Examples of Option Cash Settlement Amount in a sentence
In no event will the Option Cash Settlement Amount be less than zero.
Cash Settlement Payment Date: For any Component, the Valuation Date for such Component (or, if later, the firstCurrency Business Day (the “Cash Prepayment Date”) on which Counterparty has received notice of the relevant Option Cash Settlement Amount by 11:00 a.m., Abu Dhabi time); provided that, if Alternative Settlement below applies in respect of such Component, the Cash Settlement Payment Date shall be postponed to the date that is one Settlement Cycle immediately following such Valuation Date.
Use “Cross-Currency” when trade is not settled in Reference Currency, Option Cash Settlement Amount is converted into the Settlement Currency on the Valuation Date.
Cash Settlement: In lieu of Section 8.1 of the Equity Definitions, if Cash Settlement applies, on the Cash Settlement Payment Date, Counterparty will pay to Dealer the Repayment Amount plus an amount in USD equal to the Option Cash Settlement Amount, or if the Option Cash Settlement Amount is negative, the Repayment Amount less the absolute value of the Option Cash Settlement Amount (the “Cash Settlement Amount”).
Number of Shares to be Delivered: The quotient of (i) the Option Cash Settlement Amount plus the Repayment Amountdivided by (ii) the Settlement Price.