Settlement Averaging Period definition

Settlement Averaging Period. For any Option:

Settlement Averaging Period. For any Exercisable Option:

Settlement Averaging Period. The period beginning on, and including, the first Valuation Date and ending on, and including, the last Valuation Date.

Examples of Settlement Averaging Period in a sentence

• Dealer will pay cash in lieu of delivering any fractional Shares to be delivered with respect to any Net Share Settlement Amount valued at the Relevant Price for the last Valid Day of the Settlement Averaging Period.

• If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

• For any Option, the second Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.

• For any Option, the third Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.

• Dealer will pay cash in lieu of delivering any fractional Shares to be delivered with respect to any Net Share Settlement Share Amount valued at the Relevant Price for the last Valid Day of the Settlement Averaging Period.

More Definitions of Settlement Averaging Period

Settlement Averaging Period. For any Exercisable Option, (x) if Counterparty has, on or prior to June 1, 2014, delivered a Notice of Exercise to JPMorgan with respect to such Exercisable Option with a Conversion Date occurring prior to June 1, 2014, the twenty five (25) consecutive Valid Days commencing on and including the third Scheduled Valid Day following such Conversion Date, or (y) if Counterparty has, on or following June 1, 2014, delivered a Notice of Exercise to JPMorgan with respect to such Exercisable Option with a Conversion Date occurring on or following June 1, 2014, the twenty five (25) consecutive Valid Days commencing on, and including, the twenty seventh (27th) Scheduled Valid Day immediately prior to the Expiration Date.

Settlement Averaging Period. For any Note Hedging Unit:

Settlement Averaging Period. For any Exercisable Option and regardless of the Settlement Method applicable to such Exercisable Option:

Settlement Averaging Period. For any Option, (x) if Counterparty has, on or prior to the first Valid Day of the Final Conversion Period, delivered a Notice of Exercise to Dealer with respect to such Option with a Conversion Date occurring prior to the first Valid Day of the Final Conversion Period, (i) if Net Share Extended Settlement applies, the ninety (90) consecutive Valid Days commencing on and including the second Valid Day following such Conversion Date or (ii) if Net Share Regular Settlement, Combination Settlement or Cash Settlement applies, the thirty (30) consecutive Valid Days commencing on and including the second Valid Day following such Conversion Date, or

Settlement Averaging Period. For any Exercisable Option, (x) if Counterparty has, on or prior to June 1, 2014, delivered a Notice of Exercise to Citibank with respect to such Exercisable Option with a Conversion Date occurring prior to June 1, 2014, the twenty five (25) consecutive Valid Days commencing on and including the third Scheduled Valid Day following such Conversion Date, or (y) if Counterparty has, on or following June 1, 2014, delivered a Notice of Exercise to Citibank with respect to such Exercisable Option with a Conversion Date occurring on or following June 1, 2014, the twenty five (25) consecutive Valid Days commencing on, and including, the twenty seventh (27th) Scheduled Valid Day immediately prior to the Expiration Date.

Settlement Averaging Period. For any Exercisable Option, (x) if Counterparty has, on or prior to June 1, 2017, delivered a Notice of Exercise to Dealer with respect to such Exercisable Option with a Conversion Date occurring prior to June 1, 2017, the twenty five (25) consecutive Valid Days commencing on and including the third Scheduled Valid Day following such Conversion Date, or (y) if Counterparty has, on or following June 1, 2017, delivered a Notice of Exercise to Dealer with respect to such Exercisable Option with a Conversion Date occurring on or following June 1, 2017, the twenty five (25) consecutive Valid Days commencing on, and including, the twenty seventh (27th) Scheduled Valid Day immediately prior to the Expiration Date.

Settlement Averaging Period. For any Exercisable Option, (x) if Counterparty has delivered, in accordance with the terms set forth above, a Notice of Exercise to Dealer with respect to such Exercisable Option with a Conversion Date occurring prior to February 1, 2012, the thirty (30) consecutive Valid Day period beginning on, and including, the second Scheduled Valid Day immediately following such Conversion Date, or (y) if Counterparty has delivered, in accordance with the terms set forth above, a Notice of Exercise to Dealer with respect to such Exercisable Option with a Conversion Date occurring on or after February 1, 2012, the thirty (30) consecutive Valid Day period beginning on, and including, the thirty-second (32nd) Scheduled Valid Day immediately prior to the Expiration Date. Settlement Date: For any Exercisable Option, the date cash will be paid under the terms of the Indenture with respect to the conversion of the Related Convertible Notes for such Exercisable Option, but in no event earlier than the third Business Day immediately following the final Valid Day of the Settlement Averaging Period. Settlement Currency: USD