Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the “Purchase Price”), a number of shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate unless an Early Settlement, a Fundamental Change Early Settlement or a Termination Event with respect to the Units of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” is equal to:
Appears in 8 contracts
Samples: Purchase Contract and Pledge Agreement (Archer Daniels Midland Co), Purchase Contract and Pledge Agreement (Johnson Controls Inc), Purchase Contract and Pledge Agreement (Great Plains Energy Inc)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the “Purchase Price”), a number of newly issued shares of Common Stock (subject to Section 5.095.08) equal to the Settlement Rate unless an Early Settlement, a Fundamental Change Cash Merger Early Settlement or a Termination Event with respect to the Units of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” is equal to:
Appears in 7 contracts
Samples: Purchase Contract and Pledge Agreement (Genworth Financial Inc), Purchase Contract and Pledge Agreement (E Trade Financial Corp), Purchase Contract and Pledge Agreement (PNM Resources Inc)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit Units to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the “"Purchase Price”"), a number of newly issued shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate unless an Early Settlement, a Fundamental Change Cash Merger Early Settlement or a Termination Event with respect to the Units of which such Purchase Contract is a part shall have occurred. The “"Settlement Rate” " is equal to:
Appears in 6 contracts
Samples: Purchase Contract Agreement (Oneok Inc /New/), Purchase Contract Agreement (Teekay Shipping Corp), Purchase Contract Agreement (Baxter International Inc)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit Units to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the “Purchase Price”"PURCHASE PRICE"), a number of newly issued shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate unless an Early Settlement, a Fundamental Change Cash Merger Early Settlement or a Termination Event with respect to the Units of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” "SETTLEMENT RATE" is equal to:
Appears in 5 contracts
Samples: Purchase Contract Agreement (Hartford Financial Services Group Inc/De), Purchase Contract Agreement (Hartford Financial Services Group Inc/De), Purchase Contract Agreement (Hartford Financial Services Group Inc/De)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit Units to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the “Purchase Price”)Amount, a number of newly issued shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate unless an Early Settlement, a Fundamental Change Cash Merger Early Settlement or a Termination Event with respect to the Units of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” "SETTLEMENT RATE" is equal to:
Appears in 2 contracts
Samples: Purchase Contract Agreement (Chubb Corp), Purchase Contract Agreement (Chubb Corp)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit Units to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price in cash equal to the Stated Amount (the “Purchase Price”), a number of newly issued shares of Common Stock (subject to Section 5.095.08) equal to the Settlement Rate unless an Early Settlement, a Fundamental Change Early Settlement or a Termination Event with respect to the Units of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” is equal to:
Appears in 1 contract
Samples: Purchase Contract and Pledge Agreement (Legg Mason Inc)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the “"Purchase Price”"), a number of shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate unless an Early SettlementSettlement has occurred in accordance with Section 5.04(b)(2) or 5.07 hereof or, a Fundamental Change Early Settlement prior to or a Termination Event with respect to on the Units of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” is equal to:Date,
Appears in 1 contract
Samples: Purchase Contract Agreement (Public Service Enterprise Group Inc)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the “Purchase Price”), a number of shares of Common Stock (subject to Section 5.095.08) equal to the Settlement Rate unless an Early Settlement, a Fundamental Change Cash Merger Early Settlement or a Termination Event with respect to the Units of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” is equal to:
Appears in 1 contract
Samples: Purchase Contract and Pledge Agreement (Cit Group Inc)
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit Units to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount $25 (the “Purchase Price”"PURCHASE PRICE"), a number of newly issued shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate (as defined below) unless an Early Settlement, a Fundamental Change Cash Merger Early Settlement or a Termination Event with respect to the Units Unit of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” "SETTLEMENT RATE" is equal to:
Appears in 1 contract
Purchase of Shares of Common Stock. (a) Each Purchase Contract shall obligate the Holder of the related Unit Units to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount $25 (the “Purchase Price”), a number of newly issued shares of Common Stock (subject to Section 5.09) equal to the Settlement Rate (as defined below) unless an Early Settlement, a Fundamental Change Cash Merger Early Settlement or a Termination Event with respect to the Units Unit of which such Purchase Contract is a part shall have occurred. The “Settlement Rate” is equal to:
Appears in 1 contract
