Cash Settlement Option definition

Cash Settlement Option has the meaning specified in Section 1201. ----------------------
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Cash Settlement Option means the irrevocable option granted to the Holder to require the Grantor to pay the Holder the relevant Cash Settlement Amount on the terms and conditions set forth herein.
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Cash Settlement Option means the settlement benefit option described in section6.5.
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Examples of Cash Settlement Option in a sentence

  • Where a claim has been accepted in whole or in part and the Claimant has elected the Cash Settlement Option, the Defendant shall include with the Claim Decision, the settlement benefits to which the Claimant is entitled pursuant to section6.5 below.

  • Whether the Claimant is electing the Payment of Repairs Settlement Option or the Cash Settlement Option.

  • Where the Claimant has elected the Cash Settlement Option, within 30 days of receipt of the Review Decision, the Defendant shall provide to the Claimant any settlement benefits due and owing as a result of the Review Decision.

  • Eligible Claimants shall have two settlement benefit options: the Payment of Repairs Settlement Option and the Cash Settlement Option.

  • If the Company exercises its Cash Settlement Option in respect of Bonds held by more than one Bondholder which are to be converted on the same Conversion Date, the Company shall make the same proportion of cash and Shares available to such converting Bondholders.

  • If the Company has elected to pay the converting Bondholder cash in lieu of Shares pursuant to the Cash Settlement Option (as defined in Condition 6(B)(iv)), the number of excess Shares shall be determined by assuming that the Company had not elected the Cash Settlement Option.

  • In order to exercise the Cash Settlement Option, the Company shall provide notice of the exercise of the Cash Settlement Option (the “Cash Settlement Notice”) to the relevant Bondholder, the Trustee and the Agents as soon as practicable but no later than the fifth Stock Exchange Business Day (as defined in Condition 6(B)(i)) following the date of the Conversion Notice (the date of such Cash Settlement Notice being the “Cash Settlement Notice Date”).

  • The Cash Settlement Option was deleted from the First and Second Transactions under the First and Second Transaction Schedules in light of Securities and Exchange Commission (SEC) Rule 10a-1.

  • Subject to the right of the Company to exercise the Cash Settlement Option pursuant to Condition 6(B)(iv), the number of Shares to be issued on conversion of a Bond will be determined by dividing the Principal Amount Outstanding of the Bonds to be converted by the Conversion Price in effect on the relevant Conversion Date (both as hereinafter defined).

  • Subject to the right of the Company to exercise the Cash Settlement Option pursuant to Condition 6(B)(iv) and otherwise as hereinafter provided, Bondholders have the right to convert their Bonds into Shares (as defined in Condition 6(A)(v)) at any time during the Conversion Period referred to below.


More Definitions of Cash Settlement Option

Cash Settlement Option means as described in clause 12.8.
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Cash Settlement Option has the meaning ascribed thereto in Section 8.1(b).
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Cash Settlement Option has the meaning set out in Condition 5.2.4;
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Cash Settlement Option has the meaning specified in Section 2.5(a) hereof.
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Cash Settlement Option. The option of AMP described in Section 2.5 (a) of the Contract in whole or in part to settle the Contract for a cash payment on the Settlement Date.
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Cash Settlement Option shall have the meaning assigned to such term in Section 1301.
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Related to Cash Settlement Option

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Share Termination Settled in relation to the Transaction means that the Share Termination Alternative is applicable to the Transaction.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Individual Settlement Payment means the amount payable from the Net

  • Net Settlement Fund means the Settlement Fund less: (i) Court-awarded attorneys’ fees and expenses; (ii) Notice and Administration Expenses; (iii) Taxes; and (iv) any other fees or expenses approved by the Court.

  • Combination Settlement shall have the meaning specified in Section 14.02(a).

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.