Common use of Cash Settlement Amount Clause in Contracts

Cash Settlement Amount. Notwithstanding Section 8.5(c) of the Definitions, for any Settlement Date and the number of Settlement Shares to which Cash Settlement or Net Share Settlement applies on such Settlement Date, an amount determined by the Calculation Agent equal to the sum of (X) the product, whether a positive or negative number, of (i) the Settlement Price minus the Forward Price times (ii) the number of Settlement Shares for such Settlement Date plus (Y) the product, expressed as a positive number, of (i) the Forward Price Reduction Amount for any Forward Price Reduction Date that occurs during such Unwind Period, and (ii) the number of Settlement Shares with respect to which Dealer has not unwound its hedge as of such Forward Price Reduction Date.