Default Settlement Method. Net Share Settlement Net Share Settlement: If Net Share Settlement is applicable, then on the relevant Settlement Date, Company shall deliver to Dealer the Share Delivery Quantity of Shares for such Settlement Date to the account specified hereto free of payment through the Clearance System.
Appears in 3 contracts
Samples: Warrant Agreement (Wyndham Worldwide Corp), Warrant Agreement (Wyndham Worldwide Corp), Warrant Agreement (Wyndham Worldwide Corp)
Default Settlement Method. Net Share Settlement Net Share Settlement: If Net Share Settlement is applicable, then on the relevant Settlement Date, Company shall deliver to Dealer a number of Shares equal to the Share Delivery Quantity of Shares for such Settlement Date to the account specified hereto free of payment through the Clearance System.
Appears in 2 contracts
Samples: Warrant Agreement (American Equity Investment Life Holding Co), Warrant Agreement (Knight Capital Group, Inc.)
Default Settlement Method. Net Share Settlement Net Share Settlement: If Net Share Settlement is applicable, then on the relevant Settlement Date, Company shall deliver to Dealer a number of Shares equal to the Share Delivery Quantity of Shares for such Settlement Date to the account specified hereto herein free of payment through the Clearance System.System and Company shall pay to Dealer any Fractional Share
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