Common use of Determination of Exchange Date Amounts Clause in Contracts

Determination of Exchange Date Amounts. To calculate, on the Exchange Date, the number of Shares (or, if the Seller elects the Cash Settlement Alternative under the Contract, the amount in cash) required to be delivered by the Seller under Section 1.1 of the Contract or, if a Reorganization Event shall have occurred, the amount of cash required to be delivered by the Seller, and the number of Marketable Securities permitted to be delivered by the Seller in lieu of all or a portion of such cash, all as provided in Section 6.2 of the Contract; and to furnish Notice of the amounts so determined to the Collateral Agent and the Seller;

Appears in 2 contracts

Samples: Trust Agreement (Mandatory Common Exchange Trust), Trust Agreement (Mandatory Common Exchange Trust)

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Determination of Exchange Date Amounts. To calculate, on the Exchange Date, the number of Shares (or, if the Seller elects one or more Sellers elect the Cash Settlement Alternative under the ContractContracts, the amount in cash) required to be delivered by each of the Seller Sellers under Section 1.1 of the Contract Contracts or, if a Reorganization Event shall have occurred, the amount of cash required to be delivered by the SellerSellers, and the number of Marketable Securities permitted to be delivered by the Seller Sellers in lieu of all or a portion of such cash, all as provided in Section 6.2 of the Contract; Contracts, and to furnish Notice notice of the amounts so determined to the Collateral Agent and the SellerSellers;

Appears in 1 contract

Samples: Trust Agreement (Automatic Common Exchange Security Trust Ii)

Determination of Exchange Date Amounts. To calculate, on the Exchange Date, the number of Shares (or, if the Seller elects one or more Sellers elect the Cash Settlement Alternative under the Contracttheir respective Contracts, the amount in cash) required to be delivered by each of the Seller Sellers under Section 1.1 of the Contract Contracts or, if a Reorganization Event shall have occurred, the amount of cash required to be delivered by the SellerSellers, and the number of Marketable Securities permitted to be delivered by the Seller Sellers in lieu of all or a portion of such cash, all as provided in Section 6.2 of the Contract; Contracts, and to furnish Notice notice of the amounts so determined to the Collateral Agent and the Seller;Sellers; and

Appears in 1 contract

Samples: Trust Agreement (Estee Lauder Automatic Common Exchange Security Trust)

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Determination of Exchange Date Amounts. To calculate, on the Exchange Date, the number of Shares (or, if the Seller elects one or more Sellers elect the Cash Settlement Alternative under the ContractContracts, the amount in cash) required to be delivered by each of the Seller Sellers under Section 1.1 of the Contract Contracts or, if a Reorganization Event shall have occurred, the amount of cash required to be delivered by the SellerSellers, and the number of Marketable Securities permitted to be delivered by the Seller Sellers in lieu of all or a portion of such cash, all as provided in Section 6.2 of the Contract; Contracts, and to furnish Notice notice of the amounts so determined to the Collateral Agent and the Seller;Sellers; and

Appears in 1 contract

Samples: Trust Agreement (Fourth Automatic Common Exchange Security Trust)

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