Hedging Period. On each Trading Day beginning on the first Trading Day immediately following the Initial Settlement Date and ending on the Hedging Completion Date, an affiliate of the Seller shall effect, for the account of the Seller, purchases of shares of Common Stock to establish Seller’s initial position to hedge the Seller’s price and market risk in connection with this Transaction (the period of consecutive Trading Days on which such purchases for this Transaction are effected being collectively referred to as the “Hedging Period” for this Transaction).
Appears in 2 contracts
Samples: Letter Agreement, Letter Agreement (Nu Skin Enterprises Inc)
Hedging Period. (a) On each Trading Day beginning on the first Trading Day immediately following the Initial Settlement Trade Date and ending on the Hedging Completion Date, an affiliate of the Seller shall effect, for the account of the Seller, purchases of shares of Common Stock in a commercially reasonable manner to establish the Seller’s initial position to hedge the Seller’s price and market risk in connection with this Transaction (the period of consecutive Trading Days on which such purchases for this Transaction are effected being collectively referred to as the “Hedging Period” for this Transaction).
Appears in 1 contract
Samples: Letter Agreement (Verisign Inc/Ca)
Hedging Period. (a) On each Trading Day Day, beginning on the first Trading Day immediately following the Initial Settlement Trade Date and ending on the Hedging Completion Date, an affiliate of the Seller shall effect, for the account of the Seller, purchases of shares of Common Stock to establish Seller’s initial position to hedge the Seller’s price and market risk in connection with this Transaction (the period of consecutive Trading Days on which such purchases for this Transaction are effected being collectively referred to as the “Hedging Period” for this Transaction).
Appears in 1 contract
Samples: Letter Agreement (Manor Care Inc)
Hedging Period. (a) On each Trading Day beginning on the first Trading Day immediately following the Initial Settlement Trade Date and ending on the Hedging Completion Date, an affiliate of the Seller shall effect, for the account of the Seller, purchases of shares of Common Stock to establish Seller’s initial position to hedge the Seller’s price and market risk in connection with this Transaction (the period of consecutive Trading Days on which such purchases for this Transaction are effected being collectively referred to as the “Hedging Period” for this Transaction).
Appears in 1 contract
Samples: Covance Inc