Common use of Maximum Share Delivery Clause in Contracts

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 17 contracts

Samples: Confirmation (Xcel Energy Inc), Confirmation (Xcel Energy Inc), Confirmation (Xcel Energy Inc)

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Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 11 contracts

Samples: Confirmation (New Jersey Resources Corp), Confirmation Agreement (New Jersey Resources Corp), Confirmation (New Jersey Resources Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.5 times the initial Initial Base Amount to Party AAmount, subject to reduction by the amount number of any Shares delivered by Party B on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Confirmation and the Equity Definitions.

Appears in 8 contracts

Samples: Atm Equity Offering Sales Agreement (Acadia Realty Trust), Confirmation of Registered Forward Transaction (Acadia Realty Trust), Confirmation of Transaction (Acadia Realty Trust)

Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate (the “Forward Shares”).

Appears in 7 contracts

Samples: Forward Confirmation (Pinnacle West Capital Corp), Forward Confirmation (Pinnacle West Capital Corp), Forward Confirmation (Pinnacle West Capital Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver in settlement of this Transaction on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Termination Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 7 contracts

Samples: Confirmation of Additional Forward Stock Sale Transaction (Westar Energy Inc /Ks), Confirmation of Additional Forward Stock Sale Transaction (Westar Energy Inc /Ks), Underwriting Agreement (Westar Energy Inc /Ks)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75, multiplied by the initial Base Amount to Party A, subject to reduction by the amount aggregate number of any Shares Shares, if any, delivered by Party B on any prior Settlement Date.

Appears in 4 contracts

Samples: Confirmation (PPL Corp), Confirmation (PPL Corp), Confirmation (PPL Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 25,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 4 contracts

Samples: Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.5 times the initial Initial Base Amount to Party AAmount, subject to reduction by the amount number of any Shares delivered by Party B on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Confirmation and the 2002 Definitions.

Appears in 3 contracts

Samples: Atm Equity Offering Sales Agreement (Tanger Properties LTD Partnership /Nc/), Distribution Agreement (Plymouth Industrial REIT, Inc.), Confirmation of Transaction (Healthpeak Properties, Inc.)

Maximum Share Delivery. Notwithstanding any other provision of this Master Forward Confirmation or any Supplemental Confirmation, in no event will Party B be required to deliver on any Settlement DateDate for any Transaction hereunder, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount Forward Shares for such Transaction to Party A, subject to reduction by A. The “Forward Shares” for any Transaction shall be as set forth in the amount of any Shares delivered by Party B on any prior Settlement DateSupplemental Confirmation for such Transaction.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Pinnacle West Capital Corp), Equity Distribution Agreement (Centerpoint Energy Inc), Equity Distribution Agreement (ONE Gas, Inc.)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver to Party A on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% greater than ten times the Base Amount as of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Trade Date.

Appears in 3 contracts

Samples: Confirmation (Developers Diversified Realty Corp), Confirmation (Developers Diversified Realty Corp), Confirmation (Developers Diversified Realty Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 50,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 3 contracts

Samples: Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of __________ Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.

Appears in 3 contracts

Samples: Underwriting Agreement (American Capital Strategies LTD), Underwriting Agreement (American Capital Strategies LTD), Underwriting Agreement (American Capital Strategies LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Termination Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount aggregate number of any Shares delivered by Party B on any all prior Settlement DateDates.

Appears in 2 contracts

Samples: Confirmation of Forward Stock Sale Transaction (Aqua America Inc), Confirmation of Forward Stock Sale Transaction (Westar Energy Inc /Ks)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 4,500,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 2 contracts

Samples: Confirmation of Forward Stock Sale Transaction (Beckman Coulter Inc), Confirmation of Forward Stock Sale Transaction (Beckman Coulter Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150200% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Confirmation (Idacorp Inc), Confirmation (Idacorp Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 2,320,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Confirmation (American Water Works Company, Inc.), Confirmation (American Water Works Company, Inc.)

Maximum Share Delivery. Notwithstanding any other provision of this Master Confirmation, in no event will Party B be required to deliver on any Settlement DateDate of any Transaction, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlementotherwise, more than a the number of Base Shares equal to 150% of the initial Base Amount such Transaction to Party A, subject to reduction by the amount aggregate number of any Shares delivered by Party B in respect of such Transaction on any all prior Settlement DateDates of such Transaction.

Appears in 2 contracts

Samples: Master Confirmation for Forward Stock Sale Transactions (Westar Energy Inc /Ks), Master Confirmation for Forward Stock Sale Transactions (Westar Energy Inc /Ks)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 8,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Confirmation (Regency Centers Corp), Confirmation (Regency Centers Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75 times the initial Base Amount to Party AA (the “Maximum Share Number”), subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Underwriting Agreement (Hawaiian Electric Industries Inc), Confirmation (Hawaiian Electric Industries Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 9 million Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Confirmation (Nationwide Health Properties Inc), Confirmation (Nationwide Health Properties Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Settlement or Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 2 contracts

Samples: Confirmation of Forward Stock Sale Transaction (E Trade Financial Corp), Confirmation of Forward Stock Sale Transaction (E Trade Financial Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 6,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Confirmation (Medical Properties Trust Inc), Confirmation (Medical Properties Trust Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver in settlement of this Transaction on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.50 multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B in settlement of this Transaction on any prior Settlement Date.

Appears in 2 contracts

Samples: Confirmation (Black Hills Corp /Sd/), Underwriting Agreement (Black Hills Corp /Sd/)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number 2,580,000 Shares (the “Maximum Number of Shares equal to 150% of the initial Base Amount Shares”) to Party AA in the aggregate, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate and to adjustment pursuant to the terms of this Confirmation and the 2002 Definitions in connection with a stock split.

Appears in 1 contract

Samples: Confirmation (American Equity Investment Life Holding Co)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Underwriting Agreement (American Capital, LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Stock Settlement or any Private Placement Termination Settlement, more than a number of 1,885,726 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Pricing Agreement (Affiliated Managers Group Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 10,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (American Capital Strategies LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a [ ](1) Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Underwriting Agreement (Corporate Office Properties Trust)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement or Net Stock Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% in excess of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Confirmation of Forward Stock Sale Transaction (Cedar Shopping Centers Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 10,580,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Vectren Corp)

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Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a 16,000,000 Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Corporate Office Properties Trust)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, Settlement more than a number of Shares equal to 150% of 1.25 times the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Registered Forward Transaction (South Jersey Industries Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a 2,400,000 Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Corporate Office Properties Trust)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 6,200,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Regency Centers Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 750,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Regency Centers Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number 8,600,000 Shares (the “Maximum Number of Shares equal to 150% of the initial Base Amount Shares”) to Party AA in the aggregate, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate and to adjustment pursuant to the terms of this Confirmation and the 2002 Definitions in connection with a stock split.

Appears in 1 contract

Samples: Confirmation (American Equity Investment Life Holding Co)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75, multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Underwriting Agreement (Scana Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 100,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (WPS Resources Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 222,990 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Confirmation of Additional Forward Stock Sale Transaction (Beckman Coulter Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 222,988 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Confirmation of Additional Forward Stock Sale Transaction (Beckman Coulter Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate (the “Forward Shares”).4 4 This number should not exceed 19.9% of total Shares outstanding on the Trade Date (calculated on an aggregate basis for all Forwards).

Appears in 1 contract

Samples: Equity Underwriting Agreement (ONE Gas, Inc.)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 5,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Regency Centers Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 8,333,335 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Underwriting Agreement (American Capital Strategies LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.Date (the “Forward Shares”).5

Appears in 1 contract

Samples: Equity Underwriting Agreement (ONE Gas, Inc.)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.50 multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Black Hills Corp /Sd/)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of two times the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (Nextera Energy Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Stock Settlement or any Private Placement Termination Settlement, more than a number of 45,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation of Forward Stock Sale Transaction (Southern Union Co)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Net Stock Settlement, more than a number the Base Amount of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Confirmation of Forward Stock Sale Transaction (Pantry Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 40,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Confirmation (American Capital Strategies LTD)

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