Common use of Maximum Share Delivery Clause in Contracts

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Counterparty 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% the Initial Base Amount to Dealer, subject to reduction by the amount of any Shares delivered by Counterparty on any prior Settlement Date.

Appears in 5 contracts

Samples: Underwriting Agreement (Northwestern Corp), Confirmation (Northwestern Corp), Confirmation (Northwestern Corp)

AutoNDA by SimpleDocs

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Counterparty 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% 1.5 multiplied by the Initial initial Base Amount to Dealer, subject to reduction by the amount of any Shares delivered by Counterparty on any prior Settlement Date.

Appears in 4 contracts

Samples: Confirmation (Portland General Electric Co /Or/), Confirmation (Portland General Electric Co /Or/), Confirmation (Portland General Electric Co /Or/)

Maximum Share Delivery. Notwithstanding any other provision of this Master Confirmation, in no event will Counterparty 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 (the “Share Cap”) equal to 150% 1.5 times the Initial Base Amount to DealerNumber of Shares, subject to reduction by the amount number of any Shares delivered by Counterparty on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Master Confirmation, any Supplement Confirmation and the Equity Definitions.

Appears in 2 contracts

Samples: Master Confirmation (Lexington Realty Trust), Master Confirmation (Lexington Realty Trust)

AutoNDA by SimpleDocs

Maximum Share Delivery. Notwithstanding any other provision of this Master Confirmation, in no event will Counterparty 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% [2.0] times the Initial Base Amount to DealerNumber of Shares, subject to reduction by the amount number of any Shares delivered by Counterparty on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Master Confirmation, any Supplement Confirmation and the Equity Definitions.

Appears in 1 contract

Samples: Equity Sales Agreement (Lexington Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!