Common use of Maximum Share Delivery Clause in Contracts

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 the product of 2 and the initial Base Amount to Party A (the “Forward Shares”). In connection with any partial settlement of the Transaction, the Base Amount shall be subject to reduction by an amount equal to the product of 2 and the number of Settlement Shares for such partial settlement. The Forward Shares shall be subject to adjustment from time to time in accordance with the provisions of this Forward Confirmation and the 2002 Definitions.

Appears in 10 contracts

Samples: Forward Confirmation (Getty Realty Corp /Md/), Getty Realty Corp /Md/, Getty Realty Corp /Md/

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