Common use of Net Share Settlement Shares Clause in Contracts

Net Share Settlement Shares. With respect to a Settlement Date, the absolute value of the Cash Settlement Amount divided by the Unwind Purchase Price, with the number of Shares rounded up in the event such calculation results in a fractional number. Settlement Currency: USD.

Appears in 6 contracts

Samples: Distribution Agency Agreement (Camden Property Trust), Distribution Agency Agreement (Camden Property Trust), Distribution Agency Agreement (Camden Property Trust)

AutoNDA by SimpleDocs

Net Share Settlement Shares. With respect to a Settlement Date, the absolute value of the Cash Settlement Amount divided by the Unwind Purchase VWAP Price, with the number of Shares rounded up in the event such calculation results in a fractional number. Settlement Currency: USD.

Appears in 2 contracts

Samples: Forward Confirmation (Umb Financial Corp), Forward Confirmation (Umb Financial Corp)

AutoNDA by SimpleDocs

Net Share Settlement Shares. With respect to a Settlement DateDate in respect of which Net Share Settlement applies, the number of Shares equal to the absolute value of the Cash Settlement Amount divided by the Unwind Purchase Price, with the number of Shares rounded up in the event such calculation results in a fractional number. Settlement Currency: USD.

Appears in 1 contract

Samples: Registered Forward Transaction (Sempra)

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