Common use of Payments and Deliveries Clause in Contracts

Payments and Deliveries. On the first Scheduled Trading Day following the final Averaging Date (as defined below) or, if such day is not a Clearance System Business Day, on the next Clearance System Business Day immediately following such day (the “Payment Date”), Dealer shall pay to Company in immediately available funds cash in an amount equal to the Cash Settlement Amount. The “Cash Settlement Amount” shall mean an amount in US Dollars determined by Dealer using linear interpolation with reference to the table set forth in Schedule A attached hereto.

Appears in 6 contracts

Samples: Termination Agreement (Take Two Interactive Software Inc), Termination Agreement (Take Two Interactive Software Inc), Termination Agreement (Take Two Interactive Software Inc)

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Payments and Deliveries. On the first second Scheduled Trading Day following the final Averaging Date (as defined below) or, if such day is not a Clearance System Business Day, on the next Clearance System Business Day immediately following such day (the “Payment Date”), Dealer shall pay to Company in immediately available funds cash in an amount equal to the Cash Settlement Amount. The “Cash Settlement Amount” shall mean an amount in US Dollars determined by Dealer using linear interpolation with reference to the table set forth in Schedule A attached hereto.

Appears in 1 contract

Samples: Termination Agreement (Take Two Interactive Software Inc)

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