Physical Settlement. If Physical Settlement is applicable, then on the relevant Settlement Date, Dealer will pay to Counterparty an amount equal to the product of (x) the number of Designated Shares for the related Designated Date and (y) the Daily Forward Price on such Settlement Date and Counterparty will deliver to Dealer a number of Shares equal to such number of Designated Shares.
Appears in 6 contracts
Samples: Sales Agency Agreement (Dominion Energy, Inc), Sales Agency Agreement (Dominion Energy, Inc), Issuer Forward Transaction (Duke Energy CORP)
