Price Decline Termination Event Settlement. (a) If, on the Settlement Date, the Settlement Amount is greater than the Reference Amount, MLI will pay the Company an amount in cash equal to the difference.
Appears in 1 contract
Price Decline Termination Event Settlement. 43 (a) If, on the Settlement Date, the Settlement Amount is greater than the Reference Amount, MLI MLI, on the Settlement Date, will pay the Company Companies an amount in cash or Paired Shares (valued at the Closing Price on the Trade Date), at the election of the Companies, equal to the difference.
Appears in 1 contract
Samples: Purchase Agreement (Starwood Hotel & Resorts Worldwide Inc)
Price Decline Termination Event Settlement. (a) If, on the Settlement Date, the Settlement Amount is greater than the Reference Amount, MLI will pay the Company Companies an amount in cash equal to the difference.,
Appears in 1 contract
Samples: Purchase Price Adjustment Mechanism Agreement (Meditrust Corp)
Price Decline Termination Event Settlement. (a) If, on the Settlement Date, the Settlement Amount is greater than the Reference Amount, MLI LBF, on the Settlement Date, will pay the Company Companies an amount in cash or Paired Shares (valued at the Closing Price on the Trade Date), at the election of the Companies, equal to the difference.
Appears in 1 contract
Samples: Purchase Agreement (Starwood Hotel & Resorts Worldwide Inc)
