Common use of Quarterly Valuations Clause in Contracts

Quarterly Valuations. Bank hereby agrees, upon request by Counterparty, to cause its affiliate to provide to the Counterparty, within 5 Exchange Business Days after the end of the fiscal quarter of the Counterparty during which Counterparty made such request, a valuation estimate of the fair value of the Transaction as of the Counterparty’s fiscal quarter end.

Appears in 2 contracts

Samples: Convertible Note Hedge Transaction (Cadence Design Systems Inc), Convertible Note Hedge Transaction (Cadence Design Systems Inc)

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Quarterly Valuations. Bank Dealer hereby agrees, upon request by Counterparty, to cause its affiliate to provide to the Counterparty, within 5 Exchange Business Days after the end of the fiscal quarter of the Counterparty during which Counterparty made such request, a valuation estimate of the fair value of the Transaction as of the Counterparty’s fiscal quarter end.

Appears in 2 contracts

Samples: Convertible Note Hedge Transaction (Cadence Design Systems Inc), Convertible Note Hedge Transaction (Cadence Design Systems Inc)

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