Common use of Settlement Averaging Period Clause in Contracts

Settlement Averaging Period. For any Option, the 60 consecutive Valid Days commencing on, and including, the 61st Scheduled Valid Day immediately prior to the Expiration Date; provided that if the Notice of Final Settlement Method or Notice of Exercise, as applicable, for such Option specifies that Settlement in Shares or Low Cash Combination Settlement applies to the related Convertible Note, the Settlement Averaging Period shall be the 120 consecutive Valid Days commencing on, and including, the 121st Scheduled Valid Day immediately prior to the Expiration Date Settlement Date: For any Option, the second Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.

Appears in 2 contracts

Samples: Letter Agreement (Varex Imaging Corp), Letter Agreement (Varex Imaging Corp)

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Settlement Averaging Period. For any Option, the 60 50 consecutive Valid Days commencing on, and including, the 61st 51st Scheduled Valid Day immediately prior to the Expiration Date; provided that if the Notice of Final Settlement Method or Notice of Exercise, as applicable, for such Option specifies that Settlement in Shares or Low Cash Combination Settlement applies to the related Relevant Convertible Note, the Settlement Averaging Period shall be the 120 100 consecutive Valid Days commencing on, and including, the 121st 101st Scheduled Valid Day immediately prior to the Expiration Date Date. Settlement Date: For any Option, the second Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.

Appears in 1 contract

Samples: Vonage Holdings Corp

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Settlement Averaging Period. For any Option, the 40 consecutive Valid Days commencing on, and including, the 41st Scheduled Valid Day immediately prior to the Expiration Date; provided that, if the Notice of Final Settlement Method for such Option specifies that Settlement in Shares or Low Cash Combination Settlement applies to the Relevant Convertible Note, the Settlement Averaging Period shall be the 60 consecutive Valid Days commencing on, and including, the 61st Scheduled Valid Day immediately prior to the Expiration Date; provided that if the Notice of Final Settlement Method or Notice of Exercise, as applicable, for such Option specifies that Settlement in Shares or Low Cash Combination Settlement applies to the related Convertible Note, the Settlement Averaging Period shall be the 120 consecutive Valid Days commencing on, and including, the 121st Scheduled Valid Day immediately prior to the Expiration Date . Settlement Date: For any Option, the second Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.

Appears in 1 contract

Samples: Alteryx, Inc.

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