We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Settlement Currency Clause in Contracts

Settlement Currency. USD Settlement Date: Three Exchange Business Days after the Valuation Date, or if such date is not a Clearance System Business Day or if there is a Settlement Disruption Event on such day, the immediately succeeding Clearance System Business Day on which there is no Settlement Disruption Event. Minimum Shares: To be determined as specified in Schedule I, the final number for which shall be specified to the Issuer in the Trade Notification. Maximum Shares: To be determined as specified in Schedule I, the final number for which shall be specified to the Issuer in the Trade Notification.

Appears in 2 contracts

Samples: Collared Accelerated Share Repurchase Transaction (NetApp, Inc.), Collared Accelerated Share Repurchase Transaction (NetApp, Inc.)

Settlement Currency. USD Settlement Date: Three Exchange Business Days after the each Valuation Date, or if such date is not a Clearance System Business Day or if there is a Settlement Disruption Event on such day, the immediately succeeding Clearance System Business Day on which there is no Settlement Disruption Event. Minimum Shares: To be determined as specified in Schedule I, the final number for which shall be specified to the Issuer in the Trade Notification. Maximum Shares: To be determined as specified in Schedule I, the final number for which shall be specified to the Issuer in the Trade Notification.

Appears in 2 contracts

Samples: Fixed Dollar Accelerated Share Repurchase Transaction (Alkermes Inc), Fixed Dollar Accelerated Share Repurchase Transaction (Unum Group)