Common use of Settlement Method Election Date Clause in Contracts

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 3 contracts

Samples: Consolidated Edison Inc, Consolidated Edison Inc, Consolidated Edison Inc

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Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 2 contracts

Samples: Underwriting Agreement (Consolidated Edison Inc), Consolidated Edison Inc

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the NYDOCS02/1166734 6 representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 1 contract

Samples: Consolidated Edison Co of New York Inc

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the NYDOCS02/1166735 6 representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 1 contract

Samples: Consolidated Edison Co of New York Inc

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Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the NYDOCS02/1166736 6 representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 1 contract

Samples: Consolidated Edison Co of New York Inc

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