Common use of Settlement Method Election Date Clause in Contracts

Settlement Method Election Date. The third Scheduled Trading Day immediately preceding the First Expiration Date. Default Settlement Method: Net Share Settlement Cash Percentage: 0%; provided, however, that if Company (i) validly delivers notice pursuant to Section 7.1 of the Equity Definitions and (ii) in such notice validly elects Cash Settlement and a Cash Percentage greater than 0% and less than or equal to 100%, the Cash Percentage shall equal the percentage specified as such in such notice.

Appears in 4 contracts

Samples: Warrant Agreement (Gilead Sciences Inc), Warrant Agreement (Gilead Sciences Inc), Warrant Agreement (Gilead Sciences Inc)

AutoNDA by SimpleDocs

Settlement Method Election Date. The third Scheduled Trading Day immediately preceding the First Expiration Date. Default Settlement Method: Net Share Settlement Cash Percentage: 0%; provided, however, that if Company (i) validly delivers notice pursuant to Section 7.1 of the Equity Definitions Cash Settlement hereunder and (ii) in such notice validly elects Cash Settlement and a Cash Percentage greater than 0% and less than or equal to 100%, the Cash Percentage shall equal to the percentage specified as such in such notice.

Appears in 2 contracts

Samples: Warrant Agreement (Nuvasive Inc), Warrant Agreement (Nuvasive Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!