Common use of Settlement Shares Clause in Contracts

Settlement Shares. With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

Appears in 14 contracts

Samples: Registered Forward Transaction Confirmation (VICI Properties L.P.), Confirmation of Transaction (VICI Properties L.P.), Confirmation of Transaction (VICI Properties L.P.)

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Settlement Shares. With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

Appears in 11 contracts

Samples: Atm Equity Offering Sales Agreement (Tanger Properties LTD Partnership /Nc/), Forward Confirmation (ONE Gas, Inc.), Distribution Agency Agreement (Camden Property Trust)

Settlement Shares. With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 100,000 and the Base Amount at that time; provided further that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

Appears in 9 contracts

Samples: Registered Forward Transaction Confirmation (National Health Investors Inc), Registered Forward Confirmation (National Health Investors Inc), Registered Forward Transaction (National Health Investors Inc)

Settlement Shares. With In respect of any Transaction and with respect to any Settlement DateDate for such Transaction, a number of Shares, not to exceed the Base AmountAmount for such Transaction, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date for such Transaction the number of Settlement Shares shall be equal to the Base Amount for such Transaction on such date.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Pinnacle West Capital Corp), Master Forward Confirmation (Corporate Office Properties Trust), Master Forward Confirmation (Corporate Office Properties Trust)

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Settlement Shares. With In respect of any Transaction and with respect to any Settlement DateDate for such Transaction, a number of Shares, not to exceed the Base AmountAmount for such Transaction, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that the Settlement Shares so designated shallthat, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date for such Transaction, the number of Settlement Shares shall be equal to the Base Amount for such Transaction on such date.

Appears in 1 contract

Samples: Equity Distribution Agreement (Equinix Inc)

Settlement Shares. With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” belowNotice; provided that (i) Party B must designate as the Settlement Shares so designated shall, in for each Settlement Date other than the case Maturity Date a number of a designation by Party B, be Shares equal to at least equal to the lesser of 1,000,000 (x) 360,000 and (y) the Base Amount at that time; provided further that on such date, and (ii) on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date. Settlement: Physical Settlement.

Appears in 1 contract

Samples: Confirmation (American Capital Strategies LTD)

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