Common use of Suspension Day Clause in Contracts

Suspension Day. Any Exchange Business Day on which Party A determines in a reasonable manner based on advice of counsel that Cash Settlement or Net Share Settlement would violate applicable securities laws.

Appears in 27 contracts

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

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Suspension Day. Any Exchange Business Day on which Party A determines in a reasonable manner based on the advice of counsel that Cash Settlement or Net Share Settlement would may violate applicable securities laws. Party A shall notify Party B if it receives such advice from its counsel.

Appears in 9 contracts

Samples: Forward Confirmation (Getty Realty Corp /Md/), Forward Confirmation (Getty Realty Corp /Md/), Forward Confirmation (Getty Realty Corp /Md/)

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Suspension Day. Any Exchange Business Day on which Party A reasonably determines in a reasonable manner based on the advice of counsel that Cash Settlement or Net Share Settlement would may violate applicable securities laws. Party A shall notify Party B if it receives such advice from its counsel.

Appears in 3 contracts

Samples: Confirmation (New Jersey Resources Corp), Confirmation (New Jersey Resources Corp), Forward Sale Agreement (Xcel Energy Inc)

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