Common use of Upon Early Settlement of Purchase Contracts by a Holder of the related Securities Clause in Contracts

Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the “Early Settlement Rate”). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 2 contracts

Samples: Purchase Contract Agreement (PPL Capital Funding Inc), Purchase Contract Agreement (PPL Energy Supply LLC)

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Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] shares receive _______ share of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the “Early Settlement Rate”"EARLY SETTLEMENT RATE"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Cc Funding Trust Ii), Purchase Contract Agreement (Cinergy Corp)

Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, receive [ ] shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the "Early Settlement Rate"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Alltel Corp)

Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] a number of shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (equal to the Early Settlement Rate”). The ; provided, however, that upon the Early Settlement Rate of the Purchase Contracts, the Holder of such related Securities shall be adjusted in forfeit the same manner and at the same time as the Settlement Rate is adjusted.right to receive

Appears in 1 contract

Samples: Purchase Contract Agreement (K N Energy Inc)

Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the "Early Settlement Rate"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Pp&l Capital Funding Trust I)

Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] receive 1.4536 shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the “Early Settlement Rate”"EARLY SETTLEMENT RATE"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Cinergy Corp)

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Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] receive 0.8280 shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the "Early Settlement Rate"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Alltel Corp)

Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] receive 0.8190 shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the “Early Settlement Rate”"EARLY SETTLEMENT RATE"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Sempra Energy)

Upon Early Settlement of Purchase Contracts by a Holder of the related Securities. the Company shall issue, and the Holder shall be entitled to receive, [ ] ______ shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the "Early Settlement Rate"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Dominion Resources Capital Trust Iv)

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