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

Upon Early Settlement of Purchase Contracts by a Holder of the related Units. the Company shall issue, and the Holder shall be entitled to receive, a number of newly‑issued shares of Common Stock (or in the case of an Early Settlement following a Reorganization Event, a number of Exchange Property Units) equal to the Minimum Settlement Rate for each Purchase Contract as to which Early Settlement is effected.

Appears in 3 contracts

Samples: Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co)

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Upon Early Settlement of Purchase Contracts by a Holder of the related Units. the Company shall issue, and the Holder shall be entitled to receive, a number of newly‑issued shares of Common Stock (or in the case of an Early Settlement following a Reorganization Event, a number of Exchange Property Units) equal to the applicable Minimum Settlement Rate for each Purchase Contract as to which Early Settlement is effected.

Appears in 2 contracts

Samples: Purchase Contract and Pledge Agreement (Archer Daniels Midland Co), Purchase Contract and Pledge Agreement (Archer Daniels Midland Co)

Upon Early Settlement of Purchase Contracts by a Holder of the related Units. the Company shall issue, and the Holder shall be entitled to receive, a number of newly‑issued newly-issued shares of Common Stock (or in the case of an Early Settlement following a Reorganization Event, a number of Exchange Property Units) equal to the Minimum Settlement Rate for each Purchase Contract as to which Early Settlement is effected.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co)

Upon Early Settlement of Purchase Contracts by a Holder of the related Units. the Company shall issue, and the Holder shall be entitled to receive, a number of newly‑issued newly-issued shares DB1/ 148045032.3 of Common Stock (or in the case of an Early Settlement following a Reorganization Event, a number of Exchange Property Units) equal to the Minimum Settlement Rate for each Purchase Contract as to which Early Settlement is effected.

Appears in 1 contract

Samples: Purchase Contract Agreement (Florida Power & Light Co)

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Upon Early Settlement of Purchase Contracts by a Holder of the related Units. the Company shall issue, and the Holder shall be entitled to receive, a number of newly‑issued shares of Common Stock (or in the case of an Early Settlement following a Reorganization Event, a number of Exchange Property Units) equal to the Minimum Settlement Rate for each Purchase Contract as to which Early Settlement is effected.

Appears in 1 contract

Samples: Purchase Contract Agreement (FPL Group Inc)

Upon Early Settlement of Purchase Contracts by a Holder of the related Units. the Company shall issue, and the Holder shall be entitled to receive, a number of newly‑issued shares of Common Stock (or in the case of an Early Settlement following a Reorganization Event, a number of Exchange Property Units) equal to the Minimum Settlement Rate (regardless of the market price of the Common Stock on the Early Settlement Date) for each Purchase Contract as to which Early Settlement is effected.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Stanley Black & Decker, Inc.)

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