Common use of Upon Early Settlement of Purchase Contracts by 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, ______ 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 pursuant to Section 5.04.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Oneok Inc /New/), Purchase Contract Agreement (Oneok Inc /New/)

AutoNDA by SimpleDocs

Upon Early Settlement of Purchase Contracts by. a Holder of the related Units, the Company Issuers shall issue, and the Holder shall be entitled to receive, ______ the number of shares of Common Stock designated in the applicable Issuer Order 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 pursuant to Section 5.045.4.

Appears in 1 contract

Samples: Purchase Contract Agreement (Aegon Nv)

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, ______ shares of Common Stock Ordinary Shares on account of each Purchase Contract as to which Early Settlement is effected (the "Early Settlement Rate")) equal to the quotient of $25 divided by the greater of (i) the conversion price of the Convertible Preferred Shares and (ii) the Applicable Market Value of such Ordinary Shares as of such time. The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted pursuant to as provided in Section 5.04.

Appears in 1 contract

Samples: Purchase Contract Agreement (Scottish Re Group LTD)

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, ______ 1.4011 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 pursuant to Section 5.04.

Appears in 1 contract

Samples: Purchase Contract Agreement (Baxter International 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, [______ ] 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 pursuant to Section 5.04.

Appears in 1 contract

Samples: Purchase Contract Agreement (Teekay Shipping Corp)

Upon Early Settlement of Purchase Contracts by. a Holder of the related Units, the Company shall issue, and the Holder shall be entitled to receivereceive (subject to Section 5.08), ______ 6.2775 shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the "Early Settlement Rate"), which is equivalent to the Minimum Settlement Rate. The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted pursuant to Section 5.04.

Appears in 1 contract

Samples: Purchase Contract Agreement (Ambac Financial 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, ______ [ ] newly issued 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 pursuant to Section 5.04.

Appears in 1 contract

Samples: Purchase Contract Agreement (Pmi Group Inc)

AutoNDA by SimpleDocs

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, ______ 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 pursuant to Section 5.04.

Appears in 1 contract

Samples: Purchase Contract Agreement (PNM Resources 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 receivereceive regardless of the market price of the Common Shares on the Early Settlement Date, ______ shares of - Common Stock Shares 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 pursuant to Section 5.04adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Seagram Co LTD)

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, ______ [ ] newly issued shares of Common Stock on account of each Purchase Contract Stock, 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 pursuant to Section 5.04(the "EARLY SETTLEMENT RATE").

Appears in 1 contract

Samples: Purchase Contract Agreement (Albertsons Inc /De/)

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, [______ ____] shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the "Early Settlement RateEARLY SETTLEMENT RATE"). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted pursuant to Section 5.04adjusted.

Appears in 1 contract

Samples: Purchase Contract Agreement (Hartford Financial Services Group Inc/De)

Time is Money Join Law Insider Premium to draft better contracts faster.