Common use of Upon Early Settlement of Purchase Contracts 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. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.7, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.8.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Dte Energy Co), Purchase Contract Agreement (Dte Energy Co)

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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, _______ 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 Early Settlement Rate shall initially be equal to ________________ and shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.7509, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.8510.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Ferro Corp), Purchase Contract Agreement (Ferro 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 Early Settlement Rate shall initially be equal to __________ and shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.7509, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.8510.

Appears in 2 contracts

Samples: Stock Purchase Contract Agreement (CCC Capital Trust Ii), Purchase Contract Agreement (Alco Standard 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, _______ shares of Common Stock 1.8991 Ordinary 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. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.7, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock Ordinary Shares issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.8.

Appears in 1 contract

Samples: Purchase Contract Agreement (Ace LTD)

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 Early Settlement Rate shall initially be equal to and shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.7509, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office Of flee a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.8510.

Appears in 1 contract

Samples: Purchase Contract Agreement (Providian Financing Iv)

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 Ordinary 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. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.75.9, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock Ordinary Shares issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.85.10.

Appears in 1 contract

Samples: Purchase Contract Agreement (Ace LTD)

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, _______ 1.1962 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. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.75.8, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.85.9.

Appears in 1 contract

Samples: Purchase Contract Agreement (Cox Communications Inc /De/)

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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, _______ 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 Early Settlement Rate shall initially be equal to _____________________ and shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.7509, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.8510.

Appears in 1 contract

Samples: Stock Purchase Contract Agreement (Ati Financing Ii)

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, _______ 7.8567 shares of Common Stock on account of each Purchase Contract as to which Early Settlement is effected (the "β€œEarly Settlement Rate"”). The Early Settlement Rate shall be adjusted in the same manner and at the same time as the Settlement Rate is adjusted. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.75.9, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.85.10.

Appears in 1 contract

Samples: Purchase Contract Agreement (Affiliated Managers Group 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, _______ .7794 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. As promptly as practicable after Early Settlement of Purchase Contracts in accordance with the provisions of this Section 5.75.9, the Company shall issue and shall deliver to the Agent at the Corporate Trust Office a certificate or certificates for the full number of shares of Common Stock issuable upon such Early Settlement together with payment in lieu of any fraction of a share, as provided in Section 5.85.10.

Appears in 1 contract

Samples: Purchase Contract Agreement (Semco Energy Inc)

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