Alternative Settlement Cash Amount definition

Alternative Settlement Cash Amount means, in respect of any exercise of Conversion Rights in respect of which the Issuer shall have made an Alternative Settlement Election specifying Cash Settlement, an amount in US dollars (rounded to the nearest whole multiple of US$0.01, with US$0.005 being rounded upwards) calculated by the Calculation Agent in accordance with the following formula and which shall be payable by the Issuer to a Bondholder in respect of the relevant Cash Settled Shares specified in the relevant Alternative Settlement Election Notice:N 1NASCA  n1x CSS x Pn where: ASCA=the Alternative Settlement Cash Amount;CSS=the Cash Settled Shares;Pn=the Volume Weighted Average Price of an Ordinary Share on the nth dealing day of the Alternative Settlement Calculation Period; andN=20, being the number of dealing days in the Alternative Settlement Calculation Period, provided that:
Sample 1Sample 2
Alternative Settlement Cash Amount has the meaning specified in Condition 3;
Sample 1Sample 2
Alternative Settlement Cash Amount means an amount in US dollars calculated by the Calculation Agent in accordance with the following formula (and rounded to the nearest whole multiple of 0.01, with 0.005 rounded upwards) and which shall be payable to a Noteholder upon an exercise of a Conversion Right if an Alternative Settlement Election is applicable to such exercise:
Sample 1

Examples of Alternative Settlement Cash Amount in a sentence

  • The Notes represented by this Definitive Registered Note are convertible into Class A Shares in the Issuer and/or the relevant Cash Conversion Amount and/or the relevant Alternative Settlement Cash Amount, as specified in and subject to and in accordance with the Conditions and the Trust Deed.

  • Convertible Notes due 2025 to be constituted by this Trust Deed and (ii) the issue of Class A Shares and/or payment of the Cash Conversion Amount and/or the Alternative Settlement Cash Amount that may be issued on conversion of the Notes.

  • The Trustee shall not be responsible or liable to any person for any failure of the Issuer to deliver any Class A Shares or other shares or share certificates or other securities or any other amounts (including but without limitation any Cash Conversion Amount and/or Alternative Settlement Cash Amount) in respect of any Note or of the Issuer to comply with any of the covenants contained in this Trust Deed.


More Definitions of Alternative Settlement Cash Amount

Alternative Settlement Cash Amount means an amount in US dollars calculated by the Calculation Agent in accordance with the following formula and which shall be payable to a Bondholder upon an exercise of a Conversion Right if an Alternative Settlement Election is applicable to such exercise:NASCA   1 x CSS x Pnn1 Nwhere: ASCA=the Alternative Settlement Cash Amount;CSS=the Cash Settled Shares;Pn=the Volume Weighted Average Price of an Ordinary Share on the nth dealing day of the Alternative Settlement Calculation Period; andN=20, being the number of dealing days in the Alternative Settlement Calculation Period, provided that:
Sample 1
Alternative Settlement Cash Amount means an amount in US dollars calculated by the Calculation Agent in accordance with the following formula (and rounded to the nearest whole multiple of 0.01, with 0.005 rounded upwards) and which shall be payable to a Noteholder upon an exercise of a Conversion Right if an Alternative Settlement Election is applicable to such exercise:where: ASCA = the Alternative Settlement Cash Amount; CSS = the Cash Settled Shares; Pn = the Volume Weighted Average Price of a Class A Share (translated if necessary into US dollars at the Prevailing Rate) on the nth dealing day of the Alternative Settlement Calculation Period; and N = 20, being the number of dealing days in the Alternative Settlement Calculation Period, provided that:
Sample 1

Related to Alternative Settlement Cash Amount

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.