Cash Delivery Option definition

Cash Delivery Option has the meaning provided in Section 1.3(d).
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Cash Delivery Option has the meaning set forth in Section 202.
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Examples of Cash Delivery Option in a sentence

  • On the Exchange Date, unless Pledgor shall have exercised its Cash Delivery Option, the Collateral Agent shall deliver to the Trust Common Stock (or, if an Adjustment Event shall have occurred, Reported Securities) then held by it hereunder representing the number of shares of Common Stock (or, if an Adjustment Event shall have occurred, Reported Securities) then required to be delivered under the Forward Contract.

  • Seller may elect the Cash Delivery Option in respect of all, but not less than all, Contract Shares and may do so by notice to Purchaser, the Collateral Agent and the Custodian not less than 25 Business Days prior to the Exchange Date.

  • Seller represents and warrants to Purchaser that Seller and Parent have entered into a preliminary understanding pursuant to which, if Seller elects the Cash Delivery Option and Seller does not have sufficient cash to satisfy its payment obligation under Section 1.3(d) of this Agreement, Parent will provide cash to Seller in an amount at least sufficient to allow Seller to satisfy its payment obligation under Section 1.3(d) of this Agreement.

  • Seller may elect the Cash Delivery Option in respect of all, but not less than all, of the Contract Property, by written notice to Purchaser and the Collateral Agent no later than 30 Business Days prior to the Exchange Date (the "Cash Settlement Notice Date").

  • On the Exchange Date, unless Pledgor shall have exercised its Cash Delivery Option, the Collateral Agent shall deliver to the Trust Common Stock (or, if an Adjustment Event shall have occurred, Reported Securities) then held by it hereunder representing the number of shares of Common Stock (or, if an Adjustment Event shall have occurred, Reported Securities) then required to be delivered under the Purchase Agreement.

  • If Seller elects the Cash Delivery Option and so notifies Purchaser, Seller shall pledge to Purchaser and deliver to the Collateral Agent, no later than the second Business Day following the Cash Settlement Notice Date, additional Collateral consisting of cash in an amount equal to 20% of the product of (i) the Reference Property Value Per SAILS, determined by the Calculation Agent as of the Cash Settlement Notice Date, and (ii) the SAILS Base Amount.

  • Even if this matter ultimately is not resolved in time for the 2018 elections, this matter should proceed promptly to avoid delays resulting in a compression of time for consideration before the 2020 elections.1To avoid delay, Petitioners also request that the Court move the hearing on the Application for a Stay filed by Respondents the General Assembly, Michael C.

  • Seller agrees that, if Seller elects the Cash Delivery Option, the terms of such preliminary understanding shall be finalized and memorialized prior to the Cash Settlement Notice Date.

  • If Counterparty elects the Cash Delivery Option and so notifies the Trust, the Trust shall promptly notify The Depository Trust Company and publish a notice in a daily newspaper of national circulation stating whether the holders of Equity Trust Securities will receive shares of Common Stock or cash (and specifying whether any such cash settlement is being made in connection with a Rollover Offering).

  • At its option, Seller may deliver to Purchaser on the Exchange Date, in lieu of the Contract Shares, an amount in cash equal to, subject to adjustment as provided in Section 6.2, the Exchange Price of the Contract Shares (the "Cash Delivery Option"), paid by wire transfer to an account designated by Purchaser, in Federal (immediately available) funds.

Related to Cash Delivery Option

  • Option Exercise Notice has the meaning provided in Section 3.6 below.

  • Termination Delivery Unit means (a) in the case of a Termination Event, an Event of Default or an Extraordinary Event (other than an Insolvency, Nationalization, Merger Event or Tender Offer), one Share or (b) in the case of an Insolvency, Nationalization, Merger Event or Tender Offer, a unit consisting of the number or amount of each type of property received by a holder of one Share (without consideration of any requirement to pay cash or other consideration in lieu of fractional amounts of any securities) in such Insolvency, Nationalization, Merger Event or Tender Offer. If a Termination Delivery Unit consists of property other than cash or New Shares and Counterparty provides irrevocable written notice to the Calculation Agent on or prior to the Closing Date that it elects to deliver cash, New Shares or a combination thereof (in such proportion as Counterparty designates) in lieu of such other property, the Calculation Agent shall replace such property with cash, New Shares or a combination thereof as components of a Termination Delivery Unit in such amounts, as determined by the Calculation Agent in its discretion by commercially reasonable means, as shall have a value equal to the value of the property so replaced. If such Insolvency, Nationalization, Merger Event or Tender Offer involves a choice of consideration to be received by holders, such holder shall be deemed to have elected to receive the maximum possible amount of cash.

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date. 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.

  • Share Delivery Date shall have the meaning set forth in Section 4(c)(ii).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Put Option Receipt means a receipt issued by a Paying Agent to a depositing Noteholder upon deposit of a Note with such Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Delivery Notice Has the meaning specified in the NPA.

  • option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Warrant Exercise Price means $0.01 per share.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;