Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.
Cash Settlement Averaging Period means the 20 Trading Day period beginning on the Trading Day following the final Trading Day of the Conversion Retraction Period.
Cash Settlement Averaging Period has the meaning specified in Section 14.14 hereof.
Examples of Cash Settlement Averaging Period in a sentence
The Company shall not issue any fractional share of Common Stock upon exchange of the Notes and shall instead pay cash in lieu of any fractional share of Common Stock issuable upon exchange in an amount based on the Daily VWAP on the last Trading Day of the relevant Cash Settlement Averaging Period.
For each Note surrendered for exchange, if the Company has elected (or is deemed to elect) to deliver Common Stock in respect of some or all of the Net Shares, the full number of shares that shall be issued upon exchange thereof shall be computed on the basis of the aggregate Daily Settlement Amounts for the relevant Cash Settlement Averaging Period and, if applicable, any fractional share remaining after such computation shall be paid in cash.
More Definitions of Cash Settlement Averaging Period
Cash Settlement Averaging Period means, with respect to any Note as to which Cash Settlement or Combination Settlement is applicable, the 45 consecutive Trading Day period beginning on, and including, the second Trading Day immediately following the related Conversion Date; except that “Cash Settlement Averaging Period” means, with respect to any Conversion Date occurring during the Final Conversion Period, the 45 consecutive Trading Day period beginning on, and including, the 46th Scheduled Trading Day immediately preceding the Maturity Date.
Cash Settlement Averaging Period has the meaning set forth in Section 12.13(a).
Cash Settlement Averaging Period with respect to any Security means the 20 consecutive Trading Day period beginning on, and including, the third Trading Day immediately after such Conversion Date, except that “Cash Settlement Averaging Period” means, with respect to any Conversion Date occurring during the period beginning on, and including, August 15, 2014, and ending at close of business on the second Scheduled Trading Day immediately prior to the Final Maturity Date, the 20 consecutive Trading Day period beginning on, and including, the 22nd Scheduled Trading Day prior to the Final Maturity Date.
Cash Settlement Averaging Period with respect to any Security being converted means the 20 consecutive Trading-Day period beginning on and including the second Trading Day after a notice of conversion in respect of such Security is delivered to the Conversion Agent, except that with respect to any notice of conversion received after the date of issuance of a notice of redemption pursuant to Section 3.03, the “Cash Settlement Averaging Period” means the 20 consecutive Trading Days beginning on and including the day which is the twenty-third scheduled Trading Day prior to the applicable redemption date.
Cash Settlement Averaging Period with respect to any Note surrendered for conversion means:
Cash Settlement Averaging Period means, with respect to any Convertible Note as to which cash settlement or combination settlement is applicable, the 30 consecutive trading-day period beginning on, and including, the third trading day immediately following the related conversion date, except that “cash settlement averaging period” means, (1) with respect to any conversion date occurring during the final conversion period, the 30 consecutive trading-day period beginning on, and including, the 32nd scheduled trading day prior to the maturity date, and (2) with respect to any conversion date for Convertible Notes that have been called for redemption occurring on or after the date of our issuance of a redemption notice and prior to the related redemption date, the 30 consecutive trading-day period beginning on, and including, the 32nd scheduled trading day prior to the redemption date.
Cash Settlement Averaging Period means with respect to any Conversion Date occurring during the period beginning on, and including, November 9, 2018 and ending at the close of business on the second Scheduled Trading Day immediately prior to the Maturity Date, the forty consecutive Trading Day period beginning on, and including, the forty-second Scheduled Trading Day prior to the Maturity Date.