Cash Settlement Averaging Period definition

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.

Cash Settlement Averaging Period means, with respect to any Securities, the 20 consecutive Trading-Day period beginning on and including the second Trading Day after a Holder delivers a conversion notice to the Conversion Agent.

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.

Examples of Cash Settlement Averaging Period in a sentence

• For any Exercise Date, the date one Settlement Cycle following the final day of the relevant Cash Settlement Averaging Period; provided that the Settlement Date shall not be prior to the Exchange Business Day immediately following the date Counterparty provides the Notice of Delivery Obligation prior to 5:00 P.M., New York City time.

• For any Exercise Date, the date one Settlement Cycle following the final day of the Cash Settlement Averaging Period.

• Settlement (in cash and/or shares) will occur on the Business Day following the final day of such Cash Settlement Averaging Period.

• For any Exercise Date, the date one Settlement Cycle following the final day of the Cash Settlement Averaging Period; provided that the Settlement Date shall not be prior to the Exchange Business Day immediately following the date Counterparty provides the Notice of Delivery Obligation prior to 5:00 P.M., New York City time.

• If the Holder has not retracted the conversion notice during the Conversion Retraction Period, then Cash Settlement or Combined Settlement will occur on the first Trading Day following the Cash Settlement Averaging Period.

More Definitions of Cash Settlement Averaging Period

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 has the meaning specified in Section 14.03(a).

Cash Settlement Averaging Period has the meaning specified in Section 15.03(a).

Cash Settlement Averaging Period with respect to any Note means:

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 means the 10 Trading Day period beginning on the third Trading Day after the delivery of the conversion notice pursuant to Section 12.1.