Examples of Daily Settlement Amount in a sentence

For the avoidance of doubt, the Trustee and the Conversion Agent shall rely conclusively on the calculations and information provided to them by the Company as to Daily VWAP, Trading Price, Daily Conversion Value, Daily Settlement Amount and Last Reported Sale Price.

More Definitions of Daily Settlement Amount

Daily Settlement Amount for each of the forty consecutive Trading Days during the Cash Settlement Averaging Period, shall consist of:

Daily Settlement Amount has the meaning specified in Section 4.03(a)(6) hereof.

Daily Settlement Amount means the amount payable to or by a Member Firm in relation to each Daily Cash Settlement;

Daily Settlement Amount for each Trading Day during the Observation Period, shall consist of:

Daily Settlement Amount means, with respect to each of the 40 consecutive VWAP Trading Days during an Observation Period for a conversion of Notes, (i) cash equal to the lesser of (x) the Specified Dollar Amount applicable to such conversion, divided by forty (40) (such quotient, the “Daily Measurement Value”); and (y) the Daily Conversion Value on such VWAP Trading Day (the lesser of such preceding clauses (x) and (y), the “Daily Cash Amount”); and (ii) if such Daily Conversion Value exceeds such Daily Measurement Value, a number of shares of Common Stock (such number, the “Daily Share Amount”) equal to (x) the difference between such Daily Conversion Value and such Daily Measurement Value, divided by (y) the Daily VWAP for such VWAP Trading Day.

Daily Settlement Amount for each of the 20 consecutive Trading Days during a Cash Settlement Averaging Period shall consist of: (A) cash equal to the lesser of $50 and the Daily Conversion Value; and (B) to the extent the Daily Conversion Value exceeds $50, a number of shares equal to (A) the difference between the Daily Conversion Value and $50, divided by (B) the Closing Sale Price of Common Stock for such day.

Daily Settlement Amount has the meaning specified in Section 6.03(b)