for Settlement definition

for Settlement. For each offer solicited by an Agent that is accepted by the Issuer, the Agent who presented the offer (the "Presenting Agent") shall communicate to the Issuer's Treasury Department by telephone, facsimile transmission or other acceptable means the following information (the "Purchase Information"): 1. Exact name in which the Note or Notes are to be registered (the "Registered Owner"). 2. Exact address of the Registered Owner. 3. Taxpayer identification number of the Registered Owner.
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for Settlement. With regard to Shares sold by the Company through the Agent, on any day, the Agent will advise the Company by telephone of the following key details of any transactions that take place by the end of such day: 1. The number of Shares sold. 2. The prices at which Shares were sold. 3. The commissions payable to the Agent by the Company. 4. Other applicable charges, such as transfer taxes and fees of the Commission. 5. The net proceeds payable to the Company. 6. The Settlement Date or Dates. The Agent will confirm the foregoing key details by facsimile transmission within one Business Day after the Trade Date (See Part V below). After receiving the key details by facsimile transmission or e-mail from the Agent, the Company will promptly notify the Transfer Agent in writing of the number of Shares sold and instruct the Transfer Agent, on the Settlement Date, to accept the DWAC transaction for the settlement of the Shares sold. On the Settlement Date, the following events will take place: 1. Within the Company’s brokerage account at the Agent, a trade will settle representing the Shares sold and the net proceeds payable to the Company. 2. The Agent will initiate a DWAC transaction to credit the Shares sold to its DTC participant account. 3. The Transfer Agent will subsequently accept the DWAC transaction for the appropriate number of such Shares, per written instructions from the Company as noted above. 4. Simultaneously with the Shares being credited to the Agent’s DTC participant account, the Agent will release from the Company’s brokerage account at the Agent the net proceeds from the sale of the Shares. 5. The Agent will wire transfer the net proceeds as the Company may direct. The Company will notify the NYSE quarterly of the number of outstanding shares and give the NYSE any other notice of the issue of Shares as may be required by the NYSE.
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Examples of for Settlement in a sentence

  • This is not meant to interfere with any independent Proposal for Settlement from an insured when such a proposal is made outside Citizens’ contractual obligations to the insured and for which Citizens is not responsible.

  • Purchaser may extend the date for Settlement to the extent necessary for Seller to comply with this Paragraph but not longer than 60 days.

  • The Firm shall immediately notify Citizens of the receipt of a Proposal for Settlement and submit a copy of the Proposal for Settlement in a timely manner.

  • The Firm shall not serve a Proposal for Settlement on behalf of Citizens or its insured without prior approval from Citizens.

  • The Firm shall consult with Citizens, and the insured in Third Party Matters, and obtain approval prior to any acceptance or rejection of a Proposal for Settlement.

  • All orders accepted by the Company will be settled within one to three Business Days pursuant to the timetable for Settlement set forth below, unless the Company and the purchaser agree to Settlement on a later date, and shall be specified upon acceptance of such offer; provided, however, in all cases the Company will notify the Trustee on the date issuance instructions are given.

  • Buyer may extend the date for Settlement to the extent necessary for Seller to comply with this paragraph.

  • The Firm shall not serve a Proposal for Settlement or make any offer to settle on behalf of Citizens without prior approval from the Citizens Legal Management Team.

  • The Notice shall explain the procedure for Settlement Class Members to exclude themselves or “opt-out” of the Settlement by submitting a Request for Exclusion to the Settlement Administrator postmarked no later than sixty (60) days after the Notice Deadline.

  • Purchaser may extend the date for Settlement to the extent necessary for Seller to comply with this paragraph.

Related to for Settlement

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

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

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