Forward Hedge Securities definition
Examples of Forward Hedge Securities in a sentence
For the avoidance of doubt, any such termination shall not affect or impair any party's obligations with respect to any Securities sold hereunder prior to the occurrence thereof or any Securities sold under any Alternative Distribution Agreement (including, in the case of any Forward Hedge Securities or Warrant Hedge Securities, the obligation to enter into the resulting Forward Contract or Warrant Contract).
Unless otherwise specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable), settlement for sales of Forward Hedge Securities will occur on the first (1st) Trading Day following the date on which such sales are made (each, a “Forward Hedge Settlement Date”).
The termination of the effectiveness of a Placement Notice as set forth in the prior sentence shall not affect or impair any party’s obligations with respect to any Securities sold hereunder prior to such termination or any Securities sold under any Alternative Equity Distribution Agreement (including, in the case of any Forward Hedge Securities or Warrant Hedge Securities, the obligation to enter into the resulting Forward Contract or Warrant Contract).
Unless otherwise specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable), settlement for sales of Forward Hedge Securities or Warrant Hedge Securities, as applicable, will occur on the first (1st) Trading Day following the date on which such sales are made (each, a “Forward Hedge Settlement Date” or a “Warrant Hedge Settlement Date”, as applicable).
The termination of the effectiveness of a Placement Notice as set forth in the prior sentence shall not affect or impair any party’s obligations with respect to any Securities sold hereunder prior to such termination or any Securities sold under any Alternative Equity Distribution Agreement (including, in the case of any Forward Hedge Securities, the obligation to enter into the resulting Forward Contract).
Notwithstanding anything to the contrary contained herein, the obligation to enter into any Forward Contract pursuant to Section 3(c) hereof or Warrant Contract pursuant to the Separate Equity Distribution Agreement by and among the Company, the Operating Partnership and [•] as a result of sales of Forward Hedge Securities or Warrant Hedge Securities occurring prior to such termination shall survive such termination and remain in full force and effect.
Notwithstanding anything to the contrary contained herein, the obligation to enter into any Forward Contract pursuant to Section 3(c) hereof or Warrant Contract as a result of sales of Forward Hedge Securities or Warrant Hedge Securities occurring prior to such termination shall survive such termination and remain in full force and effect.