Interim Settlement Amount definition

Interim Settlement Amount. With respect to a given Reset Date, means the amount by which the Reference Amount minus $5,000,000 exceeds the product of (x) the Closing Price on such Reset Date and (y) the number of Notional Shares.
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Interim Settlement Amount on any Interim Settlement Date, the product of (a) the number of Underlying Shares, and (b) the amount by which the Forward Price exceeds the closing price of the Paired Shares on the Exchange Trading Day immediately prior to such Interim Settlement Date.
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Interim Settlement Amount the meaning given in paragraph (2) of Article 8; Lloyd’s: the society incorporated by Lloyd’s ▇▇▇ ▇▇▇▇ by the name of Lloyd’s;
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Examples of Interim Settlement Amount in a sentence

  • The Interim Settlement Amount divided by the Closing Price on such Reset Date.

  • The party so required hereunder to make a payment to the other shall pay, within five (5) Business Days following the date on which such payment amount is determined (the "Interim Settlement Date"), one hundred percent (100%) of such amount to be paid, plus interest on the amount so paid at the Interest Rate from and including the Closing Date to but excluding the date of payment (the "Interim Settlement Amount").

  • The Final Purchase Price will be paid as follows: (1) at the Closing, Buyer will pay to Sellers the Estimated Purchase Price, and (2) on each of the Interim Settlement Date and the Settlement Date, Buyer or Sellers, as the case may be, will be entitled to the Interim Settlement Amount and the Purchase Price Adjustment, respectively.

  • In consideration for the Purchased Assets, Buyer will assume the Assumed Liabilities and will pay an amount (the "Purchase Price") equal to the Estimated Purchase Price as subsequently adjusted by the Interim Settlement Amount and the Purchase Price Adjustment.

  • If the restricted Interim Settlement Shares are not the subject of an Effective Resale Registration Statement, the Company shall deliver additional Interim Settlement Shares equal to 50% of the Interim Settlement Amount.

  • If the Company is unable to deliver Interim Settlement Shares in accordance with the preceding sentence, the Company shall deliver "restricted" Interim Settlement Shares that are the subject of a resale registration statement that has been declared effective under the Securities Act by the Commission (an "Effective Resale Registration Statement") in an amount equal to the Interim Settlement Amount.

  • Such monthly reports shall be for informational purposes only and shall not be deemed probative or supportive in any way of either party’s calculation of the MLR, PROVIDER HMO MLR, First or Second Estimated Surplus or Deficit, the Interim Settlement Amount or the Final Settlement.

  • Within 5 Business Days following each Reset Date or Settlement Date, the Companies shall deliver the Interim Settlement Amount in Interim Settlement Shares to PaineWebber or its agent for deposit in a collateral account in the name of the Company at PaineWebber or a custodian or depository designated by PaineWebber (the "Interim Settlement Account").

  • If the Companies are unable to deliver Interim Settlement Shares in accordance with the preceding sentence, the Companies shall deliver "restricted" Interim Settlement Shares that are not the subject of an Effective Registration Statement in an amount equal to the Interim Settlement Amount.

  • If the Companies are unable to deliver Interim Settlement Shares in accordance with the preceding sentence, the Companies shall deliver "restricted" Interim Settlement Shares that are not the subject 43 of an Effective Registration Statement in an amount equal to the Interim Settlement Amount.