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 Xxx 0000 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 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 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.

  • 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 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.

  • The Interim Settlement Amount divided by the Closing Price on the relevant Reset Date or Settlement Date, as the case may be.

Related to Interim Settlement Amount

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Amount means, in respect of every Board Lot, an amount calculated by the Issuer in accordance with the following formula (and, if appropriate, either (I) converted (if applicable) into the Settlement Currency at the Exchange Rate or, as the case may be, (II) converted into the Interim Currency at the First Exchange Rate and then (if applicable) converted into Settlement Currency at the Second Exchange Rate):

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • 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.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Mandatory Settlement Date means the earliest of:

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

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

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

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

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998 by the state and leading United States tobacco product manufacturers;

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • Individual Settlement Payment means the amount payable from the Net