Maximum Settlement Rate definition
Maximum Settlement Rate has the meaning set forth in Section 5.01(a)(iii).
Maximum Settlement Rate has the meaning set forth under Section 4.01(b)(iii), subject to adjustment pursuant to the terms of Article V.
Maximum Settlement Rate means 0.7058; provided, however, that the Maximum Settlement Rate shall be subject to adjustment pursuant to Section 5.4.
Examples of Maximum Settlement Rate in a sentence
The Company shall at all times reserve and keep available out of its authorized but unissued Common Shares, solely for issuance upon settlement of the Purchase Contracts, the number of Common Shares that would be issuable upon the settlement of all Outstanding Purchase Contracts (whether or not included in a Unit), assuming settlement at the Maximum Settlement Rate.
More Definitions of Maximum Settlement Rate
Maximum Settlement Rate means 0.6579, which is approximately equal to $25 divided by the Reference Price, as adjusted from time to time pursuant to Section 5.04.
Maximum Settlement Rate means initially 2.2826 shares of Common Stock, subject to adjustment as provided in Section 5.11, rounded upward or downward to the nearest 1/10,000th of a share. Whenever this Agreement refers to the Maximum Settlement Rate as of a particular date without setting forth a particular time on such date, such reference shall be deemed to be to the Maximum Settlement Rate immediately after the close of business on such date.
Maximum Settlement Rate has the meaning set forth in Section 5.01(a)(iii). “Merger Common Stock” has the meaning set forth in Section 5.05(b)(i). “Merger Valuation Percentage” means, with respect to any Reorganization Event: (i) if the Merger Common Stock is listed, quoted or traded on any securities exchange or quotation system during the Merger Valuation Period, a percentage equal to (x) the arithmetic average of the Closing Prices of one share of such Merger Common Stock over the relevant Merger Valuation Period (determined as if references to
Maximum Settlement Rate means 8.6207, subject to adjustment as provided herein.
Maximum Settlement Rate. 1.3419 shares of Common Stock (subject to adjustment as described in the Preliminary Prospectus Supplement). Purchase Contract Settlement Date: February 15, 2029 (or if such day is not a business day, the following business day). 2034 RSNs Maturity Date: February 15, 2034, subject to PPL Capital Funding, Inc.’s right of redemption following a failed final remarketing as described in the Preliminary Prospectus Supplement. 2039 RSNs Maturity Date: February 15, 2039, subject to PPL Capital Funding, Inc.’s right of redemption following a failed final remarketing as described in the Preliminary Prospectus Supplement. Joint Book-Running Managers: ▇.▇. ▇▇▇▇▇▇ Securities LLC BofA Securities, Inc. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC RBC Capital Markets, LLC CIBC World Markets Corp. PNC Capital Markets LLC Truist Securities, Inc.