Minimum Share Delivery definition

Minimum Share Delivery. Party A shall deliver a number of Shares equal to the difference between (i) the Minimum Shares minus (ii) the number of the Initial Shares on the Minimum Share Delivery Date in accordance with Section 9.4 of the Equity Definitions, with the Minimum Share Delivery Date being deemed to be a “Settlement Date” for purpose of such Section 9.4. Minimum Share Delivery Date: Three Scheduled Trading Days following the Hedge Period End Date Maximum Shares: As specified in Schedule A. Method of Adjustment: Calculation Agent Adjustment

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Minimum Share Delivery. Seller shall deliver a number of Shares equal to the excess, if any, of the Minimum Shares over the Initial Shares on the Minimum Share Delivery Date in accordance with Section 9.4 of the Equity Definitions, with such Minimum Share Delivery Date deemed to be a “Settlement Date” for purposes of such Section 9.4. Minimum Share Delivery Date: Three Exchange Business Days after the Hedge Completion Date, or if such date is not a Clearance System Business Day or if there is a Settlement Disruption Event on such day, the immediately succeeding Clearance System Business Day on which there is no Settlement Disruption Event.

Examples of Minimum Share Delivery in a sentence

The Number of Shares to be Delivered on the Settlement Date shall be reduced, but not below zero, by any Shares delivered pursuant to the Minimum Share Delivery described below.
The Number of Shares to be Delivered on the Settlement Date shall be reduced, but not below zero, by any Shares delivered pursuant to the Initial Share Delivery and the Minimum Share Delivery described below.
Minimum Share Delivery: GS&Co. shall deliver a number of Shares equal to the excess, if any, of the Minimum Shares over the Initial Shares on the Minimum Share Delivery Date in accordance with Section 9.4 of the Equity Definitions, with the Minimum Share Delivery Date deemed to be a "Settlement Date" for purposes of such Section 9.4. Minimum Share Delivery Date: The date one Settlement Cycle immediately following the Hedge Completion Date.
The Number of Shares to be Delivered on the Settlement Date shall be reduced, but not below zero, by any Shares delivered pursuant to the Initial Share Delivery and the Minimum Share Delivery described below, subject to the provisions of Section 9 of this Master Confirmation.
Initial Shares: 1,500,000 Shares Minimum Share Delivery: On the Minimum Share Delivery Date, BofA shall deliver to Counterparty a number of Shares equal to (a) the Minimum Shares minus (b) the number of Initial Shares; provided that, if such difference is less than zero, no Shares shall be delivered on the Minimum Share Delivery Date.
Number of Shares to be Delivered: A number of Shares equal to the difference between (i) the Share Amount minus (ii) the number of Shares previously delivered pursuant to Initial Share Delivery and Minimum Share Delivery; provided that a number of Shares less than a whole number shall be rounded upward.
For the avoidance of doubt, the Party B shall not be required to make any additional cash payments (other than the Prepayment Amount) or deliver or return any Shares pursuant to the terms of the Transaction (including, without limitation, any Shares delivered on the Initial Share Delivery Date or the Minimum Share Delivery Date) under any circumstances.
For the avoidance of doubt, the Party B shall not be required to make any additional cash payments (other than the Prepayment Amount) or deliver or return any Shares pursuant to the terms of the Transaction (including, without limitation, any Shares delivered on the Initial Share Delivery Date or the Minimum Share Delivery Date).
Number of Shares to be Delivered: A number of Shares equal to (a) the Prepayment Amount divided by (b) the Settlement Price; provided that the Number of Shares to be Delivered as so determined shall be reduced by the aggregate number of Shares delivered on the Initial Share Delivery Date and the Minimum Share Delivery Date, if any.

More Definitions of Minimum Share Delivery

Minimum Share Delivery. For each Transaction, JPMorgan shall deliver a number of Shares equal to the excess, if any, of the Minimum Shares over the Initial Shares on the Minimum Share Delivery Date for such Transaction in accordance with Section 9.4 of the Equity Definitions, with such Minimum Share Delivery Date deemed to be a “Settlement Date” for purposes of such Section 9.4. Minimum Share Delivery Date: For each Transaction, the date one Settlement Cycle immediately following the Hedge Completion Date for such Transaction. Minimum Shares: For each Transaction, as set forth in the related Supplemental Confirmation. Minimum Share Threshold: For each Transaction, as set forth in the related Supplemental Confirmation.

Minimum Share Delivery. BNPP shall deliver a number of shares equal to the excess, if any, of the Minimum Shares over the Initial Shares on the Minimum Share Delivery Date in accordance with Section 9.4 of the Equity Definitions, with the Minimum Share Delivery Date deemed to be a "Settlement Date" for purposes of such Section 9.

Minimum Share Delivery. Barclays shall deliver a number of Shares equal to the difference between (i) Minimum Shares minus (ii) the number of the Initial Shares on the Minimum Share Delivery Date in accordance with Section 9.4 of the Equity Definitions, with the Minimum Share Delivery Date deemed to be a “Settlement Date” for purposes of such Section 9.4. Minimum Share Delivery Date: Three (3) Exchange Business Days following the Hedge Completion Date.

Minimum Share Delivery. Dealer shall deliver a number of Shares equal to the Minimum Shares on the Minimum Share Delivery Date in accordance with Section 9.4 of the Equity Definitions, with the Minimum Share Delivery Date deemed to be a “Settlement Date” for purposes of such Section 9.4. Minimum Share Delivery Date: The date one Settlement Cycle immediately following the Hedge Completion Date. Minimum Shares: For each Transaction, as set forth in the related Supplemental Confirmation. Share Adjustments: Potential Adjustment Event: Notwithstanding anything to the contrary in Section 11.2(e) of the Equity Definitions, neither (i) an Extraordinary Dividend nor (ii) repurchases effected in accordance with Section 7 below shall constitute Potential Adjustment Events. It shall constitute an additional Potential Adjustment Event if the Scheduled Termination Date for any Transaction is postponed pursuant to “Valuation Disruption” above, in which case the Calculation Agent may, in its commercially reasonable discretion, adjust any relevant terms of any such Transaction as appropriate to account for the economic effect on the Transaction of such postponement. Extraordinary Dividend: For any calendar quarter, any dividend or distribution on the Shares with an ex-dividend date occurring during such calendar quarter (other than any dividend or distribution of the type described in Section 11.2(e)(i) or Section 11.2(e)(ii)(A) of the Equity Definitions) (a “Dividend”) the amount or value of which (as determined by the Calculation Agent), when aggregated with the amount or value (as determined by the Calculation Agent) of any and all previous Dividends with ex-dividend dates occurring in the same calendar quarter, exceeds the Ordinary Dividend Amount. Ordinary Dividend Amount: For each Transaction, as set forth in the related Supplemental Confirmation. Method of Adjustment: Calculation Agent Adjustment Early Ordinary Dividend Payment: If an ex-dividend date for any Dividend that is not an Extraordinary Dividend occurs during any calendar quarter occurring (in whole or in part) during the Relevant Period (as defined below) and is prior to the Scheduled Ex-Dividend Date for such calendar quarter, the Calculation Agent shall make such commercially reasonable adjustments to the exercise, settlement, payment or any other terms of the relevant Transaction as the Calculation Agent determines in its good faith discretion to be appropriate to account for the economic effect on the Transaction of such eve...