Settlement Valuation Period definition

Settlement Valuation Period. A number of Calculation Dates required for Dealer to unwind a commercially reasonable Hedge Position, beginning on the Calculation Date immediately following the earlier of (i) the Scheduled Termination Date or (ii) the Calculation Date immediately following the Termination Date. Dealer shall notify Counterparty of the last Calculation Date of the Settlement Valuation Period on or prior to the Exchange Business Day immediately following such last Calculation Date. Cash Settlement: If Cash Settlement is applicable, then Buyer shall pay to Seller the absolute value of the Forward Cash Settlement Amount on the Cash Settlement Payment Date. Cash Settlement Payment Date: The date one Settlement Cycle following the last day of the Settlement Valuation Period.

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Settlement Valuation Period. A number of Scheduled Trading Days required in order to unwind a commercially reasonable hedge position in a commercially reasonable manner, determined beginning on the Scheduled Trading Day immediately following the Termination Date. Dealer shall notify Counterparty of the last Scheduled Trading Day of the Settlement Valuation Period on or prior to the Exchange Business Day immediately following such last Scheduled Trading Day.

Settlement Valuation Period. A period consisting of a number of consecutive Scheduled Trading Days (each, a “Settlement Averaging Day”) determined by the Calculation Agent in a commercially reasonable manner and notified to the parties on the first day thereof, beginning on the first Scheduled Trading Day following the later of (x) the Settlement Method Election Date and (y) the relevant Valuation Date. Consequences of Settlement: For the avoidance of doubt, upon the date that Buyer satisfies its obligation to (i) deliver the Payment Shares to Seller pursuant to “Physical Settlement” above or (ii) pay the Cash Settlement Amount to Seller pursuant to “Cash Settlement” above, then Buyer shall have no further delivery or payment obligations with respect to the Transaction and the Transaction shall be deemed to have been settled as of such date.

Examples of Settlement Valuation Period in a sentence

Cash Settlement Payment Date: The date one Settlement Cycle following the last day of the Settlement Valuation Period.
Cash Settlement Payment Date: The Exchange Business Day immediately following the last day of the Settlement Valuation Period.
Relevant Dividend Period End Date: For each Transaction, if the Number of Shares to be Delivered for such Transaction is negative, the last day of the Settlement Valuation Period; otherwise, the Termination Date for such Transaction.
The average of the VWAP Prices for the Exchange Business Days in the Settlement Valuation Period, subject to Valuation Disruption as specified in the Master Confirmation.
An amount equal to the average of the VWAP Prices for the Exchange Business Days in the Settlement Valuation Period, subject to Valuation Disruption as specified in the Master Confirmation.
Cash Settlement Payment Date: The later of (x) the Exchange Business Day immediately following the last day of the Settlement Valuation Period and (y) the earlier of the Exchange Business Day immediately following the date of Counterparty’s Settlement Method Election and the Settlement Method Election Date.
The average of the VWAP Prices for the Calculation Dates in the Settlement Valuation Period, subject to Valuation Disruption as specified in the Master Confirmation.
Dealer shall notify Counterparty of the last Calculation Date of the Settlement Valuation Period on or prior to the Exchange Business Day immediately following such last Calculation Date.
Dealer shall notify Counterparty of the last Scheduled Trading Day of the Settlement Valuation Period on or prior to the Exchange Business Day immediately following such last Scheduled Trading Day.
The Settlement Valuation Period shall be considered to be part of the Calculation Period for purposes of the representations, warranties and covenants and other provisions herein as the context requires (but, for the avoidance of doubt, not for purposes of determining the Forward Price).

More Definitions of Settlement Valuation Period

Settlement Valuation Period. A number of Scheduled Trading Days selected by Deutsche in good faith and in a commercially reasonable manner, such number to be approximately equal to the Number of Shares to be Delivered divided by 10% of the ADTV (as defined in Rule 10b-18, and expressed as a number of Shares) for the Shares at the time of determination, beginning on the Scheduled Trading Day immediately following the earlier of (i) the Scheduled Termination Date or (ii) the Exchange Business Day immediately following the Termination Date.

Settlement Valuation Period. A number of Scheduled Trading Days following the end of the applicable Averaging Period during which Seller purchases in a commercially reasonable manner over a commercially reasonable period, a number of shares equal to the absolute value of the Number of Shares to be Delivered. For the avoidance of doubt, if the Number of Shares to be Delivered is negative, there shall be a Settlement Valuation Period hereunder if Counterparty elects Cash Settlement or elects to deliver Restricted Shares in connection with Physical Settlement, but no Settlement Valuation Period if Counterparty elects to deliver Free Shares in connection with Physical Settlement. Settlement Date: If the Number of Shares to be Delivered is positive, the earlier of (i) the date that follows the Valuation Date by one Settlement Cycle and (ii) the first Clearance System Business Day following the Scheduled Valuation Date (as defined in Annex A). If the Number of Shares to be Delivered is negative, and (x) if Counterparty elects to deliver Free Shares, the first Clearance System Business Day following the Valuation Date, or (y) if Counterparty elects to deliver Restricted Shares, the first Clearance System Business Day following the last day of the Settlement Valuation Period.

Settlement Valuation Period. A number of Scheduled Trading Days selected by Citibank N.A. in its reasonable discretion by notice to Counterparty on or prior to the second Schedule Trading Day prior to the last Scheduled Trading Day thereof, beginning on the Scheduled Trading Day immediately following the earlier of (i) the Scheduled Termination Date or (ii) the Exchange Business Day immediately following the Termination Date. Cash Settlement: If Cash Settlement is applicable, then Buyer shall pay to Citibank N.A. the absolute value of the Forward Cash Settlement Amount on the Cash Settlement Payment Date. Cash Settlement Payment Date: The Exchange Business Day immediately following the date of Counterparty’s Settlement Method Election or, if no election is made, the Settlement Method Election Date. Net Share Settlement Procedures: If Net Share Settlement is applicable, Net Share Settlement shall be made in accordance with paragraphs 2 through 7 below.

Settlement Valuation Period. A number of Calculation Dates selected by Dealer in its reasonable discretion based on a commercially reasonable Hedge Position, beginning on the Calculation Date immediately following the Termination Date. Dealer shall notify Counterparty of the last Calculation Date of the Settlement Valuation Period on or prior to the Exchange Business Day immediately following such last Calculation Date.

Settlement Valuation Period. A number of Scheduled Trading Days selected by GS&Co. in its reasonable discretion, beginning on the Scheduled Trading Day immediately following the earlier of (i) the Scheduled Termination Date or (ii) the Exchange Business Day immediately following the Termination Date or, in the case of a Second Settlement, the date of the Friendly Transaction Announcement. Cash Settlement: If Cash Settlement is applicable, then Buyer shall pay to Seller the absolute value of the Forward Cash Settlement Amount on the Cash Settlement Payment Date. Cash Settlement Payment Date: The date one Settlement Cycle following the last day of the Settlement Valuation Period.