Stock Settlement Shares definition

Stock Settlement Shares means such whole number of shares included in the Stock Settlement Amount.
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Examples of Stock Settlement Shares in a sentence

  • The Final Stock Settlement Shares and any other shares of Common Stock made as payment by the Company to the Dealer pursuant to Section 1(d) shall be delivered by the Company in shares of Common Stock the resale of which may be unregistered or registered under the Securities Act (in the Company’s sole discretion).

  • Upon receipt of the Preliminary Stock Settlement Shares, UBS will cause UBS LLC to deposit the Settlement Shares in the Company's Customer Account.

  • For the purposes of Rule 144, Clean Coal represents, warrants and agrees that for the purposes of Rule 144, the holding period of the Common Stock Settlement Shares will include the Holder’s prior holding period of the Notes, which commenced on November 25, 2015, in respect of the Series A Note, the Series B Note and the Series C Note and on September 14, 2016, in respect of the Series D Note.

  • If the Company elects to settle the Settlement Amount by delivering Paired Shares in exchange for the Settlement Shares ("Stock Settlement"), the number of Paired Shares to be delivered (the "Stock Settlement Shares") shall be equal to (a) the Settlement Amount divided by (b) the Stock Settlement Unwind Price.

  • Upon delivery of the Preliminary Stock Settlement Shares to the Customer Account, the Purchaser will deliver the Settlement Shares to the Customer Account.

  • The Cash Settlement Amount and any interest earned thereon and the Stock Settlement Shares, and any proceeds from the sale of any such shares, shall be the “Gross Settlement Fund.” b.

  • Application of Structure Plan and further information This structure plan relates directly to the site identified on the attached maps.

  • Any shares so sold shall be considered to be Stock Settlement Shares, Net Stock Settlement Shares or Interim Settlement Shares, as the case may be, delivered to the Purchaser in satisfaction of the Companies' obligations under Section III.C., Section III.D. or Section IV., as the case may be.

  • Net Stock Settlement Shares: With respect to a Settlement Date, the absolute value of the Cash Settlement Amount divided by the Unwind Purchase Price, with the number of Shares rounded up in the event such calculation results in a fractional number.

  • If the Companies elect to settle the Settlement Amount by delivering Paired Shares in exchange for the Settlement Shares ("Stock Settlement"), the number of Paired Shares to be delivered (the "Stock Settlement Shares") shall be equal to (i) the Settlement Amount divided by (ii) the Stock Settlement Unwind Price.

Related to Stock Settlement Shares

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.

  • 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.

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

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • DWAC Shares means shares of Common Stock that are (i) issued in electronic form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified Deposit/Withdrawal at Custodian (DWAC) account with DTC under its Fast Automated Securities Transfer (FAST) Program, or any similar program hereafter adopted by DTC performing substantially the same function.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

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

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Net Share Settled in relation to any Warrant means that Net Share Settlement is applicable to that Warrant.

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Buyer Stock means the common stock, par value $0.0001 per share, of Buyer.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Share Settled in relation to any Option means that Net Share Settlement or Combination Settlement is applicable to that Option.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.