Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 41 contracts
Sources: Confirmation (American Water Works Company, Inc.), Confirmation (American Water Works Company, Inc.), Confirmation (American Water Works Company, Inc.)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 11 contracts
Sources: Confirmation Agreement (New Jersey Resources Corp), Confirmation (New Jersey Resources Corp), Confirmation (New Jersey Resources Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150200% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 10 contracts
Sources: Base Registered Forward Transaction (American Electric Power Co Inc), Base Registered Forward Transaction (American Electric Power Co Inc), Confirmation (Idacorp Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate (the “Forward Shares”).
Appears in 8 contracts
Sources: Forward Confirmation (ONE Gas, Inc.), Forward Confirmation (Pinnacle West Capital Corp), Forward Confirmation (Pinnacle West Capital Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.5 times the initial Initial Base Amount to Party AAmount, subject to reduction by the amount number of any Shares delivered by Party B on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Confirmation and the Equity Definitions.
Appears in 8 contracts
Sources: Atm Equity Offering Sales Agreement (Acadia Realty Trust), Confirmation of Transaction (Acadia Realty Trust), Confirmation of Transaction (Acadia Realty Trust)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver in settlement of this Transaction on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Termination Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.
Appears in 7 contracts
Sources: Confirmation of Additional Forward Stock Sale Transaction (Westar Energy Inc /Ks), Confirmation of Additional Forward Stock Sale Transaction (Westar Energy Inc /Ks), Confirmation of Forward Stock Sale Transaction (Westar Energy Inc /Ks)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.5 times the initial Initial Base Amount to Party AAmount, subject to reduction by the amount number of any Shares delivered by Party B on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Confirmation and the 2002 Definitions.
Appears in 6 contracts
Sources: Atm Equity Offering Sales Agreement (Gaming & Leisure Properties, Inc.), Sales Agency Agreement (Community Healthcare Trust Inc), Atm Equity Offering Sales Agreement (Acadia Realty Trust)
Maximum Share Delivery. Notwithstanding any other provision of this ConfirmationConfirmation to the contrary, in no event will shall Party B be required to deliver on any Settlement Dateto Party A in respect of the Transaction, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or Settlement, any Private Placement SettlementSettlement or otherwise, more than a an aggregate number of Shares equal to 150in excess of 175% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateAmount.
Appears in 6 contracts
Sources: Confirmation (Centerpoint Energy Inc), Confirmation (Centerpoint Energy Inc), Confirmation (Centerpoint Energy Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75, multiplied by the initial Base Amount to Party A, subject to reduction by the amount aggregate number of any Shares Shares, if any, delivered by Party B on any prior Settlement Date.
Appears in 4 contracts
Sources: Confirmation (PPL Corp), Confirmation (PPL Corp), Confirmation (PPL Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 25,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 4 contracts
Sources: Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of __________ Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.
Appears in 3 contracts
Sources: Underwriting Agreement (American Capital Strategies LTD), Underwriting Agreement (American Capital Strategies LTD), Underwriting Agreement (American Capital Strategies LTD)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 50,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 3 contracts
Sources: Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD), Confirmation (American Capital Strategies LTD)
Maximum Share Delivery. Notwithstanding any other provision of this Master Forward Confirmation or any Supplemental Confirmation, in no event will Party B be required to deliver on any Settlement DateDate for any Transaction hereunder, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount Forward Shares for such Transaction to Party A, subject to reduction by A. The “Forward Shares” for any Transaction shall be as set forth in the amount of any Shares delivered by Party B on any prior Settlement DateSupplemental Confirmation for such Transaction.
Appears in 3 contracts
Sources: Equity Distribution Agreement (Pinnacle West Capital Corp), Equity Distribution Agreement (Centerpoint Energy Inc), Equity Distribution Agreement (ONE Gas, Inc.)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver to Party A on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% greater than ten times the Base Amount as of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Trade Date.
Appears in 3 contracts
Sources: Confirmation (Developers Diversified Realty Corp), Confirmation (Developers Diversified Realty Corp), Confirmation (Developers Diversified Realty Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver in settlement of this Transaction on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.50 multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B in settlement of this Transaction on any prior Settlement Date.
Appears in 2 contracts
Sources: Confirmation (Black Hills Corp /Sd/), Underwriting Agreement (Black Hills Corp /Sd/)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 9 million Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 2 contracts
Sources: Confirmation (Nationwide Health Properties Inc), Confirmation (Nationwide Health Properties Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 4,500,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.
Appears in 2 contracts
Sources: Confirmation of Forward Stock Sale Transaction (Beckman Coulter Inc), Confirmation of Forward Stock Sale Transaction (Beckman Coulter Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Settlement or Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.
Appears in 2 contracts
Sources: Confirmation of Forward Stock Sale Transaction (E Trade Financial Corp), Confirmation of Forward Stock Sale Transaction (E Trade Financial Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75 times the initial Base Amount to Party AA (the “Maximum Share Number”), subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 2 contracts
Sources: Underwriting Agreement (Hawaiian Electric Industries Inc), Confirmation (Hawaiian Electric Industries Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 2,320,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 2 contracts
Sources: Confirmation (American Water Works Company, Inc.), Confirmation (American Water Works Company, Inc.)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 6,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 2 contracts
Sources: Confirmation (Medical Properties Trust Inc), Confirmation (Medical Properties Trust Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Master Confirmation, in no event will Party B be required to deliver on any Settlement DateDate of any Transaction, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlementotherwise, more than a the number of Base Shares equal to 150% of the initial Base Amount such Transaction to Party A, subject to reduction by the amount aggregate number of any Shares delivered by Party B in respect of such Transaction on any all prior Settlement DateDates of such Transaction.
Appears in 2 contracts
Sources: Master Confirmation for Forward Stock Sale Transactions (Westar Energy Inc /Ks), Master Confirmation for Forward Stock Sale Transactions (Westar Energy Inc /Ks)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 8,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 2 contracts
Sources: Confirmation (Regency Centers Corp), Confirmation (Regency Centers Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Termination Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount aggregate number of any Shares delivered by Party B on any all prior Settlement DateDates.
Appears in 2 contracts
Sources: Confirmation of Forward Stock Sale Transaction (Westar Energy Inc /Ks), Confirmation of Forward Stock Sale Transaction (Aqua America Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 5,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation (Regency Centers Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 10,580,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation (Vectren Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.
Appears in 1 contract
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 750,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation (Regency Centers Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a 2,400,000 Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 222,990 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.
Appears in 1 contract
Sources: Confirmation of Additional Forward Stock Sale Transaction (Beckman Coulter Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Net Stock Settlement, more than a number the Base Amount of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.
Appears in 1 contract
Sources: Confirmation of Forward Stock Sale Transaction (Pantry Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.50 multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation (Black Hills Corp /Sd/)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number 8,600,000 Shares (the “Maximum Number of Shares equal to 150% of the initial Base Amount Shares”) to Party AA in the aggregate, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate and to adjustment pursuant to the terms of this Confirmation and the 2002 Definitions in connection with a stock split.
Appears in 1 contract
Sources: Confirmation (American Equity Investment Life Holding Co)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 10,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a [ ](1) Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Underwriting Agreement (Corporate Office Properties Trust)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement or Net Stock Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% in excess of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.
Appears in 1 contract
Sources: Confirmation of Forward Stock Sale Transaction (Cedar Shopping Centers Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, Settlement more than a number of Shares equal to 150% of 1.25 times the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Registered Forward Transaction (South Jersey Industries Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Stock Settlement or any Private Placement Termination Settlement, more than a number of 1,885,726 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75, multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Underwriting Agreement (Scana Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of two times the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation (Nextera Energy Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 6,200,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation (Regency Centers Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 8,333,335 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Underwriting Agreement (American Capital Strategies LTD)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 40,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number 2,580,000 Shares (the “Maximum Number of Shares equal to 150% of the initial Base Amount Shares”) to Party AA in the aggregate, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate and to adjustment pursuant to the terms of this Confirmation and the 2002 Definitions in connection with a stock split.
Appears in 1 contract
Sources: Confirmation (American Equity Investment Life Holding Co)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 222,988 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.
Appears in 1 contract
Sources: Confirmation of Additional Forward Stock Sale Transaction (Beckman Coulter Inc)
Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.Date (the “Forward Shares”).5
Appears in 1 contract
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 100,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation (WPS Resources Corp)
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a 16,000,000 Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Stock Settlement or any Private Placement Termination Settlement, more than a number of 45,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.
Appears in 1 contract
Sources: Confirmation of Forward Stock Sale Transaction (Southern Union Co)