Scheduled Settlement Date Clause Samples

Scheduled Settlement Date. Subject to Sections 6(b), (d) and (e) below, each Vested Unit will be settled by the delivery of one (1) share of Stock to the Participant (or in the event of the Participant’s death, to the Participant’s estate or designated beneficiary) ninety (90) days following July 19, 2008.
View SourceView Similar (4)
Scheduled Settlement Date. Subject to Section 6, each Vested Unit will be settled by the delivery of one (1) share of Stock to the Director (or in the event of the Director’s death, to the Director’s estate or designated beneficiary) within seventy-five (75) days following the third anniversary of the Grant Date, and in no event shall settlement occur after March 15th of the year following the year in which the Vesting Date occurs.
View SourceView Similar (3)
Scheduled Settlement Date. Each Vested Unit will be settled by the delivery of one (1) share of Stock to the Director (or in the event of the Director’s death, to the Director’s estate or designated beneficiary) within seventy-five (75) days following the date on which the Units have become Vested Units under Section 2(a); and in no event later than March 15th of the year following the year in which the Vesting Date occurs.
View Source
Scheduled Settlement Date. If the Class A Facility Termination Date is determined in accordance with subsection (II) of the definition thereof, the Class A Facility Termination Date will result in immediate acceleration of the Class A Notes pursuant to Section 5.2 hereof. If the Class A Facility Termination Date is determined in accordance with subsection (III) of the definition thereof, the outstanding principal balance of the Class A Notes and all accrued and unpaid interest thereon will be amortized and shall be payable in full by the third Settlement Date following the relevant anniversary of the Class A Closing Date. Subject to the prior payment in full of the Class A Notes and any outstanding amounts due and owing to the Class A Note Purchaser and the Class A Noteholders under the Basic Documents, the outstanding principal amount of the Class B Notes and all accrued and unpaid interest thereon shall be payable in full on the Class B Facility Termination Date and otherwise as provided in Section 3.1, the form of Class B Note attached as Exhibit A-2, the Sale and Servicing Agreement and the other Basic Documents. The Issuer may, at its option, prepay the applicable Invested Amount of any class of Notes, in whole or in part, at any time on any Business Day (such day the "Prepayment Date") in accordance with this Section 10.1 and Section 10.2; provided that no such prepayment may occur in connection with the closing of a Securitization Transaction unless all proceeds from such Securitization Transaction, net of any placement and/or underwriting fees, any premiums due to the related financial guaranty insurers and any required account deposits, are deposited into the Collection Account on the related Securitization Closing Date and the Pledged Subordinate Securities, if any, are delivered to the Trustee pursuant to Section 3.3(c) of the Sale and Servicing Agreement on the related Securitization Closing Date; provided further, that no such prepayment may occur (i) unless and until all amounts due and payable in respect of clauses (i) through (v) of Section 5.7(a) of the Sale and Servicing Agreement have been paid in full irrespective of whether Available Funds are sufficient for this purpose or (ii) if, after giving effect to such prepayment and the release of any related Collateral, a Class A Borrowing Base Deficiency shall exist. Simultaneous with any such prepayment, the Issuer shall pay all accrued and unpaid interest on the applicable Invested Amount to be prepaid and all other...
View Source

Related to Scheduled Settlement Date

  • Settlement Date For any Option, the second Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.

  • Gross Settlement Amount Except as otherwise provided by Paragraph 8 below, Defendant promises to pay $1,110,000.00 as the Gross Settlement Amount. Defendant will separately pay the employer's share of payroll taxes on the Wage Portion of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount prior to the deadline stated in Paragraph 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • Date of Settlement All offers of Certificated Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company will be settled on a date (the “Settlement Date”) which is the third business day after the date of acceptance of such offer, unless the Company and the purchaser(s) agree to settlement (a) on another business day after the acceptance of such offer or (b) with respect to an offer accepted by the Company prior to 10:00 a.m., New York City time, on the date of such acceptance.

  • Actual Settlement Date Accounting With respect to any sale or purchase transaction that is not posted to the Account on the contractual settlement date as referred to in Section 2.5, Bank shall post the transaction on the date on which the cash or Financial Assets received as consideration for the transaction is actually received by Bank.

  • Staggered Settlement If upon advice of counsel with respect to applicable legal and regulatory requirements, including any requirements relating to Dealer’s commercially reasonable hedging activities hereunder, Dealer reasonably determines that it would not be practicable or advisable to deliver, or to acquire Shares to deliver, any or all of the Shares to be delivered by Dealer on any Settlement Date for the Transaction, Dealer may, by notice to Counterparty on or prior to any Settlement Date (a “Nominal Settlement Date”), elect to deliver the Shares on two or more dates (each, a “Staggered Settlement Date”) as follows: (i) in such notice, Dealer will specify to Counterparty the related Staggered Settlement Dates (each of which will be on or prior to such Nominal Settlement Date) and the number of Shares that it will deliver on each Staggered Settlement Date; (ii) the aggregate number of Shares that Dealer will deliver to Counterparty hereunder on all such Staggered Settlement Dates will equal the number of Shares that Dealer would otherwise be required to deliver on such Nominal Settlement Date; and (iii) if the Net Share Settlement terms or the Combination Settlement terms set forth above were to apply on the Nominal Settlement Date, then the Net Share Settlement terms or the Combination Settlement terms, as the case may be, will apply on each Staggered Settlement Date, except that the Shares otherwise deliverable on such Nominal Settlement Date will be allocated among such Staggered Settlement Dates as specified by Dealer in the notice referred to in clause (i) above.