Common use of Settlement Method Election Date Clause in Contracts

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 3 contracts

Sources: Issuer Forward Transaction (Consolidated Edison Inc), Issuer Forward Transaction (Consolidated Edison Inc), Issuer Forward Transaction (Consolidated Edison Inc)

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, except that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to in the Maturity Date and (ii) delivers written notice case of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement, the date specified in writing by Counterparty no later than 5:00 p.m., New York City time, on the relevant Designated Date.

Appears in 3 contracts

Sources: Issuer Forward Transaction (Duke Energy CORP), Issuer Forward Transaction (Duke Energy CORP), Issuer Forward Transaction (Duke Energy CORP)

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 2 contracts

Sources: Issuer Forward Transaction (Consolidated Edison Inc), Underwriting Agreement (Consolidated Edison Inc)

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, except that in the case of Physical Settlement, the date specified in writing by Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a no later than 5:00 p.m., New York City time, on the relevant Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the representations and warranties required for the Settlement Method ElectionDate. Default Settlement Method: Physical Settlement.

Appears in 2 contracts

Sources: Issuer Forward Transaction (Duke Energy CORP), Issuer Forward Transaction (Duke Energy CORP)

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the NYDOCS02/1166736 6 representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 1 contract

Sources: Issuer Forward Transaction (Consolidated Edison Co of New York Inc)

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the NYDOCS02/1166734 6 representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 1 contract

Sources: Issuer Forward Transaction (Consolidated Edison Co of New York Inc)

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date; provided, that Counterparty may only elect Cash Settlement or Net Share Settlement if Counterparty (i) selects a Designated Date at least ninety (90) Scheduled Trading Days prior to the Maturity Date and (ii) delivers written notice of Settlement Method Election (the “Settlement Notice”) to Dealer and such notice contains the Designated Date and the NYDOCS02/1166735 6 representations and warranties required for the Settlement Method Election. Default Settlement Method: Physical Settlement.

Appears in 1 contract

Sources: Issuer Forward Transaction (Consolidated Edison Co of New York Inc)