Additional Settlement Date definition

Additional Settlement Date means any Business Day (i) notified to the Buyer by the Servicer upon at least one (1) Business Day’s notice and (ii) approved by the Buyer in its sole discretion.
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Additional Settlement Date means each date a sale of Securities is settled.
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Additional Settlement Date means, in relation to an Additional Exercise Date, the Business Day selected by the Issuer following the Relevant Event Adjustment Date for the Relevant Event relating to such Additional Exercise Date provided that no Additional Settlement Date will occur later than the 10th Business Day following the later of (a) such Additional Exercise Date and (b) the last occurring Relevant Event Valuation Date in relation to such Additional Exercise Date (in the case of Cash Settlement in relation to a Stock Dividend) or the Relevant Event Adjustment Date (in the case of (i) Cash Settlement in relation to a Cash Dividend or (ii) Physical Settlement). For the avoidance of doubt, an Additional Settlement Date may, in relation to a Security, fall after the Settlement Date for such Security;
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Examples of Additional Settlement Date in a sentence

  • Upon the consummation of an Additional Exchange, (i) each Holder shall be deemed for all corporate purposes to have become the legal, beneficial and record holder of the Additional Preferred Shares issued on the Additional Settlement Date; and (ii) the aggregate principal amount of the Additional Exchanged Securities exchanged on the Additional Settlment Date shall be deemed cancelled, and payment of the interest accrued but unpaid thereon shall be deemed satisfied.

  • On the Additional Settlement Date, the Company will deliver to Pine Ridge: (1) the Additional Debentures, registered in the name of Pine Ridge, in the aggregate principal amount of $3,000,000 and (2) the Third Warrant, registered in the name of Pine Ridge, pursuant to which Pine Ridge shall have the right to acquire the aggregate number of Underlying Shares indicated below its name on its signature page to this Agreement.

  • The number of shares of Preferred Stock to be issued in exchange for the Additional Exchanged Securities on each Additional Settlement Date shall be the aggregate principal amount of Additional Exchanged Securities to be exchanged on such date, as specified on the Notice of Exchange, plus shares of Preferred Stock for the accrued interest thereon to but excluding the Additional Settlement Date, divided by $100 (the “Additional Preferred Shares”).

  • An Additional Settlement Date may be later than the Maturity Date.

  • The Company shall, within one Business Day after each of the Closing Date, the Initial Settlement Date and the Additional Settlement Date, issue a press release or file a Current Report on Form 8-K reasonably acceptable to the Purchasers disclosing all material terms of the transactions contemplated hereby.

  • The Company shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by the Transaction Documents to be performed, satisfied or complied with by the Company between the Closing Date and the Additional Settlement Date.

  • The Company has agreed to pay $25,000 on the Additional Settlement Date to Pine Ridge as reimbursement for its legal and other fees and expenses incurred in connection with the investigation and negotiation of the transaction and the preparation and negotiation of the Transaction Documents.

  • The Shares will not, at the Settlement Date and each Additional Settlement Date, be issued in violation of, or subject to, any preemptive or participation rights, rights of first refusal or other similar rights and will be free from all taxes, liens and charges with respect to the issue thereof with the Holders being entitled to all rights accorded to a holder of Shares.

  • The representations and warranties of the Company contained in this Agreement shall be true and correct as of the date when made and as of the Additional Settlement Date, as though made on and as of the Additional Settlement Date (other than representations and warranties which relate to a specific date (which shall not include representations and warranties relating to the "date hereof") which representations and warranties shall be true as of such specific date).


More Definitions of Additional Settlement Date

Additional Settlement Date means the second Business Day immediately following the date Shareholder Approval is obtained, provided, that such date may not occur later than the sixth month anniversary of the Closing Date.
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Related to Additional Settlement Date

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Mandatory Settlement Date means the earliest of:

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.