New Exercise Price definition

New Exercise Price means $0.25 per share of Common Stock.
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New Exercise Price means, in respect of a particular Option Agreement, the exercise price of an Option less the amount by which the Average Closing Common Share Trading Price exceeds the Average Opening Trust Unit Trading Price;
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New Exercise Price means the New U.S. Exercise Price or the New Canadian Exercise Price, as determined for any new Option.
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Examples of New Exercise Price in a sentence

  • For the avoidance of doubt, if the New Exercise Price is greater than the Applicable Price, there shall be no adjustment to the Exercise Price.

  • If the New Exercise Price is greater than $6.00, then the Exercise Price shall not be adjusted but shall remain at $6.00.

  • If the New Exercise Price, calculated in accordance with the above formula, is less than $6.00, then the Exercise Price shall be reduced to such New Exercise Price for purposes of the exercise of the Warrants on the Warrant Exercise Date.

  • For purposes of this Agreement, the New Exercise Price of a warrant, option or other right to purchase shares of the Common Stock shall be the exercise or conversion price of such warrant, option or other right plus any consideration paid to acquire such warrant, option or other right.

  • Alternatively, if you tender multiple Eligible Options associated with multiple grants that have various exercise prices, you will receive the total number of Replacement Options due pursuant to the exchange ratios as set forth above for each exercise price of the Eligible Options, in the form of one set of Replacement Options at the New Exercise Price.

  • Terms of Amended Warrants:Pursuant to the Offer to Amend and Exercise, the Original Warrants of Eligible Holders who elect to participate in the Offer to Amend and Exercise will be amended (the “Amended Warrants”) as described below: New Exercise Price: The exercise price will be reduced to $0.15 per share (the “Revised Exercise Price”).

  • We expect to amend the Eligible Options or Eligible SARs accepted for amendment to incorporate the New Exercise Price and the Revised Vesting Schedule effective on the Amendment Date.

  • Notwithstanding any adjustment to the Exercise Price caused by the New Exercise Price, the number of Warrant Shares shall remain at 125,000 shares and shall not be adjusted.

  • The number of shares of Parent Common Stock covered by the Rollover Option and the New Exercise Price for those shares shall be communicated to the Optionee in writing at or immediately following the Effective Time.

  • Our obligation under the Repricing Offer to accept tendered Eligible Options and Eligible SARs for amendment and to amend such awards to apply the New Exercise Price and the Revised Vesting Schedule, would be subject to obtaining any such governmental approval.


More Definitions of New Exercise Price

New Exercise Price means (i) with respect to Parent Common Stock, a price per share equal to (x) $650,000, divided by (y) an amount equal to two and six-tenths percent (2.6%) of the issued and outstanding shares of Parent Common Stock on a fully diluted basis and (ii) with respect to WGSI Common Stock, a price per share equal to (x) $650,000 divided by (y) an amount equal to two and six-tenths percent (2.6%) of the issued and outstanding shares of WGSI Common Stock on a fully diluted basis or such adjusted exercise price in effect at the date of the exercise of the New Parent Warrant or the New WGSI Warrant, as applicable.
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New Exercise Price means the fair market value per share of Insight common stock on the date on which the option grant was actually finalized.
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New Exercise Price means the exercise price per share, following the adjustment described in Section 2.6(e), at which an option holder may purchase shares subject to a Continued Option.
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New Exercise Price means (a) $0.25 per share of Common Stock if the Warrant is exercised in full prior to September 15, 2009, (b) $0.31 per share of Common Stock if the Warrant is exercised in full on or after September 15, 2009 but prior to November 15, 2009, or (c) $0.39 per share of Common Stock if the Warrant is exercised in full on or after November 15, 2009 or is exercised in part at any time.
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New Exercise Price shall have the meaning set forth in Section 11(a)(iii)(B)(2).
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Related to New Exercise Price

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Warrant Exercise Price means $0.01 per share.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.

  • Date of Exercise means the date on which the Company shall have received (i) this Warrant (or any New Warrant, as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares so indicated by the holder hereof to be purchased.

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

  • Initial Warrant Exercise Date means __________, 1997.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2023-1 Vehicle for which the related 2023-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.