Number of Options. For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.
Number of Options. [_______]. For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the Number of Options be less than zero. Applicable Percentage: [__]% Option Entitlement: A number equal to the product of the Applicable Percentage and [______] Strike Price: USD [______] Cap Price: USD [______] Premium: USD [______] Premium Payment Date: The Effective Date Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Excluded Provisions: Section 13.04(i) and Section 13.03 of the Indenture.
Number of Options. The number of Base Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Applicable Percentage: 20% Option Entitlement: The product of the Applicable Percentage and 10.7198
Examples of Number of Options in a sentence
Notwithstanding the foregoing, in no event shall the number of Options that are exercised or deemed exercised hereunder exceed the Number of Options.
Vesting Schedule Number of Options to Acquire Shares of Common Stock Vesting Date Vesting Options to acquire 4,000,000 shares of Common Stock (1/5th of the granted Options) The first annual anniversary of the Award Date.
For the avoidance of doubt, the Option covers the “Maximum” Number of Options set forth in this Agreement, subject to the vesting and forfeiture provisions contained herein.
For the avoidance of doubt, the Number of Options shall be reduced by any Options (or fractions of an Option) exercised by Counterparty.
Method of Adjustment: Calculation Agent Adjustment, which means that, notwithstanding Section 11.2(c) of the Equity Definitions, upon any Potential Adjustment Event, the Calculation Agent, acting in good faith and in a commercially reasonable manner, shall make a corresponding adjustment to any one or more of the Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise, settlement or payment for the Transaction.
More Definitions of Number of Options
Number of Options. The number of Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Option Entitlement: As of any date, a number of Shares per Option equal to the “Conversion Rate” (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to a Fundamental Change Adjustment or a Discretionary Adjustment). Applicable Percentage: 40%
Number of Options. The number of Convertible Debentures in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Debentures. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Option Entitlement: As of any date, a number of Shares per Option equal to the “Conversion Rate” (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate or Conversion Price (as defined in the Indenture) pursuant to Section 7.07(b) or 7.08(h) of the Fourth Supplemental Indenture) as of such date.
Number of Options. [•]11. For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the Number of Options be less than zero. Applicable Percentage: [•]12% Option Entitlement: A number equal to the product of the Applicable Percentage and[•]13. Strike Price: USD [•]14 Cap Price: USD [•] Premium: USD [•] Premium Payment Date: March [•], 2021 Exchange: The NASDAQ Global Select Market Related Exchange(s): All Exchanges. Excluded Provisions: Section [5.06(A)]15 and Section [5.07]16 of the Indenture.
Number of Options. The number of Convertible Notes in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Notes; provided that the Number of Options shall be increased as of the date of exercise by UBS Securities LLC and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, as representatives of the Initial Purchasers (as defined in the Purchase Agreement), of their option pursuant to the second paragraph of Section 1 of the Purchase Agreement dated as of June 22, 2006 between Counterparty and UBS Securities LLC and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated as representatives of the Initial Purchasers thereto (the “Purchase Agreement”) by the number of Convertible Notes in denominations of USD1,000 principal amount issued pursuant to such exercise (such Convertible Notes, the “Additional Convertible Notes”). Such increase in the Number of Options shall be on substantially identical terms, including pricing, as initially set forth in this Confirmation. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Option Entitlement: As of any date, a number of Shares per Option equal to the Conversion Rate (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to Section 10.05(f) or Section 10.08 of the Indenture). Strike Price: As of any date, an amount in USD, rounded to the nearest cent (with 0.5 cents being rounded upwards), equal to USD1,000 divided by the Option Entitlement. Applicable Percentage: 50%
Number of Options. The number of Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities.
Number of Options. The number of Convertible Securities in denominations of USD1,000 principal amount constituting Firm Securities (as defined in the Purchase Agreement (as defined below)) issued by Counterparty on the closing date for the initial issuance of the Convertible Securities.
Number of Options. The number of Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities (excluding any Optional Securities (as defined in the Purchase Agreement)). For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised hereunder.