Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.
Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 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 2024-1 Vehicle for which the related 2024-1 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 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.
Warrant Exercise Price means $0.01 per share.
Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.
Initial Exercise Price shall have the meaning set forth in Section 2.4.1.
Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.
Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:
Option Exercise Notice has the meaning provided in Section 3.6 below.
Option Exercise Period has the meaning set forth in Section 5.3(c).
Option Exercise Date has the meaning specified in Section 2.1.
Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).
Initial Warrant Exercise Date means __________, 1997.
Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.
Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.
Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).
Purchase Option Notice As defined in Section 3.18(e).
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.
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.
Purchase Option As defined in Section 3.18(c).
New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).
Repurchase Option has the meaning set forth in Section 1.3(a) hereto.
SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.
Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.
Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.
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.