Examples of Strike Price in a sentence
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.
To the extent Interconnection Net Savings exist, the Index OREC Strike Price or Fixed OREC Price will be reduced by the Interconnection Price Reduction, calculated as follows: where: NYSERDA Interconnection Savings Share = the greater of (i) 80% of the Interconnection Net Savings and (ii) Interconnection Net Savings minus $50,000,000.
The reduction in dollars per OREC to the Fixed OREC Price or Index OREC Strike Price (as applicable) as calculated pursuant to Section 5.07 of this Agreement.
For each month, the Index OREC Price shall equal the Index OREC Strike Price minus the Reference Energy Price minus the Reference Capacity Price; provided that in no case shall the Index OREC Price exceed the Index OREC Strike Price.