Strike Price definition

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.
Strike Price means initially on the First Trading Date the initial Strike Price specified in the Table (the "Initial Strike Price"). Thereafter, the Strike Price will be adjusted by the Determination Agent on each Reset Date and applies from, and including, such Reset Date until, but excluding, the next following Reset Date. Each adjusted Strike Price (excluding the Initial Strike Price) will be calculated as follows:Strike Priceprevious x [1 + (Reference Interest Rate + Interest Adjustment Rate) x Adjustment Days] – Dividend
Strike Price means 100.00 per cent. of the Closing Price of the Reference Asset on the Strike Fixing Date.

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.


More Definitions of Strike Price

Strike Price means the per-Share price used as the baseline measure for the value of a SAR, as specified in the Award Agreement.
Strike Price means initially on the First Trading Date the initial Strike Price specified in the Table (the "Initial Strike Price"). Thereafter,
Strike Price means the Strike Price specified in the Table.
Strike Price in respect of any Option, means the price at which the Currency Pair may be exchanged, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.
Strike Price means in relation to a call option, the price specified in the option that must be paid by the option holder to acquire the underlying security or, in relation to a put option, the price at which the option holder may sell the underlying security.
Strike Price means in respect of a Security, 100.0000% of the Initial Price of such Security.