Call Option Exercise Price Sample Clauses

Call Option Exercise Price. The Call Option Exercise Price shall be determined as of the Exercise Date and shall be equal to: (i) the sum of the BCP Contribution and the BCP Call Hurdle Profit, if Total Equity Value is equal to or less than Total Call Hurdle Value; or (ii) the sum of (a) the BCP Contribution, (b) the BCP Call Hurdle Profit, (c) 50% of Excess Value One, if any and (d) 25% of Excess Value Two, if any, if Total Equity Value is greater than the Total Call Hurdle Value.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Call Option Exercise Price. Unless the Ownership Waiver Limit Agreement provides otherwise, for each Preferred Share purchased by the Company pursuant to this Section 6 the price per share for the Call Option (the "CALL OPTION EXERCISE PRICE") is payable in cash and in an amount equal to: (i) if the Call Option is being exercised prior to the first anniversary of the Initial Closing Date in connection with a Kan Am Redemption, the greater of (A) $106 plus all accumulated and accrued but unpaid dividends through the date of repurchase by the Company and (B) the Early Call Repurchase Price (as hereinafter as herein defined, (ii) if the Call Option is being exercised on any day after the first anniversary of the Initial Closing Date but prior to the date which is thirty (30) months after the Mandatory Closing Date (the "EARLY CALL PERIOD"), $100 plus the Yield Maintenance Premium (as defined below) (the "EARLY CALL REPURCHASE PRICE") and (iii) if the Call Option is being exercised on any day on or after 30 months from the Mandatory Closing Date, the Standard Call Payment. A sample calculation of an exercise of a Call Option by the Company at the end of the 16th month after Initial Closing is attached hereto as EXHIBIT K.
Sample 1
Call Option Exercise Price. The Call Option Exercise Price shall be determined as of the Exercise Date and shall be equal to: (i) Total Hurdle Value, if Total Equity Value is equal to or less than the sum of (a) Total Contribution and (b) Hurdle Profit; or (ii) the sum of (a) Total Hurdle Value and (b) the product of (i) Excess Value and (ii) the ratio of the sum of (A) Total Sponsor Contribution and (B) Sponsor Contribution Adjustment to the sum of (A) Adjusted Total Contribution, (B) Sponsor Contribution Adjustment and (C) Genesis Contribution Adjustment, if Total Equity Value is greater than the sum of (y) Total Contribution and (z)
Sample 1
Call Option Exercise Price a. The exercise price for the Option Shares acquired pursuant to the Call Option (“Call Option Exercise Price”) shall be _____________________ Dollars ($__________), which equals the net amount of the per share value of the MAC Common as determined on [Macquarie/Allied closing date] in connection with the closing of the purchase by Macquarie of MAC Common pursuant to Section 1.4(a) of the Purchase Agreement times the number of Option Shares plus $500,000 as the premium for Stockholder granting the Call Option, less the sum of (x) any dividends and distributions paid on the Preferred Stock to the Stockholder from and after the [Macquarie/Allied closing date] to the date of closing of the Call Option exercise and (y) the Option Purchase Price, subject to adjustment pursuant to Paragraph 4(b) below. b. The parties acknowledge and agree that in certain circumstances the Call Option Exercise Price shall be (1) reduced by the per share amount of any Final Working Capital Deficiency, if any, or (2) increased by the per share amount of any Final Working Capital Surplus, if any, in each case pursuant to the terms and conditions set forth in Section 1.7 of the Purchase Agreement.
Sample 1
Call Option Exercise Price. 3 2.4 Expiration of Call Option........................... 4 2.5 Exercise of Call Option............................. 5 2.6 Closing............................................. 5
Sample 1
Call Option Exercise Price. On the Call Option Closing Date (as -------------------------- defined below) Bradlees shall pay to each Noteholder an amount equal to (a) the principal amount of Discount Option Notes specified in a Call Option Exercise Notice (as defined below) multiplied by a percentage (the "DISCOUNT PERCENTAGE") as set forth below based upon the date on which the Call Option Closing Date occurs, plus (b) unpaid interest accrued through the date preceding the Call Option Closing Date on the principal amount specified in the Call Option Exercise Notice (the "CALL OPTION PURCHASE PRICE"): If the Call Option Closing Date occurs during the following periods: Then the Discount Percentage shall be: ---------------------------------------- --------------------------------------- On or after December 1, 1999 but before January 1, 2000 86% On or after January 1, 2000 but before February 1, 2000 87% On or after February 1, 2000 but before March 1, 2000 88% On or after March 1, 2000 but before April 1, 2000 89% On or after April 1, 2000 but before May 1, 2000 90% On or after May 1, 2000 but before June 1, 2000 91% On or after June 1, but before July 1, 2000 92% On or after July 1, 2000, but before August 1, 2000 93% On or after August 1, 2000 but before September 1, 2000 94% On or after September 1, 2000 but before October 1, 2000 95% On or after October 1, 2000 but before November 1, 2000 96% On or after November 1, 2000 but before December 1, 2000 97% On or after December 1, 2000 but before January 1, 2001 98% On or after January 1, 2001 but before February 1, 2001 99% On or after February 1, 2001 100%
Sample 1
Call Option Exercise Price. Pursuant to Sections 2(f) and 5 of the Call Option Agreement, Transferors and PBI Source acknowledge and agree that the Option Exercise Price with respect to all of the Retained Units is $578,572.50, or $289,286.25 per Transferor. Pursuant to Sections 2.2(b) and 5.1 of the Transfer Agreement, each Transferor hereby requests and instructs BIT, and BIT hereby accepts and agrees, to withhold $289,286.25 of the Purchase Price, as a Third Party Payment (as defined in the Transfer Agreement), and tender such amount directly to PBI Source by wire transfer of immediately available funds to an account designated by PBI Source as payment in full of the Option Exercise Price.
Sample 1
AutoNDA by SimpleDocs
Call Option Exercise Price a. The exercise price for the Option Shares acquired pursuant to the Call Option (“Call Option Exercise Price”) shall be $[___], the net amount of the per share value of the MAC Common as determined on the date hereof in connection with the closing of the purchase by Macquarie of MAC Common pursuant to Section 1.4(a) of the Purchase Agreement, times the number of Option Shares, plus $500,000 as the premium for Stockholder granting the Call Option, less the sum of (x) any dividends and distributions paid on the Preferred Stock to the Stockholder from and after the date hereof to the date of closing of the Call Option exercise and (y) the Option Purchase Price, subject to adjustment pursuant to Paragraph 4(b) below. b. The parties acknowledge and agree that in certain circumstances the Call Option Exercise Price shall be (1) reduced by the per share amount of any Final Working Capital Deficiency, if any, or (2) increased by the per share amount of any Final Working Capital Surplus, if any, in each case pursuant to the terms and conditions set forth in Section 1.7 of the Purchase Agreement.
Sample 1

Related to Call Option Exercise Price

  • Option Exercise Price The per share price to be paid by Optionee in the event of an exercise of the Option will be $ .

  • Warrant Exercise Price 1.1 Each Warrant shall entitle the Warrant Holder the right to purchase one share of Common Stock of the Company (individually, a "Warrant Share" severally, the "Warrant Shares"). 1.2 The purchase price payable upon exercise of each Warrant ("Exercise Price") shall be $.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Payment of Warrant Exercise Price The holder has paid in connection with this exercise the sum of $ to the Company in accordance with the terms of the Warrant.

  • Exercise Price The exercise price per share of Common Stock under this Warrant shall be $_____, subject to adjustment hereunder (the “Exercise Price”).

  • Stock Option Exercise Agreement To exercise this Option, Participant (or in the case of exercise after Participant’s death or incapacity, Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Committee from time to time (the “Exercise Agreement”), which shall set forth, inter alia, (i) Participant’s election to exercise the Option, (ii) the number of Shares being purchased, (iii) any restrictions imposed on the Shares and (iv) any representations, warranties and agreements regarding Participant’s investment intent and access to information as may be required by the Company to comply with applicable securities laws. If someone other than Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option and such person shall be subject to all of the restrictions contained herein as if such person were the Participant.

  • Number of Shares; Exercise Price This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Preferred Stock set forth in Item 7 of Schedule A hereto (the “Shares”), at a purchase price per share of Preferred Stock equal to the Exercise Price.

  • Adjustment of Exercise Price (a) The Exercise Price and the number of shares deliverable upon the exercise of the Warrants will be subject to adjustment in the event and in the manner following: (i) If and whenever the shares at any time outstanding are subdivided into a greater or consolidated into a lesser number of shares the Exercise Price will be decreased or increased proportionately as the case may be; upon any such subdivision or consolidation the number of shares deliverable upon the exercise of the Warrants will be increased or decreased proportionately as the case may be. (ii) In case of any capital reorganization or of any reclassification of the capital of the Company or in the case of the consolidation, merger or amalgamation of the Company with or into any other Company (hereinafter collectively referred to as a “Reorganization”), each Warrant will after such Reorganization confer the right to purchase the number of shares or other securities of the Company (or of the Company’s resulting from such Reorganization) which the Warrant Holder would have been entitled to upon Reorganization if the Warrant Holder had been a shareholder at the time of such Reorganization. In any such case, if necessary, appropriate adjustments will be made in the application of the provisions of this Article Four relating to the rights and interest thereafter of the Holders of the Warrants so that the provisions of this Article Four will be made applicable as nearly as reasonably possible to any shares or other securities deliverable after the Reorganization on the exercise of the Warrants. The subdivision or consolidation of shares at any time outstanding into a greater or lesser number of shares (whether with or without par value) will not be deemed to be a Reorganization for the purposes of this clause 4.8(a)(ii). (b) The adjustments provided for in this Section 4.8 are cumulative and will become effective immediately after the record date or, if no record date is fixed, the effective date of the event which results in such adjustments.

  • Minimum Adjustment of Exercise Price No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

  • Adjustment of Exercise Price and Number of Shares The number of and kind of securities purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!