Determination of Exercise Price. The per share purchase price (the "Exercise Price") for each of the Warrant Shares purchasable under this Warrant shall be equal to One Dollar and Thirty Five Cents ($1.35).
Determination of Exercise Price. The per share purchase price (the "Exercise Price") for each of the Warrant Shares purchasable under this Warrant shall be equal to Ten Cents ($0.10).
Determination of Exercise Price. Prior to the Final Measurement Date, a majority in interest of the Original Holders shall retain, at Buyer's expense, a nationally recognized investment banking firm with significant experience in the equity derivatives market (reasonably acceptable to Buyer) to determine the revised aggregate number of shares issuable upon exercise of the Warrants such that, in the written opinion of such investment banking firm rendered within 15 days after the Final Measurement Date, on the Final Measurement Date, the Warrants issued to the Original Holders and their Permitted Transferees would have an aggregate value, based upon the assumptions set forth on Exhibit A, equal to the Warrant Value Amount. Within two (2) Business Days after the determination of the Warrant Value Amount, Buyer shall notify each Warrant holder of the Warrant Value Amount and such holder of its Total Warrant Value and contemporaneously, such investment bank shall provide to Buyer and holder a copy of its opinion and of its standing bid, each as described in Exhibit A.
Determination of Exercise Price. For the period from the date hereof until the first Adjustment Date, the Exercise Price shall be the Initial Exercise Price. Thereafter on each Adjustment Date, if during the most recent full calendar year immediately preceding such Adjustment Date (or in the case of the January 1, 1998 Adjustment Date, during the period from the First Closing Date to December 31, 1997), the Average Stock Price of the Common Stock was greater than or equal to the Adjusted Exercise Price for any period of five (5) consecutive trading days, then as of such Adjustment Date, the Exercise Price shall be the Adjusted Exercise Price.
Determination of Exercise Price. The Exercise Price shall initially equal 115% of the Market Price (as defined in Section 5(j) hereof) in effect on the date of initial issuance of this Warrant (the "Issue Date") and shall be subject to adjustment as provided in Section 5 hereof.
Determination of Exercise Price. The per share exercise price of ------------------------------- Parent Replacement Options shall be calculated by multiplying the per share exercise price of each grant of Parent options prior to the Spin-Off by a fraction, the numerator of which is the difference between the Parent Stock Value and the PG&E Stock Value, and the denominator of which is the Parent Stock Value. The per share exercise price of PG&E Replacement Options shall be calculated by multiplying the per share exercise price of each grant of Parent options prior to the Spin-Off Date by a fraction, the numerator of which is the PG&E Stock Value, and the denominator of which is the Parent Stock Value.
Determination of Exercise Price. 17 11.2.2 Value Determined by Appraisal...............................................18 11.2.4 Closing of Purchase and Sale................................................18 11.2.5 Liabilities.................................................................19 11.2.6 Withdrawal of CBM...........................................................19 Section 11.3 Agreements with Transferees.................................................19 Section 11.4
Determination of Exercise Price. The price payable by CNL to CBM in consideration of the sale and transfer of CBM's entire Interest to CNL (the "Exercise Price") shall be an amount equal to eleven percent (11%) of the lesser of (a) an amount equal to the product of (i) eight and one-half (8.5), multiplied by (ii) the Net House Profit (as hereinafter defined) for the Property during the thirteen (13) consecutive full Accounting Periods immediately preceding the Accounting Period in which the Exercise Notice is given, and (b) the Appraised Fair Market Value as determined in accordance with Section 11.2.3.
Determination of Exercise Price. The Exercise Price shall initially equal the Market Price (as defined in Section 5(j) hereof) in effect on the date of initial issuance of this Warrant (the "Issue Date") and shall be subject to adjustment as provided below and in Section 5 hereof. If, at any time during the five hundred forty (540) day period following the Issue Date (the "Reset Period"), the average of the Closing Bid Prices (as defined in Section 5(j) hereof) for the Common Stock for any period of twenty (20) consecutive trading days is less than or equal to seventy-five percent (75%) of the Market Price in effect on the Issue Date (the occurrence of such event being hereinafter referred to as a "Reset Event" and the date immediately following the occurrence of a Reset Event being hereinafter referred to as a "Reset Date"), then the Exercise Price shall thereafter be adjusted to equal the lesser of (i) the Market Price determined as of the Reset Date and (ii) the Closing Bid Price in effect on the trading day immediately preceding such Reset Date. The Exercise Price shall be similarly adjusted upon each additional occurrence of a Reset Event during the Reset Period; provided, however, that in no event shall any such adjustment result in an increase to the Exercise Price.
Determination of Exercise Price. The Initial Exercise Price at which a holder may exercise this Warrant shall be at a price equal to $1.75 per share of Common Stock as to the exercise of this Warrant and shall be subject to adjustment from time to time pursuant to the provisions of Section 6 hereof. Any adjustment made pursuant to such Section 6 shall be computed on the basis of an Initial Exercise Price of $1.75 per share of Common Stock.
