Number of Repurchased Shares. Each of Counterparty and Parent represents that it could have purchased a number of Shares equal to (i) the product of the Number of Options, Option Entitlement and the amount by which the Cap Price exceeds the Strike Price, divided by (ii) the Cap Price, on the Exchange or otherwise, in compliance with applicable law, its organizational documents and any orders, decrees and contractual agreements binding upon Counterparty or Parent, on the Trade Date.
Appears in 3 contracts
Samples: Letter Agreement (Kilroy Realty Corp), Kilroy Realty Corp, Kilroy Realty Corp
Number of Repurchased Shares. Each of Counterparty and Parent represents that it could have purchased a number of Shares Shares, in an amount equal to (i) the product of the Number of Options, Option Entitlement Options and the amount by which the Cap Price exceeds the Strike Price, divided by (ii) the Cap PriceOption Entitlement, on the Exchange or otherwise, in compliance with applicable law, its organizational documents and any orders, decrees and contractual agreements binding upon Counterparty or Parent, on the Trade Date.
Appears in 1 contract
Samples: First Potomac Realty Trust