Common use of Strike Price Clause in Contracts

Strike Price. The “Strike Price” is $10,386,079, which includes (a) direct costs of $9,273,285, (b) contingency (regardless of the amount, if any, which is included in the Budget) of $902,328 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless of the amount, if any, which is included in the Budget) of $185,466 (the “Guaranty Fee”). The Strike Price does not include any Interest or Charges.

Appears in 3 contracts

Samples: Completion Agreement, Completion Guaranty, Completion Agreement

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Strike Price. The “Strike Price” is $10,386,079, which includes (a) direct costs of $9,273,285, (b) a contingency allowance (regardless of the amount, if any, which there is a different or no amount therefor included in the Budget) of $902,328 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless of the amount, if any, which there is a different or no amount therefor included in the Budget) of $185,466 (the “Guaranty Fee”). The Strike Price does not include any Interest or Charges.

Appears in 2 contracts

Samples: Completion Guaranty, Completion Agreement

Strike Price. The “Strike Price” is $10,386,07911,300,614, which includes (a) direct costs of $9,273,28510,273,285, (b) a contingency allowance (regardless of the amount, if any, which there is another or no amount therefor included in the Budget) of $902,328 821,863 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless of the amount, if any, which there is another or no amount therefor included in the Budget) of $185,466 205,466 (the “Guaranty Fee”). The Strike Price does not include any Interest or Charges.

Appears in 1 contract

Samples: Completion Agreement

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Strike Price. The “Strike Price” is $10,386,07911,326,297, which includes (a) direct costs of $9,273,28510,273,285, (b) a contingency allowance (regardless of the amount, if any, which there is another or no amount therefor included in the Budget) of $902,328 821,863 (the “Contingency”) (which, if applicable, will be supplemented by Producer Deferral of $25,000), and (c) the guaranty fee (regardless of the amount, if any, which there is another or no amount therefor included in the Budget) of $185,466 231,149 (the “Guaranty Fee”). The Strike Price does not include any Interest or Charges.

Appears in 1 contract

Samples: Completion Guaranty

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