Acceleration Price definition

Acceleration Price means (i) in the case of a Restricted Stock Award, the highest of (A) through (D); and (ii) in the case of an Option or SAR, the excess over the exercise or base price thereof of the highest of (A) through (D), on the date of a Change in Control:
Acceleration Price is defined in Section 13.2(A) hereof.
Acceleration Price shall have the meaning set forth in Section 5(b).

Examples of Acceleration Price in a sentence

  • Vesting Acceleration Price shall be a price established by the Compensation Committee at the time of grant.

  • If the Company shall fail to pay the applicable Mandatory Payment Price to the Holder on a timely basis as described in this Section 6(c) (other than pursuant to a dispute as to the determination of the arithmetic calculation of the Acceleration Price), in addition to any remedy the Holder may have under this Note, such unpaid amount shall bear interest at the Default Rate until paid in full.

  • In the event of a dispute as to the determination of the arithmetic calculation of the Acceleration Price, such dispute shall be resolved pursuant to Section 3(d)(iii) above.

  • The provisions of this Section 5(b) shall not be deemed to restrict the ability of the Holder to convert the Note pursuant to the provisions of Section 3 at any time and from time before the Holder receives the Triggering Event Acceleration Price.

  • Accelerated Bonds shall be payable at a price equal to 100% of the aggregate principal amount thereof plus interest accrued to the Acceleration Date (the "Acceleration Price").

  • If the price per share of Common Stock does not reach the Vesting Acceleration Price and the optionee dies while in the employ of the Company or any subsidiary or is retired in good standing from the employ of the Company or any subsidiary after attaining age 60 or as a result of disability under the then established rules of the Company or the subsidiary, to the extent of 10% of the number of shares covered by the option for each year that the optionee was employed by the Company or any subsidiary.

  • Except as provided in Sections 5.05, 5.09 and 6.11 hereof, moneys in the Bond Fund shall be used solely for the payment of the principal of, premium, if any, and interest on the Bonds, for the redemption of the Bonds prior to maturity and for payment of the Acceleration Price as defined in Section 8.02 hereof.

  • Such Options held by Grantees who are subject to Section 16 of the Exchange Act for which at least six months has elapsed from the date of grant of such Options at the date of the Change in Control shall be automatically purchased by the Corporation at the Acceleration Price upon a Change in Control, with payment to be made within thirty days of such Change in Control.

  • Grantees, other than Grantees who are subject to Section 16 of the Exchange Act, shall have the right to have the Corporation purchase the Options as to which no Stock Appreciation Rights have been granted for cash for a period of thirty days following a Change in Control at the Acceleration Price (as hereinafter defined).

  • Promptly after receipt of the applicable Acceleration Price in cash by wire transfer of immediately available funds, the Holder shall deliver the Note to the Company or its Transfer Agent.


More Definitions of Acceleration Price

Acceleration Price means the excess over the reference price of an Equity Participation Right of the highest of (A) through (D), on the date of a Change in Control:
Acceleration Price means the highest of:
Acceleration Price. : means the price of reference for the purposes of the occurrence of the event subject to the Acceleration Notice, i.e., €13 per Share.
Acceleration Price means, with respect to a particular Interfering Event, 70% of the lowest CBP from the start of that Interfering Event through and including the Trading Day which is two Trading Days before the delivery to the Investor of the applicable Mandated Acceleration Shares.
Acceleration Price means $9.47.

Related to Acceleration Price

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • default value means a value derived from a typical value by the application of pre-determined factors and that may, in circumstances specified in this Directive, be used in place of an actual value;’;

  • Redemption Prices means, collectively, Event of Default Redemption Prices, and the Company Optional Redemption Prices and each of the foregoing, individually, a “Redemption Price.”

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Maximum Maturity means an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years);