Additional Option Exercise Price definition

Additional Option Exercise Price means $20,000,000;
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Additional Option Exercise Price means the number (expressed in dollars per share) equal to the quotient determined by dividing (a) Additional Capital, by (b) the sum of the quotients determined by dividing (i) the amount of each Contribution of Additional Capital that has occurred by (ii) the amount (expressed in dollars per share) equal to 120% of the average last sale price per share of the REIT Common Stock on the NYSE over the thirty (30) days on which the NYSE is open and for which trades in the REIT Common Stock are reported immediately preceding the date that such portion of Additional Capital was contributed to the Joint Venture. The Additional Option Exercise Price shall be subject to adjustment from time to time as provided in Section 6 hereof. In the event that the REIT Common Stock is no longer trading on the NYSE then the Additional Option Exercise Price shall be determined using the prices reported on the exchange or automated quotation system on which the REIT Common Stock then trades.
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Examples of Additional Option Exercise Price in a sentence

  • The Parties will thereafter use reasonable commercial efforts to effect the sale of the Additional Optioned Shares by the Securityholders to the Optionee for and in consideration of the Additional Option Exercise Price.

  • Subject to paragraph 5.2(j), the amount payable upon exercise of each Option will be $0.03 (Additional Option Exercise Price).

  • The closing of the exercise of the Additional Option pursuant to this Section 1.3(b) shall occur within ten (10) business days following delivery of the written exercise notice, the Additional Option Exercise Price shall be paid in immediately available funds at the closing, and the acquired shares of Common Stock shall be delivered to Purchaser at the closing free and clear of any and all liens, claims and encumbrances (other than any such liens, claims and encumbrances created by Purchaser).

  • The Company hereby grants to Purchaser a conditional option to acquire, in the sole discretion of Purchaser, up to 158,000 shares of Common Stock from the Company at a per share exercise price equal to $16.42 per share (such price, the "Additional Option Exercise Price"), but only at the rate of 10,000 shares for each $10,000,000 increment by which the Additional Option Qualifying Premiums for the Additional Option Determination Period exceed $200,000,000.

Related to Additional Option Exercise Price

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Warrant Exercise Price means $0.05 per share.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Initial Warrant Exercise Date means __________, 1997.

  • Aggregate Exercise Price means an amount equal to the product of (a) the number of Warrant Shares in respect of which this Warrant is then being exercised pursuant to Section 3 hereof, multiplied by (b) the Exercise Price.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).