Alternate Exercise Price definition

Alternate Exercise Price means the exercise price to be paid by the Transferee to the Transferor in respect of the Option Shares issued to the Transferee as set forth opposite his name in Schedule A in the event that the Performance Targets (as defined herein) have been met by the Group;
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Alternate Exercise Price means, with respect to any Alternate Exercise that price which shall be the lowest of (i) the applicable Exercise Price as in effect on the applicable Exercise Date of the applicable Alternate Exercise, (ii) 70% of the lowest Closing Sale Price of the Common Stock during the twenty (20) consecutive Trading Day period ending and including the date of delivery or deemed delivery of the applicable Exercise Notice (such period, the “Alternate Exercise Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Exercise Measuring Period.
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Alternate Exercise Price means, with respect to any Alternate Exercise that price which shall be the lower of (i) the applicable Exercise Price as in effect on the applicable Exercise Date of the applicable Alternate Exercise and (ii) 75% of the lower of (A) the Closing Bid Price as of the Trading Day immediately preceding the delivery or deemed delivery of the applicable Exercise Notice and (B) the price computed as the quotient of (I) the sum of the three lowest VWAPs of the Common Stock during the ten (10) consecutive Trading Day period ending and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Exercise Notice, divided by (II) three (3) (such period, the “Alternate Exercise Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Exercise Measuring Period.
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Examples of Alternate Exercise Price in a sentence

  • At any time during after the Alternate Exercise Eligibility Date, the Holder may voluntarily exercise any Holder Alternate Exercise Amount pursuant to Section 1(a) (with “Alternate Exercise Price” replacing “Exercise Price” for all purposes hereunder with respect to such Holder Alternate Exercise) by designating in the Exercise Notice delivered pursuant to Section 1(a) that the Holder is electing to use the Alternate Exercise Price for such Exercise.

  • At any time after the occurrence of any Event of Default (each, an “Alternate Exercise Eligibility Date”), the Holder may, at such Holder’s option, exercise (each, a “Holder Alternate Exercise”) all, or any part of, this Warrant (such portion of this Warrant being exercised, the “Holder Alternate Exercise Amount”) into Common Stock at the Alternate Exercise Price.

  • At any time during any Event of Default Redemption Right Period (as defined in the Notes) (each, an “Alternate Exercise Eligibility Date”), the Holder may, at such Holder’s option, exercise (each, a “Holder Alternate Exercise”) all, or any part of, this Warrant (such portion of this Warrant being exercised, the “Holder Alternate Exercise Amount”) into Common Stock at the Alternate Exercise Price.

  • The $2.50 Alternate Exercise Price of the Warrants shall be adjusted proportionately upwards for any reverse stock splits, and the number of Warrant Shares issuable upon exercise of the Warrant shall be adjusted proportionately downward for any stock splits.

  • At any time during any Triggering Event Redemption Right Period (as defined in the Certificate of Designations) (each, an “Alternate Exercise Eligibility Date”), the Holder may, at such Holder’s option, exercise (each, a “Holder Alternate Exercise”) all, or any part of, this Warrant (such portion of this Warrant being exercised, the “Holder Alternate Exercise Amount”) into Common Stock at the Alternate Exercise Price.

  • At any time after the occurrence of any Event of Default (each, an “Alternate Exercise Eligibility Date”), the Holder may, at such Holder’s option, exercise (each, a “Alternate Exercise”) all, or any part of, this Warrant (such portion of this Warrant being exercised, the “Alternate Exercise Amount”) into Common Stock at the Alternate Exercise Price.

  • At any time after the Alternate Exercise Eligibility Date, the Holder may voluntarily exercise any Alternate Exercise Amount pursuant to Section 1(a) (with “Alternate Exercise Price” replacing “Exercise Price” for all purposes hereunder with respect to such Alternate Exercise) by designating in the Exercise Notice delivered pursuant to Section 1(a) that the Holder is electing to use the Alternate Exercise Price for such Exercise.


More Definitions of Alternate Exercise Price

Alternate Exercise Price means, with respect to any Alternate Exercise that price which shall be the lower of (i) the applicable Exercise Price as in effect on the applicable Exercise Date of the applicable Alternate Exercise and (ii) the greater of (x) the Floor Price (as defined in the Notes) and (y) 75% of the lowest VWAPs of the Common Shares during the fifteen (15) consecutive Trading Day period ending and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Exercise Notice (such period, the “Alternate Exercise Measuring Period”). All such determinations to be appropriately adjusted for any share dividend, share split, share combination, reclassification or similar transaction that proportionately decreases or increases the Common Shares during such Alternate Exercise Measuring Period.
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Alternate Exercise Price means a price equal to (x) if the applicable Average VWAP Price is less than $1.00, that price computed as 85% of the applicable Average VWAP Price and (y) otherwise, that price computed as 90% of the applicable Average VWAP Price. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Exercise Price Measuring Period (although for the avoidance of doubt, the reference to $1.00 shall not be so adjusted).
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Alternate Exercise Price means an exercise price of RMB 200 per share to be paid by the Transferee or his nominee to the Transferor in respect of the Option Shares issued to the Transferee or his nominee in the event that the Performance Targets (as defined herein) have not been met by the Group;
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Related to Alternate Exercise Price

  • 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.

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

  • Warrant Exercise Price means $0.05 per share.

  • 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.

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

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

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

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

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

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

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • Date of Exercise means the date on which the Company shall have received (i) this Warrant (or any New Warrant, as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares so indicated by the holder hereof to be purchased.

  • 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 Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.

  • Initial Warrant Exercise Date means __________, 1997.

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

  • Adjusted Conversion Price means the lesser of the Fixed Conversion Price or the Floating Conversion Price one day prior to the record date set for the determination of stockholders entitled to receive dividends, distributions, rights or warrants as provided for in Sections 4(c)(ii), (iii) and (iv).

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

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

  • Sponsor Exercise Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

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

  • Number of Warrants means, for a Warrant Certificate, the “Number of Warrants” specified on the face of such Warrant Certificate (or, in the case of a Global Warrant, on Schedule A to such Warrant Certificate), subject to adjustment pursuant to Article 5.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.