Current Exercise Price definition

Current Exercise Price means the Exercise Price immediately before the occurrence of any event, which, pursuant to Section 4.6, causes an adjustment to the Exercise Price.
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Current Exercise Price means the Exercise Price immediately before the occurrence of any event, which, pursuant to this Section 3, causes an adjustment to the Exercise Price.
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Current Exercise Price means initially $0.35 per Share, subject to adjustment from time to time as hereinafter provided, in effect at any given time. In determining the current exercise price, the result shall be expressed to the nearest $.01, but any such lesser amount shall be carried forward and shall be considered at the time of and together with the next subsequent adjustment which, together with any adjustments being carried forward, shall amount to $.01 per Share or more.
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Examples of Current Exercise Price in a sentence

  • The Company shall, upon the written request at any time of the holder of this Warrant, furnish or cause to be furnished to such holder a like certificate setting forth (a) such adjustment and readjustment, (b) the Current Exercise Price, and (c) the number of shares of Common Stock and the amount, if any, of other property which at the time would be received upon the exercise of this Warrant.

  • Upon each adjustment of the Current Exercise Price pursuant to paragraph (a), each Warrant shall thereupon evidence the right to purchase that number of shares of Common Stock (calculated to the nearest hundredth of a share) obtained by multiplying the number of shares of Common Stock purchasable immediately prior to such adjustment upon exercise of the Warrant by the Current Exercise Price and dividing the product so obtained by the Exercise Price in effect immediately after such adjustment.

  • In the event that the City determines that an officer other than the Director of TED should maintain the Registries, the City may transfer the responsibility for maintaining the Registries to such other officer provided that the City (i) gives prior written notice to all Interested Parties not less than thirty (30) days prior to such transfer and (ii) publishes notice of such transfer in a newspaper of general circulation in the City.

  • The per share exercise price calculated pursuant to this paragraph will be referred to herein as the "Current Exercise Price".

  • For purposes hereof, "Current Exercise Price" means the Initial Exercise Price as may be adjusted from time to time in accordance with the provisions hereof).

  • As of the Effective Time, each Warrant shall be exercisable, pursuant to the terms thereof, into the right to receive, upon due exercise thereof (including without limitation the payment of the Current Exercise Price stated therein), the Fully Diluted Per-Share Proceeds times the number of Common Shares as to which it is exercised.

  • If CPR exercises the Maturity Date Extension, then Kingfield shall have the right to a second Warrant giving Kingfield the right to purchase an additional 7,500 shares of Common Stock at an exercise price equal to the closing price of Common Stock on the Maturity Date, but in no event at an exercise price lower than the Current Exercise Price.

  • Current Exercise Price means A$1.30 per GS Warrant.Declarable Interest means an interest which results in the Shareholder being deemed to be an Excluded Shareholder in respect of a particular Resolution.Director means a current director of the Company (as the context requires).EIP means the Company's 2018 Share Incentive Plan adopted by the Board on 10 December 2018.EIP Exception has the meaning ascribed to it in section 6.2 of the Explanatory Memorandum.

  • In connection with the Facility Agreement, the Company also agreed to issue a total of 13,000,002 unquoted warrants (GS Warrants) with an exercise price of A$1.30 per GS Warrant (Current Exercise Price).

  • If CPR exercises the Maturity Date Extension, then Drew shall have the right to a second Warrant giving Drew the right to purchase an additional 15,000 shares of Common Stock at an exercise price equal to the closing price of Common Stock on the Maturity Date, but in no event at an exercise price lower than the Current Exercise Price.


More Definitions of Current Exercise Price

Current Exercise Price means the Exercise Price immediately before the occurrence of any event which, pursuant to Article 4, causes an adjustment to the Exercise Price.
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Current Exercise Price means the Exercise Price, as the same may be ---------------------- adjusted from time to time pursuant to the terms of the Warrants and this Agreement, in effect at any time.
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Current Exercise Price means the exercise price per share of a Centurion Option or an Centurion Warrant, as applicable, immediately prior to the Effective Time on the Effective Date;
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Current Exercise Price means the Exercise Price
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Current Exercise Price means, in respect of a share of Common Stock at any date herein specified, the Exercise Price as adjusted pursuant to Article 3.
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Related to Current Exercise Price

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

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

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

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

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

  • 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.

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

  • 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.

  • 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:

  • 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.

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

  • Current Price means, with respect to any Reference Obligation on any date of determination, the Calculation Agent’s determination of the net cash proceeds that would be received from the sale on such date of determination of such Reference Obligation, net of the related Costs of Assignment. If Counterparty disputes the Calculation Agent’s determination of the Current Price of any Reference Obligation, then Counterparty may, no later than two hours after Counterparty is given notice of such determination, (a) designate up to two entities, each of which shall be either (i) an Approved Buyer or (ii) a Dealer of credit standing acceptable to Citibank in the exercise of its reasonable discretion and (b) provide to Citibank within such two-hour period with respect to each such Approved Buyer or Dealer a Firm Bid with respect to the entire Reference Amount of the Reference Obligation. The higher of such two Firm Bids will be the Current Price. The “Current Price” shall be expressed as a percentage of par and will be determined exclusive of accrued interest.

  • 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.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

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

  • Initial Warrant Exercise Date means __________, 1997.

  • 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.

  • 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.

  • 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.

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.