Exercise Payment definition

Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

Exercise Payment means a payment described in Section 8 upon the exercise of a Share Option.

Exercise Payment has the meaning set forth in Section 7.2.1.

Examples of Exercise Payment in a sentence

• In the manner set out in Paragraph (e) below, the Holder shall be deemed to have become the holder of record of, and shall be treated for all purposes as the record holder of, the Warrant CDIs represented by such exercise (and such Warrant CDIs shall be deemed to have been issued) immediately prior to the close of business on the date upon which the Exercise Payment is paid to the Company.

• The Exercise Payment also may be paid at the Holder’s election by surrender of all or a portion of the Warrant for the Warrant CDIs to be exercised under this Warrant (“Net Exercise”).

• At the discretion of the Committee, the Exercise Payment may be made in cash, Shares, including Restricted Shares, or a combination thereof.

• On or before the Required Exercise Payment Date, the Required Exercise Shares must be purchased from the Company at the Exercise Price.

• Awards under this Plan may be in any of the following forms (or a combination thereof): (i) Share Options; (ii) Share Appreciation Rights; (iii) Exercise Payment rights; (iv) grants of Shares, including Restricted Shares; or (v) Performance Awards.

More Definitions of Exercise Payment

Exercise Payment is defined in Section 3(b). ---------------- ------------

Exercise Payment has the meaning set forth in Section 0.

Exercise Payment has the meaning set forth in Section 3(a).

Exercise Payment means an amount equal to the product of: (i) ------- the Vested Percentage Interest as of the date of the Cash-Out Event multiplied ---------- by (ii) an amount equal to (x) the Cash-Out Value minus (y) the Starting Value. -- -----

Exercise Payment shall have the meaning set forth in SECTION 4 hereto.

Exercise Payment means the payment of $50,000,000 by the Purchaser to the Owners, on behalf of the Company, to be delivered concurrently with the Exercise Notice and in accordance with Section 2.2(a) of the Option Agreement.

Exercise Payment means an amount equal to the product of (a) the number of Ordinary Shares in respect of which a Warrant is then being exercised pursuant to Section 6.2 hereof, multiplied by (b) the Exercise Price in effect as of the date of the Exercise Notice in accordance with the terms of this Instrument;