Firm Share Base Amount definition

Firm Share Base Amount has the meaning provided in Section 1.1(a).

Firm Share Base Amount has the meaning specified in the Contract.

Firm Share Base Amount means 24,000,000 shares of Common Stock.

Examples of Firm Share Base Amount in a sentence

• The purchase price for the Additional Shares (the "Additional Purchase Price") shall be an amount equal to (i) the difference between (1) the aggregate proceeds to Purchaser from the sale of the Optional Securities and (2) the aggregate cost to Purchaser, as notified by Purchaser to Seller at the Second Time of Delivery, of the Additional STRIPS, multiplied by (ii) a fraction, the numerator of which is the Firm Share Base Amount and the denominator of which is the number of Firm Securities.

• Upon the terms and subject to the conditions of this Agreement, Seller agrees to sell to Purchaser on the Exchange Date, and Purchaser agrees to purchase and acquire from Seller on the Exchange Date, the number of shares of Common Stock (the "Firm Shares") equal to the product of ________ (the "Firm Share Base Amount") and the Exchange Rate.

• Upon the terms and subject to the conditions of this Agreement, and subject to Seller’s cash settlement alternative as provided in Section 2.3(d), Seller agrees to sell to Purchaser, and Purchaser agrees to purchase from Seller, the number of shares of Common Stock (the “Firm Shares”) equal to the product of the Firm Share Base Amount and the Exchange Rate.

• Upon the terms and subject to the conditions of this Agreement, the Trust agrees to pay Counterparty the Firm Contract Price (as defined in Section 1.2(a)) on the Firm Payment Date (as defined in Section 1.3(a)), in exchange the Counterparty agrees to deliver to the Trust on the Exchange Date the number of shares of Common Stock (the "Firm Shares") equal to the product of (x) [ ] (the "Firm Share Base Amount") multiplied by (y) the Exchange Rate (as defined in Section 1.1(c)).

• The price for the Firm Shares (the "Firm Contract Price") shall be $[ ] in cash per share of Common Stock multiplied by the Firm Share Base Amount.

More Definitions of Firm Share Base Amount

Firm Share Base Amount means 3,000,000 shares of Class A Common Stock.

Firm Share Base Amount means 10,000,000 Ordinary Shares.

Firm Share Base Amount means ___________ Class A Common Stock.

Firm Share Base Amount has the meaning specified in Section 1(b). “HRH Common Stock” means the Common Stock of Hilb, Xxxxx and Xxxxxxxx Company, no par value per share. “Ineligible Collateral” means Collateral that does not constitute “Eligible Collateral.” “Insufficiency Determination” has the meaning specified in Section 6(e). “Investment Property” means “investment property” as defined in Section 9-102(a)(49) of the UCC. “Lien” means any lien, mortgage, security interest, pledge, charge or encumbrance of any kind. “Location” means, with respect to any party, the place such party is “located” within the meaning of Section 9-307 of the Uniform Commercial Code as in effect in each jurisdiction that may be deemed applicable to such party. “Market Value” means, as of any date: (a) with respect to any HRH Common Stock (except as otherwise provided in Section 6(e)(2)), the Closing Price of the HRH Common Stock on such date; (b) with respect to any U.S. Government Security, (x)(i) the average unit bid price for such security on the Trading Day prior to such date as published in the New York edition of The Wall Street Journal or The New York Times or, if not so published, (ii) the lower bid price quoted (which quotation shall be evidenced in writing) on such date (or if such date is not a Trading Day, on the preceding Trading Day) by either of two nationally recognized dealers making a market in such security that are members of the National Association of Securities Dealers, Inc. multiplied by (y) the number of such units comprised in the outstanding principal amount of such U.S. Government Security; (c) with respect to any unit of Reported Securities, the Closing Price thereof on such date; provided that the “Market Value” of any Ineligible Collateral shall be zero; (d) with respect to any Exchange Property that is not a Reported Security, the fair market value of such Exchange Property, as determined by a nationally recognized investment banking firm retained by the Pledgor for this purpose; and (e) with respect to any Cash Equivalent, the face value of such instrument. “Maximum Deliverable Number” means, on any date, with respect to the HRH Common Stock, the product of the Firm Share Base Amount plus the Additional Share Base Amount (if any), divided successively by each number by which the Settlement Ratio shall have been divided on or prior to such date pursuant to the adjustments provided for under Article 4 of the Purchase Contract Agreement. Following a Reorganization Event, ...

Firm Share Base Amount means 9,994,112 shares of Common Stock.

Firm Share Base Amount means 690,291 shares of Common Stock.

Firm Share Base Amount means 72,215 shares of Common Stock.