First Exercise Price definition

First Exercise Price means $14.00 per share of Common Stock purchasable upon exercise of a Warrant, such First Exercise Price to be adjusted from time to time as provided herein.
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First Exercise Price means, in respect of each Warrant, S$1.28 for each New Share, subject to adjustment in accordance with Condition 5;
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First Exercise Price means $1.20.
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Examples of First Exercise Price in a sentence

  • No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the First Exercise Price or Second Exercise Price, as applicable, then in effect.

  • The Members and the Company shall take all steps necessary to distribute the Distributable First Exercise Price as soon as practicable after the First Exercise Price has been received by the Company.

  • The First Exercise Price or the Second Exercise Price (as the case may be) shall be calculated in accordance with Section 9.06(e) and in accordance with the valuation procedures set forth in Exhibit C.

  • The amount of the First Exercise Price which the Members shall be entitled to (“Distributable First Exercise Price”) will be the balance (if any) following utilization thereof for any costs incurred directly as a result of the sale and purchase and which are the responsibility of the Company (or its Subsidiary), including internal de-mobilization or incremental, unplanned severance costs and any transaction costs.

  • In the event that the Right Holder exercises the Third Party Business Put Right, each Member shall be entitled to receive a distribution equal to the First Exercise Price received by the Company on completion of the sale and purchase contemplated by the Notice of Exercise in proportion to their Percentage Interests as of the date the First Exercise Price is received by the Company.

  • Within sixty (60) days of the date on which the First Exercise Price or the Second Exercise Price (as the case may be) is determined in accordance with Section 9.06(e), ETR (or its Permitted Transferee) (the “Right Holder”) may (but is not required to) exercise the Third Party Business Put Right or the JV Put Right (as the case may be) by giving written notice to that effect to Enexus (or its Permitted Transferee) (the “Purchaser”) and the Company (“Notice of Exercise”).

  • At any time within ninety (90) days of the date of the occurrence of the Exercise Event, ETR (or its Permitted Transferee) may notify the Company and Enexus (or its Permitted Transferee) in writing setting out the Exercise Event and stating that it requires that the First Exercise Price or the Second Exercise Price (as the case may be) be determined (“Appraisal Notice”), the Members agreeing that either Exercise Price is a price reflecting fair market value.

  • The First Exercise Price shall be based on ------------------------ the audited Revenues as set out in the Consolidated Accounts for the financial year ended 31st December 1997.

  • The First Exercise Price or the Second Exercise Price (as the case may be) shall be payable by Enexus by wire transfer in immediately available funds and shall not be subject to financing.

  • The Distributable First Exercise Price must be distributed to the Members as soon as practicable after the First Exercise Price has been received and the Distributable First Exercise Price determined by the Board, in accordance with Section 7.03.


More Definitions of First Exercise Price

First Exercise Price means the price agreed by the Members in accordance with Section 9.06(e)(i), or in the absence of such agreement, the price determined by the Expert in accordance with Item 1 of Exhibit C.
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Related to First Exercise Price

  • Warrant Exercise Price means $0.01 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.

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

  • 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).

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

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

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

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

  • 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.

  • 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.

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

  • 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.

  • 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.

  • Date of Exercise means the date on which the Holder shall have delivered to the Company: (i) the Exercise Notice (with the Warrant Exercise Log attached to it), appropriately completed and duly signed and (ii) if such Holder is not utilizing the cashless exercise provisions set forth in this Warrant, payment of the Exercise Price for the number of Warrant Shares so indicated by the Holder 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.

  • 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.

  • 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.

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

  • 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.

  • Cash Exercise with respect to Warrant Shares; and/or

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

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