Forward Cap Price. For each Tranche 1 Component, a price per Share specified in the Pricing Notice, to be 118% of the Hedge Adjustment Share Price. For each Tranche 2 Component, USD 136.9646.”
Forward Cap Price. As provided in the relevant Confirmation.
Forward Cap Price. As set forth in the Supplemental Confirmation, to be 160.00% of the Initial Price. CSCL’s Initial Hedge: Upon the execution of this Confirmation, CSCL (or an affiliate of CSCL) shall establish CSCL’s initial hedge of the price and market risk under the Transaction in consultation with Counterparty or, upon the commencement of the Hedge Execution Plan attached hereto as Appendix A, in accordance with the terms and conditions set forth in such Hedge Execution Plan. CSCL’s Initial Hedge shall be established by selling shares in transactions conforming to the manner-of-sale conditions described in Rule 144 (f) and (g) under the Securities Act of 1933, as amended. Exchange: The New York Stock Exchange Related Exchanges: All Exchanges Valuation:
Examples of Forward Cap Price in a sentence
Forward Cap Price: Shall be determined using the Amendment and Restatement Reference Price and the table set forth in Schedule A.
The contract specifies a "Forward Floor Price" of $41.3069 per share and a "Forward Cap Price" of $59.6656 per share.
Promptly following the Initial Calculation Period End Date, the Calculation Agent shall notify Counterparty of (a) the Amendment and Restatement Reference Price, (b) the Forward Floor Price and (c) the Forward Cap Price.
Promptly following the Initial Calculation Period End Date, the Calculation Agent shall notify Counterparty of (a) the Amendment and Restatement Reference Price, (b) the Forward Floor Price, (c) the Forward Cap Price and (d) the Counterparty Fourth Amendment Payment Amount.
Prepayment Amount: USD 161,313,613.52 Initial Reference Price: USD 14.7265 Counterparty Fourth Amendment Payment Amount: As determined by the Calculation Agent taking into account, for the Fourth Amended and Restated Transaction, the Amendment and Restatement Reference Price, the Forward Floor Price and the Forward Cap Price.
More Definitions of Forward Cap Price
Forward Cap Price. As set forth in the Supplemental Confirmation.
Forward Cap Price. As set forth in the relevant Supplemental Confirmation, provided that each such Forward Cap Price shall be no less than $27.12 per Share. Notwithstanding the above, CSCL shall be under no obligation to execute any Transaction if the above Forward Floor Price provisions and the Forward Cap Price provisions cannot be met. CSCL's Initial Hedge: Upon the execution of this Confirmation, CSCL (or an affiliate of CSCL) shall establish CSCL's initial hedge of the price and market risk under the Transaction as set forth in Appendix A hereto. CSCL's Initial Hedge shall be established by selling shares in transactions conforming to the manner-of-sale conditions described in Rule 144 (e), (f) and (g) under the Securities Act of 1933, as amended. Exchange: NASDAQ Related Exchange(s): All Exchanges Valuation:
Forward Cap Price. As specified in Schedule I Other Applicable Provisions: To the extent that either party is obligated to deliver Shares hereunder, the provisions of the last sentence of Section 9.2 and Sections 9.8, 9.9, 9.10, 9.11 (except that the Representation and Agreement contained in Section 9.11 of the Equity Definitions shall be modified by excluding any representations therein relating to restrictions, obligations, limitations or requirements under applicable securities laws arising as a result of the fact that Buyer is the issuer of the Shares) and Section 9.12 of the Equity Definitions will be applicable as if “Physical Settlement” applied to the Transaction. Cash Settlement of Payment Shares: If Buyer elects to cash settle its obligation to deliver Payment Shares, then on the Valuation Date a balance (the “Settlement Balance”) shall be created with an initial balance equal to the absolute value of the Settlement Amount. On the Settlement Date, Buyer shall deliver to Seller a U.S. dollar amount equal to the absolute value of the Settlement Amount multiplied by a price per Share as reasonably determined by the Calculation Agent (such cash amount, the “Initial Cash Settlement Amount”). On the Exchange Business Day immediately following the delivery of the Initial Cash Settlement Amount, Seller shall begin purchasing Shares in a commercially reasonable manner (all such Shares purchased, “Cash Settlement Shares”). At the end of each Exchange Business Day on which Seller purchases Cash Settlement Shares, Seller shall reduce (i) the Settlement Balance by the number of Cash Settlement Shares purchased on such Exchange Business Day and (ii) the Initial Cash Settlement Amount by an amount equal to the product of (x) the number of Cash Settlement Shares purchased on such Exchange Business Day and (y) the 10b-18 VWAP on such Exchange Business Day. If, on any Exchange Business Day, the Initial Cash Settlement Amount is reduced to or below zero but the Settlement Balance is above zero, the Buyer shall deliver to Seller or as directed by Seller on the next Exchange Business Day after such Exchange Business Day an additional U.S. dollar amount (an “Additional Cash Settlement Amount”) equal to the Settlement Balance as of such Exchange Business Day multiplied by a price per Share as reasonably determined by the Calculation Agent. This provision shall be applied successively until the Settlement Balance is reduced to zero. On the Exchange Business Day that the Settlement Balance...
Forward Cap Price. For each Tranche, as set forth in Annex A. Exchange(s): Nasdaq Global Select Market Related Exchange(s): All Exchanges; provided that Section 1.26 of the Equity Definitions shall be amended to add the words “United States or Brazilian” before the word “exchange” in the tenth line of such Section. Security Annex: The Pledge and Security Annex contained in Annex B hereto.
Forward Cap Price. In respect of each Tranche, the product of (i) the Forward Cap Percentage set forth in Appendix I hereto for the relevant Tranche and (ii) the Initial Share Price.
Forward Cap Price. The USD price per share equal to 108.15% of the Leg-In Price.