Hedge Execution Price definition

Hedge Execution Price means the per-Share volume-weighted average price at which Dealer (or its affiliate or agent) purchases Shares during the Hedging Period to adjust its Hedge Positions in connection with this Amendment; provided that the price per Share for any such purchase shall not exceed the Limit Price (as defined in Annex A hereto).
View Source
Hedge Execution Price means the price per share specified as such in the Supplemental Terms Notice, which shall be equal to the net volume weighted average price per share at which the Seller executes the Seller’s Initial Hedge, as determined by the Calculation Agent.
View Source
Hedge Execution Price which means the volume weighted average price per share at which Purchaser or its affiliate establishes Purchaser’s initial hedge of the additional exposure to the NRG Common Stock resulting from this Amendment as described in Section 2 of this Amendment.
View Source

Examples of Hedge Execution Price in a sentence

  • Promptly following the last Trading Day of the Amendment Hedging Period (the “Hedge Execution Notification Date”), the Calculation Agent shall notify the parties in writing of the Hedge Execution Price and the number of Additional Shares.

  • Subject to Section 7(b) below, upon the completion of the Seller’s Initial Hedge, the Seller shall determine the Cap Price, the Hedge Execution Price and the Premium in the manner set forth below based on the Seller’s Initial Hedge, and shall deliver to the Company a supplemental terms notice substantially in the form of Annex C hereto (the “Supplemental Terms Notice”) within two Business Days following the completion of the Seller’s Initial Hedge.

  • Subject to Section 7(b) below, upon the completion of the Seller’s Initial Hedge, the Seller shall determine the Cap Price, the Hedge Execution Price and the Premium in the manner set forth below based on the Seller’s Initial Hedge, and shall deliver to the Company a supplemental terms notice substantially in the form of Appendix C hereto (the “Supplemental Terms Notice”) within two Business Days following the completion of the Seller’s Initial Hedge.


More Definitions of Hedge Execution Price

Hedge Execution Price means the price per share specified as such in the Supplemental Terms Notice, which shall be equal to the volume weighted average price per share at which the Seller executes the Seller’s Initial Hedge, as determined by the Calculation Agent.
View Source