Examples of Initial Strike Price in a sentence
The Initial Strike Price shall be set on a project-by-project basis and agreed during negotiations.
The Strike Price relates to the Opex Payment only and the Initial Strike Price shall be the Strike Price in the Base Year.
The calculation is based on the following formula1: It should be noted that for the purposes of this calculation, both the Initial Strike Price and the Strike Price Adjustments are expressed in Base Year Terms which, in the case of Strike Price Adjustments, may require a further calculation (this is explained in more detail below).
This Indexation Adjustment is calculated as a function of the Initial Strike Price, the sum of the Strike Price Adjustments applicable, and an Inflation Factor.
The key commercial terms of CitiFirst MINIs offered under the PDS are outlined in the Term Sheet above, including whether they are a MINI Long or MINI Short, the relevant Underlying Parcel, Required Number, Initial Strike Price, Initial Stop Loss Trigger Level, and ASX codes for each Series, each of which may be adjusted in accordance with the provisions of the Terms of Issue.
All Performance Options (defined below) granted following the Initial Grant Period that are not Premium Strike Price Performance Options shall have an Exercise Price equal to the greater of (i) the Initial Strike Price (defined below) and (ii) the Fair Market Value on the date that the Option is granted.
The timestamp of transaction notification will settle which Strike Price will be applicable: in the case of a Secondary Market transaction, the latest published Calibrated Strike Price will be used for the CMU taking over and delivering on the Obligation, this independently from the Initial Strike Price of the initial CMU selling its obligation.
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