Minimum Acceptable Put Option Exercise Price definition

Minimum Acceptable Put Option Exercise Price means, with respect to the Group I or Group II Put Option, as the case may be, the aggregate outstanding principal balance of the Group I or Group II Notes as of the [ ] [ ] Distribution Date (plus accrued and unpaid interest thereon payable on such Distribution Date including any related Noteholders' Interest Index Carryover), respectively, plus any amounts then owed to the Swap Counterparty, the Cap Provider or the Securities Insurer, with respect to the Group I or Group II Notes, as applicable.
Sample 1
Minimum Acceptable Put Option Exercise Price means, with respect to the Group I or Group II Put Option, as the case may be, the aggregate outstanding principal balance of the Group I or Group II Notes as of the September 2011 Distribution Date (plus accrued and unpaid interest thereon payable on such Distribution Date including any related Noteholders' Interest Index Carryover), respectively, plus any amounts then owed to the Swap Counterparty, the Cap Provider or the Securities Insurer, with respect to the Group I or Group II Notes, respectively.
Sample 1
Minimum Acceptable Put Option Exercise Price means, with respect to the Group I or Group II Put Option, as the case may be, the aggregate outstanding principal balance of the Group I or Group II Notes as of the October 2013 Distribution Date (plus accrued and unpaid interest thereon payable on such Distribution Date including any related Noteholders’ Interest Index Carryover), respectively, plus any amounts then owed to the Swap Counterparty, the Cap Provider or the Securities Insurer, with respect to the Group I or Group II Notes, as applicable.
Sample 1

Examples of Minimum Acceptable Put Option Exercise Price in a sentence

  • We hereby certify that such Group I Put Option Exercise Price is at least equal to the excess of (i) the Minimum Acceptable Put Option Exercise Price over (ii) all sums on deposit in the Group I Reserve Account.

  • Upon receipt of such bids, the Calculation Agent shall determine the fair market value (“Fair Market Value”) of the Group II Student Loans, which shall be an amount equal to the lesser of (i) the lowest bid received that is at least equal to the Minimum Acceptable Put Option Exercise Price minus all sums on deposit in the Group II Reserve Account and (ii) the highest bid received.

  • Upon receipt of such bids, the Calculation Agent shall determine the fair market value (“Fair Market Value”) of the Group I Student Loans, which shall be an amount equal to the lesser of (i) the lowest bid received that is at least equal to the Minimum Acceptable Put Option Exercise Price minus all sums on deposit in the Group I Reserve Account and (ii) the highest bid received.

  • The road kilometres actually driven shall be calculated from Project 1 back to the Employee's residence via the most direct route.

  • Upon receipt of such bids, the Calculation Agent shall determine the fair market value ("Fair Market Value") of the Group I Student Loans, which shall be an amount equal to the lesser of (i) the lowest bid received that is at least equal to the Minimum Acceptable Put Option Exercise Price minus all sums on deposit in the Group I Reserve Account and (ii) the highest bid received.

Related to Minimum Acceptable Put Option Exercise Price

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Initial Warrant Exercise Date means __________, 1997.

  • Warrant Exercise Price means $0.05 per share.

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

  • Option Exercise Date has the meaning specified in Section 2.1.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

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

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Aggregate Exercise Price means an amount equal to the product of (a) the number of Warrant Shares in respect of which this Warrant is then being exercised pursuant to Section 3 hereof, multiplied by (b) the Exercise Price.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Alternate Adjusted Regular Purchase Share Limit means, with respect to a Regular Purchase made pursuant to Section 2(a) hereof, the maximum number of Purchase Shares which, taking into account the applicable per share Purchase Price therefor calculated in accordance with this Agreement, would enable the Company to deliver to the Investor, on the applicable Purchase Date for such Regular Purchase, a Regular Purchase Notice for a Purchase Amount equal to, or as closely approximating without exceeding, One Hundred Fifty Thousand Dollars ($150,000).

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Acceptable Price as defined in the definition of “Dutch Auction.”