Minimum Exercise Price definition

Minimum Exercise Price means 50% of the Nasdaq Minimum Price (as defined in Nasdaq Listing Rule 5635(d) or its successor) calculated as of the date of the Purchase Agreement as proportionately adjusted to reflect any Stock Dividend or Splits in the manner set forth in Section 3(a).

Minimum Exercise Price means one hundred percent (100%) of the Fair Market Value of a Share at the time of the grant of the Option, or the par value of a Share, whichever is greater.

Minimum Exercise Price means the greater of: (1) the Exercise Price and (2) the amount by which (A) the Fair Market Value per share of Common Stock exceeds (B) the Maximum Spread, each as determined as of the Close of Business of the Trading Day immediately preceding the Exercise Date.

Examples of Minimum Exercise Price in a sentence

• Notwithstanding anything to the contrary in this Section 3, in no event will the Exercise Price of this Warrant be adjusted to an amount that is less than the Minimum Exercise Price.

• For Options received by non-employee directors pursuant to the second sentence of Section 6(a), the purchase price per Share deliverable upon the exercise of an Option shall be the Minimum Exercise Price.

• The purchase price per Share deliverable upon the exercise of an Option shall be determined by the Committee, but shall not be less than the Minimum Exercise Price.

• Foreign ground stations perform an equivalent function, although not all of them apply a full set of corrections.HDDTs are provided to the Department of the Interior’s EROS Data Center in Sioux Falls, S.

• Options eligible for exchange are those held by employees and consultants of us and our subsidiaries having an exercise price equal to or greater than the Minimum Exercise Price.

More Definitions of Minimum Exercise Price

Minimum Exercise Price means the amount that is $.20 less than the Maximum Exercise Price.

Minimum Exercise Price means not less than 25% of the Aggregate Market Value of the Underlying Shares at Grant Date.

Minimum Exercise Price means, at any time, the greater of (i) 85% of the Current Market Price at that time and (ii) the price which is at the maximum discount permitted at that time for the Stapled Units under the rules of the Principal Stock Exchange;

Minimum Exercise Price means US$ 7.00.

Minimum Exercise Price means $2.25, subject to adjustment pursuant to Section 5.1 hereof.

Minimum Exercise Price at any time means the greater of (i) 75% of the Current Market Price at that time and (ii) the price which is at the maximum discount permitted at that time for Common Shares under the rules of the TSXV or the Other Exchange.

Minimum Exercise Price means INR 270.10 (Indian Rupees 270.10) per Equity Share.