Modified American as set forth under "Exercise and Valuation" below
Modified American as set forth under “Exercise and Valuation” below Option Type: Call Buyer: Counterparty Seller: Dealer Shares: The common stock of Counterparty, par value USD 0.01 per Share (Exchange symbol “GPI”) Number of Options: 15,000. For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the Number of Options be less than zero. Applicable Percentage: 50% Option Entitlement: As of any date, a number equal to the product of the Applicable Percentage and the Conversion Rate as of such date (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to Section 12.02(h) or (i) or Section 12.03 of the Indenture), for each Convertible Note. Strike Price: USD 38.6120 Premium: USD 2,996,025.00 Premium Payment Date: April 1, 2010 Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Exercise and Valuation: Exercise Period(s): Notwithstanding anything to the contrary in the Equity Definitions, an Exercise Period shall occur with respect to an Option hereunder only if such Option is an Exercisable Option (as defined below) and the Exercise Period shall be, in respect of any Exercisable Option, the period commencing on, and including, the relevant Conversion Date and ending on, and including, the Scheduled Valid Day immediately preceding the first day of the relevant Cash Settlement Averaging Period for such Exercisable Option; provided that in respect of Exercisable Options relating to Convertible Notes for which the relevant Conversion Date occurs on or after the Free Convertibility Date, the final day of the Exercise Period shall be the Scheduled Valid Day immediately preceding the Expiration Date.
Modified American subject to the provisions set forth under “Exercise and Valuation” below Option Type: Call Buyer: Counterparty Seller: JPMorgan Shares: The common stock of Counterparty, par value USD 0.001 per Share (Exchange symbol “MVSN”) Number of Options: 240,000. For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the Number of Options be less than zero. Option Entitlement: As of any date, a number equal to 93.75% of the Conversion Rate as of such date (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to Section 6.04(h) or to Section 6.06 of the Indenture), for each Convertible Note. Strike Price: USD 28.2829 Premium: USD 46,149,348 Premium Payment Date: August 23, 2006 Exchange: NASDAQ Global Select Market Related Exchange(s): All Exchanges Procedures for Exercise: Exercise Period(s): Notwithstanding the Equity Definitions, the Exercise Period shall be, in respect of the Exercisable Options (as defined below), each period commencing on and including a Conversion Date (as defined in the Indenture) to and including the Exchange Business Day immediately preceding the first day of the related Cash Settlement Averaging Period; provided that in respect of Exercisable Options relating to Convertible Notes tendered for conversion on or following June 15, 2011, the final day of the Exercise Period shall be the second Scheduled Trading Day immediately preceding the Expiration Date. Exercisable Options: In respect of each Exercise Period, a number of Options equal to the number of Convertible Notes surrendered to Counterparty for conversion with respect to such Exercise Period but no greater than the Number of Options. Expiration Time: The Valuation Time Expiration Date: August 15, 2011, subject to earlier exercise. Multiple Exercise: Applicable, as described under Exercisable Options above.
Examples of Modified American in a sentence
Option Style: Modified American, as described under “Settlement Terms” below.
Option Style: Modified American, as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer Shares: The common shares of Parent, par value USD 0.001 per share (Exchange symbol “NBR”).
Transaction Style: Modified American, as described below under “Procedure for Exercise”.
July 1, 2013 Effective Date: The closing date for the initial issuance of the Convertible Notes Option Style: "Modified American", as described under "Procedures for Exercise" below Option Type: Call Buyer: Counterparty Seller: Dealer Shares: The common stock of Counterparty, par value USD 0.001 per share (Exchange symbol "HWAY").
Cover layout for breakfast service: Continental, American, Modified American and English.
More Definitions of Modified American
Modified American as described under "Procedures for Exercise" below
Modified American as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer Shares: The common stock of Counterparty, par value USD 0.01 per share (Exchange symbol: “PRGS”). Number of Options: 325,000. For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the Number of Options be less than zero. Applicable Percentage: [ ]% Option Entitlement: A number equal to the product of the Applicable Percentage and 17.4525. Strike Price: USD 57.2984
Modified American as described under “Procedures for Exercise” below
Modified American as described under "Procedures for Exercise" below Option Type: Call Buyer: Counterparty Seller: JPMorgan
Modified American as subject to the provisions set forth under “Exercise and Valuation” below Option Type: Call Buyer: Counterparty Seller: JPMorgan
Modified American as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer Shares: The common stock of Counterparty, par value USD 0.001 per share (Exchange symbol “FIVN”). Number of Options: [_______]4. For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the Number of Options be less than zero. 4 For the Base Call Option Confirmation, this is equal to the number of Convertible Notes in principal amount of $1,000 initially issued on the closing date for the Convertible Notes. For the Additional Call Option Confirmation, this is equal to the number of additional Convertible Notes in principal amount of $1,000. 2
Modified American as set forth under “Exercise and Valuation” below Option Type: Call Buyer: Counterparty Seller: Dealer Shares: The common stock of Counterparty, par value USD 0.01 per Share (Exchange symbol “GPI”) Number of Options: 100,000. For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the Number of Options be less than zero. Applicable Percentage: 50% Option Entitlement: As of any date, a number equal to the product of the Applicable Percentage and the Conversion Rate as of such date (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to Section 12.02(h) or (i) or Section 12.03 of the Indenture), for each Convertible Note. Strike Price: USD 38.6120 Premium: USD 19,973,500.00 Premium Payment Date: March 22, 2010 Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Exercise and Valuation: Exercise Period(s): Notwithstanding anything to the contrary in the Equity Definitions, an Exercise Period shall occur with respect to an Option hereunder only if such Option is an Exercisable Option (as defined below) and the Exercise Period shall be, in respect of any Exercisable Option, the period commencing on, and including, the relevant Conversion Date and ending on, and including, the Scheduled Valid Day immediately preceding the first day of the relevant Cash Settlement Averaging Period for such Exercisable Option; provided that in respect of Exercisable Options relating to Convertible Notes for which the relevant Conversion Date occurs on or after the Free Convertibility Date, the final day of the Exercise Period shall be the Scheduled Valid Day immediately preceding the Expiration Date.