Net Exercise Price definition

Net Exercise Price means, in the case of a Stock Election, the Exercise Price less the Cash Advance.
Net Exercise Price means the transaction value of a Share (including, in part, the Earnout) as determined by the Company’s Board of Directors prior to the Closing Date, minus the strike price for such Option.
Net Exercise Price means an amount equal to $1.

Examples of Net Exercise Price in a sentence

  • The dealer receives the 6.00 per cent total rate of return on thebond (3) and, in return, pays 5.15 per cent to the bank(4).

  • The Balance Exercise Price, being the Exercise Price less the Net Exercise Price (“Balance Exercise Price”), if any, shall be paid by the Issuer on the next Periodic Distribution Date unless further deferment is requested by the Issuer by way of a Deferral Notice.

  • The Net Exercise Price has been allocated between Yamana and the Corporation as follows: (i) $0.311 payable to Yamana for each MGC Indenture Warrant exercised and(ii) $0.097 payable to the Corporation for each MGC Indenture Warrant exercised.

  • Under the Trust Deed, the Trustee (on behalf of the Sukukholders) irrevocably authorises the Manager to, in its sole discretion, invest all the Net Exercise Price pursuant to the Musharakah Purchase Undertaking into a new Musharakah Venture.

  • The Balance Exercise Price, being the Exercise Price less the Net Exercise Price ("Balance Exercise Price"), if any, shall be paid by the Issuer on the next Periodic Distribution Date unless further deferment is requested by the Issuer by way of a Deferral Notice.

  • Pursuant to the Arrangement, the Net Exercise Price (being the exercise price of $0.60 per MGC Indenture Warrant less the Yamana Cash Consideration) has been allocated between Yamana and the Corporation as follows: (i) $0.311 payable to Yamana for each MGC Indenture Warrant exercised and (ii) $0.097 payable to the Corporation for each MGC Indenture Warrant exercised.


More Definitions of Net Exercise Price

Net Exercise Price means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a nationally recognized trading market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted for trading as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:00 p.m. (New York City time); (b) if the Common stock is listed on the OTC Bulletin Board (or other similar over the counter quotation market), the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the OTC Bulletin Board; (c) if the Common Stock is not then quoted for trading on the OTC Bulletin Board and if prices for the Common Stock are then reported in the “ OTC Pink Market” published by OTC Markets (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported; or (d) in all other cases, the fair market value of a share of Common Stock as determined by the Board of Directors of the Company (excluding any interested members).

Related to Net Exercise Price

  • Warrant Exercise Price means $0.01 per share.

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

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

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

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

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

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

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Date of Exercise means the date on which the Holder shall have delivered to the Company: (i) the Exercise Notice (with the Warrant Exercise Log attached to it), appropriately completed and duly signed and (ii) if such Holder is not utilizing the cashless exercise provisions set forth in this Warrant, payment of the Exercise Price for the number of Warrant Shares so indicated by the Holder to be purchased.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Initial Warrant Exercise Date means __________, 1997.

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

  • Change in Control Price means the highest price per share of Stock offered in conjunction with any transaction resulting in a Change in Control (as determined in good faith by the Committee if any part of the offered price is payable other than in cash) or, in the case of a Change in Control occurring solely by reason of a change in the composition of the Board, the highest Fair Market Value of the Stock on any of the 30 trading days immediately preceding the date on which a Change in Control occurs.