Examples of Number of Options in a sentence

The “Option Equity Percentage” as of any day is the fraction, expressed as a percentage, (A) the numerator of which is the sum of (1) the product of the Number of Options and the Option Entitlement and (2) the aggregate number of Shares underlying any other call option transaction sold by Dealer to Counterparty, and (B) the denominator of which is the number of Shares outstanding.

More Definitions of Number of Options

Number of Options. The number of Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Option Entitlement: As of any date, a number of Shares per Option equal to the “Conversion Rate” (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to a Fundamental Change Adjustment or a Discretionary Adjustment).

Number of Options. The number of Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities (excluding any Optional Securities (as defined in the Purchase Agreement)). For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised hereunder.

Number of Options. The number of Convertible Debentures in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Debentures. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Option Entitlement: As of any date, a number of Shares per Option equal to the “Conversion Rate” (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate or Conversion Price (as defined in the Indenture) pursuant to Section 7.07(b) or 7.08(h) of the Fourth Supplemental Indenture) as of such date.

Number of Options. The number of Optional Convertible Securities in denominations of USD 1,000 principal amount purchased pursuant to the exercise by the Initial Purchasers (as defined in the Purchase Agreement), of their option to purchase Optional Convertible Securities pursuant to Section 2 of the Purchase Agreement (as defined below). For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. In no event will the Number of Options be less than zero. Applicable Percentage: 20% Option Entitlement: A number equal to the product of the Applicable Percentage and 32.5256 Make-Whole Adjustment: Any adjustment to the Conversion Rate pursuant to Section 5.07 of the Indenture.

Number of Options. The number of Convertible Securities in denominations of USD 1,000 principal amount purchased by the Initial Purchasers (as defined in the Purchase Agreement) at their option exercised on the date hereof pursuant to the second paragraph of Section 2 of the Purchase Agreement (as defined below). For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Applicable Percentage: 60%

Number of Options. [___]. 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 [___]. Strike Price: USD [___] Cap Price: USD [___] Premium: USD [___] Premium Payment Date: May [___], 2020 Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Excluded Provisions: Section 14.03 and Section 14.04(i) of the Indenture.

Number of Options. The number of Convertible Notes in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Notes; provided that the Number of Options shall be increased as of the date of exercise by UBS Securities LLC and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, as representatives of the Initial Purchasers (as defined in the Purchase Agreement), of their option pursuant to the second paragraph of Section 1 of the Purchase Agreement dated as of June 22, 2006 between Counterparty and UBS Securities LLC and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated as representatives of the Initial Purchasers thereto (the “Purchase Agreement”) by the number of Convertible Notes in denominations of USD1,000 principal amount issued pursuant to such exercise (such Convertible Notes, the “Additional Convertible Notes”). Such increase in the Number of Options shall be on substantially identical terms, including pricing, as initially set forth in this Confirmation. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Option Entitlement: As of any date, a number of Shares per Option equal to the Conversion Rate (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to Section 10.05(f) or Section 10.08 of the Indenture). Strike Price: As of any date, an amount in USD, rounded to the nearest cent (with 0.5 cents being rounded upwards), equal to USD1,000 divided by the Option Entitlement. Applicable Percentage: 50%

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