Option Share Price definition

Option Share Price as defined in Section 9.1. ------------------
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Option Share Price has the meaning given in clause3.1.3;
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Option Share Price shall initially be $6 per Share as approved by the Compensation Committee at its regular meeting held on December 15, 1998. Xxxxxxxx/Xxxxx Promotion Agreement -------------------
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Examples of Option Share Price in a sentence

  • At the closing, (i) SA Wireless shall deliver share certificates to IWC totalling the number of the IWC Option Shares, together with instruments of transfer in respect thereof, and (ii) IWC shall pay the IWC Option Share Price in cash by wire transfer of immediately available funds to the bank account designated by SA Wireless in writing.

  • The Company Put Option Notice shall also set forth the Option Share Price, number of Option Shares to be sold and data supporting such calculations.

  • If at any time between the date of this Agreement and closing of the exercise of the Revised Option, Shares have been consolidated or sub-divided, the Option Share Price per Share shall be correspondingly increased or reduced (as the case may be) to the effect that the aggregate Option Share Price payable by the Investor and receivable by the Issuer and Powin Corp for the Revised Option Shares would remain the same as if the consolidation or sub-division did not take place.

  • If at any time between the date of this Agreement and closing of the exercise of the Option, Shares have been consolidated or sub-divided, the Option Share Price per Share shall be correspondingly increased or reduced (as the case may be) to the effect that the aggregate Option Share Price payable by the Investor and receivable by the Issuer for the Option Shares would remain the same as if the consolidation or sub-division did not take place.

  • The price of an Option Share ( the "Option Share Price") shall be US $3.00 per Common Share, subject to adjustment as provided in Section 7.

  • The per share exercise price for the First Option Shares (the "First Option Share Price") shall be equal to the quotient of (x) $900,000 divided by (y) the number of First Option Shares.

  • The amount of cash that shall be distributed from the Disputed Claims Escrow Fund to Gene Logic shall be equal to the sum of such excess Aggregate Cash Consideration and such excess Aggregate Option Share Price, and the number of shares of Gene Logic Common Stock (based upon the Adjusted Closing Price) that shall be distributed from the Disputed Claims Escrow Fund to Gene Logic shall be equal to such excess Aggregate Stock Consideration.

  • Such payment to the holder shall fully and finally discharge the Purchaser from any obligation to pay the Option Share Price relating to the shares so acquired.

  • Such certificate or certificates shall be deemed to have been issued, and Executive shall be deemed for all purposes to have become a holder of record of such Option Shares, as of the date the Exercise Notice and the aggregate Option Share Price are received by the Company.

  • The "Option Share Price" shall be the greater of (i) $1 --------- ------------------ per share or (ii) an amount equal to the average closing price as reported on Nasdaq per share for the preceding thirty days discounted by twenty percent (20%).


More Definitions of Option Share Price

Option Share Price shall be, on a per Share basis, the Market Price on the date hereof. The Option Share Price shall be adjusted and readjusted from time to time as provided herein and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required hereby. In the event of a Share dividend, Share split, or combination of Shares which results in a proportionate increase or decrease in the number of Shares, the Option Share Price then in effect shall be decreased (in the case of a proportionate increase in Shares outstanding) or increased (in the case of a proportionate decrease in Shares outstanding) in the same proportion. In the event of a recapitalization, reorganization, consolidation, merger or similar transaction where Shares consisting of common stock of APGC are changed into or exchanged for a different number of Shares of common stock or different capital stock or other securities, the Option Share Price then in effect shall apply to so much of the different common stock, capital stock or other securities as are received with respect to each Share of common stock so changed or exchanged. Enterprises shall be given prompt written notice of any such event, which notice shall include in reasonable detail the calculation of any adjustments to the Option Share Price.
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Option Share Price has the meaning set forth in Section 2(d).
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Related to Option Share Price

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Per Share Price shall have the meaning set forth in Section 2.1.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Share Price means any price of the Share as published by the Exchange.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Reference Share Price means, on any day, the closing price of a Reference Share on the primary exchange on which the Reference Share is traded, as reported by such exchange, provided that if the primary exchange on which a particular Reference Share is traded is not open for trading on that day, if there is no closing price on that day or if there is a market disruption event affecting such Reference Share on that day, the closing price on the immediately preceding day on which such exchange is open for trading (and for which there is a closing price and no market disruption event) will be used, except if this occurs on the Issue Date or an Average Valuation Date, in which case the closing price on the immediately following day on which such exchange is open for trading (and for which there is a closing price and no market disruption event) will be used, up to a maximum postponement of five Business Days. If the closing of the primary exchange, the absence of a closing price or the market disruption event should last for five Business Days, the closing price of the relevant Reference Share will be a price determined on such fifth Business Day by the Calculation Agent in its sole discretion and in good faith using market-accepted practices.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Average Share Price means the average of the closing price per share of Class A Common Stock on the New York Stock Exchange on the Friday (or if Friday is not a trading day, the last trading day before such Friday) for each week of the calendar quarter ending on the Quarter Date.

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

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

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

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2015-2 Vehicle for which the related 2015-2 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • 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.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the 20 consecutive trading days ending on, and including such date (or if such date is not a trading day, the most recent trading day immediately preceding such date); provided that, if such date is the date upon which a Change in Corporate Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Compensation Committee, of the total consideration paid or payable in the transaction resulting in the Change in Corporate Control for one share of Common Stock.