Reference Market Price definition

Reference Market Price initially means $______ (which is an amount equal to _____% of the reported last sale price for Common Stock on ____________, 1999), and in the event of any adjustment of the Conversion Price other than as a result of a Non-Stock Fundamental Change, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of the initial Reference Market Price to the initial Conversion Price of the Debentures.
Reference Market Price shall initially mean $18 11/12 and in the event of any adjustment to the Conversion Rate pursuant to Article 11, the Reference Market Price shall be adjusted to equal the initial Reference Market Price multiplied by a fraction the numerator of which is the Conversion Rate specified in the form of Security attached hereto as Exhibit A (without regard to any --------- adjustment thereto), and the denominator of which is the Conversion Rate following such adjustment.
Reference Market Price has the meaning specified in Section 13.07(b).

Examples of Reference Market Price in a sentence

  • In making any calculation or determination of Reference Market Price, Current Market Price or Volume Weighted Average Price, such adjustments (if any) shall be made as an Independent Financial Adviser determines in good faith appropriate to reflect any consolidation or sub-division of the Common Shares or any issue of Common Shares by way of capitalisation of profits or reserves, or any like or similar event.

  • The Company shall redeem such Securities at a price (the "Fundamental Change Redemption Price") equal to the Issue Price plus accrued Original Issue Discount to the date of redemption; provided that, with respect to a Fundamental Change, if the Applicable Price is less than the Reference Market Price, the Company shall redeem such Securities at a price equal to the foregoing Redemption Price multiplied by the fraction obtained by dividing the Applicable Price by the Reference Market Price.

  • In a Non-Stock Fundamental Change transaction in which the initial value received per Share (measured as described in the definition of Adjusted Relevant Price) is lower than both the Applicable Conversion Price of each of the Preferred Securities and the Adjusted Reference Market Price, the Applicable Conversion Price will be adjusted as described above but calculated as though such initial value had been the Adjusted Reference Market Price.

  • Nevertheless, and in particular due to recent changes (e.g. massive displacement from Venezuela), data should play a key role in every analysis directed to examine public policies and, more importantly, promote policy options for addressing issues, gaps and challenges.There are several reports that have been de- picting the main tendencies of migration with- in, from and to Latin America.

  • Section 3 covers a number of aspects of the product design including:o The Strike Priceo The Reference Market / Reference Market Price; ando Additional performance incentives.


More Definitions of Reference Market Price

Reference Market Price shall initially mean $25.83 (which is an amount equal to 66 2/3% of the last reported sale price for the Common Stock on the New York Stock Exchange Composite Tape on October 9, 1996 and in the event of any adjustment to the conversion price other than as a result of a Non-Stock Fundamental Change, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the conversion price after giving effect to any such adjustment shall always be the same as the ratio of $25.83 to the initial conversion price of $46.89 per Preferred Security.
Reference Market Price means, in respect of an Ordinary Share at a particular date, the average of the daily VWAP of an Ordinary Share on each of the 5 consecutive dealing days ending on the dealing day immediately preceding such date (the “Reference Period”); provided that, if at any time during the Reference Period the VWAP shall have been based on a price ex-Dividend (or ex- any other entitlement) and during some other part of that Reference Period the VWAP shall have been based on a price cum-Dividend (or cum- any other entitlement), then:
Reference Market Price shall initially mean $[_____] and, in the event of any adjustment to the Conversion Price other than as a result of a Fundamental Change, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of the initial Reference Market Price of $[_____] to the initial Conversion Price of $[____].
Reference Market Price initially shall mean $20.00 and in the event of any adjustment to the Conversion Price pursuant to Sections 15.5(a), (b), (c), (d), (e), (f) or (g) the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of $20.00 to the initial Conversion Price specified in the form of Note attached hereto (without regard to any adjustment thereto).
Reference Market Price initially means $ (which is an amount equal to % of the reported last sale price for Company Common Stock on the NYSE Consolidated Transactions Tape on , 1999), and in the event of any adjustment of the Conversion Price other than as a result of a Non-Stock Fundamental Change, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of the initial Reference Market Price to the initial Conversion Price of the Debentures.
Reference Market Price. The term "Reference Market Price" shall initially mean $48.75 and in the event of any adjustment to the Conversion Price pursuant to Sections 15.5(a), (b), (c), (d), (e), (f) or (g) the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of $48.75 to the initial Conversion Price specified in the form of Note attached hereto (without regard to any adjustment thereto).
Reference Market Price means $15.13 and in the event of any adjustment to the Conversion Price pursuant to Section 12.4, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of $15.13 to the initial Conversion Price specified in Section 12.1 (without regard to any adjustment thereto).