Share Call Price definition

Share Call Price shall have the meaning specified in Section 3.2(a) hereof.
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Share Call Price means, as determined on the date of the applicable Call Notice, (i) in the event of a termination of employment, consultancy or directorship for Cause, the lower of the Original Purchase Price and the Fair Value Price of the Call Shares; (ii) in the event of Voluntary Resignation, (a) with respect to Protected Shares (as defined below) on the date of the occurrence of the event giving rise to the Call Right, the Fair Value Price of such Protected Shares and (b) with respect to Call Shares that are not Protected Shares on such date, the lower of the Fair Value Price and the Original Purchase Price of the Call Shares; and (iii) in the event of Involuntary Termination, death, Disability or Retirement, the greater of the Original Purchase Price and the Fair Value Price of the Call Shares (provided that the unpaid principal amount of such Management Investor's Management Note, if any, shall be reduced by an amount equal to the amount, if any, by which the Original Purchase Price exceeds the Fair Value Price of the Call Shares), such calculations to be made on a per Share basis. On each of the first five annual anniversaries of the Closing, 20% of a Management Investors' Shares acquired at the time of Closing (including shares which are subject to and may be purchased pursuant to Incentive Options and Performance Options granted at the time of Closing) will become "Protected Shares." For purposes of this Section 3.2, the term "Option Call Price" of any Call Options to be purchased pursuant to the exercise of the Call Right shall mean the product of the number of Shares issuable upon exercise of the Management Investor's then-vested Call Options times the difference, if positive (if negative such price shall be equal to zero), between (i) the Share Call Price and (ii) the exercise price of each Call Option.
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Share Call Price means, as determined on the date of the Call Notice, the Fair Value Price of the Call Shares.
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Examples of Share Call Price in a sentence

  • Upon exercise of the Call Option by Arena, the Stockholder shall be obligated to sell the Called Shares to Arena for the Per Share Call Price.

  • Arena shall have the right and option (the "Call Option") to repurchase any or all of the Shares at any time on or before November 1, 2006 for a purchase price of $8.50 per share (the "Per Share Call Price").

  • If after the date hereof, and subject to the provisions of Section 5.3, the number of outstanding shares of Company Common Shares is decreased by a consolidation, combination or reclassification of Common Shares or other similar event, then, on the effective date thereof, the number of Seller Option Shares shall be decreased in proportion to such decrease in outstanding shares of Company Common Shares, and the Share Call Price shall be proportionately adjusted.

  • Upon receipt of an Option Exercise Notice, Grantor covenants and agrees (a) to sell the Common Shares specified in the Option Exercise Notice for the Per Share Call Price and (b) to complete and convey to Optionee an acknowledgment in substantially the form set out in Exhibit B hereto, as promptly as practicable and in any event within two (2) business days after receipt of the Option Exercise Notice.

  • If after the date hereof, and subject to the provisions of Section 5.3 below, the number of outstanding shares of Company Common Shares is increased by a stock dividend payable in Common Shares or by a split up of Common Shares or other similar event, then, on the effective day thereof, the number of Seller Option Shares shall be increased in proportion to such increase in outstanding shares, and the Share Call Price shall be proportionately adjusted.

  • If any Call Option is exercised, a closing shall be held on the closing date specified in the relevant notice at _______________________, at which Seller will electronically deliver the requested Seller Option Shares to the account of Buyer as shall have been specified in the relevant notice and the Buyer, or its assigns, will deliver immediately available funds equal to the Share Call Price to an account of Seller furnished to the Buyer and its assigns, as applicable.

  • Seller hereby grants the Buyer, or its assigns, the option to require Seller to sell to the Buyer, or its assignees, any or all of the Seller Option Shares at the Share Call Price (the “Call Option”).

  • At any time and from time to time during the Call Exercise Period, Optionee shall have the right to purchase, and to require Grantor to sell to Optionee, all or any portion of the Common Shares for a price per Common Share equal to the Per Share Call Price (such option, a “Call Option”) by giving written notice to Grantor in the manner required by Section 2.2.


More Definitions of Share Call Price

Share Call Price means, as determined on the date of the applicable Call Notice, (i) in the event of a termination of employment, consultancy or directorship for Cause (provided that for purposes of this Section 3.2(a) with respect to Existing Shares or Existing Options "Cause" shall be limited to the commission of a felony or perpetration of a fraud upon Packard), the lower of the Original Purchase Price and the Fair Value Price of the Call Shares; and (ii) in the event of termination of employment for any other reason, the Fair Value Price of such Shares, such calculations to be made on a per Share basis. For purposes of this Section 3.2, the term "Option Call Price" of any Call Options to be purchased pursuant to the exercise of the Call Right shall mean the product of the number of Shares issuable upon exercise of the Management Investor's then-vested Call Options times the difference, if positive (if negative such price shall be equal to zero), between (i) the Share Call Price and (ii) the exercise price of each Call Option.
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Share Call Price means a price equal to 0.0001 per Common Share.
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Share Call Price means, as determined as of the date of the delivery of the applicable Call Notice, (i) in the event of a termination for Cause, the lesser of the original per share purchase price and the Fair Value Price of the Call Shares; (ii) in the event of a Voluntary Resignation (y) as to Call Shares that are Protected Shares (as defined below) on the date of the occurrence of the Call Event, the Fair Value Price of the Call Shares determined as of the date of the occurrence of the Call Event and (z) as to Call Shares that are not Protected Shares on the date of the occurrence of the Call Event, the lesser of the original per share purchase price and the Fair Value Price; and (iii) in the event of a termination of employment due to death, Disability, Retirement or Involuntary Termination, the Fair Value Price of the Call Shares. Twenty percent of each Management Investor’s Management Shares shall become “Protected Shares” on each of the first through fifth anniversaries of the date the Shares are issued, (the “Protected Shares”); provided, however, that the Board of Directors may in its sole discretion, provide that twenty-five percent of certain management Investor’s Management Shares shall become protected Shares on each of the first through the fourth anniversaries of the date such shares are issued. All Management Shares received pursuant to the exercise of Vested Options shall immediately be Protected Shares. In the event of a Change in Control (as defined in the Management Stock Option Plan) all of the Management Investor’s Management Shares will immediately become Protected Shares.
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Related to Share Call Price

  • Call Price If applicable with respect to any Series, as specified in the applicable Supplement.

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.

  • Share Call Event means each of the following events:

  • Share Cap has the meaning specified in clause (e) of the definition of Alternative Payment Mechanism.

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

  • Relevant Share Capital means the relevant share capital of the Company (as that expression is defined in Section 67(2) of the 1990 Act);

  • Paid-up share capital means the paid-up share capital as defined in Section 2 of the Companies Act, 2013.

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • 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.

  • 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.

  • Put Price has the meaning set forth in Section 8.05(a).

  • 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.

  • Equity Share Capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • Subscription Price has the meaning set forth in Section 2.1.

  • Common Unit Price has the meaning specified in Section 2.1(b).

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

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

  • Shadow Price means the marginal value of relieving a particular constraint which is determined by the reduction in system cost that would result from an incremental relaxation of that constraint.

  • Ordinary Share means a Class A Ordinary Share or a Class B Ordinary Share;

  • 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.

  • Net Share Amount For any Exercise Date, a number of Shares, as calculated by the Calculation Agent, equal to (x) the product of (i) the number of Warrants being exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii) the excess, if any, of the Relevant Price for the Valuation Date occurring on such Exercise Date over the Strike Price (such product, the “Net Share Settlement Amount”), divided by (y) such Relevant Price.

  • 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.

  • Relevant Price or "S(k)" means, in relation to a Fund Interest and any Strategy Calculation Date, the Fund Value per Fund Interest.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • 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.

  • Share Consideration has the meaning given to it in Section 2.2;