Share Multiplier definition

Share Multiplier initially means 1.0, but is subject to adjustment due to certain corporate events described below.
Share Multiplier initially means 1.0, but shall be subject to adjustment by the Calculation Agent, as provided herein, through and including the Maturity Date.
Share Multiplier initially means 1.0, but is subject to adjustment for certain events described under "--Dilution and Reorganization Adjustments".

Examples of Share Multiplier in a sentence

  • The Share Multiplier resulting from any Antidilution Adjustment shall be rounded up or down, as appropriate, to the nearest one-hundred thousandth.

  • If one of the events described below occurs with respect to the Underlying Stock and the Calculation Agent determines that such event has a diluting or concentrative effect on the market price of the Underlying Stock, the Calculation Agent shall calculate a corresponding Antidilution Adjustment to the Share Multiplier as the Calculation Agent deems appropriate to account for such diluting or concentrative effect.

  • The Share Multiplier is subject to adjustments by the Calculation Agent as a result of the dilution and reorganization adjustments described in this Section 6 (each such adjustment an “Antidilution Adjustment”).

  • The Share Multiplier shall be adjusted by the Calculation Agent by multiplying the existing Share Multiplier by a fraction whose numerator is the number of shares of the Underlying Stock outstanding immediately after the dilution or Reorganization Event and whose denominator is the number of shares of the Underlying Stock outstanding immediately prior to the dilution or Reorganization Event.

  • Having made an adjustment for the first such event, the Calculation Agent shall adjust the Share Multiplier for the second such event, applying the required Antidilution Adjustment to the Share Multiplier as already adjusted for the first such event, and so on for any subsequent events.


More Definitions of Share Multiplier

Share Multiplier initially means 1.0, but shall be subject to adjustment, as provided herein, through and including the Maturity Date.
Share Multiplier initially means 1.0, but is subject to adjustment for certain events described under “—Share Multiplier Adjustments” and “—Alternative Dilution and Reorganization Adjustments”.
Share Multiplier equals , but is subject to adjustment due to certain corporate events described below. The "Calculation Agent" for all purposes related to the Callable STRIDES shall be Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated. Except as otherwise set forth herein, all determinations made by the Calculation Agent shall be at the sole discretion of the Calculation Agent and, absent a determination of a manifest error, shall be conclusive for all purposes and binding on the Company and the Holders and beneficial owners of the Callable STRIDES.
Share Multiplier initially means 1.0, but is subject to adjustment for certain events described under "--Share Multiplier Adjustments" and
Share Multiplier initially means 2.2352 in the case of Pfizer Inc. common stock, 2.8383 in the case of Sepracor Inc. common stock and 4.1433 in the case of Warner-Lambert common stock, but shall be subject to adjustment by the Calculation Agent, as provided herein, through and including the Maturity Date.
Share Multiplier initially means 2.2352 in the case of Pfizer Inc. common stock, 2.8383 in the case of Sepracor Inc. common stock and 4.1433 in the case of Xxxxxx-Xxxxxxx common stock, but shall be subject to adjustment by the Calculation Agent, as provided herein, through and including the Maturity Date.
Share Multiplier initially means [ ] for Lucent, [ ] for Nortel and [ ] for Texas Instruments, but shall be subject to adjustment by the