Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.
Strike Price means initially on the First Trading Date the initial Strike Price specified in the Table (the "Initial Strike Price"). Thereafter, the Strike Price will be adjusted by the Determination Agent on each Reset Date and applies from, and including, such Reset Date until, but excluding, the next following Reset Date. Each adjusted Strike Price (excluding the Initial Strike Price) will be calculated as follows:Strike Priceprevious x [1 + (Reference Interest Rate + Interest Adjustment Rate) x Adjustment Days] – Dividend
Strike Price means 100.00 per cent. of the Closing Price of the Reference Asset on the Strike Fixing Date.
Examples of Strike Price in a sentence
Method of Adjustment: Calculation Agent Adjustment, which means that, notwithstanding Section 11.2(c) of the Equity Definitions, upon any Potential Adjustment Event, the Calculation Agent shall make a corresponding adjustment to any one or more of the Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise, settlement or payment for the Transaction in a commercially reasonable manner.
More Definitions of Strike Price
Strike Price means the per-Share price used as the baseline measure for the value of a SAR, as specified in the Award Agreement.
Strike Price means initially on the First Trading Date the initial Strike Price specified in the Table (the "Initial Strike Price"). Thereafter,
Strike Price means the Strike Price specified in the Table.
Strike Price in respect of any Option, means the price at which the Currency Pair may be exchanged, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.
Strike Price means in relation to a call option, the price specified in the option that must be paid by the option holder to acquire the underlying security or, in relation to a put option, the price at which the option holder may sell the underlying security.
Strike Price means the price specified as such in the relevant Launch Announcement and Supplemental Listing Document, subject to any adjustment in accordance with Product Condition 3;