Base Price definition

Base Price means the price to be used as the basis for determining the Spread upon the exercise of an Appreciation Right.
Base Price means the price to be used as the basis for determining the Spread upon the exercise of a Free-Standing Appreciation Right or a Tandem Appreciation Right.
Base Price means a price per Share equal to the Minimum Price (subject to adjustment for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction that occurs on or after the date of this Agreement).

Examples of Base Price in a sentence

  • Decreases in the Adjustment Factor shall never cause the Base Price to be reduced below $2.17 per 1,000 gallons.

  • Beginning on January 1, 2025, 2 and on January 1 of each subsequent year, the Base Price shall be annually adjusted by the Adjustment Factor and shall be rounded to two (2) decimal places.

  • See examples below: The CPI Data for New York-Newark-Jersey City, NY-NJ-LI (not seasonablyseasonally adjusted): July 2020 = 283.624 (actual) July 2021 = 293.872 (estimate) 293.872 – 283.624 = 10.248 10.248/283.624 = 0.0361 0.0361 + 1 = 1.0361 The Adjustment Factor would be $2.17 x 1.0361 = $2.25 resulting in a Base Price of $2.25 per 1,000 gallons thereof, effective January 1, 2022.


More Definitions of Base Price

Base Price means a price per Purchase Share equal to the Signing Market Price (subject to adjustment for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction that occurs on or after the date of this Agreement).
Base Price has the meaning set forth in Section 2.2(a).
Base Price shall have the meaning set forth in Section 1(a) hereof.
Base Price means the price at which a SAR may be exercised with respect to a Share.
Base Price means a price per Purchase Share equal to the sum of (i) the Signing Market Price and (ii) $0.0326 (subject to adjustment for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction that occurs on or after the date of this Agreement).
Base Price means, in relation to a Declared Grade of Coal produced by Seller, the pithead price notified from time to time by CIL or Seller, as the case may be; and in relation to Imported Coal, wherever applicable, shall mean its landed price intimated by CIL or the Seller, as the case may be.
Base Price means, with respect to an SAR, the initial price assigned to the SAR.