Aggregate Spread Value definition

Aggregate Spread Value means sum of (i) the number of Company Option Shares purchased upon exercise of the Company Stock Option multiplied by (ii) the excess, if any, of the average of the last reported sales prices on the Nasdaq Stock Market ("NASDAQ") of the Company Common Stock during the five trading days immediately preceding the Notice Date (or each applicable Notice Date, if the Company Stock Option is exercised on more than one occasion) over the Company Stock Purchase Price.
View Source
Aggregate Spread Value means, with respect to each Company Option, the amount determined by multiplying (x) the difference between the Per Share Cash Consideration and the per share exercise price applicable under such Company Option and (y) the number of shares of Company Common Stock subject to such Company Option.
View Source
Aggregate Spread Value means the product of (i) the amount of the difference between the closing price per share of Acquiror Stock on the Nasdaq National Market System (as provided by the Nasdaq National Market System or, if unavailable from such source, then as reported in the Wall Street Journal) for the date of termination of employment of the applicable employee (or, if such date is not a trading day, then for the trading day immediately preceding such date of termination) and the exercise price of each Exchange Option immediately after the Effective Time, as it may be adjusted for stock splits, stock dividends or similar events and (ii) the number of shares of Acquiror Stock issuable upon exercise of such Exchange Option.
View Source

Examples of Aggregate Spread Value in a sentence

  • Notwithstanding anything herein to the contrary, in no event shall the aggregate Put Price, together with the Aggregate Spread Value of any Optioned Shares previously exercised and the amount of the Termination Fee then payable or previously paid, exceed $200,000,000.

  • The Aggregate Spread Value shall be the sum of the Spread Values of all Optioned Shares.

  • Please provide the total number of independent written outputs, irrespective of whether they were published or not.

  • The Aggregate Spread Value shall be the sum of the Spread Value of all Optioned Shares.

  • Such adjustments shall be made in a manner that does not reduce the Aggregate Spread Value of the Rollover Options.

  • Notwithstanding anything to the contrary herein, the Exercise Price shall from time to time be adjusted so that in no event shall the Aggregate Spread Value, together with the Termination Fee, exceed $200,000,000 (it being understood that, if the Exercise Price has been increased from time to time as a result of this sentence, the Exercise Price shall from time to time be adjusted downward to the extent of any decrease in the price of the Company Common Stock).

  • Notwithstanding anything herein to the contrary, in no event shall the aggregate Put Price, together with the Aggregate Spread Value of any Optioned Shares previously exercised and the amount of the Termination Fee (as defined in Section 5.7(c) of the Merger Agreement and as may be adjusted pursuant thereto) then payable, exceed $295,000,000.


More Definitions of Aggregate Spread Value

Aggregate Spread Value means, with respect to each Company Option, the amount determined by multiplying
View Source
Aggregate Spread Value means, with respect to each Company Option, the amount determined by multiplying (x) the difference between the Per Share Cash Consideration and the per share exercise price applicable under such Company Option and
View Source
Aggregate Spread Value means, in respect of each Ultimate Parent Equity Award that is a stock option, an amount equal to (i) the number of shares of Ultimate Parent common stock subject to such stock option, multiplied by (ii) the difference, if any, of (1) the Replacement Award VWAP, minus over (2) the per-share exercise price for such stock option.
View Source
Aggregate Spread Value. Section 3.4(b) “Agreement” Preamble “Alternative Holdco” Section 3.6 “Alternative Merger 1” Section 3.6
View Source
Aggregate Spread Value means the sum of the Individual Spread Values for all Rollover Options and all Named Executive’s Rollover Options.
View Source

Related to Aggregate Spread Value

  • Aggregate Funded Spread As of any Measurement Date, the sum of: (a) in the case of each Floating Rate Obligation (other than a Defaulted Obligation) that bears interest at a spread over a reference rate based index that is a Benchmark-based Index or is the same as the then-current Benchmark applicable to the Floating Rate Debt (including, for any Permitted Deferrable Obligation, only the excess of the required current cash pay interest required by the Underlying Documents thereon over the applicable index and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation), (i) the stated interest rate spread paid in Cash on such Collateral Obligation above such index multiplied by (ii) the Principal Balance of such Collateral Obligation; provided that (i) with respect to any Floor Obligation, the stated interest rate spread paid in Cash on such Collateral Obligation over the applicable index shall be deemed to be equal to the sum of (x) the stated interest rate spread paid in Cash over the applicable index and (y) the excess, if any, of the specified “floor” rate relating to such Collateral Obligation over the greater of zero and the applicable index and (ii) the interest rate of each Step-Up Obligation will be deemed to be its current rate of interest and the interest rate of each Step-Down Obligation will be deemed to be the lowest rate of interest that such Collateral Obligation will by its terms pay in the future solely as a function of the passage of time; and (b) in the case of each Floating Rate Obligation (including, for any Permitted Deferrable Obligation, only the required current cash pay interest required by the Underlying Documents thereon and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation) that bears interest at a spread over an index other than a reference rate based index that is a Benchmark-based Index or is the same as the then-current Benchmark applicable to the Floating Rate Debt, (i) the excess of (x) the sum of such spread and the greater of such index or any applicable floor paid in Cash over (y) the Benchmark applicable to the Floating Rate Debt as of the immediately preceding Interest Determination Date (which spread or excess may be expressed as a negative percentage) multiplied by (ii) the Principal Balance of each such Collateral Obligation.

  • Aggregate Unfunded Spread As of any Measurement Date, the sum of the products obtained by multiplying (i) for each Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation (other than Defaulted Obligations), the related commitment fee rate then in effect as of such date and (ii) the undrawn commitments of each such Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation as of such date.

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Aggregate Assets Fee Rate means the quotient of fees calculated by applying “Aggregate Assets” to the “Aggregate Assets Fee Schedule” and dividing by the “Aggregate Assets.”