Cap Price definition

Cap Price means the higher end of the Price Band, above which the Offer Price and the Anchor Investor Offer Price will not be finalised and above which no Bids will be accepted.

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Cap Price. As provided in Annex A to this Confirmation. Premium: As provided in Annex A to this Confirmation. Premium Payment Date: The Effective Date Exchange: The NASDAQ Global Select Market Related Exchange: All Exchanges Procedures for Exercise: Exercise Dates: Each Conversion Date.

Cap Price or “floor price” – it shall mean the Strike Price per Commodity Option Unit. 11/ “Transaction Date” – shall mean the Date of Entering Into the Transaction.

Examples of Cap Price in a sentence

• For any Valid Day, an amount equal to (i) the Option Entitlement on such Valid Day, multiplied by (ii) (A) the lesser of the Relevant Price on such Valid Day and the Cap Price, less (B) the Strike Price on such Valid Day; provided that if the calculation contained in clause (ii) above results in a negative number, the Daily Option Value for such Valid Day shall be deemed to be zero.

• Each of Counterparty and Parent represents that it could have purchased a number of Shares equal to (i) the product of the Number of Options, Option Entitlement and the amount by which the Cap Price exceeds the Strike Price, divided by (ii) the Cap Price, on the Exchange or otherwise, in compliance with applicable law, its organizational documents and any orders, decrees and contractual agreements binding upon Counterparty or Parent, on the Trade Date.

• If the Calculation Agent determines that such cumulative economic effect on the Transaction is material, then on the Announcement Event Adjustment Date for such Transaction, the Calculation Agent will make such adjustment to the Cap Price (but, for the avoidance of doubt, to no other term relevant to the exercise, settlement or payment of such Option) as the Calculation Agent determines appropriate to account for such economic effect.

• On any Valid Day during any Settlement Averaging Period for which the closing price of the Shares on the Exchange on the immediately preceding Scheduled Trading Day was equal to or greater than the Cap Price, the Shares or securities that are convertible into, or exchangeable or exercisable for, Shares, are not, and shall not be, subject to a “restricted period,” as defined in Regulation M.

• Strike Price: USD 109.7719 Cap Price: USD 156.2140 Rounding of Strike Price/ Cap Price/Option Entitlement: In connection with any adjustment to the Option Entitlement, Strike Price or Cap Price, such term shall be rounded by the Calculation Agent in accordance with the provisions of the Indenture relating to rounding of the “Conversion Price” (in the case of the Strike Price or Cap Price) or the “Conversion Rate” (in the case of the Option Entitlement) (each as defined in the Indenture).

More Definitions of Cap Price

Cap Price means higher end of the Price Band, subject to any revisions thereto, above which the Offer Price and Anchor Investor Offer Price will not be finalised and above which no Bids will be accepted. The Cap Price shall be at least 105% of the Floor Price.

Cap Price means the quotient obtained by dividing (a) US$850 Million by (b) the Treasury Share Amount.

Cap Price or "Price Cap" - means the maximum price, applicable only to On-Net Transport Services or On-Net Ancillary Services as set forth in the relevant portion of Schedule A, that SBCS will be charged by Will▇▇▇▇ ▇▇▇ed on volume as set forth in Schedule A.

Cap Price means the price per share specified as such in the Supplemental Terms Notice, which shall be equal to 115% of the Hedge Execution Price.

Cap Price shall have the meaning set forth in Section 6.5.

Cap Price means $18.00 per share of Conversion Shares (such amount to be adjusted appropriately for stock splits, stock dividends, combinations, recapitalizations and the like).”

Cap Price means if the Issue Date of this Note is on or before July 31, 2021, the per share price calculated by dividing $7,000,000 by the total number of fully diluted Equity Securities of the Company as of the date of conversion (excluding any shares that were issued as part of a Qualified Financing or pursuant to the conversion of any Notes)