Examples of Determined Amount in a sentence
As per the Pizza Pizza Royalty Limited Partnership agreement, whenever the Estimated Determined Amount is negative it shall be deemed to be zero.
The number of Shares (if any) equal to (u)(i) the Cash Settlement Amount divided by (ii) the Closing Value (both terms as defined in section 2(a) above), minus (v) the Determined Amount, are the "Excess Shares".
The Determined Amount will be recalculated at any time there is an increase of 5% or more in Party B's number of Authorized Shares or Party B repurchases in excess of 5% of its Issued Shares at any time on or after the Trade Date and on or before the Settlement Date, with such recalculation to apply immediately when such increase or repurchase (as applicable) is effective.
The purchase price for the Notes shall not be less than 100% of the Determined Amount.
Notwithstanding any other provision applicable to this Transaction, if Party B exercises its right pursuant to SECTION 2(A) above to Net Share Settle this Transaction, Party B shall not be obliged to deliver, in connection with this Transaction, in excess of 4,500,000 Shares, as recalculated from time to time (the "Determined Amount").