First Exercise Price definition

First Exercise Price means $14.00 per share of Common Stock purchasable upon exercise of a Warrant, such First Exercise Price to be adjusted from time to time as provided herein.
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First Exercise Price means $1.20.
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First Exercise Price means the price agreed by the Members in accordance with Section 9.06(e)(i), or in the absence of such agreement, the price determined by the Expert in accordance with Item 1 of Exhibit C.
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Examples of First Exercise Price in a sentence

  • Second Altus Warrant Instrument: On 17 October 2022, the Company created a warrant instrument pursuant to which the Company could issue 48,234,705 warrants over Ordinary Shares at an exercise price equal to the Second Exercise Price being a 100% Premium to the First Exercise Price.

  • In comparison, the discount of the First Exercise Price of 24.5% is within the range of discounts of exercise prices of the bonus issue of warrants of the Selected Companies, while the premium of the Second Exercise Price of 34.5% (which only applies if the Bonus Warrants are exercised during the Second Exercise Period) is above the upper limit of the range of premiums of exercise prices of the bonus issue of warrants of the Selected Companies.

  • Further, it is noted that the Bonus Warrants Issue is structured to encourage early exercise of the Bonus Warrants as warrantholders who exercises the Bonus Warrants only during the Second Exercise Period will be paying a much higher exercise price of S$2.28, which is approximately 78.1% higher than the First Exercise Price.

  • An estimate of the average quality difference between owner-occupied and rented dwellings is 26.3 percent – (118.4 − 0.3 × 100)/0.7 = 126.3.Insert Table 6 HereIt is noticeable that the magnitude of the quality bias falls towards the end of our sample.This pattern can be seen clearly in Table 6 and Figure 1 (as the three curves converge in 2008 and 2009).

  • In the event that the Dividend Package and Bonds Issue are approved by Shareholders and assuming that all the Bonus Warrants are subsequently converted, the estimated proceeds of the Bonus Warrants Issue will range from approximately S$900 million (where the Bonus Warrants are fully exercised at the First Exercise Price) to S$1.6 billion (where the Bonus Warrants are fully exercised at the Second Exercise Price), and the Group’s NAV will increase substantially.

  • The First Exercise Price of S$1.28 and the Second Exercise Price of S$2.28 for each Bonus Warrant represent a discount of approximately 23.16% and a premium of approximately 36.87% respectively to the volume weighted average price for trades done on the SGX-ST of S$1.6658 per Share on 30 December 2013.

  • The Distributable First Exercise Price must be distributed to the Members as soon as practicable after the First Exercise Price has been received and the Distributable First Exercise Price determined by the Board, in accordance with Section 7.03.

  • Within sixty (60) days of the date on which the First Exercise Price or the Second Exercise Price (as the case may be) is determined in accordance with Section 9.06(e), ETR (or its Permitted Transferee) (the “Right Holder”) may (but is not required to) exercise the Third Party Business Put Right or the JV Put Right (as the case may be) by giving written notice to that effect to Enexus (or its Permitted Transferee) (the “Purchaser”) and the Company (“Notice of Exercise”).

  • The Company grants to the Optionee an option (the "First Option"), exercisable for the period and upon the terms and conditions hereinafter set forth, to purchase Twenty-Four Thousand (24,000) shares of Stock at an exercise price of $0.68 per share (the "First Exercise Price").

  • In the event that such Revenues are less than $11.0 million the First Exercise Price shall be (Pounds)1.


More Definitions of First Exercise Price

First Exercise Price means, in respect of each Warrant, S$1.28 for each New Share, subject to adjustment in accordance with Condition 5;
Sample 1

Related to First Exercise Price

  • Warrant Exercise Price means $0.04 per share.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.

  • Date of Exercise means the date on which the Company shall have received (i) this Warrant (or any New Warrant, as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares so indicated by the holder hereof to be purchased.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.

  • Initial Warrant Exercise Date means __________, 1997.

  • 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.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • Merger price per share means, in the case of a merger, consolidation, sale, exchange or other disposition of assets that results in a Change of Control or going private transaction (a “Merger”), the greater of (i) the fixed or formula price for the acquisition of shares of common stock occurring pursuant to the Merger, and (ii) the highest fair market value per share of common stock during the ninety-day period ending on the date of such Change of Control or going private transaction. Any securities or property which are part or all of the consideration paid for shares of common stock pursuant to the Merger shall be valued in determining the merger price per share at the higher of (A) the valuation placed on such securities or property by the Company, person or other entity which is a party with the Company to the Merger, or (B) the valuation placed on such securities or property by the Committee.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.