Fractional Amount definition

Fractional Amount means the cash amount equal to the difference between the value of the number of whole shares of Common Stock issued pursuant to Paragraph (4)(b)(i) and Paragraph (4)(b)(ii)(B), as the case may be, and the value of the number of whole and fractional shares of Common Stock required to be issued pursuant to Paragraph (4)(b)(i) and Paragraph (4)(b)(ii)(B), as the case may be. For purposes of this definition, the value of the shares of Common Stock shall be determined in accordance with Paragraph 4(b)(iv).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Fractional Amount means, if ―Share Delivery‖ is specified as being applicable in the Final Terms, any fractional interest in one Share to which a Noteholder would be entitled pursuant to Condition 7(n)(iii).

Fractional Amount means any fractional interest in one Underlying Security to which a Noteholder would be entitled pursuant to Condition 7(f)(ii).

Examples of Fractional Amount in a sentence

The Fractional Amount shall be (x) reported as ordinary income for the calendar year in which such shares are issued and (y) remitted by the Company to the taxing authorities on your behalf to be applied to the federal, state, local and foreign withholding obligations imposed on the Company with respect to compensation paid to you during the calendar year in which such shares are issued.
The Fractional Amount shall not be subject to the Deferral Election or Re-Deferral Election, if any, you made pursuant to Paragraph 4 and shall be (x) reported as ordinary income for the calendar year in which such shares are issued and (y) remitted by the Company to the taxing authorities on your behalf to be applied to federal, state, local and foreign withholding obligations imposed on the Company with respect to compensation paid to you during the calendar year(s) in which such shares are issued.
The Fractional Amount shall be remitted by the Company to the taxing authorities on your behalf to be applied to federal, state, local and foreign withholding obligations imposed on the Company with respect to compensation paid to you during the calendar year in which the Vesting Date occurs.
The Fractional Amount shall be (x) reported as ordinary income for the calendar year in which such shares are issued and (y) remitted by the Company to the taxing authorities on your behalf to be applied to federal, state, local and foreign withholding obligations imposed on the Company with respect to compensation paid to you during the calendar year(s) in which such shares are issued.
The Share Fractional Amount corresponds to the number of New Shares that could be subscribed with regard to the existing shares held by the Company if the shares were not held by the Company (which may not exercise subscription rights with respect to own shares) but were held by the shareholders, to the extent the number of own shares held by the Company on the evening of [—], 2014 (record date) exceeds [—] shares.

More Definitions of Fractional Amount

Fractional Amount means, unless otherwise provided in the relevant Pricing Supplement, any fractional interest in one Share forming part of the Ratio (rounded to 4 decimal places, with 0.00005 rounded upwards).

Fractional Amount means any fractional interest in one Share to which a Securityholder would be entitled pursuant to Product Term 2(c)(iii).

Fractional Amount means the amount calculated by dividing (a) the amount of a Disbursement with respect to a Credit by (b) the number of principal installments specified in the relevant Ex-Im Bank Approval.

Fractional Amount means any fractional interest in one Share forming part of the Ratio.

Fractional Amount means any fractional interest in one Share to which a Noteholder would be entitled pursuant to Conditions 5.2A(c)(iii) (Redemption of Physically Settled Notes; Aggregate Share Amount) and 5.2B(c)(iii) (Redemption of Reverse Convertible Notes; Aggregate Share Amount).

Fractional Amount means an amount equal to the Net Proceeds of the sale of the fractional share of a Participant who requests the sale or withdrawal of all of his or her shares as described in Sections 9(b), 9(e) and 12 of the Plan, or of a Participant for whom the Committee has terminated the holding of shares by the Service Provider pursuant to Section 9(f) of the Plan.

Fractional Amount means an amount in the Investment Currency representing the Share Fraction determined by the Calculation Agent, in its sole and absolute discretion, in accordance with the following formula (rounded to two decimal places with 0.005 or above being rounded upwards):