Offer Spread definition

Offer Spread means an amount equal to the product computed by multiplying (1) the excess of (A) the Offer Value Per Share over (B) the Exercise Price per Share as set forth in Section 3 of this Agreement, by (2) the number of Shares with respect to which the Limited Stock Appreciation Right is being exercised.

Offer Spread means, in respect of a Reference Obligation the subject of a Removal, an offer side quotation (expressed as a percentage per annum) given by the Swap Counterparty in a Notice of Trade Information, or, if applicable, a Revised Notice of Trade Information, in its capacity as a dealer in the credit default swap market, to act as protection seller in respect of a credit default swap based on the Quotation CDS;

Offer Spread means, in respect of a Replaced Entity and a Replacement, the offer price specified by the Structured Credit Desk of Swap Counterparty on the Replacement Compliance Date in respect of such Replaced Entity and Replacement.

Examples of Offer Spread in a sentence

• The term “Limited SAR” shall mean a right granted under this Plan with respect to a Related Option or Related Performance Award, that shall entitle the Holder to an amount in cash equal to the Offer Spread in the event an Offer is made.

• The term "Offer Spread" as used in this paragraph 9 shall mean an amount equal to the product computed by multiplying (i) the excess of (A) the Offer Price per Share over (B) the option price per share of Common Stock at which the related option is exercisable, by (ii) the number of shares of Common Stock with respect to which such limited right is being exercised.

• The term "Limited SAR" shall mean a right granted under this Plan with respect to a Related Option or Related Performance Award, that shall entitle the Holder to an amount in cash equal to the Offer Spread in the event an Offer is made.

• The term "LIMITED SAR" shall mean a right granted under this Plan with respect to a Related Option or Related Performance Award, that shall entitle the Holder to an amount in cash equal to the Offer Spread in the event an Offer is made.

• The term "Offer Spread" as used in this Section 10 shall mean an amount equal to the product computed by multiplying (i) the excess of (A) the Offer Price per Share over (B) the Option Price per share of Common Stock at which the Related LSAR Option is exercisable, by (ii) the number of shares of Common Stock with respect to which such Limited Right is being exercised.

More Definitions of Offer Spread

Offer Spread means the fee charged by the Approved Trustee upon subscription of units of a constituent fund by a Member. Offer spread does not apply to the BCOM MPF Conservative Fund. Offer spread for a transfer of benefits can only include necessary transaction costs incurred or reasonably likely to be incurred in selling or purchasing investments in order to give effect to the transfer and are payable to a party other than the Approved Trustee.

Offer Spread means, in respect of an actual or a proposed Replaced Reference Entity: (a) where the Portfolio Manager has specified an Alternative Quotation in respect of such Replaced Reference Entity in the relevant Substitution Notice, the relevant Alternative Quotation and (b) otherwise, the Counterparty Offer Spread.

Offer Spread means the offer spread (or an amount equivalent thereto) referred to in Clause 17. Offer Spread at the constituent fund level for a transfer of Accrued Benefits will only include Necessary Transaction Costs;

Offer Spread as used in this paragraph 9 shall mean an amount equal to the product computed by multiplying (i) the excess of (A) the Offer Price per Share over (B) the option price per share of Common Stock at which the related option is exercisable, by (ii) the number of shares of Common Stock with respect to which such limited right is being exercised.

Offer Spread means, in respect of a Replacement Transaction, the offer price specified by the Structured Credit Desk of Issuer in its sole discretion on the Replacement Compliance Date in respect of such Replacement Transaction.

Offer Spread means, in respect of each proposed Replaced Reference Entity, an offer quotation (expressed as a percentage per annum) for the Swap Counterparty to act as protection seller in respect of a credit default swap referencing such proposed Replaced Reference Entity based on the Standard Terms (the scheduled termination date under such Standard Terms being the same as the Scheduled Termination Date under the relevant Portfolio Credit Default Swap), for which the Floating Rate Payer Calculation Amount is equal to the relevant Delta Amount for such proposed Replaced Reference Entity;

Offer Spread means the Offer Spread (or an amount equivalent thereto) referred to in Clause 7.3;