Option Discount definition
Examples of Option Discount in a sentence
OEM Option’s MSRP Credits will be stated as the MSRP list price, with the OEM Option Discount applied.
If an OEM Option has a positive MSRP (e.g., $1.00), then the OEM Option Discount (e.g., 10%) will provide a lower OEM Option Net Price for the individual OEM Option (e.g., $1.00 MSRP x (1-10% OEM Options Discount)] = $0.90 OEM Option Net Price); OEM Option’s Net Prices shall be rounded to the nearest whole cent.
The Option Discount (OEM and Non_OEM) is set forth in Appendix D, Number 2, Price Pages.
If an Option has a positive MSRP (e.g., $1.00), then the Option Discount (e.g., 10%) will provide a lower Option Net Price for the individual Option (e.g., $1.00 MSRP x (1- 10% Options Discount)] = $0.90 Option Net Price); Option’s Net Prices shall be rounded to the nearest whole cent.
Option’s MSRP Credits will be stated as the MSRP list price, with the Option Discount applied.
If the Threshold Price is below $11.50 and equal to or above $9.50, the Call Option amount shall be $3,000,000 and the Call Option Discount Price shall be 95.50% of the VWAP.
Below are several considerations to help Company and Advisor determine the appropriate scope of services and level of compensation for an advisor.
If the Threshold Price is set below $7.50 and equal to or above $5.00, the Call Option amount shall each not exceed $2,000,000 and the Call Option Discount Price shall be reduced to 94.25% of the VWAP.
OEM Option Information (if applicable, individually listed): Manufacturer’s Option Code and Description, OEM Option MSRP, OEM Option Discount, and OEM Option Net Price or OEM Option MSRP Credit (as applicable, per sections 4.8 Ceiling Prices and 4.8.1 Charges and Fees).
With respect to any Draw Down, if the Threshold Price is set below $7.50, the maximum Draw Down Amount shall be reduced to $2,000,000, the Draw Down Discount Price shall be 94.125% and the Call Option Discount Price shall be reduced to 94.25%.