Participation Price definition

Participation Price shall have the meaning set forth in Section 7.2(b).
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Participation Price means $7.00; provided that (a) if the Corporation shall, at any time or from time to time after the Original Issue Date, (i) pay a dividend or make any other distribution upon the Common Stock payable in shares of Common Stock, or (ii) subdivide (by any stock split, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares of Common Stock, the Participation Price in effect immediately prior to any such dividend, distribution or subdivision shall be proportionately reduced; and (b) if the Corporation at any time combines (by combination, reverse stock split or otherwise) its outstanding shares of Common Stock into a smaller number of shares, the Participation Price in effect immediately prior to such combination shall be proportionately increased. Any adjustment under clause (a) or (b) of the preceding sentence of this definition shall become effective at the close of business on the date the dividend, subdivision or combination becomes effective.
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Participation Price shall have the meaning set forth in Section 4(a).
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Examples of Participation Price in a sentence

  • Participation Value means number of Participation Shares multiplied with the Participation Price.

  • Under the Performance-Based Share Program, Senior Management, after a three-year vesting period, have the right, during a period of four years thereafter, to acquire additional Investor shares (“Performance Shares”) at a price corresponding to 50 per cent of the Participation Price, (100 per cent in the programs 2009-2011), conditional upon the total return on the Investor shares exceeding a certain level during the vesting period.

  • During the same period, each Matching Option entitles the holder to purchase one Investor share at an exercise price corresponding to 120 per cent of the Participation Price.

  • The highest number of shares that can be acquired under the long-term variable remuneration program is, in order to maintain the value given above, dependent upon the Participation Price and can thus increase or decrease.

  • During the same period, each Matching Option entitles the holder to purchase one Investor share at an exercise price corresponding to 120 percent of the Participation Price.

  • Under the Performance-Based Share Program, Senior Management, after a three-year vesting period, have the right, during a period of four years thereafter, to acquire additional Investor shares (“Performance Shares”) at a price corresponding to 50 percent of the Participation Price, (100 percent in the programs 2009-2011), conditional upon the total return on the Investor shares exceeding a certain level during the vesting period.

  • ParticipationValue means number of Participation Shares multiplied with the Participation Price.

  • Evaluation method used for all proposals:Professional/Technical Qualifications Experience Other (specify) Small Business Enterprise Participation Price Total PossibleScore: 5.

  • A Participation Price of SEK 200, entails that the employees as a result of the Matching Options may acquire not more than 160,000 shares if all employees fully exercise the Stock Matching Plan possibility.

  • A Participation Price of SEK 300, entails that the employees as a result of the Matching Options may acquire not more than 105,000 shares if all employees fully exercise the Stock Matching Plan possibility.


More Definitions of Participation Price

Participation Price means, with respect to a share of Senior Preferred Stock, either (a) an amount in cash equal to the Participation Value of such share or (b) one share of Common Stock (after giving effect to any adjustments required under Section 4 or 5 of Part C of this Article FOURTH), as determined by the Corporation in its sole discretion. "Participation Value" means, with respect to a share of Senior Preferred Stock, the result obtained by dividing (a) the greater of (i) $10 million plus interest thereon at the rate of 11.38% per annum from the Closing Date to the Redemption Date, Debenture Exchange Date or Change of Control Purchase Date, as the case may be, and (ii) Determined Participation Value by (b) the number of outstanding shares of Senior Preferred Stock (after giving effect to any adjustments required under Section 4 or 5 of Part C of this Article FOURTH).
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Participation Price shall have the meaning set forth in Section 3.2(a)(i) .
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Participation Price means, as of any Redemption Date, an amount per share of the Series B Participating Preferred Stock equal to (i) the Stated Value, divided by (ii) the Conversion Price, the result of which is then multiplied by (iii) the average of the Common Stock Price for the ten trading days immediately prior to the Redemption Date; provided, however, that if all or any portion of the Participation Price is paid by the Corporation in cash, the amount of the Participation Price to be paid to the Holders in cash shall be an amount equal to the Participation Price multiplied by 0.95.
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Related to Participation Price

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Participation Amount as defined in Section 3.4(b).

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Underlying and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 9 October 2017 is 100% (in any case, it will not be below 80%).

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Optional Purchase Percentage means 5%.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments (or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding).

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.