Protected Price definition
Protected Price means, with respect to any Defensive Hedge Transaction, (i) the agreed strike price at which the Eligible Counterparty to such Defensive Hedge Transaction has agreed to purchase the Fund Investment that is the subject of such Defensive Hedge Transaction or (ii) the agreed strike price under a Defensive Hedge Transaction pursuant to which the Eligible Counterparty has agreed to pay the Borrower an amount equal to the excess of the agreed strike price over the current price of the Fund Investment that is the subject of such Defensive Hedge Transaction.
Protected Price has the meaning set out in §4.1 (a) (i);
Protected Price means:
Examples of Protected Price in a sentence
The Company shall file such amendments requires to conform the Certificate of Designation so as effectuate this Protected Price provision in this Section 4.23, as and when required.
Such protection shall be in the form of a cash payment or payments by the Corporation equal to the excess of (A) the Protected Price of the stock over (B) the actual gross selling price; provided, however, that, in the alternative, the Corporation shall purchase from the Executive at the Protected Price any of such stock which the Executive does not sell within ninety (90) days after the termination of employment.
More Definitions of Protected Price
Protected Price means $0.40 per share of Common Stock, as adjusted for stock splits, stock dividends, combinations, recapitalizations and similar transactions.