Relevant Share definition
Examples of Relevant Share in a sentence
For any Valuation Date, subject to the provisos to “Expiration Dates” above, the sum of the products of the Relevant Share Prices (as defined below) on such Valuation Date for each Share comprising the Basket multiplied by the relevant Number of Shares comprising the Basket.
Funding 1's share and the Seller's share of the Losses shall be determined by multiplying the Losses in the relevant Calculation Period by the Current Funding 1 Share Percentage, (as calculated on the Relevant Share Calculation Date), the product of which shall be allocated to Funding 1, and the remainder of such Losses shall be allocated to the Seller, on each Calculation Date, in each case prior to calculating the allocation of Mortgages Trustee Available Principal Receipts on that Calculation Date.
Prior to acquiring any Relevant Shares from any Person, the acquiring CVH Party or Fintech Party (or the Veto Third Party Shareholder, if applicable) shall provide notice to the CVH Parties or the Fintech Parties (or the Veto Third Party Shareholder, as applicable), of such opportunity to acquire Relevant Shares, which notice shall include the proposed number of Relevant Shares to be acquired and the price per Relevant Share.
The number of New Shares shall be calculated as follows: ; where, Exchange Rate is the US$/Euro exchange rate published by Bloomberg one day prior to the Resolution Date; Relevant Share Price is the price of MORPHOSYS shares traded on the Neuer Markt stock exchange as fixed in the Xetra afternoon auction (Xetra Nachmittagsauktion) one day prior to the Resolution Date; and fractions of shares shall not be taken into account.
In this clause 8A, the expression Sale Price means, in respect of a Relevant Share, the sum of $0.01.