Reset Date definition

Reset Date means the First Trading Date and thereafter each day (except Saturday and Sunday) as determined in the reasonable discretion of the Determination Agent pursuant to §317 BGB and in consideration of the relevant capital market practice and by acting in good faith.
Reset Date means the First Reset Date, the Second Reset Date and each Subsequent Reset Date (as applicable);
Reset Date has the meaning assigned to such term in Section 1.05.

Examples of Reset Date in a sentence

  • If the Exercise Price is adjusted on a Reset Date pursuant to this paragraph, the number of Warrant Shares issuable hereunder shall be proportionately increased so that after such adjustment the aggregate Exercise Price payable hereunder shall equal the aggregate Exercise Price of the Warrant immediately prior to such Reset Date.

  • For the avoidance of doubt, the aggregate Exercise Price of this Warrant following any reduction in the Exercise Price of this Warrant and corresponding increase in Warrant Shares on any Reset Date shall be equal to the aggregate Exercise Price of this Warrant as determined as of the Closing Date, subject only to reductions in the aggregate number of Warrant Shares as a result of exercises of this Warrant by the Holder.

  • The initial exercise price per Ordinary Share under this Warrant shall be $_____, subject to adjustment hereunder, provided, however, that if on a Reset Date, the applicable Reset Price is less than the Exercise Price, the Exercise Price shall be decreased to such Reset Price (it being understood that no adjustment shall be made if such Reset Price is equal to or greater than the Exercise Price) (the “Exercise Price”).

  • The initial exercise price per Ordinary Share under this Warrant shall be $[ ], subject to adjustment hereunder, provided, however, that if on a Reset Date, the applicable Reset Price is less than the Exercise Price, the Exercise Price shall be decreased to such Reset Price (it being understood that no adjustment shall be made if such Reset Price is equal to or greater than the Exercise Price) (the “Exercise Price”).


More Definitions of Reset Date

Reset Date means the First Reset Date and each date falling on the fifth anniversary of the preceding Reset Date.
Reset Date means the First Call Date and each day that falls on the fifth anniversary of the immediately preceding Reset Date.
Reset Date means the first day of each Calculation Period.
Reset Date have the meanings given to those terms in the ISDA Definitions.
Reset Date as defined in Section 2.26(a).
Reset Date means the First Reset Date, the Second Reset Date and each Subsequent Reset Date (as applicable).
Reset Date means the First Reset Date and each Subsequent Reset Date (as applicable), in each case as adjusted (if so specified in the applicable Final Terms) in accordance with Condition 3(a) as if the relevant Reset Date was an Interest Payment Date;