Strike Price definition
Examples of Strike Price in a sentence
All Curtailment Program Revenue calculations, Strike Price determinations, and credit settlements shall be documented and made available for joint review upon reasonable notice.
Notwithstanding the foregoing, solely for purposes of this Section 9(y), neither an UpREIT Reorganization nor any announcement, abandonment, discontinuation or consummation thereof shall constitute a Potential Adjustment Event or otherwise give rise to any adjustment to the Cap Price or any other term of the Transaction pursuant to this Section 9(y) except to the extent an analogous adjustment is made to the Strike Price in respect of the UpREIT Reorganization pursuant to “Method of Adjustment” above.
Upon the expiration or termination of any unexercised Option or unconverted or unexchanged Convertible Securities (or portion thereof) which resulted (either upon its original issuance or upon a revision of its terms) in an adjustment to the Strike Price pursuant to the terms of Clause 2.5.12, the Strike Price shall be readjusted to such Strike Price as would have obtained had such Option or Convertible Securities (or portion thereof) never been issued.
To the extent that the issue price of such Purchase Rights would result in an adjustment of the Strike Price pursuant to Clause 2.5.1, such adjustment shall not occur to the extent the Holders were granted the right to acquire such Purchase Rights on the applicable terms.
Simultaneously with any adjustment to the Strike Price pursuant to this Clause 2.5, the number of Warrant Shares that may be purchased upon exercise of a Warrant shall be increased or decreased proportionately so that after such adjustment the aggregate Strike Price payable hereunder for the adjusted number of Warrant Shares shall be the same as the aggregate Strike Price in effect immediately prior to such adjustment (without regard to any limitations on exercise contained herein).