Strike Price definition

Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.
Strike Price means initially on the First Trading Date the initial Strike Price specified in the Table (the "Initial Strike Price"). Thereafter, the Strike Price will be adjusted by the Determination Agent on each Reset Date and applies from, and including, such Reset Date until, but excluding, the next following Reset Date. Each adjusted Strike Price (excluding the Initial Strike Price) will be calculated as follows:Strike Priceprevious x [1 + (Reference Interest Rate + Interest Adjustment Rate) x Adjustment Days] – Dividend
Strike Price means 100.00 per cent. of the Closing Price of the Reference Asset on the Strike Fixing Date.

Examples of Strike Price in a sentence

  • For the avoidance of doubt, in no event shall Lender be required to apply any portion of the Rate Cap Reserve Funds to the payment of any Debt Service resulting from LIBOR being in excess of the applicable Alternate Strike Price.

  • In the event that the Bid Facility obtains financing from or supported by the U.S. Department of Energy’s Loan Program Office, the Index REC Strike Price or Fixed REC Price shall be reduced by one percent (1%).

  • In the event that the calculation of the Monthly REC Price results in an amount that exceeds the Index REC Strike Price for a given month, then the Monthly REC Price shall equal the Index REC Strike Price for that month.


More Definitions of Strike Price

Strike Price means the Strike Price specified in the Table.
Strike Price means initially on the First Trading Date the initial Strike Price specified in the Table (the "Initial Strike Price"). Thereafter,
Strike Price means the per-Share price used as the baseline measure for the value of a SAR, as specified in the Award Agreement.
Strike Price in respect of any Option, means the price at which the Currency Pair may be exchanged, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.
Strike Price means in relation to a call option, the price specified in the option that must be paid by the option holder to acquire the underlying security or, in relation to a put option, the price at which the option holder may sell the underlying security.
Strike Price means in respect of a Security, 100.0000% of the Initial Price of such Security.