Test Price definition

Test Price. Test Date: Percentage of Option Shares Vested: Expiration Date: $42.00 per share 7/1/2024 100% 7/1/2034 $42.00 per share 1/1/2025 50% 7/1/2034 $42.00 per share 7/1/2025 25% 7/1/2034
Test Price means the volume-weighted average price of the Common Stock for the sixty (60) trading day period immediately preceding the relevant Test Date as calculated by Bloomberg (or its successor). For avoidance of doubt, the Test Prices and number of Option Shares set forth above shall be subject to adjustment for any capital changes of the Company as provided in Section 10.1 of the Plan. Notwithstanding the foregoing or any other provision of this Agreement to the contrary, in the event of a Change in Control, Section 10.2 of the Plan shall control the vesting, exercisability and termination of the Option.
Test Price means the volume-weighted average price of the Common Stock for the sixty (60) trading day period immediately preceding the relevant Test Date as calculated by Bloomberg (or its successor).

Examples of Test Price in a sentence

  • State Street Bank and Trust Company will at Pricing Time then calculate an indicative Net Asset Value using the Test Price and the pricing methodology described above.

  • Ellig 1998, Electricity Passes the Market Test: Price Spikes in the Summer of 1998, Mercatus Center, George Mason University, Fairfax, VA, October.

  • Four copies of the updated Unit Test Price Schedule shall be submitted to HQUSACE (CERD) no later than 15 September each year.

  • Clinical Diagnostic Laboratory Test Price Transparency.Introduced as H.R. 3248 by Reps.

  • This sum is the Total Add-On 5 Year Load Test Price.d) Divide the Total Add-On 5 Year Load Test Price by 5 to arrive at the Total Add-On Annual Load Test Price for the Region.e) Add together the Total Add-On Annual Maintenance Price and the Total Add-On Annual Load Test Price.

  • Divide the Total 5 Year Load Test Price by 5 to arrive at the Total Annual Load Test Price for the Region.

  • Add together the Total Annual Maintenance Price and the Total Annual Load Test Price.

  • This result is the Total Add-On Annual Maintenance Price for the Region.c) Add together all of the line item amounts under the heading of 5 Year Load Test Price.

  • Add together all of the line item amounts under the heading of 5 Year Load Test Price.

  • In other words, the costs were to monitor the financial viability of Emporium and essentially provide advice to them for a number of different issues.


More Definitions of Test Price

Test Price. Test Date: Percentage of Option Shares Vested: Expiration Date: $50.00 per share 7/1/2030 100% 7/1/2040 $50.00 per share 1/1/2031 50% 7/1/2040 $50.00 per share 7/1/2031 25% 7/1/2040 For avoidance of doubt, the Test Prices and number of Option Shares set forth above shall be subject to adjustment for any capital changes of the Company as provided in Section 10.7 of the Plan. Notwithstanding the foregoing or any other provision of this Agreement to the contrary, in the event of a Change in Control, Section 6.5 of the Plan shall control the vesting, exercisability and termination of the Option.

Related to Test Price

  • Lowest price means the least possible amount that meets all requirements of the request of a purchasing agent.

  • Test Date means, with respect to any Start Date, the last day of the most recent fiscal quarter of the Borrower ended immediately prior to such Start Date.

  • List Price means the list of prices of the Goods maintained by the Seller as amended from time to time;

  • Best Price means the highest price in the case of an offer to buy and the lowest price in the case of an offer to sell;

  • Catalog price means a price included in a catalog, price list, schedule, or other form that is regularly maintained by the manufacturer or vendor, is either published or otherwise available for inspection by customers, and states prices at which sales are currently, or were last, made to a significant number of buyers constituting the general public; and

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Final Price means (a) in the case of any Terminated Obligation, the amount determined pursuant to Clause 4, and (b) in the case of any Repaid Obligation, the amount determined pursuant to Clause 5, and

  • Net Price means the current price listed in the supplier’s effective price list or catalog, less any applicable trade or cash discount.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Congestion Price means the congestion component of the Locational Marginal Price, which is the effect on transmission congestion costs (whether positive or negative) associated with increasing the output of a generation resource or decreasing the consumption by a Demand Resource, based on the effect of increased generation from or consumption by the resource on transmission line loadings, calculated as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Percentage Ratio means with respect to a Trust, the percentage relationship among the Securities based on the number of contracts of each Option per Unit, the principal amount of each Bond per Unit and the number of shares of each Equity Security per Unit compared to all Securities attributable to each Unit existing immediately prior to the related additional deposit of Securities. The Percentage Ratio shall be adjusted to the extent necessary, and may be rounded, to reflect the occurrence of a stock dividend, a stock split or a similar event which affects the capital structure of the issuer of a security."

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • Reset Price means the greater of (i) 50% of the Initial Exercise Price (as adjusted for share splits, share dividends, recapitalizations and similar events pursuant to Section 3(a) hereof) and (ii) 100% of the lowest VWAP occurring on any day between the Initial Exercise Date and ninety (90) calendar days following the Issuance Date; provided that the Reset Price shall in no event be less than a floor price of 50% of the Initial Exercise Price.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.

  • percentage ratios has the meaning ascribed to it under the Listing Rules;

  • Selling Price means the same meaning as in RCW 82.08.010, except that when the product is sold under circumstances where the total amount of consideration paid for the product is not indicative of its true value. Selling price means the true value of the product sold as determined or agreed to by the ((board)) WSLCB. For purposes of this subsection:

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • forecast prices and costs means future prices and costs that are:

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".