Upper Value definition

Upper Value means (i) if the Merger occurs on or prior to February 28, 1999, $29.00 per share or (ii) if the Merger occurs after February 28, 1999, $35.00 per share.
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Examples of Upper Value in a sentence

  • The total number of Exchange Shares ("Adjusted Exchange Shares") issued in connection with the Merger shall be determined by multiplying 893,617 by the Upper Value (if the Designated Maxw▇▇▇ ▇▇▇ck Price exceeds the Upper Value), or by the Lower Value (if the Designated Maxw▇▇▇ ▇▇▇ck Price is less than the Lower Value) and dividing the product so obtained (the "Adjusted Total Transaction Value") by the Designated Maxw▇▇▇ ▇▇▇ck Price (rounded to the nearest whole share).

Related to Upper Value

  • SPS AER Value means the Underlying Reference Value.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7.