Warrant Entitlement definition

Warrant Entitlement initially means 1.0000 share of Common Stock per Warrant; provided, however, that the Warrant Entitlement is subject to adjustment pursuant to Sections 5(e) and 5(f). Each reference in this Warrant Agreement or any Certificate to the Warrant Entitlement as of a particular date without setting forth a particular time on such date will be deemed to be a reference to the Warrant Entitlement immediately after the Close of Business on such date.

Warrant Entitlement. One Share per Warrant Multiple Exercise: Applicable Minimum Number of Warrants: 1 Maximum Number of Warrants: 1,682,670 Strike Price: USD 80.3100 Premium: USD 27,854,000 Premium Payment Date: June 26, 2006 Exchange: The New York Stock Exchange Related Exchange(s): The principal exchange(s) for options contracts or futures contracts, if any, with respect to the Shares Exercise and Valuation: Expiration Time: The Valuation Time Expiration Date(s): Each Exchange Business Day in the period beginning on and including the First Expiration Date and ending on and including the 89th Exchange Business Day following the First Expiration Date shall be an “Expiration Date” for a number of Warrants equal to the Daily Number of Warrants on such date. Notwithstanding the foregoing and anything to the contrary in the Equity Definitions, if a Market Disruption Event occurs on any Expiration Date (including the First Expiration Date), the Calculation Agent shall (i) make adjustments, if applicable, to the Daily Number of Warrants for which such day shall be an Expiration Date and (ii) designate the Exchange Business Day immediately following such day (which may be an Expiration Date for another Daily Number of Warrants) as the Expiration Date for the remaining Daily Number of Warrants or a portion thereof for the original Expiration Date; provided that any such designation shall be subject to legal, regulatory or self-regulatory requirements and related policies and procedures applicable to JPMorgan (whether or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by JPMorgan); provided further that if such Expiration Date has not occurred pursuant to clause (ii) as of the eighth Exchange Business Day following the last scheduled Expiration Date under this Transaction, the Calculation Agent shall have the right to declare such Exchange Business Day to be the final Expiration Date and the Calculation Agent shall determine its good faith estimate of the fair market value for the Shares as of the Valuation Time on that eighth Exchange Business Day or on any subsequent Exchange Business Day, as the Calculation Agent shall determine using commercially reasonable means. First Expiration Date: July 15, 2016, subject to Market Disruption Event below. Automatic Exercise: Applicable; and means that, unless all Warrants have been previously exercised hereunder, a number of Warrants for each Expiration Date equal to the Daily Number of Warrant...

Warrant Entitlement. One Share per Warrant Strike Price: USD 105.4400 Premium: USD 12,426,300 (Premium per Warrant: USD 11.1460); provided that if the Number of Warrants is increased pursuant to the proviso to the definition of "Number of Warrants" above, there shall be an additional Premium equal to the product of the number of Additional Warrants and the Premium per Warrant (the "Additional Premium"), and such Additional Premium shall be paid by JPMorgan to Company on the Additional Premium Payment Date. Premium Payment Date: May 14, 2007 Additional Premium Payment Date: The closing date for the purchase and sale of the Additional Convertible Notes.

Examples of Warrant Entitlement in a sentence

• For the avoidance of doubt, in making any adjustments under the Equity Definitions, the Calculation Agent may make adjustments, if any, to any one or more of the Strike Price, the Number of Warrants, the Daily Number of Warrants and the Warrant Entitlement.

• The “Warrant Equity Percentage” as of any day is the fraction, expressed as a percentage, (A) the numerator of which is the sum of (1) the product of the Number of Warrants and the Warrant Entitlement and (2) the aggregate number of Shares underlying any other warrants purchased by Dealer from Company, and (B) the denominator of which is the number of Shares outstanding.

• Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii) (A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price divided by (B) such VWAP Price.

• Number of Shares to be Delivered: In respect of any Exercise Date, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii) (A) the excess, if any, of the VWAP Price on the Valuation Date occurring in respect of such Exercise Date over the Strike Price divided by (B) such VWAP Price.

• The “Warrant Equity Percentage” as of any day is the fraction, expressed as a percentage, of (1) the numerator of which is the sum of (A) the product of the Number of Warrants and the Warrant Entitlement and (B) the number of Shares underlying any Other Warrant Transaction between Counterparty as seller and Dealer as buyer and (2) the denominator of which is the number of Shares outstanding on such day.

More Definitions of Warrant Entitlement

Warrant Entitlement. One Share per Warrant Strike Price: USD 74.648

Warrant Entitlement means, for each Warrant, one share of Common Stock, as adjusted pursuant to Article 4 hereof.

Warrant Entitlement. One Share per Warrant

Warrant Entitlement. One Share per Warrant Strike Price: USD 52.00 Premium: USD 51,318,498.00 Premium Payment Date: November 15, 2005 Exchange: The New York Stock Exchange Related Exchange(s): The principal exchange(s) for options contracts or futures contracts, if any, with respect to the Shares Exercise and Valuation:

Warrant Entitlement. One Share per Warrant Strike Price: USD 37.248 Premium: USD 17,130,000 Premium Payment Date: December 23, 2004 Exchange: The NASDAQ National Market System

Warrant Entitlement. One Share per Warrant Strike Price: USD 59.4176 Applicable Percentage: 50% Premium: USD 30,200,000 (Premium per Warrant USD 6.8820).

Warrant Entitlement means, with respect to any Warrant, initially the warrant entitlement of the Transferable Stock Option that was automatically amended to create such Warrant pursuant to Section 2.01, subject to adjustment pursuant to the provisions of Article 4, Article 5 and Article 6 hereof.