Adjusted Strike Price definition

Adjusted Strike Price means 107% of the closing price of the Common on the NASDAQ National Market on the trading day prior to the execution and delivery of the Subscription Agreements.
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Adjusted Strike Price means the Existing Strike Price of the applicable Company Option divided by 0.72.
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Adjusted Strike Price means, if an Early Termination Date occurs on a Scheduled Potential Exercise Date, the Strike Price on such date or, otherwise, an amount determined based on the following formula:
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Examples of Adjusted Strike Price in a sentence

  • The members of the Board of Directors confirm that, to the best of their knowledge, the information contained in the Prospectus, including the Securities Note, is in accordance with the facts and contains no omission likely to affect its import.

  • JPMorgan warned Tesla, however, that failure to settle at the Adjusted Strike Price would, if not cured after notice, constitute an Event of Default.

  • Tesla has breached the Agreements by failing to settle the 2021 Warrants at the Adjusted Strike Price upon expiration; by failing to cure its Potential Events of Default after notice from JPMorgan; and by failing to pay the Early Termination Amount when due on August 5, 2021.

  • In addition, the Issuer shall adjust the Call Price and/or Strike Price in accordance with the following formulas: Adjusted Call Price (rounded to the nearest 0.001) Adjusted Strike Price (rounded to the nearest 0.001) = Call Price x 1 Adjustment Component = Strike Price x 1 Adjustment Component Adjustment to the Call Price and/or Strike Price shall take effect on the same day that the Entitlement is adjusted.

  • It can be seen that the Adjusted Strike Price for 2023/24 and the subsequent adjustment periods shown in Example B would be lower than in the corresponding periods in Example A.

  • It has to be noted that the Adjusted Strike Price results from an adjustment of the Strike Price on a daily basis by an Adjustment Amount which is determined once within the relevant Adjustment Period.

  • Under the influence of high-priced pulp inventory and rising energy prices, production costs of the Company rose sharply compared to the same period of the previous year.

  • If the Adjustment Amount applicable during an Adjustment Period is a positive amount, the Adjusted Strike Price will increase.

  • If the Adjustment Amount applicable during an Adjustment Period is a negative amount, the Adjusted Strike Price will decrease.

  • The Adjusted Strike Price and the Adjusted Call Price shall be rounded to the nearest 0.001.


More Definitions of Adjusted Strike Price

Adjusted Strike Price means, in relation to the Shares of a Share Issuer, an amount equal to the product of (i) the relevant Strike Price Adjustment Percentage and (ii) the Strike Price of such Shares;
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Adjusted Strike Price means the Strike Price multiplied by the amount equal to the Euro exchange rate published at reuters.com as of the applicable date. “Affiliate” means any individual or entity who or which is affiliated (verbunden) with the Party concerned within the meaning of sec. 15 et seq. AktG. “Agreement” has the meaning specified in Preamble no (6).
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Adjusted Strike Price means the Strike Price multiplied by the amount equal to the Euro exchange rate published at xxxxxxx.xxx as of the applicable date.
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Adjusted Strike Price has the meaning specified in Section 8(a).
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Related to Adjusted Strike Price

  • 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.

  • Underlying Reference Strike Price means, in respect of an Underlying Reference, the Underlying Reference Closing Price Value for such Underlying Reference on the Strike Date.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.

  • Base Price means the price to be used as the basis for determining the Spread upon the exercise of an Appreciation Right.

  • Stock Price shall have the meaning specified in Section 14.03(c).

  • Substitute Award means an Award granted under the Plan upon the assumption of, or in substitution for, outstanding equity awards previously granted by a company or other entity in connection with a corporate transaction, such as a merger, combination, consolidation or acquisition of property or stock; provided, however, that in no event shall the term “Substitute Award” be construed to refer to an award made in connection with the cancellation and repricing of an Option or Stock Appreciation Right.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.