Discretionary Adjustment. Any adjustment to the Conversion Rate pursuant to Section 4.05(h) of the Indenture. Strike Price: USD84.1907 Rounding of Strike Price/ Option Entitlement: In connection with any adjustment to the Option Entitlement or Strike Price, the Option Entitlement or the Strike Price, as the case may be, shall be rounded by the Calculation Agent in accordance with the provisions of the Indenture relating to rounding of the “Conversion Price” or the “Conversion Rate” as applicable (each as defined in the Indenture).
Discretionary Adjustment. Any adjustment to the Conversion Rate pursuant to Section 4.05(b) of the Indenture.
Discretionary Adjustment. Any adjustment to the Conversion Rate pursuant to Section 10.04(f) of the Indenture. Strike Price: As of any date, an amount in USD, rounded to the nearest cent (with 0.5 cents being rounded upwards), equal to USD 1,000 divided by the Option Entitlement as of such date.
Examples of Discretionary Adjustment in a sentence
Notwithstanding Section 11.2(e) of the Equity Definitions, a “Potential Adjustment Event” means any occurrence of any event or condition, as set forth in Sections 4.04(a), (b), (c), (d), (e), (f) or 4.05(a) of the Indenture, that would result in an adjustment under the Indenture to the “Conversion Rate” or any other term of the Convertible Notes; provided that in no event shall there be any adjustment hereunder as a result of a Fundamental Change Adjustment or a Discretionary Adjustment.
Discretionary Adjustment: Any adjustment to the Conversion Rate pursuant to Section 14.04(h) of the Indenture.
Option Entitlement: As of any date, a number of Shares per Option equal to the “Conversion Rate” (as defined in the Indenture, but without regard to any adjustments to the Conversion Rate pursuant to a Fundamental Change Adjustment or a Discretionary Adjustment).
The application of this discretionary adjustment is formally referred to as the Discretionary Adjustment Factor and may be applied only by discretionary judgment of the Committee.
Such Discretionary Adjustment shall be recommended for Committee consideration by the CEO.
More Definitions of Discretionary Adjustment
Discretionary Adjustment. Any adjustment to the Conversion Rate as set forth in the section of the Supplemental Indenture containing the provisions described in the second to last paragraph in the Prospectus Supplement under “Description of Notes — Conversion Rate Adjustments” (i.e., the paragraph commencing with “We are permitted to increase…”).
Discretionary Adjustment. Any adjustment to the “Fixed Settlement Rates” (as defined in the Purchase Contract Agreement) pursuant to Section 5.01(c) of the Purchase Contract Agreement. Strike Price: USD50.40 Cap Price: USD58.80 Rounding of Strike Price/Option Entitlement/Cap Price: In connection with any adjustment to the Option Entitlement or Strike Price, the Option Entitlement or the Strike Price, as the case may be, shall be rounded by the Calculation Agent in accordance with the provisions of the Purchase Contract Agreement relating to rounding of the “Threshold Appreciation Price” or the “Minimum Settlement Rate” as applicable (each as defined in the Purchase Contract Agreement). In connection with any adjustment to the Cap Price hereunder, the Calculation Agent will round the adjusted Cap Price to the nearest $0.0001.
Discretionary Adjustment means an adjustment by PM in the amount of PM tobacco to be processed hereunder by Contractor in any Contract Year pursuant to Section 3.8.4.
Discretionary Adjustment. Any adjustment to the Conversion Rate pursuant to Section [14.04(h)]22 of the Indenture. Strike Price: USD [ ]23 Cap Price: USD [ ] 17 Include for base capped call. 18 Include for additional capped call. 19 To be Dealer’s percentage of the overall capped call transaction. 20 To be the initial “Conversion Rate.” 21 Insert cross reference to section of the Indenture addressing “make whole fundamental change” adjustments to the Conversion Rate. 22 Insert cross reference to sections of the Indenture permitting discretionary adjustments to the Conversion Rate by Counterparty. 23 To be the initial “Conversion Price.” Rounding of Strike Price/ Cap Price/Option Entitlement: In connection with any adjustment to the Option Entitlement or Strike Price, the Option Entitlement or Strike Price, as the case may be, shall be rounded by the Calculation Agent in accordance with the provisions of the Indenture relating to rounding of the “Conversion Price” or the “Conversion Rate”, as applicable (each as defined in the Indenture). In connection with any adjustment to the Cap Price hereunder, the Calculation Agent will round the adjusted Cap Price to the nearest USD 0.0001.
Discretionary Adjustment means the authority of the Committee:
Discretionary Adjustment. Any adjustment to the “Fixed Settlement Rates” (as defined in the Purchase Contract Agreement) pursuant to Section 5.01(c) of the Purchase Contract Agreement. Strike Price: USD50.40 Cap Price: Immediately prior to the Amendment Date, USD58.80, and thereafter, the Adjusted Cap Price (as defined in Annex A).
Discretionary Adjustment. Any adjustment to the Conversion Rate pursuant to Section 13.04(h) of the Indenture. Strike Price: USD 127.2232 Cap Price: USD 212.0400 6 Include for base capped call. 7 Include for additional capped call. 8 Include for base capped call. 9 Include for additional capped call. 10 To be Dealer’s percentage of the overall capped call transaction. Rounding of Strike Price/Cap Price/Option Entitlement: In connection with any adjustment to the Option Entitlement or Strike Price, the Option Entitlement or Strike Price, as the case may be, shall be rounded by the Calculation Agent in accordance with the provisions of the Indenture relating to rounding of the “Conversion Price” or the “Conversion Rate”, as applicable (each as defined in the Indenture). In connection with any adjustment to the Cap Price hereunder, the Calculation Agent will round the adjusted Cap Price to the nearest USD 0.0001.