Initial Exercise Price definition

Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

Initial Exercise Price means $ per share of Common Stock.

Initial Exercise Price for any particular Warrant, means the greater of (i) $9.00 and (ii) 120% of the VWAP for the consecutive 20 Trading Days immediately prior to the date of issuance of such Warrant.

Examples of Initial Exercise Price in a sentence

• The SW Hotel Purchase Price is HK$1,580 million and the Initial Exercise Price of the North Point Hotel Option is HK$1,650 million, and assuming the NP Updated Appraised Value remains unchanged, such investment would increase the appraised value of Regal REIT’s portfolio by approximately 15.4% (from HK$21,032 million as at 31 December 2012 to HK$24,262 million).

• The Initial Exercise Price, as well as the Current Assets Adjustment, have been arrived at on a willing buyer/seller in an arm’s length transaction basis, after taking into account the NP Initial Appraised Value and completion of the NP Interior Fit-Out Programme.

• Assuming: (a) the Final Exercise Price is equal to the Initial Exercise Price, the total consideration (for the avoidance of doubt, does not include the Current Assets Adjustments) is HK$3,230 million; and (b) the Final Exercise Price is equal to the Maximum Final Exercise Price, the total consideration is HK$3,405 million.

• Such amount is equal to the Initial Exercise Price and has taken into account the rent payable under the New Lease Agreement in respect of the North Point Hotel.

• The annual rent payable in respect of the first, second and third years of the lease term shall be 5.00%, 5.25% and 5.50% respectively of the Initial Exercise Price (i.e. HK$1,650 Million; Initial Exercise Price is adopted instead of Final Exercise Price since the later has not yet been determined).

More Definitions of Initial Exercise Price

Initial Exercise Price means an amount equal to $7.01 per share.

Initial Exercise Price shall be $25.00.

Initial Exercise Price in the first paragraph of the Warrant Certificate is hereby amended to read as follows: "... at the initial exercise price of U.S. $1.25 per share (the "Initial Exercise Price") ..." All other terms and provisions of the first paragraph of the Warrant Certificate shall remain unchanged.

Initial Exercise Price means $0.20 per Warrant Share, which is the fair market value per share of Common Stock as of the Issuance Date.

Initial Exercise Price means $40.00 per share of Common Stock.

Initial Exercise Price means, with respect to each Warrant Certificate issued to a Holder on the Issue Date, $2.00.

Initial Exercise Price in the first paragraph of the Warrant Certificate are hereby amended to read as follows: ". and until 5:00 p.m., New York time, on July 16, 2004 (the "Expiration Date"), subject to the conditions set forth herein, at the initial exercise price of U.S. $0.01 per share (the "Initial Exercise Price") ." All other terms and provisions of the first paragraph of the Warrant Certificate shall remain unchanged.