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: 2,524,005 Strike Price: USD 80.3100 Premium: USD 41,781,000 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 BofA (whether or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by BofA); 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 Warrants (as ad...

Warrant Entitlement. One Share per Warrant Strike Price: USD 35.00 Premium: USD 27,334,800.00 (Premium per Warrant: USD 5.9687); 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 Warrants by which the Number of Warrants is so increased 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: January 22, 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.

• 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.

• 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 of the VWAP Price on the Valuation Date occurring in respect of such Exercise Date over the Strike Price (or, if there is no such excess, zero) divided by (B) such VWAP Price.

More Definitions of Warrant Entitlement

Warrant Entitlement. One Share per Warrant

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

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

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.

Warrant Entitlement. (each as defined below) shall be used herein as if such terms were referred to as "Option Style", "Option Type", "Number of Options" and "Option Entitlement", respectively, in the Definitions. This Confirmation evidences a complete binding agreement between you and us as to the terms of the Transaction to which this Confirmation relates. This Confirmation (notwithstanding anything to the contrary herein), shall be subject to an agreement in the 1192 form of the ISDA Master Agreement (Multicurrency Cross Border) (the "MASTER AGREEMENT" or "AGREEMENT") as if we had executed an agreement in such form (but without any Schedule and with elections specified in the "ISDA Master Agreement" Section of this Confirmation) on the Trade Date of the first such Transaction between us. In the event of any inconsistency between the provisions of that Agreement and this Confirmation, this Confirmation will prevail for the purpose of this Transaction. The terms of the particular Transaction to which this Confirmation relates are as follows:

Warrant Entitlement. One Share per Warrant Strike Price: USD80.00. Notwithstanding anything to the contrary in the Agreement, this Confirmation or the Equity Definitions, in no event shall the Strike Price be subject to adjustment to the extent that, after giving effect to such adjustment, the Strike Price would be less than USD45.14, except for any adjustment pursuant to the terms of this Confirmation and the Equity Definitions in connection with a stock split or similar change to Issuer’s capitalization. Number of Shares: As of any date, a number of Shares equal to the product of the Number of Warrants and the Warrant Entitlement. Premium: USD4,140,000 Premium Payment Date: The Effective Date Exchange: The NASDAQ Global Select Market Related Exchange: All Exchanges Procedures for Exercise: In respect of any Component: Expiration Time: Valuation Time