Common use of Forward Price Clause in Contracts

Forward Price. On the Effective Date, the Initial Forward Price, and on any other day thereafter, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date. Initial Forward Price: USD [Insert Option Purchase Price (as such term is defined in the Underwriting Agreement)] per Share.

Forward Price. On the Effective Date, the Initial Forward Price, and on any other day thereafterday, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date. Initial Forward Price: USD $[Insert insert the Option Purchase Price (as such term is defined in the Underwriting Agreement)] per Share.

Forward Price. On the Effective Date, the Initial Forward Price, and on any other day thereafter, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date. Initial Forward Price: USD [Insert Option Purchase Price (as such term is defined in the Underwriting Agreement)] per Share. 1 To be the “Maturity Date” set forth in the Base Confirmation.

Forward Price. On the Effective Date, the Initial Forward Price, and on any other day thereafterday, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date. Initial Forward Price: USD $[Insert the Option Purchase Price (as such term is defined in the Underwriting Agreement)] per Share.