Acceleration Price definition

Acceleration Price means (i) in the case of a Restricted Stock Award, the highest of (A) through (D); and (ii) in the case of an Option or SAR, the excess over the exercise or base price thereof of the highest of (A) through (D), on the date of a Change in Control:
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Acceleration Price is defined in Section 13.2(A) hereof.
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Acceleration Price shall have the meaning set forth in Section 5(b).
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Examples of Acceleration Price in a sentence

  • The provisions of this Section 5(b) shall not be deemed to restrict the ability of the Holder to convert the Note pursuant to the provisions of Section 3 at any time and from time before the Holder receives the Triggering Event Acceleration Price.

  • If the Company shall fail to pay the applicable Mandatory Payment Price to the Holder on a timely basis as described in this Section 6(c) (other than pursuant to a dispute as to the determination of the arithmetic calculation of the Acceleration Price), in addition to any remedy the Holder may have under this Note, such unpaid amount shall bear interest at the Default Rate until paid in full.

  • Accelerated Bonds shall be payable at a price equal to 100% of the aggregate principal amount thereof plus interest accrued to the Acceleration Date (the "Acceleration Price").

  • The Company may not exercise its right to accelerate the Securities unless the Current Market Price determined as of the second Business Day immediately preceding the Notice Date is equal to or exceeds the Company Acceleration Price applicable to such Notice Date.

  • Except as provided in Sections 5.05, 5.09 and 6.11 hereof, moneys in the Bond Fund shall be used solely for the payment of the principal of, premium, if any, and interest on the Bonds, for the redemption of the Bonds prior to maturity and for payment of the Acceleration Price as defined in Section 8.02 hereof.

  • In the event of a dispute as to the determination of the arithmetic calculation of the Acceleration Price, such dispute shall be resolved pursuant to Section 3(d)(iii) above.

  • Upon declaring the Bonds immediately due and payable in accordance with the foregoing paragraph, the Trustee shall immediately exercise such rights as it may have under the Loan Agreement to declare all payments thereunder to be immediately due and payable and shall immediately make a draw upon the Letter of Credit for the amount that is required to pay the Acceleration Price on the Payment Date.

  • Except as provided in Sections 5.05, 5.09 and 6.11 of this Indenture, money in the Bond Fund shall be used solely for the payment of the principal of, premium, if any, and interest on the Bonds, for the redemption of the Bonds prior to maturity and for payment of the Acceleration Price, as defined in Section 8.02 of this Indenture.

  • If any holder of any Note shall exercise the option specified in this Subparagraph (A), the Borrower shall forthwith give written notice thereof to the holders of all other outstanding Notes and each such holder may (whether or not such notice is given or received), by written notice to the Borrower, declare the principal of all Notes held by it to be, and the same shall forthwith become, immediately due and payable, at a price equal to the Acceleration Price.

  • Promptly after a Major Transaction and provided that the consideration per share of Common Stock in any such Major Transaction is not less than $1.50 per share (subject to adjustment for the events set forth in Section 3(c)(i) & (ii) hereof), the Company shall be required to prepay the Outstanding Principal Amount of the Note in an amount equal to 105% of the Outstanding Principal Amount being prepaid, plus accrued and unpaid interest to the date of such prepayment ("Major Transaction Acceleration Price").


More Definitions of Acceleration Price

Acceleration Price means the excess over the reference price of an Equity Participation Right of the highest of (A) through (D), on the date of a Change in Control:
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Acceleration Price means the highest of:
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Acceleration Price. : means the price of reference for the purposes of the occurrence of the event subject to the Acceleration Notice, i.e., €13 per Share.
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Acceleration Price means $9.47.
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Acceleration Price means, with respect to a particular Interfering Event, 70% of the lowest CBP from the start of that Interfering Event through and including the Trading Day which is two Trading Days before the delivery to the Investor of the applicable Mandated Acceleration Shares.
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Related to Acceleration Price

  • Acceleration Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Redemption Price or Repurchase Price means the amount to be paid to the relevant Holder upon redemption of that Unit, such amount to be determined pursuant to this document.

  • Termination Price As defined in Section 9.01.

  • Acceleration as defined in Subsection 9.1(e).