Total Exercise Amount definition

Total Exercise Amount means the aggregate sum of [$3,268,664.32], as reduced by the Exercise Amount of each exercise hereunder.
Total Exercise Amount means the Exercise Price per unit of Precious Metal multiplied by the total quantity of Precious Metal subject to an Option.
Total Exercise Amount means the Exercise Price per unit of Bullion multiplied by the total quantity of Bullion subject to an Option.

Examples of Total Exercise Amount in a sentence

  • Payment of the Total Exercise Amount between the Grantee and the Grantor will be in U.S. dollars unless otherwise agreed and stated as such in the relevant Confirmation.

  • Unless otherwise agreed by the Parties, delivery of Precious Metal and payment of the Total Exercise Amount may be made by the Parties in accordance with any standing delivery and payment instructions previously issued by one of the Parties to the other Party and not subsequently cancelled by the issuing Party.

  • Upon such notice of exercise the Grantee shall be obliged irrevocably to buy from or sell to the Grantor, and the Grantor shall be obligated to sell to or buy from the Grantee, as the case may be, the Precious Metal subject to such Option at the Total Exercise Amount on the Settlement Date.

  • Immediately prior to and conditional upon such exercise at the Closing, the Warrant shall be automatically and with no further action amended, such that (i) the Original Exercise Price shall be the New Exercise Price, and (ii) the Original Total Exercise Amount shall be the New Total Exercise Amount.


More Definitions of Total Exercise Amount

Total Exercise Amount means the aggregate sum of $3,268,664.32, as reduced by the Exercise Amount of each exercise

Related to Total Exercise Amount

  • Exercise Amount means for any number of Warrant Shares as to which this Warrant is being exercised the product of (i) such number of Warrant Shares times (ii) the Exercise Price.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

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

  • Exercise Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Exercise Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non-waivable by either the Issuer or the Holder.