Cashless Exercise Ratio

Example Definitions of "Cashless Exercise Ratio"
Cashless Exercise Ratio. With respect to any exercise of this Warrant means a fraction (i) the numerator of which is the excess of (x) the 30-Day VWAP as of the day immediately preceding such exercise date over (y) the Exercise Price, and (ii) the denominator of which is the 30-Day VWAP as of the day immediately preceding such exercise date.
Found in Kohl's Corp. contract
Cashless Exercise Ratio. With respect to any exercise of this Warrant means a fraction (i) the numerator of which is the excess of (x) the 30-Day VWAP as of immediately prior to the day immediately preceding such exercise date over (y) the Exercise Price, and (ii) the denominator of which is the 30-Day VWAP as of immediately prior to the day immediately preceding such exercise date.
Found in Clean Energy Fuels Corp. contract
Cashless Exercise Ratio. With respect to any exercise of this Warrant means a fraction (i) the numerator of which is the excess of (x) the 30-Day VWAP as of the day immediately preceding such exercise date over (y) the Exercise Price, and (ii) the denominator of which is the 30-Day VWAP as of the day immediately preceding such exercise date.
Found in Graf Industrial Corp. contract
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Cashless Exercise Ratio. Means a fraction, the numerator of which is the excess of the Current Market Value (as defined below) per share of Common Stock on the Exercise Date over the Exercise Price per share as of the Exercise Date and the denominator of which is the Current Market Value per share of ... Common Stock on the Exercise Date. View More Arrow
Found in WEIGHT WATCHERS INTERNATIONAL INC contract
Cashless Exercise Ratio. Shall mean an amount equal a fraction, the numerator of which is the excess of the Current Market Value of one share of Common Stock on the date of exercise over the Exercise Price per share as of the date of exercise and the denominator of which is the Current Market Value of one share of Common Stock on the date of exercise.
Found in TERREMARK WORLDWIDE INC. contract
Cashless Exercise Ratio. With respect to any exercise of this Warrant means a fraction (i) the numerator of which is the excess of (x) the 30-Day VWAP as of the exercise date over (y) the Exercise Price, and (ii) the denominator of which is the 30-Day VWAP as of the exercise date.
Found in Jabil Circuit Inc contract
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