exercise term

exercise term

A combination of two words, normally unclassified, used exclusively to designate a test, drill, or exercise. An exercise term is employed to preclude the possibility of confusing exercise directives with actual operations directives.
References in periodicals archive ?
All of the above proposed Warrant exercise term extensions are subject to the acceptance of the TSX Venture Exchange.
The 625,740 options have an exercise term of eight years as of the date of the offer and an exercise price of EUR 28.75 (USD 32.2).
The warrants are immediately exercisable and have an exercise term of five years and one year, respectively.
The exercise term is five years and the exercise price is USD4.44 per common share.
Each unit will consist of one Constellation common share and one whole common share purchase warrant with a five-year exercise term. On completion of the proposed restructuring, the company and Glencore will own around 52% of Constellation's outstanding common shares.
Southern District Court in Manhattan on October 20, 2000, the use of the term "Pilates" cannot be restricted by a trademark, making it as generic an exercise term as yoga or aerobics.
The two most significant variables are the expected stock price volatility and expected exercise term. The higher the expected volatility, the higher the option value and expense.
The warrants have an exercise term of eight years as of the date of the offer and an exercise price of EUR 19.38 (USD 24.9) apiece.
The warrants have an exercise term of eight years as of the date of the offer and have an exercise price of EUR14.19, which is the average closing price of the share on Euronext Brussels during the thirty days preceding the date of the offer.
Under the agreements, London Mining has allocated warrants of more than 2,768,508 shares or 2% of the existing share capital to FirstRand Bank, with extra shares release option provided that there is issuance of any new shares during the exercise term, subject to the exercise of existing outstanding share options, awards or convertible instruments.
The share purchase warrants shall expire on the earlier of the last day of the one year exercise term or the Accelerated Expiry Date.
The warrants have an exercise term of eight years as of the date of the offer and have an exercise price of 14.54 (the average closing price of the share on Euronext Brussels during the thirty days preceding date of the offer).