AGREED VALUE OF PARENT STOCK. For purposes of this Agreement, the "Agreed Value" per share of Parent Stock shall be the average of the closing prices of a share of the common stock of Parent, $.01 par value per share, on the American Stock Exchange as reported in THE WALL STREET JOURNAL for a period of five consecutive trading days. The days used to obtain the average will be the tenth trading day through the sixth trading day before the date of Closing.
Appears in 2 contracts
Samples: Purchase and Sale of Assets Agreement (U S Liquids Inc), Purchase and Sale of Assets Agreement (U S Liquids Inc)
AGREED VALUE OF PARENT STOCK. For purposes of this Agreement, the "Agreed Value" per share of Parent Stock shall be the average of the closing prices of a share of the common stock of Parent, $.01 par value per share, on the American Stock Exchange as reported in THE WALL STREET JOURNAL for a period of the five consecutive trading days. The days used immediately preceding the six trading days immediately prior to obtain the average will be the tenth trading day through the sixth trading day before the date of ClosingClosing Date.
Appears in 2 contracts
Samples: Stock Purchase Agreement (U S Liquids Inc), Stock Purchase Agreement (U S Liquids Inc)
AGREED VALUE OF PARENT STOCK. For purposes of this Agreement, the "Agreed Value" per share of Parent Stock shall be the average of the closing prices of a share of the common stock of Parent, $.01 par value per share, on the American Stock Exchange as reported in THE WALL STREET JOURNAL for a period of the five consecutive trading days. The days used immediately preceding the five trading days immediately prior to obtain the average will be the tenth trading day through the sixth trading day before the date of ClosingClosing Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (U S Liquids Inc)
AGREED VALUE OF PARENT STOCK. For purposes of this Agreement, the "Agreed Value" per share of Parent Stock shall be the average of the closing prices of a share of the common stock of Parent, $.01 par value per share, on the American Stock Exchange as reported in THE WALL STREET JOURNAL for a period of the five consecutive trading days. The days used immediately preceding the five trading days immediately prior to obtain the average will be the tenth trading day through the sixth trading day before the date of Closingthe payment is due.
Appears in 1 contract
Samples: Purchase of Membership Interests Agreement (U S Liquids Inc)
AGREED VALUE OF PARENT STOCK. For purposes of this Agreement, the "Agreed Value" per share of Parent Stock shall be the average of the closing prices of a share of the only class of common stock of Parent, $.01 par value per share, on the American Stock Exchange as reported in THE WALL STREET JOURNAL for a period of five consecutive the following trading days. The days used to obtain : December 24, 1997; December 26, 1997; December 29, 1997; December 30, 1997; and December 31, 1997, adjusted for any stock splits, stock dividends and other capital changes between the average will be first date of the tenth trading day through the sixth trading day before valuation period and the date of Closingissuance.
Appears in 1 contract
Samples: Purchase and Sale of Assets Agreement (U S Liquids Inc)
