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 the five trading days immediately preceding the six trading days immediately prior to the Closing 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 five consecutive trading days. The days used to obtain the five average will be the tenth trading days immediately preceding day through the six sixth trading days immediately prior to day before the Closing Datedate 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 the five trading days immediately preceding the six five trading days immediately prior to the Closing 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 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 the five following trading days immediately preceding days: 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 six trading days immediately prior to first date of the Closing Datevaluation period and the date of issuance.
Appears in 1 contract
Samples: 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 the five trading days immediately preceding the six five trading days immediately prior to the Closing Datedate the payment is due.
Appears in 1 contract
