Average Share Price Clause Samples
The 'Average Share Price' clause defines how the average price of a company's shares is calculated over a specified period. Typically, this involves taking the closing prices of the shares over a set number of trading days and computing their arithmetic mean, which may be used in determining conversion rates, settlement amounts, or other financial calculations in the agreement. This clause ensures a fair and transparent method for valuing shares, reducing the impact of short-term price fluctuations and providing a consistent basis for financial transactions.
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Average Share Price. For purposes of determining the TSR used in the Performance Metric, the "Average Share Price" means the average daily closing price of the shares on the NASDAQ Global Select Market (or if the company is not listed on the NASDAQ Global Select Market, then on the principal securities exchange on which such shares are tracked) as published by a reputable source over the relevant measuring period.
Average Share Price. Section 1.8(a)(ii).....................4
Average Share Price. The Average Share Price is calculated based on the Fair Market Value of a Share on each day of the Measurement Period, divided by twenty (20).
Average Share Price. For any Valuation Date, the weighted average price of the Shares purchased by Party A on such Valuation Date (plus a 0.04 per share commission charged by Party A).
Average Share Price. 2.01(c) Blue Sky Laws................... 3.05(b) business day.................... 11.02(a)
Average Share Price. Average Share Price" means the average share price of UTStarcom Common Stock, calculated by dividing (i) the sum of the closing prices of UTStarcom Common Stock, as reported at the end of trading on each day during the Valuation Period, by (ii) [***].
Average Share Price. For purposes of this Agreement, the term "Average Share Price" shall mean the per share average of the closing prices of one share of Quest Common Stock on the NASDAQ National Market for the ten trading days ending with the trading day immediately prior to the Closing Date.