We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Closing Market Price Sample Clauses

Closing Market PriceFor purposes of this Agreement, the "Closing Market Price" shall be the average of the per share closing price for Fulton Common Stock, calculated to two decimal places, for the ten (10) consecutive trading days immediately preceding the date which is two (2) business days before the Effective Date (as such term is defined in Section 9.2 herein), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System ("NASDAQ"), the foregoing period of ten (10) trading days being hereinafter sometimes referred to as the "Price Determination Period." (For example, if July 1, 2003 were to be the Effective Date, then the Price Determination Period would be June 13, 16, 17, 18, 19, 20, 23, 24, 25 and 26, 2003). In the event that NASDAQ shall fail to report a closing price for Fulton Common Stock for any trading day during the Price Determination Period, the closing price for that day shall be equal to the average of the closing bid and asked prices as quoted: (i) by X. X. Xxxxxxxxx & Company, Inc. and by Xxxx, Xxxx & Co.; or (ii) in the event that both of these firms are not then making a market in Fulton Common Stock, by two brokerage firms then making a market in Fulton Common Stock to be selected by Fulton and approved by Premier.
Closing Market Price. 3.1 Co-Bank Commitment Letter...............
Closing Market Price. 3 Section 2.2. Exchange of Stock Certificates..............................................................4 (a) Exchange Agent......................................................................................4 (b) Surrender of Certificates...........................................................................4 (c)
Closing Market PriceFor purposes of this Agreement, the --------------------- "Closing Market Price" shall be the average of the per share closing bid and asked prices for Fulton Common Stock, calxxxxxxd to two decimal places, for the ten (10) consecutive trading days immediately preceding the date which is two (2) business days before the Effective Date (as such term is defined in Section 9.2 herein), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System ("NASDAQ"), the foregoing period of ten (10) trading days being hereinafter sometimes referred to as the "Price Determination Period" (For example, if June 30, 2005 were to be the Effective Date, then the Price Determination Period would be June 14-17, June 20-24 and June 27, 2005). In the event that NASDAQ shall fail to report closing bid and asked prices for Fulton Common Stock for xxx trading day during the Price Determination Period, the closing bid and asked prices for that day shall be equal to the average of the closing bid and asked prices as quoted: (i) by F. J. Morrissey & Company, Xxx. xxx xx Xxan, Beck & Co.; xx (ix) xn the event that both of these firms are not then making a market in Fulton Common Stock, by twx xxxxerage firms then making a market in Fulton Common Stock to be sxxxxxxd by Fulton and approved by Somerset.
Closing Market PriceFor purposes of this Agreement, the -------------------- Closing Market Price shall be the average of the per share closing bid and asked prices for FFC Common Stock, calculated to two decimal places, for the ten (10) consecutive trading days during the twenty (20) trading days immediately preceding the date which is two (2) business days before the Effective Date (as such term is defined in Section 9.2 herein), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System ("NASDAQ") resulting in the lowest average, the foregoing period of twenty (20) trading days being hereinafter sometimes referred to as the "Price Determination Period" (For example, if September 30, 2000 were to be the Effective Date, then the Price Determination Period would be August 31, 2000 and September 1, 2, 5, 6, 7, 8, 11, 12, 13, 14, 15, 18, 19, 20, 21, 22, 25, 26 and 27, 2000). In the event that NASDAQ shall fail to report closing bid and asked prices for FFC Common Stock for any trading day during the Price Determination Period, the closing bid and asked prices for that day shall be equal to the average of the closing bid and asked prices as quoted: (i) by X. X. Xxxxxxxxx & Company, Inc. and by Xxxx, Xxxx & Co.; or (ii) in the event that both of these firms are not then making a market in FFC Common Stock, by two brokerage firms then making a market in FFC Common Stock to be selected by FFC and approved by SFC.
Closing Market PriceFor purposes of this Agreement, the “Closing Market Price” shall be the average of the per share closing bid and asked prices for Parent Common Stock, calculated to two decimal places, for the ten (10) consecutive trading days immediately preceding the date which is two (2) business days before the Effective Time, as reported on the New York Stock Exchange (the “Exchange”), the foregoing period of ten (10) trading days being hereinafter sometimes referred to as the “Closing Price Determination Period”.
Closing Market PriceFor purposes of this Agreement, the “Closing Market Price” shall be the average of the closing prices for C&N Common Stock, calculated to two (2) decimal places, for the ten (10) consecutive trading days immediately preceding the date which is five (5) business days before the Effective Date (the “Price Determination Period”), as reported by the Market. For example, if April 1, 2019 were to be the Effective Date, then the Price Determination Period would be March 11-15 and18-22, 2019. In the event that there is no trading activity for C&N Common Stock on the Market on a day during the Price Determination Period, the Closing Market Price shall be based on the days during the Price Determination Period during which there is trading activity.
Closing Market PriceFor purposes of this Agreement, the Closing Market Price shall be the arithmetic average of the average of the per share closing bid and asked reported prices for Sun Common Stock for the fifteen (15) trading days immediately preceding the date of receipt of the last required regulatory approval for the transactions contemplated by this Agreement, the Bank Merger Agreement and the Stock Investment Agreement from the Pennsylvania Department of Banking, the Federal Deposit Insurance Corporation, and the Board of Governors of the Federal Reserve System ("Approval Date"), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System (NASDAQ/NMS), the foregoing fifteen (15) trading days being hereinafter sometimes referred to as the "Price Determination Period." (For example, if March 3, 1997 is the Approval Date, the Price Determination Period, would be February 7, 10, 11, 12, 13, 14, 18, 19, 20, 21, 22, 25, 26, 27 and 28, 1997). In the event that NASDAQ/NMS shall fail to report closing bid and asked prices for Sun Common Stock for any trading day during the Price Determination Period, then the closing bid and asked reported prices for that day shall be equal to the arithmetic average of the closing bid and asked quoted prices as reported: (i) by Janney Montgomery Scott, Inc. xxx xy X. X. Xxxxxxxxx & Co., Inc.; xx, xx xxx xxxxt that neither of these firms is then making a market in Sun Common Stock, (ii) by two brokerage firms then making a market in Sun Common Stock to be selected by Sun and approved by FNB. The Maximum Market Price (which is subject to adjustment under Section 2.1(b) of this Article II) is Forty Dollars ($40.00) per share. As provided in Section 8.2(g) of this Agreement, the obligations of Sun and Sun Bank to consummate this Agreement is subject to the condition that the Closing Market Price not be more than the Maximum Market Price. The Minimum Market Price (which is subject to adjustment under Section 2.1(b) of this Article II) is Twenty-Eight Dollars and Forty-Four Cents ($28.44) per share. As provided in Section 8.3(d) of this Agreement, the obligations of FNB and Bucktail Bank to consummate this Agreement is subject to the condition that the Closing Market Price not be less than the Minimum Market Price.
Closing Market PriceAs soon as practicable after the determination of the amount of cash, if any, to be paid to holders of Archetype Common Stock with respect to any fractional share interests, the Exchange Agent shall make available such amounts, net of any required withholding, to such holders of Archetype Common Stock, subject to and in accordance with the terms of Section 2.7 hereof.
Closing Market Price. 4 Code .................................................................1