Common use of Current Market Price Clause in Contracts

Current Market Price. In subsections (b) and (c) of this Section 10 the current market price per share of Common Stock on any date is the average of the Quoted Prices of the Common Stock for 30 consecutive trading days commencing 45 trading days before the date in question. The “Quoted Price” of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQ, National Market System, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company shall determine the current market price on the basis of such quotations as it in good faith considers appropriate.

Appears in 2 contracts

Samples: Recapitalization Agreement (Singapore Technologies Telemedia Pte LTD), Recapitalization Agreement (Global Crossing LTD)

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Current Market Price. In subsections (b) and (c) of this Section 10 the The current market price per share of Common Stock (the "CURRENT MARKET PRICE") on any date is the average of the Quoted Prices of the Common Stock for 30 consecutive trading days commencing 45 trading days before the date in question. The "Quoted Price" of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQ, NASDAQ National Market System, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company Holdings shall determine the current market price on the basis Current Market Price pursuant to CLAUSE (N) of such quotations as it SECTION 10 in good faith considers appropriatefaith.

Appears in 2 contracts

Samples: Warrant Agreement (Railamerica Inc /De), Warrant Agreement (Railamerica Inc /De)

Current Market Price. In subsections (b) and (c) For purposes of this Section 10 8, the -------------------- current market price per share of Common Stock on any date is the average of the Quoted Prices of the Common Stock for the 30 consecutive trading days commencing 45 trading days before the date in question. The "Quoted Price" of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQ, National Market System, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company shall determine the current market price on the basis of such quotations as it in good faith considers appropriate.

Appears in 1 contract

Samples: Warrant Agreement (Alyn Corp)

Current Market Price. In subsections (bSections 11(b) and (c) of this Section 10 hereof, the current market price per share of Common Stock on any date is the average of the Quoted Prices of the Common Stock for 30 consecutive trading days commencing 45 trading days before prior to the date in question. The "Quoted Price" of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQ, the Nasdaq National Market Systemor, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or or, if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company shall determine the current market price on the basis of such quotations as it in good faith considers appropriate.

Appears in 1 contract

Samples: Warrant Agreement (Advanced Radio Telecom Corp)

Current Market Price. In subsections (b) and (c) of this Section 10 the The current market price per share of Common Stock (the "Current Market Price") on any date is the average of the Quoted Prices of the Common Stock for 30 consecutive trading days commencing 45 trading days before the date in question. The "Quoted Price" of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQNasdaq, National Market System, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company shall determine the current market price Current Market Price pursuant to Section 1.4(n) in good faith on the basis of such quotations as it in good faith considers appropriatequotations.

Appears in 1 contract

Samples: Deferral Loan and Lease Modification Agreement (Praegitzer Industries Inc)

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Current Market Price. In subsections (b) and subsection (c) of this Section 10 11, the current market price per share of Common Stock on any date is the average of the Quoted Prices of the Common Stock for 30 20 consecutive trading days commencing 45 30 trading days before the date in question. The “Quoted Price” "QUOTED PRICE" of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQ, the Nasdaq National Market SystemMarket, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company shall determine the current market price on the basis of such quotations as it in good faith reasonably considers appropriate.

Appears in 1 contract

Samples: Warrant Agreement (Anc Rental Corp)

Current Market Price. In subsections (b) and subsection (c) of this Section 10 11A, the current market price per share of Common Stock on any date is the average of the Quoted Prices of the Common Stock for 30 20 consecutive trading days commencing 45 30 trading days before the date in question. The “Quoted Price” "QUOTED PRICE" of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQ, the Nasdaq National Market SystemMarket, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company shall determine the current market price on the basis of such quotations as it in good faith reasonably considers appropriate.

Appears in 1 contract

Samples: Warrant Agreement (Anc Rental Corp)

Current Market Price. In subsections (b) and (c) of this Section 10 the current market price per share of Common Stock on any date is the average of the Quoted Prices of the Common Stock for 30 consecutive trading days commencing 45 trading days before the date in question. The "Quoted Price" of the Common Stock is the last reported sales price of the Common Stock as reported by NASDAQ, on the Nasdaq National Market SystemMarket, or if the Common Stock is listed on a securities exchange, the last reported sales price of the Common Stock on such exchange which shall be for consolidated trading if applicable to such exchange, or if neither so reported or listed, the last reported bid price of the Common Stock. In the absence of one or more such quotations, the Board of Directors of the Company shall determine the current market price on the basis of such quotations as it in good faith considers appropriate.

Appears in 1 contract

Samples: Warrant Agreement (MRV Communications Inc)

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