Common use of Price of the Parent’s Shares Clause in Contracts

Price of the Parent’s Shares. The closing price of the common shares of the Parent as reported on Nasdaq at the close of business on the last trading day immediately prior to the IDIT Closing Date shall not be less than US$3.50 per share.

Appears in 2 contracts

Samples: Share Purchase Agreement (Sapiens International Corp N V), Share Purchase Agreement (Kardan Technologies Ltd.)

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Price of the Parent’s Shares. The closing price of the common shares of the Parent as reported on Nasdaq at the close of business on the last trading day immediately prior to the IDIT FIS Closing Date shall not be less than US$3.50 per share.

Appears in 2 contracts

Samples: Share Purchase Agreement (Sapiens International Corp N V), Share Purchase Agreement (Kardan Technologies Ltd.)

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