Common use of Purchaser Shares Clause in Contracts

Purchaser Shares. The average closing price of the Purchaser Shares, as they are quoted on The Nasdaq National Market ("Nasdaq") during the twenty (20) business days immediately prior to the Closing Date in which at least five thousand (5,000) shares were traded, shall be less than $14.00 per share.

Appears in 2 contracts

Samples: Acquisition Agreement (Packaging Dynamics Corp), Acquisition Agreement (Packaging Dynamics Corp)

AutoNDA by SimpleDocs

Purchaser Shares. The average closing price of the Purchaser Shares, as they are quoted on The Nasdaq National Market ("Nasdaq") during the twenty (20) business days immediately prior to the Closing Date in which at least five thousand (5,000) shares were traded, shall be less greater than $14.00 10.00 per share.

Appears in 2 contracts

Samples: Acquisition Agreement (Packaging Dynamics Corp), Acquisition Agreement (Packaging Dynamics Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!