Share Value. Whenever shares of IHS Stock are to be delivered pursuant to this Agreement, the number of shares of IHS Stock shall be valued as of the applicable date of determination by using the average closing New York Stock Exchange ("NYSE") price of IHS Stock for the twenty (20) trading day period ending on the date which is two (2) trading days prior to the applicable date of determination.
Appears in 1 contract
Samples: Property Purchase Agreement (Integrated Health Services Inc)
Share Value. Whenever shares of IHS Stock are to be delivered pursuant to this Agreement, the The number of shares of IHS Stock issuable upon execution of this Agreement (the "EXECUTION DATE SHARE COUNT") shall be valued as calculated based upon a price per share of the applicable date of determination by using such stock equal to the average closing New York Stock Exchange ("NYSE") price of IHS Stock such stock for the twenty five (205) trading day period ending on immediately preceding the date which is two (2) trading days prior to before the applicable date of determinationhereof (the "TRADE PRICE").
Appears in 1 contract
Samples: Agreement for Sale and Purchase of Assets (Integrated Health Services Inc)
Share Value. Whenever shares of IHS Stock are to be delivered pursuant to this Agreement, the The number of shares of IHS Stock issuable upon execution of this Agreement (the "EXECUTION DATE SHARE COUNT") shall be valued as calculated based upon a price per share of the applicable date of determination by using such stock equal to the average closing New York Stock Exchange ("NYSE") price of IHS Stock such stock for the twenty thirty (2030) trading day period ending on immediately preceding the date which is two (2) trading days prior to before the applicable date of determinationhereof (the "TRADE PRICE").
Appears in 1 contract
Samples: Agreement for Sale and Purchase of Assets (Integrated Health Services Inc)
Share Value. Whenever shares of IHS Stock are to be delivered pursuant to this Agreement, the The number of shares of IHS Stock issuable pursuant to Sections 2.1, 10.9 and 10.10 shall be valued as calculated based upon a price per share of such stock equal to the applicable date of determination by using the average closing New York Stock Exchange ("NYSE") price of IHS Stock for the twenty (20) trading day period ending such stock on the date which is two (2) trading days prior to day before the applicable date of determinationClosing Date.
Appears in 1 contract
