Adjusted Market Price definition

Adjusted Market Price means, for any given date, the lesser of (i) the initial Exercise Price and (ii) the quotient of (x) the sum of the VWAP of the Common Stock for each of the Trading Days during the ten (10) consecutive Trading Day period ending and including the Trading Day immediately prior to such given date, divided by (y) ten (10) (such period, the “Adjusted Market Price Measuring Period”). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions during such Adjusted Market Price Measuring Period.

Adjusted Market Price. (a) Market Price times (b) {****}.

Adjusted Market Price means the Market Price on the Adjustment Date.

Examples of Adjusted Market Price in a sentence

• If immediately following the close of business on the second anniversary of the Issuance Date (the “Adjustment Date”), the Exercise Price then in effect exceeds the Adjusted Market Price (the “Adjusted Exercise Price”), the Exercise Price hereunder shall be reset to the Adjusted Exercise Price as of the Adjustment Date.

• The Company hereby agrees not to, directly or indirectly, purchase securities of the Company during any Adjusted Market Price Measuring Period.

• If the Price Adjusted Market Price is less than the Exercise Price in effect on the Issuance Date, then on December 22, 2010, the Exercise Price then in effect shall be reduced (but in no event increased) to 120% of the Price Adjusted Market Price, provided that the Exercise Price shall not be reduced below $0.60 (subject to adjustment for stock splits, stock dividends, recapitalizations or other similar events with respect to the Company’s Common Stock) pursuant to this Section 2(e).

• If immediately following the close of business on [ ]4 (the “Adjustment Time”), the Exercise Price then in effect exceeds the Adjusted Market Price, the Exercise Price hereunder shall be reset to the Adjusted Market Price as of the Adjustment Time.

• In Table 3, we have summarized a recommendation for the thresholds in each scenario we introduced in Section 4.1, based on our hands-on experience with the HPCQC integration process.

More Definitions of Adjusted Market Price

Adjusted Market Price means, for any given date, the greater of (i) $0.12 (as adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions ) and (ii) the lesser of (x) the initial Conversion Price (as defined in the Notes) and (y) 75% of the quotient of (I) the sum of the VWAP of the Common Stock for each of the Trading Days during the twenty-five (25) consecutive Trading Day period ending and including the Trading Day immediately prior to such given date, divided by (II) twenty-five (25) (such period, the “Adjusted Market Price Measuring Period”). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions during such Adjusted Market Price Measuring Period.

Adjusted Market Price means a price at arm’s length conditions, discounted for the relative contribution (as budgeted) of a Project Participant to the Project.

Adjusted Market Price means product of the Market Price multiplied by 0.85. “Advance” means the funds loaned to Borrower through the Drawdown.

Adjusted Market Price means the Market Price adjusted (upwards only) as follows: in case an Adjusting Event occurs, the Market Price shall be adjusted to represent the percentage of all outstanding shares of Common Stock which the holder of the Redeemable Preferred Stock would have owned had each share of Redeemable Preferred Stock been converted into ten shares of Common Stock immediately prior to the happening of such event.

Adjusted Market Price means, in respect of any Securities or Cash (including any Margin), an amount in the Base Currency equal to the product of: (i) the Market Price of Cash and the Valuation Percentage which Renaissance allocates to the relevant currency, or (ii) the Market Price of Securities and the Valuation Percentage which Renaissance allocates to the relevant type of Securities.

Adjusted Market Price shall be an amount equal to 95% of the Market Price at such time.

Adjusted Market Price means 130% of the quotient of (i) the Market Price as of the Adjustment Time (provided, however, that if no Forced Exercise Event under the Series A-2 or the Series A-3 Warrants has occurred, the Adjusted Market Price shall not be less than $5.00 (as adjusted for share splits, share dividends, recapitalizations and similar events)), divided by (ii) the number of Ordinary Shares underlying one (1) ADR as of the applicable Market Price Measuring Date.