Average Purchaser Stock Price definition

Average Purchaser Stock Price shall refer to the lesser of (i) the average of the closing price of the Common Stock of the Purchaser on the Nasdaq Stock Market for the twenty (20) trading days ending on the last trading day prior to a given date, or (ii) the closing price of the Common Stock of the Purchaser on the Nasdaq Stock Market on the last trading day on the day prior to a given date.
Sample 1
Average Purchaser Stock Price means the per share volume-weighted average price (rounded to the nearest cent) of the Purchaser Common Stock on NASDAQ from 9:30 a.m. to 4:00 p.m., New York City Time, on the ten NASDAQ trading days ending on and including the third trading day prior to the Determination Date as found on Bloomberg page UMBF<equity>VWAP (or its equivalent successor page if such page is not available), or if such volume-weighted average price is unavailable, the market price (rounded to the nearest one-hundredth) of one share of Purchaser Common Stock during such period, determined using a volume-weighted average method as calculated by RBC Capital Markets, LLC.
Sample 1Sample 2
Average Purchaser Stock Price means the average of the closing sale prices of one share of Purchaser Common Stock on the Nasdaq, as reported by Bloomberg L.P., for the trading days included in the Determination Period, rounded to the nearest whole cent.
Sample 1

Examples of Average Purchaser Stock Price in a sentence

  • Credit is allocated to a counterparty dependent on the external and internal credit rating, and if required, parent guarantees, letter of credit or prepayments are requested.

  • No fractional shares of Stock Consideration shall be issued in the Stock Purchase, but in lieu thereof, each Stockholder otherwise entitled to a fractional share of Purchaser Common Stock will be entitled to receive, from the Purchaser, in accordance with the provisions of this Section 2.5, an amount of cash, without interest thereon (rounded to the nearest whole cent), equal to the product of (i) such number of fractional shares, and (ii) the Average Purchaser Stock Price.

  • Average Purchaser Stock Price" shall mean the average of the closing sale price of Purchaser Stock on the Nasdaq Stock Market for the twenty-five (25) trading days ending on the last trading day prior to a given date.

  • Average Purchaser Stock Price" shall refer to the average of the closing price of the Purchaser Stock on the Nasdaq Stock Market for the five consecutive trading days ending on (and including) the trading day that is two days prior to a given date.

  • The Stock Portion is subject to adjustment as follows: if any adjustment pursuant to Section 1.13 or Section 1.15 exceeds the principal balance of the Note, then the Stock Portion shall be reduced by such difference, and Parent shall return the number of shares of Purchaser Common Stock equal to such difference divided by the Average Purchaser Stock Price (the "Stock Portion Adjustment") to Purchaser within three (3) business days of receipt of written notice of such Stock Portion Adjustment by Purchaser.


More Definitions of Average Purchaser Stock Price

Average Purchaser Stock Price means the VWAP for the thirty (30) consecutive Trading Days ending on (and including) the Trading Day that is immediately preceding the Closing Date.
Sample 1
Average Purchaser Stock Price means the average of the last sale price on Nasdaq of one (1) share of Purchaser Common Stock beginning on and including the date of this Agreement through and including November 29, 2002 as reported on Nasdaq; provided that such average stock price shall not exceed $1.10 per share nor be less than $0.40 per share of Purchaser Common Stock.
Sample 1
Average Purchaser Stock Price means (a) $47.125, in the event that the Merger Consideration is calculated in accordance with Section 1.3(a) or (b) the lesser of (i) the average closing price of Purchaser Stock on the Nasdaq National Stock Market for the twenty-seven (27) trading days ending on the last trading day prior to the Closing Date or (ii) the average closing price of Purchaser Stock on the Nasdaq National Stock Market for the five (5) trading days ending on the last trading day prior to the Closing Date, for purposes of the calculations in Section 1.3(b)(i) or 1.3(b)(ii), and in the event that, as a result of such calculations, the Merger Consideration is determined pursuant to Section 1.3(b)(i), (ii) or (iii).
Sample 1

Related to Average Purchaser Stock Price

  • Purchaser Stock Price means, with respect to any Common Stock Fundamental Change, the average of the daily Closing Price for one share of the common stock received by holders of the Common Stock in such Common Stock Fundamental Change during the 10 Trading Days immediately prior to the date fixed for the determination of the holders of the Common Stock entitled to receive such common stock or, if there is no such date, prior to the date upon which the holders of the Common Stock shall have the right to receive such common stock.

  • Average Parent Stock Price means the average of the volume weighted averages of the trading prices of Parent Common Stock, as such price is reported on the NYSE Composite Transaction Tape (as reported by Bloomberg Financial Markets or such other source as the parties shall agree in writing), for the 15 trading days ending on the third trading day immediately preceding the Effective Time.

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Parent Stock Price means the average closing price, rounded to the nearest cent, of Parent Common Stock for the five (5) trading days immediately preceding the fifth (5th) business day prior to the Closing Date.

  • Average Stock Price means the average of the closing transaction prices of a share of common stock of a company, as reported on the principal national stock exchange on which such common stock is traded, for the 20 business days immediately preceding the date for which the Average Stock Price is being determined.

  • Stock Price shall have the meaning specified in Section 14.03(c).

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the fifteen (15) consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Applicable Stock Price means, in respect of a Conversion Date, the average of the Closing Sale Prices per share of Common Stock over the five-Trading Day period starting the third Trading Day following such Conversion Date.

  • Ending Stock Price means the average of the closing prices of the Common Stock or the shares of the Peer Group, as applicable, for the 20 trading days up to and including (if a trading day) the last day of the Performance Period.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Parent Closing Price means the average, rounded to the nearest one ten thousandth, of the closing sale prices of Parent Common Stock on the NYSE as reported by The Wall Street Journal for the five full NYSE trading days immediately preceding (but not including) the Effective Date.

  • Beginning Stock Price means the average of the closing prices of the Common Stock or the shares of the Peer Group, as applicable, for the 20 trading days ending on the trading date immediately preceding the first day of the Performance Period.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Average Price means a price per Purchase Share (rounded to the nearest tenth of a cent) equal to the quotient obtained by dividing (i) the aggregate gross purchase price paid by the Investor for all Purchase Shares purchased pursuant to this Agreement, by (ii) the aggregate number of Purchase Shares issued pursuant to this Agreement.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Average Sale Price means the average of the Sale Prices of the Common Stock for the shorter of

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.