Benchmarked Price definition

Benchmarked Price means the higher of:

Benchmarked Price means the higher of (a) the closing price on the date of the relevant placing agreement or other agreement involving the proposed issue of securities under the general mandate to be approved under this resolution; and (b) the average closing price in the 5 trading days immediately prior to the earlier of: (i) the date of announcement of the placing or the proposed transaction or arrangement involving the proposed issue of securities under the general mandate to be approved under this resolution; (ii) the date of the placing agreement or other agreement involving the proposed issue of securities under the general mandate to be approved under this resolution; and (iii) the date on which the placing or subscription price is fixed.

Benchmarked Price means the price which is the higher of:

Examples of Benchmarked Price in a sentence

• Nonetheless, given that the Theoretical Diluted Price of HK$0.688 is the same as the Benchmarked Price of HK$0.688 instead of a discount, the Rights Issue would not result in theoretical dilution effect (as defined under Rule 7.27B of the Listing Rules) in terms of value of Shares held by the Qualifying Shareholders who elect not to take up their respective entitlements in full.

• In addition, any shares to be issued under the Share Issue Mandate shall not be issued at a discount of more than 10% to the Benchmarked Price (below the 20% limit permitted under the Listing Rules).

• Any additional Ordinary Shares to be issued or allotted pursuant to this mandate shall not be at a discount of more than 10% to the Benchmarked Price as detailed in the proxy statement.

• However,as the Placing Price represents a discount of 20% or more to the Benchmarked Price of the Shares, the Placing Shares will not be issued under the Existing General Mandate, but the Company will seek the grant of a Special Mandate (which is in addition to, and will not prejudice nor revoke the Existing General Mandate) to allot and issue the Placing Shares at the EGM to be convened and held by the Company.

• Th e redemptio n pric e (“ Redemptio n Price ”) for each Preference Share so redeemed shall be the higher price of either (a) the Issuer Price or (b) the price equivalent to 10% discount of the Benchmarked Price for the Ordinary Shares on the date of the Redemption Notice.

• Where insufficient quotes can be obtained, a Benchmarked Price (i.e. the cost of supply to another NHS Trust adjusted to reflect the pricing assumptions outlined above) may be submitted or a Price based on fewer than 3 quotations.

• A1 a2A2 rArBT LL Figure 2: L is a separating axis for OBBs A and B becauseA and B become disjoint intervals under projection onto L.

More Definitions of Benchmarked Price

Benchmarked Price. ’ means the higher of: (a) the closing price on the date of the relevant placing agreement or other agreement involving the proposed issue of securities under the Issue Mandate; and (b) the average closing price in the 5 trading days immediately prior to the earlier of: (i) the date of announcement of the placing or the proposed transaction or arrangement involving the proposed issue of securities under the Issue Mandate; (ii) the date of the placing agreement or other agreement involving the proposed issue of securities under the Issue Mandate; and (iii) the date on which the placing or subscription price is fixed.”

Benchmarked Price means a price calculated in accordance with

Benchmarked Price is defined in Section 8.7.3(b)(2) of this Agreement.

Benchmarked Price means a price calculated in accordance with■ CONC 5B.2.2R, ■ CONC 5B.2.4R or ■ CONC 5B.2.8R;

Benchmarked Price means a price demonstrated to the reasonable satisfaction of the Authority to be arrived at on the basis of an objective and like for like comparison by comparing the quality and price of the Works or Services in question, and the quality and price of equivalent works or services by reputable organisations possessing the appropriate expertise;

Benchmarked Price means a price demonstrated to the reasonable satisfaction of the Authority to be arrived at on the basis of an objective and like for like comparison by comparing the quality and price of the Works or Services in question, and the quality and price of equivalent works or services by reputable organisations possessing the appropriate expertise; “Bid Date” means 7 October 2009;