Block Purchase Price definition

Block Purchase Price means the lesser of (i) the lowest Sale Price of the Common Stock on the Purchase Date or (ii) the lowest Purchase Price during the previous ten (10) Business Days prior to the date that the valid Block Purchase Notice was received by the Buyer. However, if at any time during the Purchase Date, the date of the delivery of the Block Purchase Notice or during the Business Day prior to the delivery of the Block Purchase Notice, the Sale Price of the Common Stock is below the applicable Block Purchase threshold price, such Block Purchase shall be void and the Buyer’s obligations to buy Purchase Shares in respect of that Block Purchase Notice shall be terminated. Thereafter, the Company shall again have the right to submit a Block Purchase Notice as set forth herein by delivery of a new Block Purchase Notice only if the Sale Price of the Common Stock is above the applicable Block Purchase threshold price during the date of the delivery of the Block Purchase Notice and during the Business Day prior to the delivery of the Block Purchase Notice. The Company may deliver multiple Block Purchase Notices to the Buyer so long as at least two (2) Business Days have passed since the most recent Block Purchase was completed.
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Block Purchase Price means the lowest Purchase Price during the previous fifteen (15) Trading Days prior to the date that the Block Purchase Notice was received by the Buyer. The daily purchases shall be automatically suspended for ten (10) trading days each time any such block purchase notice is delivered.
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Block Purchase Price means the lesser of (i) the lowest Sale Price of the Common Stock on the Trading Day that a valid Block Purchase Notice was received by the Buyer or (ii) the lowest Purchase Price during the previous fifteen (15) Trading Days prior to the date that the valid Block Purchase Notice was received by the Buyer.
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Examples of Block Purchase Price in a sentence

  • The SRA acknowledges that as of the Effective Date, the SRA has received reimbursement from US2 for certain D-2 Block Acquisition Costs incurred by the SRA; to the extent any such reimbursed costs are included in the Base D-2 Block Purchase Price, US2 will be entitled to a credit in the amount of such reimbursement.

  • The balance of the D-2 Block Purchase Price (other than the Option Payment (as defined in the MDDA) of Fifty Thousand and No/100 Dollars ($50,000.00) which was previously paid to the SRA pursuant to the MDDA, and which shall be credited towards the D-2 Block Deposit) (the “D-2 Block Closing Payment”) shall be paid to the SRA on the D-2 Block Closing Date by certified check or wire transfer of immediately available funds in accordance with wire instructions provided by SRA.

  • This indicates a slower reduction, similarly to the case of occupancy permits, given that between the first half of 2009 and that of 2010, as well as first-half 2010 and 2011, the drop in the number of construction permits issued was 40 percent.

  • Notwithstanding the forgoing, any time on or after the Commencement Date, the Company shall also have the right but not the obligation by its delivery to the Buyer of Block Purchase Notices from time to time to direct the Buyer to buy Purchase Shares (each such purchase a "Block Purchase") in any amount up to One Million Dollars ($1,000,000.00) per Block Purchase Notice at the Block Purchase Price on the Purchase Date as provided herein.

  • Notwithstanding the forgoing, any time on or after the Commencement Date, the Company shall also have the right but not the obligation by its delivery to the Buyer of Block Purchase Notices from time to time to direct the Buyer to buy Purchase Shares (each such purchase a “Block Purchase”) in any amount up to Four Million Dollars ($4,000,000) per Block Purchase Notice at the Block Purchase Price on the Purchase Date as provided herein.

  • As used herein the term “Block Purchase Notice” shall mean an irrevocable written notice from the Company to the Buyer directing the Buyer to buy the Purchase Amount in Purchase Shares as specified by the Company therein at the Block Purchase Price.

  • Table 7:Days with Single Block Purchase Price Behavior Surrounding Block TradesAll AON Trade Non-AON Trade***, ** and * indicate that the returns are significantly different from zero at 0.01%, 1% and 5 % respectively.Table 8:Days with Single Block Sale Price Behavior Surrounding Block TradesAll AON Trade Non-AON Trade***, ** and * indicate that the returns are significantly different from zero at 0.01%, 1% and 5 % respectively.

  • Notwithstanding the forgoing, any time on or after the Commencement Date, the Company shall also have the right but not the obligation by its delivery to the Buyer of Block Purchase Notices from time to time to direct the Buyer to buy Purchase Shares (each such purchase a “Block Purchase”) in any amount up to Two Million Dollars ($2,000,000) per Block Purchase Notice at the Block Purchase Price on the Purchase Date as provided herein.

  • Notwithstanding the forgoing, any time on or after the Commencement Date, the Company shall also have the right but not the obligation by its delivery to the Buyer of Block Purchase Notices from time to time to direct the Buyer to buy Purchase Shares (each such purchase a “Block Purchase”) in any amount up to One Million Dollars ($1,000,000.00) per Block Purchase Notice at the Block Purchase Price on the Purchase Date as provided herein.

  • As used herein, the term "Block Purchase Price" shall mean the lesser of (i) the lowest Sale Price of the Common Stock on the Purchase Date or (ii) the lowest Purchase Price during the previous seven (7) Business Days prior to the date that the valid Block Purchase Notice was received by the Buyer.


More Definitions of Block Purchase Price

Block Purchase Price means the lowest Purchase Price during the previous ten (10) Trading Days prior to the date that the Block Purchase Notice was received by the Buyer.
Sample 1
Block Purchase Price means the lesser of (i) the lowest Sale Price of the Common Stock on the Purchase Date or (ii) the lowest Purchase Price during the previous ten (10) Business Days prior to the date that the valid Block Purchase Notice was received by the Buyer. However, if at any time on the Purchase Date the Closing Sale Price of the Common Stock is below the applicable Block Purchase threshold price, such Block Purchase shall be void and the Buyer's obligations to buy Purchase Shares in respect of that Block Purchase Notice shall be terminated. Thereafter, the Company shall again have the right to submit a Block Purchase Notice as set forth herein by delivery of a new Block Purchase Notice. The Company may deliver multiple Block Purchase Notices to the Buyer so long as at least two (2) Business Days have passed since the most recent Block Purchase was completed.
Sample 1
Block Purchase Price means the arithmetic average purchase price per Share paid by Barclays in Rule 10b-18 block purchases (as that term is defined below) made as part of establishing its hedge position with respect to this Transaction during the Initial Hedge Period. Exchange: The New York Stock Exchange. Related Exchange(s): All Exchanges.
Sample 1
Block Purchase Price means the arithmetic average purchase price per Share paid by Barclays in Rule 10b-18 block purchases (as that term is defined below) made as part of establishing its hedge position with respect to such Transaction during the Hedge Period. Market Disruption Event: The definition of “Market Disruption Event” in Section 6.3(a) of the Equity Definitions is hereby amended by deleting the words “at any time during the one-hour period that ends at the relevant Valuation Time, Latest Exercise Time, Knock-in Valuation Time or Knock-out Valuation Time, as the case may be” and inserting the words “at any time on any Scheduled Trading Day during the Hedge Period, Calculation Period or Settlement Valuation Period” after the word “material,” in the third line thereof. Notwithstanding anything to the contrary in the Equity Definitions, to the extent that a Disrupted Day occurs in the Hedge Period, the Calculation Period, or the Settlement Valuation Period, the Calculation Agent may in good faith and acting in a commercially reasonable manner postpone the Hedge Completion Date, Cut-off Hedge Completion Date or the Termination Date, or extend the Settlement Valuation Period, as the case may be. In such event, the Calculation Agent must determine whether (i) such Disrupted Day is a Disrupted Day in full, in which case the VWAP Price for such Disrupted Day shall not be included for purposes of determining the Hedge Period Reference Price, the Forward Price or the Settlement Price, as the case may be, or (ii) such Disrupted Day is a Disrupted Day only in part, in which case the VWAP Price for such Disrupted Day shall be determined by the Calculation Agent based on Rule 10b-18 eligible transactions in the Shares on such Disrupted Day effected before the relevant Market Disruption Event occurred and/or after the relevant Market Disruption Event ended, and the weighting of the VWAP Price for the relevant Exchange Business Days during the Hedge Period, the Calculation Period or the Settlement Valuation Period, as the case may be, shall be adjusted in a commercially reasonable manner by the Calculation Agent for purposes of determining the Hedge Period Reference Price, the Forward Price or the Settlement Price, as the case may be, with such adjustments based on, among other factors, the duration of any Market Disruption Event and the volume, historical trading patterns and price of the Shares. If a Disrupted Day occurs during the Hedge Period, the Calculation Period or the Settle...
Sample 1

Related to Block Purchase Price

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Receivables Purchase Price means $1,652,997,849.97.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Purchase Price has the meaning set forth in Section 2.2.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • 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).

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • 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.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).