Buyer Closing Price definition

Buyer Closing Price means the volume weighted average closing price on NASDAQ of Buyer Common Stock for the twenty (20) full trading days ending on the second trading day immediately preceding the Closing Date.
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Buyer Closing Price means the last reported sales price of Buyer Common Stock at 4:00 p.m., Eastern time, end of regular trading hours on The Nasdaq Stock Market on the Effective Date (or, if the Effective Date is not a trading day, the last trading day preceding the Effective Date).
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Buyer Closing Price means the average closing price of the Buyer Stock for the ten trading days ending on and including the second last trading day immediately preceding the Closing Date, calculated on the basis of the last reported sales prices of Buyer Stock on the Nasdaq National Market. The Purchase Price shall be paid as provided in Section 2.02 hereof.
Sample 1

Examples of Buyer Closing Price in a sentence

  • Buyer understands and agrees that the applicable Committee may conclude that the fair market value of the Stock Consideration (for purposes of clause (x)(1) herein) is equal to the product of the Exchange Ratio and the Average Buyer Closing Price.

  • The "Exchange Ratio" shall be equal to the quotient (rounded to four decimal places) of (x) $4.25 divided by (y) the Average Buyer Closing Price; provided, however, that the Exchange Ratio shall not be less than .1471 nor greater than .2833.

  • The number of Buyer Shares to be delivered to McGaxxx xxx Accu-Fab shall be equal to the quotient obtained by dividing $4,170,027 by the Buyer Closing Price.

  • Xt any time prior to the fifth anniversary of the Closing Date (the "Put Termination Date"), McGaxxx xxxll have the right to require the Buyer to repurchase, and which is payable in cash, the Buyer Shares issuable to McGaxxx xxxer Section 1.3 hereof (the "Put Shares") at a price per share equal to the Buyer Closing Price.

  • The Purchase Price for the Shares being sold by the Selling Shareholders shall be allocated between the Selling Shareholders in the manner set forth in SCHEDULE 1.2. ------------ In addition, Accu-Fab will have the right to require the Buyer to repurchase their allocation of the Buyer Shares, for one year from the date of the Closing, at a price per share equal to the Buyer Closing Price.

  • For purposes hereof, "Buyer Closing Price" shall mean the average of the high and low sales price for shares of Buyer Common Stock on the Nasdaq National Market for each of the five (5) trading days immediately preceding the Closing Date.

  • The "Average Buyer Closing Price" shall be equal to the average per share closing sales price of Buyer Common Stock (rounded to four decimal places), as reported on the National Association of Securities Dealers, Inc.

  • On the Closing Date, the Buyer shall issue to McGaxxx xx option to purchase the number of shares of Buyer Common Stock equal to (i) the product obtained by multiplying the number of shares of Acumen Common Stock subject to the Acumen Option by $146.7646, DIVIDED BY (ii) the Buyer Closing Price (the "Buyer Option").


More Definitions of Buyer Closing Price

Buyer Closing Price means the average of the high and low sales price for shares of Buyer Common Stock on the Nasdaq National Market for each of the five (5) trading days immediately preceding the Closing Date. The Purchase Price for the Shares being sold by the Selling Shareholders shall be allocated between the Selling Shareholders in the manner set forth in SCHEDULE 1.2. ------------ In addition, Accu-Fab will have the right to require the Buyer to repurchase their allocation of the Buyer Shares, for one year from the date of the Closing, at a price per share equal to the Buyer Closing Price.
Sample 1
Buyer Closing Price means the average closing price of Buyer Common Stock ------------------- on the NNM during eight of the ten trading days ending on the day which is two Business Days prior to the Closing Date; (excluding, for purposes of selecting the applicable eight closing prices, the highest closing price and the lowest closing price during such ten trading day period).
Sample 1

Related to Buyer Closing Price

  • Parent Closing Price means the volume weighted average closing trading price of a share of Parent Common Stock on Nasdaq for the five consecutive trading days ending five trading days immediately prior to the date upon which the Merger becomes effective.

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

  • 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

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

  • 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 Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in the “pink sheets” by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 13. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

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

  • 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.

  • 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.

  • Closing Market Price means the price at which the company’s security was last sold, on the applicable date,

  • Parent Stock Price means the volume weighted average price per share of the Parent Common Stock on the NYSE for the ten consecutive trading days ending on the complete trading day immediately prior to the Closing Date.

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • 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.

  • Merger Closing means “Closing,” as that term is defined in the Merger Agreement.

  • 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.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Last Reported Sale Price of the Common Stock on any date means the closing sale price per share (or if no closing sale price is reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average ask prices) on that date as reported in composite transactions for the principal U.S. national or regional securities exchange on which the Common Stock is traded. If the Common Stock is not listed for trading on a U.S. national or regional securities exchange on the relevant date, the “Last Reported Sale Price” shall be the last quoted bid price for the Common Stock in the over-the-counter market on the relevant date as reported by OTC Markets Group Inc. or a similar organization. If the Common Stock is not so quoted, the “Last Reported Sale Price” shall be the average of the mid-point of the last bid and ask prices for the Common Stock on the relevant date from each of at least three nationally recognized independent investment banking firms selected by the Company for this purpose.

  • Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the closing price of the shares of Substitute Common Stock on the day preceding such consolidation, merger or sale; provided that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by the person merging into Issuer or by any company which controls or is controlled by such person, as the Holder may elect.

  • 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.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).