Buyer Closing Stock Price definition

Buyer Closing Stock Price means the volume-weighted average price, rounded to four decimal points, of shares of Buyer Common Stock on NASDAQ (as reported on Bloomberg L.P. under the function “VWAP”) for the period of the ten (10) consecutive trading days ending on the second full trading day prior to the Closing Date.
Buyer Closing Stock Price means $2.03. “Buyer Reference Stock Price” means $3.0814.
Buyer Closing Stock Price means the average closing price of Buyer Common Stock for the twenty (20) trading days ending on and including the last trading day that immediately precedes the date hereof, calculated on the basis of the last reported sales price of Buyer Common Stock on the Nasdaq National Market.

Examples of Buyer Closing Stock Price in a sentence

  • No later than the fourth Business Day prior to the Closing Date, the Buyer shall deliver to the Seller a written statement setting forth the Buyer Closing Stock Price.

  • As consideration for the sale of the LLC Interest to the Buyer, the Buyer shall issue to the Owner such number of shares of Buyer Common Stock as is equal to the result obtained by dividing an amount equal to (i) $142,500 by (ii) the Buyer Closing Stock Price.

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  • No fractional shares of Buyer Common Stock will be issued in connection with any payments to be made under this Agreement, but in lieu thereof the Seller shall receive from the Buyer an amount in cash (rounded to the nearest whole cent) equal to the product of (i) such fraction and (ii) the Buyer Closing Stock Price.

  • The Buyer shall revise such statement to reflect any corrections so proposed by the Seller to the extent such proposed corrections are required to accurately calculate the Buyer Closing Stock Price (as defined in this Agreement).

  • Buyer shall be entitled to direct the Escrow Agent, pursuant to the terms of the Escrow Agreement, to deliver shares of Buyer Common Stock (the parties hereto agreeing that the value of each such share shall be equal to the Buyer Closing Stock Price) from the Indemnity Fund or the Litigation Fund in satisfaction of indemnification claims hereunder.


More Definitions of Buyer Closing Stock Price

Buyer Closing Stock Price means $2.2984.

Related to Buyer Closing Stock Price

  • Closing Stock Price means the average closing price of one share of Common Stock for the twenty consecutive trading days that include and immediately precede the last day of the Performance Period.

  • 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.

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

  • 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.

  • 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.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

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

  • Closing Merger Consideration has the meaning set forth in Section 3.2(a)(ii).

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • 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.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • 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.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Second Closing has the meaning set forth in Section 2.2.

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

  • Parent Stock Price means the average of the volume weighted averages of the trading prices of Parent Common Stock on the NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the five (5) consecutive trading days ending on the trading day that is two (2) trading days prior to the Closing Date.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Ending Stock Price means the average of the closing price of the applicable stock for the 90 calendar days up to and including the last day of the Performance Period.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

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

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • First Closing has the meaning set forth in Section 2.1(a).

  • 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).

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