Buyer Common Stock Price definition

Buyer Common Stock Price means the average volume weighted price of Buyer Common Stock on the Nasdaq Capital Market for the 30-day trading period prior to the Closing Date as reported on Bloomberg.

Buyer Common Stock Price means the volume weighted average sale price of Buyer Common Stock on the NYSE over the five (5) full trading days ending on the day preceding the Closing Date.

Buyer Common Stock Price on any date means the 20-day VWAP of the Buyer Common Stock as of the period immediately prior to such date as reported on the NASDAQ Capital Market.

Examples of Buyer Common Stock Price in a sentence

• In lieu of any such fractional shares, each holder of a certificate evidencing Players Common Stock (a "Certificate") upon surrender of such Certificate for exchange shall be paid an amount in cash (without interest), rounded up to the nearest cent, determined by multiplying (i) the Average Buyer Common Stock Price, by (ii) the fractional interest to which such holder would otherwise be entitled (after taking into account all shares of Players Common Stock then held of record by such holder).

• If but for the proviso in the preceding sentence the Exchange Ratio would have exceeded 0.30, Buyer may increase the Cash Consideration amount specified in clause (i) above by the amount necessary so that at the Effective Time the sum of (a) the Cash Consideration (as so increased) and (b) the Average Buyer Common Stock Price multiplied by the Exchange Ratio is equal to $8.25.

• In lieu of the issuance of any such fractional share, the Buyer shall pay to each former stockholder of the Seller who otherwise would be entitled to receive a fractional share of Buyer Common Stock an amount in cash determined by multiplying (i) the Average Buyer Common Stock Price by (ii) the fraction of a share of Buyer Common Stock to which such holder would otherwise be entitled to receive pursuant to Section 1.05 hereof.

• Each holder of Company Common Stock who would otherwise be entitled to receive a fractional share of Buyer Common Stock pursuant to this Article III shall instead be entitled to receive an amount in cash (without interest) rounded to the nearest whole cent, determined by multiplying Buyer Common Stock Price by the fractional share of Buyer Common Stock to which such former holder would otherwise be entitled.

• No fraction of a share of Buyer Common Stock will be issued in connection with the transactions contemplated by this Agreement, and in lieu thereof Seller shall receive from Buyer an amount of cash equal to such fraction of a share multiplied by the Buyer Common Stock Price.

More Definitions of Buyer Common Stock Price

Buyer Common Stock Price means the average closing sale price of Buyer Common Stock at the end of regular trading on the NASDAQ Stock Market for the 15 trading days ending on the trading day immediately preceding the Closing Date. The term "Merger Consideration" means the consideration into which any capital stock of the Company will be converted pursuant to this subsection 2.2(a).

Buyer Common Stock Price means, as of any applicable date of determination, the price per share equal to the average of the reported closing prices of the Buyer Common Stock on the principal securities exchange or securities market on which Buyer Common Stock is then traded for the five (5) trading days ending on the trading day immediately prior to the date of determination, as equitably adjusted for share splits, share dividends, combinations, recapitalizations and the like during such period.

Buyer Common Stock Price means the average closing price of Buyer Common Stock on the NYSE for the period from the first day after the date of final execution of this Agreement up to five (5) business days prior to the Closing Date. The Merger Consideration due all Shareholders other than the Controlling Shareholders shall be paid entirely in cash at Closing.

Buyer Common Stock Price means an amount equal to $1.50 per share.

Buyer Common Stock Price means the volume-weighted average price of one share of Buyer Common Stock on the New York Stock Exchange for the five (5) trading days immediately preceding the day the Consideration Spreadsheet is delivered pursuant to Section 1.12 as reported by The Wall Street Journal or, if not reported thereby, another authoritative source. “Cash” means, as of any date, any cash on hand, cash in bank or other accounts, readily marketable securities, and other cash-equivalent liquid assets of any nature as of such date, in each case only if and to the extent such amounts will be available for free use without restrictions by Company at the Closing; provided that this will not include any portion of the Aggregate Exercise Price. “Cashed-Out Minor ISO” means a Minor ISO that is cancelled and converted into the right to receive an amount in cash for each Company Share subject to the cancelled Minor ISO pursuant to an Option Cancellation Agreement in the applicable form set out in Exhibit C-2 (or such other form as may be agreed in writing between Buyer and the Company prior to Closing) that is executed and submitted to the Company by a date agreed in writing between the Buyer and the Company prior to Closing. "Cashed-Out Other ISO" means the portion of an Other ISO that is cancelled and converted into the right to receive an amount in cash for each Company Share subject to the cancelled Other ISO pursuant to an Option Cancellation Agreement in the applicable form set out in Exhibit C-3 (or such other form as may be agreed in writing between Buyer and the Company prior to Closing) that is executed and submitted to the Company by a date agreed in writing between the Buyer and the Company prior to Closing and which represents a number of shares in the Company equal to the Option Partial Cash Out Percentage multiplied by the number of shares in the Company over which such Other ISO subsists (rounded up to the nearest whole share). i

Buyer Common Stock Price means the volume weighted average price of Buyer Common Stock on the TSX for the twenty trading days ending on the second trading day immediately preceding the date of this Agreement as converted into US dollars using the noon exchange rate in Toronto on the second trading day immediately preceding the date of this Agreement as reported by the Bank of Canada.

Buyer Common Stock Price means an amount equal to the VWAP of Buyer Common Stock listed by the principal exchange or securities market on which shares of Buyer Common Stock are then traded (or any successor exchange or quotation system on which such shares are listed or quoted) for the twenty (20) Trading Day period ending on the Trading Day immediately prior to the date of determination. Any determinations of the Buyer Common Stock Price shall be appropriately adjusted for any stock dividend, stock split, stock combination, recapitalization or other similar transaction during such period.