Buyer Price definition

Buyer Price the per share price of Buyer common stock, as quoted on Nasdaq, for the last trading day immediately preceding the date Buyer received the Proposed Transfer Notice.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Buyer Price means $6.00 per share, which amount, following the Closing, shall be appropriately adjusted to proportionately reflect any split, combination, stock dividend or other stock distribution of the Buyer Common Stock.

Buyer Price the last reported per share price of Buyer Common Stock at the close of trading, as quoted on Nasdaq, for the last trading day immediately preceding the date Buyer received the Proposed Transfer Notice.

Examples of Buyer Price in a sentence

• Seller hereby promises to pay to Buyer, Price Differential on the unpaid Repurchase Price of each Transaction for the period from and including the Purchase Date of such Transaction to but excluding the Final Repurchase Date of such Transaction; provided, that in no event shall the Pricing Rate used to calculate the Price Differential exceed the maximum rate permitted by law.

• Seller hereby promises to pay to Buyer, Price Differential on the unpaid Repurchase Price of each Transaction for the period from and including the Purchase Date of such Transaction to but excluding the Repurchase Date of such Transaction; provided, that in no event shall the Pricing Rate used to calculate the Price Differential exceed the maximum rate permitted by law.

• If the Company delivers a Termination Intent Notice, Buyer shall have the right to give notice to the Company (the "Top-Up Notice") that Buyer elects to (notwithstanding Section 2.1(d)) calculate the Merger Consideration Per Share using the Average Buyer Price rather than the Minimum Price.

• The number of shares, if any, retained in the Escrow Fund related to unresolved Claims shall be based on the Buyer Price.

• If the Non-Initiating Investor elects not to purchase the Initiating Investor ROFO Shares at the Strategic Buyer Price, then subject to the provisions of Clause 9.4.3, the Initiating Investor can proceed to sell the Initiating Investor ROFO Shares to the Strategic Buyer at the Strategic Buyer Price.

• At Closing, in accordance with the Agreement and Plan of Reorganization, Buyer shall issue a certificate for the Escrow Amount registered in the name of Seller evidencing the shares of Buyer Common Stock to be held in escrow under this Agreement, which shall be an amount equal to $600,000, based on the Buyer Price, and shall cause such certificate to be delivered to the Escrow Agent.

• Each Purchase Order for Devices and Services will specify, as appropriate, the applicable Purchase Order, Device part number and revision level, quantity required by Buyer, Price, requested delivery date, ship-to address, and other applicable information as determined by Buyer.

• However, if the Strategic Buyer Price is lower than 105% (One Hundred and Five Per Cent) of the Non-Initiating Investor Offer Price, the Initiating Investor shall be required to offer the Initiating Investor ROFO Shares to the Non- Initiating Investor at the Strategic Buyer Price.

• Buyer shall, within ten (10) days thereafter, pay to BFC against delivery of the Shares an amount equal to the Average Buyer Price times 1.0275 for each Put Share.

• The Indenture Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on the Officers' Certificate or Opinion of Counsel.

More Definitions of Buyer Price

Buyer Price less "Core Credit". Seller agrees to provide a weekly Outstanding Core Report, of cores not returned within fourteen (14) days of the Advance Exchange Purchase Order Date, to the Buyer. Buyer shall return the core(s) within thirty (30) calendar days of the respective Advance Exchange Purchase Order Date. If Buyer fails to return the core(s) within the thirty (30) calendar days, then Seller shall invoice Buyer for one hundred percent (100%) of the respective core(s) previously credited. Seller must notify Buyer of core(s) received after thirty (30) calendar days, enabling Buyer to Debit the respective Advance Exchange Purchase Order by twenty five percent (25%) of the original Core Credit. Failure by Seller to notify Buyer of non-returned defective within sixty (60) days will result in core charge forfeiture. Seller shall ship to Buyer, the most current revision level/part number available to Seller. If Buyer returns a core which is not the most current revision level/part number as part of this "Advance Exchange" process, then Seller shall determine the appropriate core value credit per Sellers Material Review Board process. Seller agrees to maintain an "Advance Exchange" file concurrent with the first material receipt/shipment and continues through all subsequent activity.

Buyer Price means the average of the closing prices on the NYSE as reported in The Wall Street Journal (national edition) (or if not reported thereby, any other authoritative source) of the Buyer Common Stock for the ten consecutive Trading Days ending on the Trading Day immediately prior to the Closing Date; provided, that in the event the Buyer Price is greater than the Highest Buyer Price, the Buyer Price shall be deemed to be the Highest Buyer Price and in the event the Buyer Price is less than the Lowest Buyer Price, the Buyer Price shall be deemed to be the Lowest Buyer Price.

Buyer Price means $3.36 per share of Buyer Common Stock, which price, following the Closing, shall be appropriately adjusted to proportionately reflect any split, combination, stock dividend or other stock distribution of the Buyer Common Stock.

Buyer Price shall have the meaning ascribed to it in the Merger Agreement. "Cash Consideration" shall have the meaning ascribed to it in the Merger Agreement.

Buyer Price means $3.36 per share of Buyer Common Stock, which price, following the Closing, shall beappropriately adjusted to proportionately reflect any split, combination, stock dividend or other stock distribution of the Buyer Common Stock.