Buyer Share Price definition

Buyer Share Price means $7.5745, representing the volume weighted average price at which Buyer Ordinary Shares traded on the ASX (excluding special crossings and overnight sales) over the ten (10) trading-day period ending on the Business Day prior to the date hereof, as converted from AUD to USD at the exchange rate published in the Wall Street Journal as of the Business Day prior to the date hereof.

Buyer Share Price means the average of the last reported sale prices per share of the Buyer Common Shares on The Nasdaq Global Select Market over the five consecutive trading days ending on the trading day that is one trading day prior to the Effective Date.

Buyer Share Price means the average closing price per share of Buyer’s common stock during the 20 trading days immediately preceding the Closing.

Examples of Buyer Share Price in a sentence

• Seller and Buyer agree that a number of Buyer Shares valued at $200,000 (based on the Closing Buyer Share Price) (the “Holdback Amount”) shall be retained by Buyer and Buyer Parent until the date that is six (6) months following the Closing (the “Holdback Release Date”).

• Seller and Buyer agree that (i) a number of Buyer Shares valued at $650,000 (based on the Closing Buyer Share Price) (the “Share Consideration Holdback” or the “Holdback Amount”) shall be retained by Buyer and Buyer Parent until the date that is twelve (12) months following the Closing (the “Holdback Release Date”).

• The Company shall, immediately prior to the Effective Time, cause the conversion of all Principal Stockholder Loans, including all principal and accrued interest payable thereunder, into the number of Common Shares equal to the principal and accrued interest payable under such Principal Stockholder Loans divided by the product of (i) the Common Conversion Ratio and (ii) the Buyer Share Price.

• As used herein, the "Buyer Share Price" shall mean the average (rounded to the nearest $.01) of the closing prices of Buyer Common Stock on the ten (10) trading days immediately prior to the fourth (4th) calendar day preceding the Closing Date that shares of Buyer Common Stock are traded on the Nasdaq National Market ("Nasdaq").

• The Buyer Share Price shall be properly calculated in accordance with the terms of this Agreement.

More Definitions of Buyer Share Price

Buyer Share Price means $9.70, the agreed upon per share value of GEE Common Stock for all purposes under this Agreement and the Escrow Agreement.

Buyer Share Price means the volume weighted average price of a Buyer Ordinary Share over the twenty (20) trading-day period ending three (3) trading days prior to the Closing Date, as reported by Bloomberg.

Buyer Share Price means the volume weighted average of the daily closing sales prices of a share of Buyer Shares as reported on the Nasdaq Capital Market for the twenty (20) consecutive trading days ending five (5) days immediately preceding the Closing Date.

Buyer Share Price means the average (rounded to the nearest $.01) of the closing prices of Buyer Common Stock on the ten (10) trading days immediately prior to the fourth (4th) calendar day preceding the Closing Date that shares of Buyer Common Stock are traded on the Nasdaq National Market ("Nasdaq").

Buyer Share Price means the volume weighted average closing price, as reported by Bloomberg L.P. (or another authoritative source mutually selected by Buyer and Seller), of one share of Buyer Common Stock for the five consecutive trading days ending on (and including) the trading day immediately preceding the Closing Date.

Buyer Share Price means the average closing price per Buyer Share on ----------------- the Nasdaq National Market over the fifteen (15) consecutive trading days ending on the date which is two (2) trading days immediately preceding the Closing; provided, however, in the event such Buyer Share Price is less than $10.50, the -------- ------- Company's Board of Directors may in its sole discretion agree that for purposes of this Agreement and the transactions contemplated hereby, the Buyer Share Price is deemed to be $10.50, notwithstanding the actual average closing price per Buyer Share on the Nasdaq National Market over such period.

Buyer Share Price shall be determined as the midpoint of the open and closing sale price of Buyer’s common stock on the Nasdaq Composite as of the date immediately prior to the date of the Closing. “Buyer Stock Value” shall equal the difference of (i) $505,000 minus (ii) the principal and interest amount of the EIDL outstanding as of the Closing Date. On the Closing Date and until the end of the Bulk Sales Holdback Period, Buyer shall retain and hold back $40,000 worth of Buyer Shares (rounded down to the nearest whole share, the “Stock Bulk Sales Holdback Amount”) from being transferred to the Stock Recipients at Closing, pursuant and subject to the provisions of Section 1.08. The Stock Recipients shall execute a joinder to this Agreement for the purposes of the representations and warranties set forth in Section 3.17 hereof.