Calculation Price definition

Calculation Price means the average closing price on the NYSE of the Acquiror Common Shares over a period of twenty (20) trading days, ending on the tenth (10th) trading day prior to the Closing Date; provided, however, that such price shall equal a minimum of $43.00 per share and a maximum of $49.00 per share.

Calculation Price means in respect of Minerals credited to the account of the Optionee, the Spot Price on the Business Day that the Optionee's account is credited with such Minerals or with the Canadian dollar cash equivalent monetary value thereof.

Calculation Price means (i) thirty nine dollars and nineteen cents ($39.19), if the Closing Price is equal to or greater than thirty nine dollars and nineteen cents ($39.19), but less than or equal to forty two dollars and seventy five cents ($42.75), (ii) the Closing Price, if the Closing Price is greater than thirty two dollars and six cents ($32.06), but less than thirty nine dollars and nineteen cents ($39.19) and (iii) thirty two dollars and six cents ($32.06), if the Closing Price is equal to or greater than thirty dollars and forty cents ($30.40), but less than or equal to thirty two dollars and six cents ($32.06).

Examples of Calculation Price in a sentence

• As fractions of New Shares cannot be issued, an entitlement to their cash value at the Calculation Price (the Cash Balance) will be carried forward, without interest, and added to your next dividend when it will be used in the calculation of your entitlement to New Shares.

• Where withholding tax applies to a particular Shareholder, a reduced number of New Ordinary Shares will be issued to reflect this withholding tax and the cash equivalent will fall to be determined by grossing up the value of that reduced number of New Ordinary Shares at the Scrip Calculation Price or the Opening Value (where the Market Value Rule applies) by reference to the withholding tax rate, currently 20 per cent.

• To achieve this, in a case where no UK withholding tax has to be accounted for, a Shareholder’s entitlement to New Ordinary Shares for the Relevant Dividend will be calculated by taking the amount of the cash dividend to which they are entitled (i.e. the number of Ordinary Shares held by that Shareholder at the Record Date for the Relevant Dividend multiplied by the gross value of the dividend per Ordinary Share) and dividing it by the Scrip Calculation Price.

• Calculation: Price adjustment will be calculated as follows: Single Index: Adjust the Base Price by the same factor calculated for the index change.

• The market value of the New Ordinary Shares at the time of issue may differ from the Scrip Calculation Price, and accordingly the market value of those additional New Ordinary Shares that would have been issued to the Shareholder absent any withholding tax requirement may not equate to the actual amount of withholding tax that the Company is required to account for to HMRC and in respect of which the Shareholder may be entitled to credit.

More Definitions of Calculation Price

Calculation Price set forth in Section 1.1 of the Merger Agreement is hereby amended and restated as follows: "CALCULATION PRICE" shall mean $21.00. (d) The definition of "Transaction Value" set forth in Section 1.1 of the Merger Agreement is hereby amended by inserting the clause "but excluding any and all unvested and outstanding shares of Restricted Company Common Stock" at the end thereof. (e) Section 1.1 of the Merger Agreement is hereby amended by deleting the definitions of "Cap Price," "Determination Price," "Floor Price," "Intra-Day Closing Prices," "Random Trading Days" and "Trading Day" in their entirety. (f) The following additional definitions are hereby added to Section 1.1 of the Merger Agreement: "CLASS B COMMON STOCK ELECTION CONVERSION NUMBER" shall mean the quotient of (x) the product of (A) the Class B Common Percentage multiplied by (B) the Share Price divided by (y) the Calculation Price (rounded to the nearest hundredth, or if there shall not be a nearest hundredth, to the next lowest hundredth). "CONVERSION NUMBER" shall mean the quotient of (x) the product of (A) the Common Percentage multiplied by (B) the Share Price divided by (y) the Calculation Price (rounded to the nearest hundredth, or if there shall not be a nearest hundredth, to the next lowest hundredth). (g) Section 1.2 of the Merger Agreement is hereby amended by deleting the references therein to the terms "Acquiror Termination Notice," "Cap Top-Up Intent Notice," "Class B Common Stock Election Conversion Number," "Company Termination Notice," "Conversion Number," "Designated Assets,"

Calculation Price set forth in Section 1.1 of the Merger Agreement is hereby amended and restated as follows:

Calculation Price means $21.00.

Calculation Price means the Determination Price, Cap Price or Floor Price, as applicable, based upon which the Class A Common Conversion Number or Class B Common Conversion Number is determined in accordance with Section 3.1(d).

Calculation Price shall have the meaning set forth in the Purchase Agreement. “Current Market Price” of publicly traded Common Shares or any other class or series of capital shares or other security of the Trust or of any similar security of any other issuer for any day shall mean the last reported sales price, regular way settlement on such day, or, if no sale takes place on such day, the average of the reported closing bid and asked prices regular way on such day, in either case as reported on the New York Stock Exchange (“NYSE”) or, if such security is not listed or admitted for trading on the NYSE, on the principal national securities exchange on which such security is listed or admitted for trading or, if not listed or admitted for trading on any national securities exchange, the average of the closing bid and asked prices on such day in the over-the-counter market as reported by the NASDAQ Stock Market, Inc. (“NASDAQ”) or, if bid and asked prices for such security on such day shall not have been reported through NASDAQ, the average of the bid and asked prices on such day as furnished by any NYSE member firm regularly making a market in such security selected for such purpose by the Chief Executive Officer of the Trust or the Trustees or if any class or series of securities are not publicly traded, the fair value of the shares of such class as determined reasonably and in good faith by the Trustees.

Calculation Price means an amount equal to the arithmetic average of the daily closing price per Common Share of the REIT, as reported on the Exchange for the twenty (20) trading days ending on and including the fifth Business Day prior to the Closing Date. Notwithstanding the foregoing, the Calculation Price shall be limited to a range having the following parameters: (1) a minimum Calculation Price of $23.80 per Common Unit and (2) a maximum Calculation Price of $26.25 per Common Unit.

Calculation Price means (a) the Purchase Price if the consideration received per Additional Common Share is less than the Purchase Price but greater than the Current Market Price, (b) the Current Market Price if the consideration received per Additional Common Share is less than the Current Market Price but greater than the Purchase Price and (c) the greater of the Purchase Price and the Current Market Price if the consideration received per Additional Common Share is less than both the Purchase Price and the Current Market Price. In computing adjustments under this Subsection, fractional interests in Common Shares shall be taken into account to the nearest one-thousandth of a share.