Closing Average definition

Closing Average means the average of the closing prices of Parent Common Stock as reported on Nasdaq for each of the ten (10) consecutive trading days ending on the third (3rd) trading day immediately preceding the Closing Date.

Closing Average means the average of the closing sales prices for Parent Common Stock, rounded to the nearest one-hundredth of a cent, on the New York Stock Exchange (the “NYSE”) for the ten (10) most recent consecutive trading days ending on the third (3rd) trading day immediately prior to the date on which the Effective Time occurs.

Closing Average means the average of the closing sale prices for one share of Synacor Common Stock as quoted on Nasdaq for the fifteen (15) consecutive trading days ending on the second (2nd) trading day immediately preceding the Closing Date.

Examples of Closing Average in a sentence

• The term “Total Shareholder Return” means, for the Company and each of the Peer Companies, the company’s total shareholder return, expressed as a percentage, which will be calculated by dividing (i) the Closing Average Share Value by (ii) the Opening Average Share Value and subtracting one from the quotient.

• In the case of a Change of Control of the Company, the Closing Average Share Value of the Company shall be the per share consideration paid by the acquiror of the Company, as determined by the Committee in its sole discretion.

• At the end of the Performance Period, the TSR for the Company, and for each company in the Peer Group, shall be calculated by dividing the Closing Average Share Value (as defined below) by the Opening Average Share Value (as defined below).

• At the end of each Performance Period, the TSR for the Company and for each Peer Company (as described below) shall be determined pursuant to the following formula and in accordance with the following definitions and rules: TSR = ((Closing Average Value - Opening Average Value) + Reinvested Dividends) ÷ Opening Average Value* *The result shall be rounded to the nearest hundredth of one percent (.01%).

• At the end of the Performance Period, the TSR for the Company, and for each Peer Company, shall be determined pursuant to the following formula:TSR = (Closing Average Share Value – Opening Average Share Value) + Reinvested DividendsOpening Average Share ValueThe result shall be rounded to the nearest hundredth of one percent (.01%).

More Definitions of Closing Average

Closing Average means the volume-weighted average price for one share of comScore Common Stock as quoted on the Nasdaq Global Select Market for the ten (10) consecutive trading days ending on the second (2nd) trading day immediately preceding the Closing Date.

Closing Average means the average of the closing sale prices for one share of LSI Common Stock as quoted on the NYSE for the ten (10) consecutive trading days ending on the second (2nd) trading day immediately preceding the Closing Date.

Closing Average means $27.34.

Closing Average means the average of the daily volume weighted average prices per share (calculated to the nearest one-hundredth of one cent) of the Company Common Stock on the NYSE (based on “regular way” trading on the NYSE only, as reported by Bloomberg L.P. or, if not reported thereby, by another authoritative source mutually agreed by the parties) over the 5 consecutive trading days immediately preceding the Closing Date. 1

Closing Average means the average of the closing sale prices for one share of Cloudera Common Stock as quoted on the NYSE for the ten (10) consecutive trading days ending on the second (2nd) trading day immediately preceding the Closing Date.

Closing Average. As defined in Section 4.5(a)(i).

Closing Average means the average closing price of Canmax common stock over the ten trading days preceding the delivery of a Conversion Notice, as reported on the NASDAQ stock market, OTC Bulletin Board or other exchange or quotation system on which shares of Canmax common stock may be quoted or listed.