Closing Average Share Price definition

Closing Average Share Price means the average of the closing prices of the Shares on all securities exchanges on which the Shares may at the time be listed, or, if there has been no sales on any such exchange on any day, the average of the highest bid and lowest asked prices on all such exchanges at the end of such day, or, if on any day such security is not so listed, the average of the representative bid and asked prices quoted in the Nasdaq National Market as of 4:00 P.M., New York time, or, if on any day such security is not quoted in the Nasdaq National Market, the average of the highest bid and lowest asked prices on such day in the domestic over-the-counter market as reported by the National Quotation Bureau, Incorporated, or any similar successor organization, in each such case on the Closing Date.
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Closing Average Share Price means the average Share Price over the 30 trading days immediately preceding the end of the Performance Period. “Share Price” means, with respect to a given trading day, the closing price of the Company’s Common Stock for such trading day.
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Closing Average Share Price means the average of the Closing Price of a share of relevant stock for the last 30 calendar days.
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Examples of Closing Average Share Price in a sentence

  • The value of the RBC Common Shares received for each RBTT Ordinary Share was determined by multiplying the Collar Exchange Ratio by the hypothetical RBC Closing Average Share Price, and then expressing this figure in Trinidad and Tobago dollars.

  • The table shows some hypothetical examples of the RBC Closing Average Share Price, the corresponding Collar Exchange Ratio using U.S. Dollar Equivalent amounts calculated as of February 7, 2008 (using the applicable exchange rate of 6.315 Trinidad and Tobago dollars per oneU.S. dollar), the value of the RBC Common Shares received for each RBTT Ordinary Share, the Cash Amount received pursuant to the Amalgamation (TT$24.00) and the total Per Share Consideration received by RBTT Shareholders.

  • If the Effective Date had been February 7, 2008, the RBC Closing Average Share Price would have been U.S.$50.605, the Collar Exchange Ratio would have been 0.05007, the value of RBC Common Shares received for each RBTT Ordinary Share would have been TT$16.00 and the total Per Share Consideration received by RBTT Shareholders pursuant to the Amalgamation would have been TT$40.00 (with 60% of the Per Share Consideration being paid in cash and 40% being paid in RBC Common Shares).

  • For purposes of such Three Million Three Hundred Thousand Dollar payment, shares of Purchaser Common Stock shall be valued at the Closing Average Share Price and such shares shall not be registered under the federal securities laws upon their issuance and shall not otherwise be accorded any registration rights.

  • The Collar Exchange Ratio will be determined by dividing the U.S. Dollar Equivalent of TT$16.00 by a specified price as set forth below: • If the RBC Closing Average Share Price is between U.S.$48.980 and U.S.$59.864, then the specified price for determining the Collar Exchange Ratio will be this RBC Closing Average Share Price.

  • The table shows some hypothetical examples of the RBC Closing Average Share Price, the corresponding Collar Exchange Ratio using U.S. Dollar Equivalent amounts calculated as of February 7, 2008 (using the applicable exchange rate of 6.315 Trinidad and Tobago dollars per one U.S. dollar), the value of the RBC Common Shares received for each RBTT Ordinary Share, the Cash Amount received pursuant to the Amalgamation (TT$24.00) and the total Per Share Consideration received by RBTT Shareholders.

  • Table of Contents As illustrated by this table, if the RBC Closing Average Share Price remains between U.S.$48.980 and U.S.$59.864: (i) the value of the RBC Common Shares to be received for each RBTT Ordinary Share following the completion of the Amalgamation will be TT$16.00; and (ii) the Per Share Consideration will be TT$40.00.


More Definitions of Closing Average Share Price

Closing Average Share Price means the average Share Price over the 30 trading days immediately preceding the end of the Performance Period.
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Closing Average Share Price means the Average Share Price of the Buyer Common Stock on the date of the Effective Time; provided, that: (A) in the event such Average Share Price is less than or equal to $5.35, the Closing Average Share Price shall be deemed to be $5.35; or (B) in the event such Average Share Price is greater than or equal to $7.35, the Closing Average Share Price shall be deemed to be $7.35.
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Closing Average Share Price is defined in Section 1.8(a).
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Closing Average Share Price means the average of the last sale price of a share of Purchaser Common Stock for the twenty (20) most recent days that Purchaser Common Stock has traded ending on January 14, 1998 as reported on the Nasdaq National Market (or such other principal market or exchange on which the Purchaser Common Stock may then be traded), rounded to the nearest cent.
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Related to Closing Average Share Price

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Average Share Price means the average of the closing price per share of Class A Common Stock on the New York Stock Exchange on the Friday (or if Friday is not a trading day, the last trading day before such Friday) for each week of the calendar quarter ending on the Quarter Date.

  • Opening Average Share Value means the average, over the trading days in the Opening Average Period, of the closing price of a company’s stock multiplied by the Accumulated Shares for each trading day during the Opening Average Period.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Average Sale Price means the average of the Sale Prices of the Common Stock for the shorter of

  • Average Stock Price means the average of the closing prices of a Share, as reported on NASDAQ (or such other stock exchange as is applicable), for the forty-five (45) trading day period immediately preceding the date for which the Average Stock Price is being determined hereunder.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported on the Pink Open Market. If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 12 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 15. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Per Share Price shall have the meaning set forth in Section 2.1.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Closing Market Price means the price at which the company’s security was last sold, on the applicable date,

  • Closing Stock Price means the average closing price of one share of Common Stock for the twenty consecutive trading days that include and immediately precede the last day of the Performance Period.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Adjusted Value as used in subdivision (d) means:

  • Average VWAP means the average of the VWAP for each Trading Day in the relevant period.

  • Share Price means any price of the Share as published by the Exchange.

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.