Closing Date Market Value definition

Closing Date Market Value of a share of Parent Class A stock will be the last sale price reported on the New York Stock Exchange (“NYSE”) on the last NYSE trading day before the Closing Date.
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Closing Date Market Value means the average of the closing prices of a share of Greenwich Class B Stock, as reported on Nasdaq for the twenty trading days ending on the trading date immediately prior to the Closing Date.
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Closing Date Market Value. Section 1.3(c) "Code" Recitals "Company" Preamble "Company Audited Financial Statements" Section 2.4(a) "Company Benefit Plans" Section 2.14(a) "Company Disclosure Schedules" Article II Preamble "Company Employees" Section 2.14(a) "Company Financial Statements" Section 2.4(a) "Company Permitted Liens" Section 2.5 "Company Qualified Plan" Section 2.14(c) "Company Unaudited Financial Statements" Section 2.4(a) "Company's Securities" Section 2.2(a) "Determination Date" Section 6.3(c) "Environmental Laws" Section 2.20 "Exchange Act" Section 3.4(a) "General Escrow Agreement" Section 6.5(a) "General Escrow Share" Section 6.5(a) "Governmental Authority" Section 2.6 "Indemnitee" Section 6.3(a) "Indemnitor" Section 6.3(a) "Indemnitor Notice" Section 6.3(b) "Intellectual Property" Section 2.7(a) "Law" Section 2.1(d) "Licenses" Section 2.8 "Liens"
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Examples of Closing Date Market Value in a sentence

  • Any holder of Company Common Stock who, but for this Section 1.6(c), would be entitled to receive a fraction of a share of Parent Class A Stock will receive, instead of that fraction of a share, cash equal to the Closing Date Market Value of a share of Parent Class A Stock times that fraction (which fraction shall be rounded to the nearest thousandth when expressed in decimal form).

  • The Special Escrow Agreement shall provide that the number of Special Escrow Shares released in respect of any Special Escrow claims shall be determined by using the Closing Date Market Value.

  • No fraction of a share of Greenwich ------------------ Class B Stock shall be issued in connection with the conversion of UNC Common Stock in the Merger and the distribution of Greenwich Class B Stock in respect thereof, but in lieu of such fraction, the Exchange Agent shall make a cash payment (without interest) equal to the same fraction of the Closing Date Market Value of a full share of Greenwich Class B Stock.

  • If the Closing Date Market Value Per Unit is less than $38.7494 (such lesser amount being referred to herein as the "Floor Amount"), then the number of Common Units issuable pursuant to Section 1.2.1(a)(ii) prior to the adjustment (i.e., 299,079) shall be increased so that the number of Common Units issuable pursuant thereto after adjustment as provided herein shall equal the product of (x) 299,079 times (y) the quotient resulting from dividing the Floor Amount by the Closing Date Market Value Per Unit.

  • The General Escrow Agreement shall provide that the number of General Escrow Shares released in respect of any General Escrow claims shall be determined by using the Closing Date Market Value.

  • For purposes of this Agreement, the "Closing Date Market Value" of the Purchaser Shares shall mean the average of the closing sale prices per share of the Purchaser Common Stock during the period consisting of the 30 consecutive trading days ending on the day which is three days prior to the Closing Date.

  • Upon receipt of the Purchaser Shares, at the Closing, the Company shall deliver to the Escrow Agent (as hereinafter defined) certificates representing a number of Purchaser Shares having an aggregate Closing Date Market Value equal to $2,770,000 in respect of the Escrow (as defined herein), duly endorsed for transfer, to be held by the Escrow Agent in accordance with the terms of the Escrow Agreement, in the form of Attachment A hereto.

  • No fraction of a share of Greenwich Class B Stock shall be issued in connection with the conversion of UNC Common Stock in the Merger and the distribution of Greenwich Class B Stock in respect thereof, but in lieu of such fraction, the Exchange Agent shall make a cash payment (without interest) equal to the same fraction of the Closing Date Market Value of a full share of Greenwich Class B Stock.

  • It is looking like it is going to 8 take longer than that by a couple of months.


More Definitions of Closing Date Market Value

Closing Date Market Value. Billable Minute" "Escrow Agreement", "Escrowed Shares", and "Willis Group" contained ix Xxxxion 1 of the Purchase Agreement and all references to said terms in the Purchase Agreement are hereby deleted.
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Closing Date Market Value means, with respect to the Common Stock, the average of the last sale price of shares of the Common Stock on the five (5) business days ending on the third business day immediately preceding the Closing Date.
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Closing Date Market Value of UV Common Stock as of a the Closing Date of this Agreement shall mean the average of the price of a share during the last twenty (20) trading days of Common Stock of UV common stock as determined on the basis of the last reported sales price on the principal national securities exchange (including, for purposes hereof, any of the several Nasdaq markets) upon which the Common Stock is listed or admitted to trading. Such closing price shall be the last reported sales price or, if the Common Stock is not listed or admitted to trading on the any national securities exchange, (including any of the several Nasdaq markets) or similar organization, the Closing Date Market Price shall be determined on the basis of the average of the last reported sales price on the Over-the-Counter Bulletin Board for the twenty (20) consecutive trading days preceding such date (“Measurement Days”); or, if such shares are not traded on the Over-the-Counter Bulletin Board, the Closing Date Market Value will be determined by an independent reputable valuation and appraisal company mutually agreed upon by UV and Red Oak (which appraiser shall be instructed to disregard any minority shares discount), and if no agreement can be reached within a 30-day period, by the average of the two Closing Date Market Values as determined by independent reputable valuation and appraisal companies retained by each of UV and Red Oak provided, however, that the aggregate fees and expenses of any such independent valuation and appraisal company or companies shall be shared evenly between UV, on the one hand, and Red Oak.
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Related to Closing Date Market Value

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Initial Market Value means, in relation to a Ship, the Market Value of that Ship calculated in accordance with the valuations relative thereto referred to in paragraph 5 of Schedule 4, Part B;

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

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Average Market Value is the average of the closing sale prices of the Common Stock during the thirty (30) day period immediately preceding the date before the redemption date on the Composite Tape for New York Stock Exchange Listed Stocks, or, if such stock is not quoted on the Composite Tape, on the New York Stock Exchange, or, if such stock is not listed on such Exchange, on the principal United States securities exchange registered under the Securities Exchange Act of 1934, as amended, on which such stock is listed, or, if such stock is not listed on any such exchange, the average of the closing sale prices with respect to a share of Common Stock during such thirty (30) day period, as quoted on the National Association of Securities Dealers, Inc. Automated Quotations System or any system then in use, or if no such quotations are available, the fair market value of the Common Stock as determined by the Board of Directors in good faith.

  • Applicable Market Value has the meaning specified in Section 5.1.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Second Closing Date means the date of the Second Closing.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • ST Valuation Date means the Redemption Valuation Date.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Closing Date Balance Sheet has the meaning specified in Section 2.7.

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

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Per Share Market Value means on any particular date (a) the last closing bid price per share of the Common Stock on such date on the OTC Bulletin Board or another registered national stock exchange on which the Common Stock is then listed, or if there is no such price on such date, then the closing bid price on such exchange or quotation system on the date nearest preceding such date, or (b) if the Common Stock is not listed then on the OTC Bulletin Board or any registered national stock exchange, the last closing bid price for a share of Common Stock in the over-the-counter market, as reported by the OTC Bulletin Board or in the National Quotation Bureau Incorporated or similar organization or agency succeeding to its functions of reporting prices) at the close of business on such date, or (c) if the Common Stock is not then reported by the OTC Bulletin Board or the National Quotation Bureau Incorporated (or similar organization or agency succeeding to its functions of reporting prices), then the average of the "Pink Sheet" quotes for the five (5) Trading Days preceding such date of determination, or (d) if the Common Stock is not then publicly traded the fair market value of a share of Common Stock as determined by an Independent Appraiser selected in good faith by the Majority Holders; provided, however, that the Issuer, after receipt of the determination by such Independent Appraiser, shall have the right to select an additional Independent Appraiser, in which case, the fair market value shall be equal to the average of the determinations by each such Independent Appraiser; and provided, further that all determinations of the Per Share Market Value shall be appropriately adjusted for any stock dividends, stock splits or other similar transactions during such period. The determination of fair market value by an Independent Appraiser shall be based upon the fair market value of the Issuer determined on a going concern basis as between a willing buyer and a willing seller and taking into account all relevant factors determinative of value, and shall be final and binding on all parties. In determining the fair market value of any shares of Common Stock, no consideration shall be given to any restrictions on transfer of the Common Stock imposed by agreement or by federal or state securities laws, or to the existence or absence of, or any limitations on, voting rights.

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Current Market Value per Unit at any date means: (A) in the event that neither the Units nor Public Warrants are still trading, the remainder derived from subtracting (x) the exercise price of the Warrants multiplied by the number of shares of Common Stock issuable upon exercise of the Warrants underlying one Unit from (y) (i) the Current Market Price of the Common Stock multiplied by (ii) the number of shares of Common Stock underlying one Unit, which shall include the shares of Common Stock underlying the Warrants included in such Unit; (B) in the event that the Units, Common Stock and Public Warrants are still trading, (i) if the Units are listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or NASD OTC Bulletin Board (or successor exchange), the last sale price of the Units in the principal trading market for the Units as reported by the exchange, Nasdaq or the NASD, as the case may be, on the last trading day preceding the date in question; or (ii) if the Units are not listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or the NASD OTC Bulletin Board (or successor exchange), but is traded in the residual over-the-counter market, the closing bid price for Units on the last trading day preceding the date in question for which such quotations are reported by the Pink Sheets, LLC or similar publisher of such quotations; and (C) in the event that the Units are not still trading but the Common Stock and Public Warrants underlying the Units are still trading, the Current Market Price of the Common Stock plus the product of (x) the Current Market Price of the Public Warrants and (y) the number of shares of Common Stock underlying the Warrants included in one Unit. The “Current Market Price” shall mean (i) if the Common Stock (or Public Warrants, as the case may be) is listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or NASD OTC Bulletin Board (or successor exchange), the last sale price of the Common Stock (or Public Warrants) in the principal trading market for the Common Stock as reported by the exchange, Nasdaq or the NASD, as the case may be, on the last trading day preceding the date in question; (ii) if the Common Stock (or Public Warrants, as the case may be) is not listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or the NASD OTC Bulletin Board (or successor exchange), but is traded in the residual over-the-counter market, the closing bid price for the Common Stock (or Public Warrants) on the last trading day preceding the date in question for which such quotations are reported by the Pink Sheets, LLC or similar publisher of such quotations; and (iii) if the fair market value of the Common Stock cannot be determined pursuant to clause (i) or (ii) above, such price as the Board of Directors of the Company shall determine, in good faith. In the event the Public Warrants have expired and are no longer exercisable, no “Value” shall be attributed to the Warrants underlying this Purchase Option. Additionally, in the event that this Purchase Option is exercised pursuant to this Section 2.3 and the Public Warrants are still trading, the “Value” shall be reduced by the difference between the Warrant Exercise Price and the exercise price of the Public Warrants multiplied by the number of Warrants underlying the Units included in the portion of this Purchase Option being converted.

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Gross Fair Market Value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets; and

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