Closing Date Reference Price definition

Closing Date Reference Price means $7.35.
Closing Date Reference Price means $4.23.
Closing Date Reference Price. “shall mean the average closing price of Purchaser Common Stock on the Nasdaq National Market Exchange during the five (5) Trading Days ending prior to the date of the Closing Date.

Examples of Closing Date Reference Price in a sentence

  • For example, for illustration purposes only: (A) if the Parent Shares are split 2 to 1, then the Adjusted Closing Date Reference Price shall be the Closing Date Reference Price divided by 2; or (B) if the Parent Shares undergo a reverse split of 1 to 2, then the Adjusted Closing Date Reference Price shall be the Closing Date Reference Price multiplied by 2.

  • For purposes of satisfying any claim under this Agreement, the value of each Parent Share included in the Indemnity Escrow Amount shall be equal to the Closing Date Reference Price.

  • For purposes of satisfying any claim of a Seller Developing Agent Liability under this Agreement, the value of each Parent Share included in the Developing Agents Escrow Amount shall be equal to the Closing Date Reference Price.

  • If the Parent Shares held as any part of the Indemnity Escrow Amount are converted by the Parent through a stock split or a reverse stock split, then the Closing Date Reference Price shall be adjusted in direct but inverse relation to the stock split (the “Adjusted Closing Date Reference Price”).

  • If the Parent Shares held as any part of the Escrow Amount are converted by the Parent through a stock split or a reverse stock split, then the Closing Date Reference Price shall be adjusted in direct but inverse relation to the stock split (the “Adjusted Closing Date Reference Price”).

  • Number of signatures required for nomination to the Board of Directors.

  • The Escrow Agent shall pay all amounts due under an Adjustment Draw-Down Notice or Draw-Down Request, determined according to the terms of Section 3(a) and Section 3(b) of this Agreement, by releasing to the appropriate Buyer Indemnified Party a number of Aggregate Escrow Shares, rounded to the nearest whole number, equal to the quotient determined by dividing (x) the Adjustment Draw-Down Notice or Draw-Down Request amount by (y) the Adjusted Closing Date Reference Price.

  • In lieu of the issuance of any fractional share of Purchaser Common Stock, cash adjustments will be paid to holders in respect of any fractional share of Purchaser Common Stock that would otherwise be issuable, and the amount of such cash adjustment shall be equal to the product obtained by multiplying such stockholder’s fractional shares of Purchaser Common Stock that would otherwise be issuable by the Closing Date Reference Price.

  • If the Parent Shares are converted by Parent through a stock split or a reverse stock split, then the Closing Date Reference Price shall be adjusted in direct but inverse relation to the stock split (the “Adjusted Closing Date Reference Price”).


More Definitions of Closing Date Reference Price

Closing Date Reference Price means the price of XCel common stock as of the close of markets on the Business Day immediately preceding the Closing.
Closing Date Reference Price set forth in Section 1.1 of the Agreement is hereby deleted in its entirety and replaced with the following:
Closing Date Reference Price means $5.00.
Closing Date Reference Price means the average closing price of one Parent Share on the NYSE during the twenty (20) consecutive trading days ending on (and including) the trading day prior to the date of this Agreement.

Related to Closing Date Reference Price

  • Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

  • Final Reference Price means an amount (which shall be deemed to be a monetary value in the Underlying Currency) equal to the level of the Index at the Valuation Time on the Valuation Date or the Issuer Call Date, as the case may be, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such level can be determined and no Market Disruption Event has occurred and is continuing) an amount determined by the Calculation Agent as its good faith estimate of the level of the Index on such date having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent determines relevant;

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

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

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Closing Date Cash means Company Cash as of 11:59 P.M. on the date immediately prior to the Closing Date.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

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

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).