Closing FMV definition

Closing FMV means the volume weighted average trading price of the Common Shares on the TSX for the five trading days ending on the second trading day prior to the Effective Date, provided that, if such period includes any trading days that are "ex dividend" with respect to the Additional Dividend, then the relevant five-day trading period shall be the five trading days immediately prior to such ex-dividend date;
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Closing FMV means the volume weighted average price per share of Parent Common Stock (rounded down to the nearest cent) on the NYSE for the five (5) consecutive trading days ending on (and including) the second (2nd) trading day immediately prior to the Effective Time (as reported by the Wall Street Journal for each such trading day, or, if not reported by the Wall Street Journal, any other authoritative source mutually agreed by Parent and the Company).
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Closing FMV means the volume weighted average price per share of SunEdison common stock (rounded down to the nearest cent) on NYSE for the five consecutive trading days ending on (and including) the second trading day immediately prior to the effective time of the Proposed Transaction.
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Examples of Closing FMV in a sentence

  • Xxxxxx, the amount of such cash payment shall equal (A) the number of restricted share units subject to such Company RSU Award, adjusted for dividends (excluding any Additional Dividend) declared on the Company Common Shares since the date on which such Company RSU Award was granted, as contemplated by Section 6(b) of the Share Award Incentive Plan, multiplied by (B) the Closing FMV.

  • Xxxxxx, the amount of such cash payment shall equal (A) the number of performance share units subject to such Company PSU Award, adjusted for dividends (excluding any Additional Dividend) declared on the Company Common Shares since the date on which such Company PSU Award was granted, as contemplated by Section 6(b) of the Share Award Incentive Plan, multiplied by (B) a “Payout Multiplier” of 2.0, multiplied by (C) the Closing FMV.

  • The amendments set forth in Section 1 amend the Purchaser FMV Warrant on and as of the date hereof, and the Purchaser Closing FMV Warrant shall remain in full force and effect as amended thereby (including for the avoidance of doubt, Section 3.5, as amended thereby), from and after the date hereof in accordance with its terms.

  • Pursuant to Section 4.8 of the Purchaser Closing FMV Warrant, the Company hereby notifies the Purchaser that the address and related contact information of the Company shall be changed as follows: Consumer Portfolio Services, Inc.

  • Pursuant to Section 4.7 of the Purchaser Closing FMV Warrant, the Company and the Purchaser hereby agree that the Warrant Purchase Price shall be amended to equal $1.44 (subject to further adjustment as provided in the Purchaser Closing FMV Warrant).

  • Appropriate provisions are made for obsolete and slow- moving inventories.

  • Pursuant to the Merger Agreement, the number of shares of SunEdison common stock constituting Additional Stock Consideration will be determined as the number of shares that, based on the Closing FMV, have a value equal to $0.75.

  • A majority of the members of the Executive Compensation Committee shall constitute a quorum for the transaction of business and, except as expressly limited by this Section 3, the act of a majority of the members present at any meeting at which there is a quorum shall be the act of the Executive Compensation Committee.

  • The amendment set forth in Section 1 amends the Purchaser Closing FMV Warrant on and as of the date hereof, and the Purchaser Closing FMV Warrant shall remain in full force and effect, as amended thereby, from and after the date hereof in accordance with its terms.

  • The number of shares of Parent Common Stock to be paid in respect of the Company Class B Stock Options shall be determined by dividing (i) the amount of the Class B Option Value to be paid by (ii) the Parent Common Stock Closing FMV.

Related to Closing FMV

  • 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.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Second Closing has the meaning set forth in Section 2.2.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • 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.

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

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • 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 Cash shall have the meaning set forth in Section 2.11(g).

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Closing has the meaning set forth in Section 2.2.

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

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

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

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Closing Payment has the meaning set forth in Section 2.2.

  • Closing Amount has the meaning set forth in Section 2.3.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Final Closing Statement has the meaning set forth in Section 2.4(a).