Closing Parent Share Price definition

Closing Parent Share Price means $5.7532.
Closing Parent Share Price means the mean between the high and low selling prices, regular way, of a Parent Common Share on The Nasdaq Stock Market on the date of the Effective Time, as reported by Bloomberg LP (or if not so reported, as reported by such other reporting service as is reasonably agreed to by the parties).
Closing Parent Share Price means the average of the closing sale price of one share of Parent Common Stock, as quoted on the NASDAQ Global Select Market, for the ten full trading days ending on the third full trading day immediately preceding the Closing Date; provided, however, that in the event that such average is less than or equal to $25.663 (the “Lower Threshold”), the “Closing Parent Share Price” will be deemed to be $25.663, and provided, further, that in the event that such average is greater than or equal to $32.663 (the “Upper Threshold”), the “Closing Parent Share Price” will be deemed to be $32.663.

Examples of Closing Parent Share Price in a sentence

  • Each holder of a fractional share interest shall be paid an amount in cash (without interest) equal to the product obtained by multiplying (i) such fractional share interest to which such holder (after taking into account all fractional share interests then held by such holder) would otherwise be entitled by (ii) the Closing Parent Share Price.

  • Parent and Company each agrees that it shall not, and shall cause its directors, officers, subsidiaries and affiliates to not, directly or indirectly, take any action that is intended to manipulate the Closing Parent Share Price.

  • Each holder who otherwise would have been entitled to a fraction of a share of Parent Common Stock shall receive in lieu thereof cash (without interest) in an amount determined by multiplying the fractional share interest to which such holder would otherwise be entitled (after taking into account all shares of Company Common Stock owned by such holder at the Effective Time) by the Closing Parent Share Price.

  • Any Parent Shares so withheld shall be valued at the Closing Parent Share Price for such payment.


More Definitions of Closing Parent Share Price

Closing Parent Share Price means, on any date, the closing stock price of a share of Parent Common Stock on such date as reported by the Nasdaq Global Market.
Closing Parent Share Price means the average 4:00 p.m. Eastern Time closing price for shares of Parent Common Stock as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System (the "NASDAQ") for each of the 20 trading days ending on the second business day prior to the Closing.
Closing Parent Share Price means $5.6783, as adjusted from time to time after the date hereof for any stock dividend, stock split, combination, reorganization, recapitalization, reclassification, or other similar event involving a change in the capital structure of the Parent Shares;
Closing Parent Share Price means $4.442.
Closing Parent Share Price. Section 2.1(f) "Closing Transaction Value" Section 2.1(f) "Code" Recitals "Common Cash Consideration" Section 2.1(a)(i) "Common Merger Consideration" Section 2.1(a)(i) "Common Share Consideration" Section 2.1(a)(i) "Company" Preamble "Company Benefit Agreements" Section 3.11(b)(iii) "Company Benefit Plan" Section 3.10(a) "Company Bylaws" Section 3.1 "Company Certificate of Incorporation" Section 3.1 "Company Common Stock" Section 2.1(a)(i) "Company Disclosure Schedule" Article 3 "Company ESPP" Section 6.14 "Company Form 10-K" Section 3.5(c) "Company Material Contract" Section 3.8(a) "Company Preferred Stock" Section 3.3(a) "Company Products & Technology" Section 3.15(h) "Company Recommendation" Section 6.2(c)
Closing Parent Share Price means $10.46.