Closing Per Share Price definition

Closing Per Share Price shall have the meaning ascribed to such term in the Primary Financing SPA.

Closing Per Share Price means the quotient obtained by dividing (x) the Purchase Price paid by such Buyer on the Shares Closing Date, by (y) the amount of Initial Purchased Shares purchased by such Buyer on the Shares Closing Date (as adjusted for stock splits, stock dividends, recapitalizations, reorganizations, reclassifications, combinations, reverse stock splits, changes to the ratio of Ordinary Shares per ADS or other similar events related to the PublicCo Ordinary Shares and/or the ADSs occurring after the Shares Closing Date, including the Merger).

Closing Per Share Price means $0.243589743590

Examples of Closing Per Share Price in a sentence

• The Estimated Statement shall be binding on the Company, on the one hand, and Buyer, on the other hand, for purposes of this Section 3.2(a) and shall be used to determine the Closing Per Share Price.

• The purchase price payable to RLI for its Purchased Shares shall be (i) an amount equal to the number of Purchased Shares multiplied by the Closing Per Share Price (the “RLI Closing Payment”) on the terms set forth in Section 2.5 plus (ii) the amounts, if any, RLI is entitled to receive pursuant to Section 2.8, Section 2.12(c) and Section 7.18(g) of the Merger Agreement on the terms set forth therein.

• Subject to the foregoing, the Estimated Statement shall be binding on the Company, on the one hand, and Buyer, on the other hand, for purposes of this Section 3.2(a) and shall be used to determine the Closing Per Share Price.

• Shares of the Class I Preferred have a stated value of Twelve and 31/100 Dollars ($12.31) per share and shares of the Class II Preferred shall have a stated value equal to the Closing Per Share Price (as defined in the Preferred Stock Purchase Agreement dated June 15, 2000 among the Company, UBS Capital Americas III, L.P. and UBS Capital LLC (the "Preferred Stock Purchase Agreement")) (as applicable to the Class I Preferred or the Class II Preferred, as the case may be, the "Stated Value").

• In lieu of the issuance of any such fractional share, Acquiror shall pay in cash (rounded to the nearest whole cent), without interest, to each former Company Stockholder who otherwise would be entitled to receive such fractional share, after aggregating all fractional shares that otherwise would be paid to such Person, an amount equal to such fractional amount multiplied by the Closing Per Share Price.

More Definitions of Closing Per Share Price

Closing Per Share Price means an amount equal to the quotient of (x) the remainder of (i) the Merger Consideration, minus (ii) the Adjustment Escrow Amount, minus (iii) the Regular Indemnity Escrow Amount, minus (iv) the Special Indemnity Escrow Amount, minus (v) the Expense Reserve Holdback Amount, divided by (vi) the number of Shares (other than Shares to be canceled in accordance with Section 2.8(b), and Shares held by Company Subsidiaries, if any).

Closing Per Share Price means an amount equal to the quotient of (x) the excess of (i) the Merger Consideration over (ii) the sum of (A) the Adjustment Escrow Amount plus (B) the Indemnification Escrow Amount, divided by (y) the number of Fully Diluted Shares.

Closing Per Share Price means the Average VWAP of the Buyer Common Stock for the 10-Trading Day period immediately preceding the Closing Measurement Date.

Closing Per Share Price means an amount equal to the quotient obtained by dividing (x) the Net Closing Date Consideration, plus the Aggregate Exercise Amount by (y) the Aggregate Share Number.

Closing Per Share Price has the meaning set forth in Section 3.

Closing Per Share Price means the greater of: (a) the average closing price of one share of Purchaser Common Stock as reported by The Nasdaq Stock Market LLC for the fifteen (15) consecutive trading days ending on the date that is five (5) days immediately preceding the Closing Date (as adjusted as appropriate to reflect any stock splits, stock dividends, reverse stock splits, combinations, reorganizations, reclassifications or similar events affecting the Purchaser Common Stock after the date of the Agreement), and $5.10.

Closing Per Share Price means the quotient of (a) the aggregate Liquidation Preference of the 1,000,000 shares of the Series A Preferred Stock to be repurchased by the Company pursuant to this Agreement, plus all accrued and unpaid dividends on such 1,000,000 shares of the Series A Preferred Stock through the Closing Date, divided by (b) 1,000,000.