Closing Stock Value definition

Closing Stock Value shall have the meaning set forth in Section 2.1(d).

Closing Stock Value means the product obtained by multiplying (a) the Closing Stock Consideration by (b) the Allocation Price.

Closing Stock Value means the aggregate value, in United States dollars, of the Closing Shares as of the date of this Agreement.

Examples of Closing Stock Value in a sentence

• In lieu of any such fractional share, each Stockholder who would otherwise have been entitled to a fraction of a share of Flotek Common Stock (after aggregating all fractional shares of Flotek Common Stock issuable to such holder pursuant to the Merger) shall be paid in cash (without interest) an amount equal to such fraction multiplied by the Closing Stock Value.

• The number of shares of Circuit City Common Stock subject to a Circuit City Stores Option will equal the product obtained by multiplying (a) times (b) where “(a)” equals the number of shares of CarMax Group Common Stock covered by the CarMax Group Option, and “(b)” equals the quotient obtained by dividing the CarMax Opening Stock Value by the Circuit City Closing Stock Value.

• For a period of eighteen (18) months following the Closing Date (the "Put/Call Period"), provided that Network Commerce has complied with the terms of this subsection (c), ROI hereby grants to Network Commerce the right to sell all or any portion of Stock Consideration to ROI in the event that the closing sale price on the OTC:BB (or such other electronic trading system or national stock exchange on which the shares of ROI are then traded) is less than 67% of the Closing Stock Value (the "Put").

• For purposes of this provision, the value of each such share of Buyer Common Stock held by the Stockholders or by the Escrow Agent under the Escrow Agreement shall be equal to the Closing Stock Value.

• For purposes of this provision, the value of each such share of Buyer Common Stock shall be equal to the Closing Stock Value.

More Definitions of Closing Stock Value

Closing Stock Value means the closing per-share price of the AT&T Common Stock trading "ex-distribution" or "when issued (to give effect to the Distribution)" as listed on the NYSE as of 4:00 P.M., Eastern Standard Time or Eastern Daylight Time (whichever shall then be in effect) on the Distribution Date; provided, however, that if the Distribution occurs at a time when the NYSE is open for trading, AT&T Ex-Distribution Closing Stock Value shall mean the price at which AT&T Common Stock trading "ex-distribution" or "when issued (to give effect to the Distribution)" last trades immediately before the Distribution; provided further, that if the Distribution occurs prior to the first trade on the Distribution Date, the AT&T Ex-Distribution Closing Stock Value shall mean the price at which AT&T Common Stock trading "ex-distribution" or "when issued (to give effect to the Distribution)" last trades on the trading day immediately preceding the Distribution Date.

Closing Stock Value means $2.00 per share of Buyer Common Stock, as proportionately adjusted from time to time for any stock dividends, stock splits, reverse stock splits, reclassifications or events of a similar nature affecting the shares of Buyer Common Stock after the Effective Time.

Closing Stock Value means the aggregate value of Parent Common Stock delivered to the Exchange Agent pursuant to Section 2.05(b), with such aggregate value determined pursuant to Section 2.05(b).

Closing Stock Value means an amount equal to the product of (i) the aggregate of the Allocated Raven Shares and (ii) the lesser of (A) the average of the high and low trading prices of a share of Raven Common Stock on Nasdaq on the Closing Date or (B) the Average Price.

Closing Stock Value means the average closing stock price for one share of Acquiror Common Stock for the 10 trading days (as defined in the Company’s articles of incorporation) ending on and including the date five trading days prior to the Closing Date.

Closing Stock Value means the lower of (i) the volume weighted average price (as quoted by The Nasdaq Global Market) of Parent Stock for the 30-Trading Day period ending two Business Days prior to the Closing, and (ii) the volume weighted average price (as quoted by The Nasdaq Global Market) of Parent Stock for the 30-Trading Day period ending on August 6, 2021.

Closing Stock Value means $16.