Closing VWAP definition

Closing VWAP means the volume weighted average price of a VAALCO Share on the NYSE, rounded to four decimal places, and determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours, for the five consecutive trading days ending on the third complete trading day prior to (and excluding) the Effective Date, as reported by Bloomberg;

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Closing VWAP means the volume weighted average price of a Newmont Share, rounded to four decimal places, and determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours, for the five consecutive trading days ending on the third complete trading day prior to (and excluding) the Effective Date, as reported by Bloomberg;

Closing VWAP means the volume weighted average per-share price (as reported by Bloomberg), rounded to the nearest cent, of Parent Shares on the NYSE during the ten (10) full trading days ending on (and including) the trading day immediately preceding the Closing Date.

Examples of Closing VWAP in a sentence

In lieu of the issuance of any such fraction of a share to which a former holder of Converted Shares would otherwise be entitled, Acuren shall pay to the Exchange Agent an amount in cash, without interest, equal to the product of (i) the aggregate number of all fractions of shares of Acuren Common Stock that would otherwise have been required to be issued to holders of Converted Shares under Section 2.1(a)(ii), multiplied by (ii) the Acuren Closing VWAP (rounded to the nearest cent).
At the Closing (as defined below), if the VWAP of the Shares for the fifteen (15) trading days prior to the Closing Date (the “Closing VWAP”) is less than $8.30, then the Investor shall be entitled to receive a number of additional Shares equal to (i) (A) 8.30 minus (B) the Closing VWAP multiplied by (ii) 100,000.
For purposes of determining the number of Indemnification Escrow Shares used to satisfy any Indemnity Claim, each Indemnification Escrow Share shall be valued at the Closing VWAP.
Notwithstanding any other provision of this Agreement, each holder of Company Shares converted pursuant to the Merger who would otherwise have been entitled to receive a fraction of a Parent Share (after aggregating all shares represented by the Certificates and Book-Entry Shares delivered by such holder) shall receive, in lieu thereof and upon surrender of any right thereto, cash, rounded to the nearest whole cent and without interest, in an amount equal to such fraction, multiplied by the Closing VWAP.
With respect to any indemnification payment that includes Escrow Shares, the value of each Escrow Share is equal to the Innovate Closing VWAP for purposes of determining the number of shares to be delivered as the indemnification payment.

More Definitions of Closing VWAP

Closing VWAP means the volume weighted average price of a Broadcom Ordinary Share, rounded to four decimal places, and determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours, for the five (5) consecutive trading days ending on the third complete trading day prior to (and excluding) the Closing Date, as reported by Bloomberg; provided that the references to Broadcom Ordinary Shares shall be deemed replaced with Holdco Shares for any period in which Holdco Shares are listed and traded on NASDAQ and Broadcom Ordinary Shares are not so listed and traded.

Closing VWAP means the average VWAP of Parent Stock (rounded to the nearest one-hundredth of one cent) for the five (5) consecutive trading days ending the day prior to the Closing Date.

Closing VWAP means the VWAP for the ten (10) Business Days ending on the second Business Day before the Closing Date.

Closing VWAP means the previous Pricing Period VWAP;

Closing VWAP means the volume weighted average price of Parent Common Stock for the 20 consecutive Trading Days in the period ending on the Trading Day immediately prior to the Closing Date, as reported by Bloomberg, Inc. “Maximum Exchange

Closing VWAP shall have the meaning set forth in Section 2.1(a).

Closing VWAP means the dollar volume-weighted average price, rounded to four decimal points, of shares of Parent Common Stock on the principal securities exchange or securities market on which such security is then traded during the period beginning at 9:30:01 a.m., New York time, and ending at 4:00:00 p.m., New York time, as reported by Bloomberg through its “HP” function (set to weighted average) for the period of the 10 consecutive trading days prior to the date that is two Business Days prior to the Closing;