Daily Share Price for any trading day means the volume weighted average of the per share selling prices on the New York Stock Exchange of Tyco Common Shares (as reported in the New York Stock Exchange Composite Transactions Tape) for that day.
Daily Share Price for any trading day means the volume-weighted average of the per share selling prices on the NYSE of the Guarantor Common Shares for that day, as reported by Bloomberg Financial Markets (or if such service is unavailable, a service providing similar information selected by Acquiror and the Company).
Daily Share Price means, for any trading day, the last reported sales price regular way or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way on such day, in either case on the NASDAQ National Market or, if such stock is not listed or admitted to trading on the NASDAQ National Market, on the principal national securities exchange on which such stock is then listed or admitted to trading, or, if such stock is not then listed or admitted to trading on any national securities exchange, the average of the closing bid and asked prices on such day in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Buyer. If none of the foregoing conditions is met with respect to shares of Buyer Common Stock, as the case may be, the Buyer shall deliver a written proposal (the “Buyer Proposal”) to Seller for the Average Share Price, as applicable, based on the fair market value of such class of stock as of the date of such proposal. Within 10 days of such proposal, the Seller shall notify Buyer in writing whether it agrees or disagrees with such Buyer Proposal. If the Seller agrees with such Buyer Proposal (or if it fails to provide any written notice within such 10 day period), then the Buyer Proposal shall be the Average Share Price. If the Seller disagrees with such Buyer Proposal, then the Seller and the Buyer shall each promptly retain an investment bank of recognized national standing (a “Bank”). The fees and expenses of each Bank shall be paid by the party who retained such Bank. Each Bank shall be instructed to render a determination of the fair market value of the Buyer Common Stock as of the date of the Buyer Proposal within 30 days of its engagement, and the Average Share Price shall be determined by calculating the average of the Banks’ determinations of the fair market value. If, however, the higher of such determinations is greater than 120% of the lower of such determinations, then the Banks shall promptly nominate a third Bank (the “Third Bank”). The Buyer and the Seller shall jointly appoint the Third Bank to provide a determination of the fair market value of the Buyer Common Stock as of the date of the Buyer Proposal, and the Average Share Price shall be determined by calculating the average of the Third Bank’s determination of the fair market value and whichever Bank’s determination of the fair market value is closer in value to the dete...
Examples of Daily Share Price in a sentence
The proxy for the state of the Pre-Liberalisation Real Sector Reform1961-801981-90.01564.066740.519811.00239industrial economy is index of industrialproduction (DIIP), the variable is expectedFinancial Sector Reform1991-951996-99(April) -.004 5.48752Note: Economic Times Daily Share Price Index has been used to calculate mean daily return for the total period and different sub-periods.
More Definitions of Daily Share Price
Daily Share Price means, with respect to each trading day, the average of the high and low sale prices of a share of Common Stock on such trading day.
Daily Share Price means, for any Trading Day, the closing prices on the Nasdaq Global Market, as reported by Nasdaq (the “NASDAQ”), of Buyer Common Stock for that day or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way on such day, in either case on the NASDAQ Global Market or, if such stock is not listed or admitted to trading on the NASDAQ Global Market, on the principal national securities exchange on which such stock is then listed or admitted to trading, or, if such stock is not then listed or admitted to trading on any national securities exchange, the average of the closing bid and asked prices on such day in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Buyer and reasonably acceptable to Parent.
Daily Share Price is defined in Section 1.06(a)(i).
Daily Share Price for any Trading Day means the volume-weighted average of the per share selling prices on the Nasdaq National Market, as reported by Nasdaq (the "NASDAQ"), of Buyer Common Stock for that day, or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way on such day, in either case on the NASDAQ National Market or, if such stock is not listed or admitted to trading on the NASDAQ National Market, on the principal national securities exchange on which such stock is then listed or admitted to trading, or, if such stock is not then listed or admitted to trading on any national securities exchange, the average of the closing bid and asked prices on such day in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Buyer and reasonably acceptable to the Stockholder Representative.
Daily Share Price is defined in Section 1.8(a).
Daily Share Price means, for any trading day, the closing price per share of the Common Stock on The Nasdaq Stock Market (or other principal securities market on which the Common Stock is then traded) on such day, or, if there are no sales of the Common Stock on such securities market on such day, the average of the high bid and low ask prices for the Common Stock on such day, or, if there are no high bid and low ask prices for the Common Stock on such day, as determined by the Board of Directors of the Company in good faith.