Deadlock Price definition

Deadlock Price has the meaning given in clause 13.2.
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Deadlock Price has the meaning given in Clause 20.4.2(a);‌‌
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Deadlock Price means a price equal to (i) the Designated Valuation multiplied by (ii) the Percentage Interest of the selling Member; provided that in the event the Accepting Member delivers an Election -------- Notice in which it agrees to sell its Interest pursuant to Section 2.7(c), at the Accepting Member's option, such Election Notice may include an irrevocable election that the Deadlock Price shall instead mean a price equal to (i) Fair Market Value of the Company (calculated in accordance with Section 2.6) multiplied by (ii) the Percentage Interest of the selling Member. If such an election is made, within thirty (30) days after such determination of the Deadlock Price, the Electing Member may by written notice to the Accepting Member elect to (x) purchase the Accepting Member's Interest at such Deadlock Price (any such notice, a "FMV Confirmation") or (y) irrevocably withdraw its Deadlock Notice with respect to the applicable Deadlock Event.
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Examples of Deadlock Price in a sentence

  • Upon service of a Response Notice, the Initiator must sell (upon payment of the Deadlock Price), and the Responder must buy, all the Initiator's Shares at the Deadlock Price.

  • The value of the Article 9 Percentage Interest for purposes of clause (i) and the Call Agreement will equal the portion of the NII Deadlock Price attributable to the NII Shares delivered in accordance with Section 9.8 and the price for purposes of clause (ii) will equal the remaining portion of the NII Deadlock Price.

  • The value of the Article 9 Percentage Interest for purposes of clause (i) and the Call Agreement will equal the portion of the Investor Deadlock Price attributable to the NII Shares delivered in accordance with Section 9.8 and the price for purposes of clause (ii) will equal the remaining portion of the Investor Deadlock Price.

  • To purchase the offeree’s Shares at the Deadlock Price free and clear of all liens and encumbrances.

  • Upon service of a Buyer Purchase Notice on the Seller the latter shall be bound to sell (upon payment of the Deadlock Price), and the Buyer who has served a Buyer Purchase Notice shall be bound to purchase (at the Deadlock Price), all the Sale Shares, which the Seller shall transfer on the Transfer Terms.

  • Upon service of a Purchase Notice on the Pricing Party, the Pricing Party shall be bound to sell (upon payment of the Deadlock Price), and the Deciding Party who has served a Purchase Notice shall be bound to purchase (at the Deadlock Price), all of the Sale Interest owned by the Pricing Party, which the Pricing Party shall transfer, free from all claims, liens and encumbrances, together with all rights attached thereto at the date of service of the Deadlock Notice.

  • The Deadlock Price shall be reduced, if TechData is the purchaser, or increased, if TechData is the seller, by the value of the TechData Advance funding Whichever party is obliged under this Clause 12.11 to acquire the Ordinary Shares of the other Shareholder shall also at the same time be obliged to acquire, in the case of TechData, the Preference Shares for an aggregate price of £1 and, in the case of either Shareholder, the Deferred Shares held by the other Shareholder for an aggregate price of £1.

  • The Deadlock Notice shall specify the price at which the Pricing Party is willing, able and prepared to sell all (but not part) of the interest it owns in the Company (the “Sale Interest”) to the Deciding Party (the “Deadlock Price”) and may not be conditional on any term other than the receipt of the Deadlock Price.

  • Thereafter, the Purchaser shall either (i) sell all of its shares of Common Stock to Nevasa for a per share price equal to the Deadlock Price or (ii) purchase all of Nevasa's shares of Common Stock at a per share price equal to the Deadlock Price.

  • The sale was for 700,000 tons of CERs with expected benefits of about CNY75 million.


More Definitions of Deadlock Price

Deadlock Price has the meaning ascribed thereto at section 5.2 hereof.
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Deadlock Price has the meaning given in Clause 12.11(a);
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Deadlock Price means a price equal to (i) the Designated Valuation multiplied by (ii) the Percentage Interest of the selling Member; provided that in the event the Accepting Member delivers an Election Notice in which it agrees to sell its Interest pursuant to
Sample 1

Related to Deadlock Price

  • Deadlock has the meaning set forth in Section 11.01.

  • Stock Price shall have the meaning specified in Section 14.03(c).

  • Ask Price means the price at which the Company is willing to sell a CFD.

  • Average Stock Price means the average of the closing prices of a Share, as reported on NASDAQ (or such other stock exchange as is applicable), for the forty-five (45) trading day period immediately preceding the date for which the Average Stock Price is being determined hereunder.

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • Beginning Stock Price means the average of the closing prices of the Common Stock or the shares of the Peer Group, as applicable, for the 20 trading days ending on the trading date immediately preceding the first day of the Performance Period.

  • Positive Test Result means a finding of the presence of drugs, alcohol, or their metabolites in the sample tested in levels at or above the threshold detection levels contained in the standards of one of the programs listed in Minn. Stat. § 181.953, Subd. 1.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 15. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

  • Remaining Net Positive Adjustments means as of the end of any taxable period, (i) with respect to the Unitholders holding Common Units or Subordinated Units, the excess of (a) the Net Positive Adjustments of the Unitholders holding Common Units or Subordinated Units as of the end of such period over (b) the sum of those Partners’ Share of Additional Book Basis Derivative Items for each prior taxable period, (ii) with respect to the General Partner (as holder of the General Partner Units), the excess of (a) the Net Positive Adjustments of the General Partner as of the end of such period over (b) the sum of the General Partner’s Share of Additional Book Basis Derivative Items with respect to the General Partner Units for each prior taxable period, and (iii) with respect to the holders of Incentive Distribution Rights, the excess of (a) the Net Positive Adjustments of the holders of Incentive Distribution Rights as of the end of such period over (b) the sum of the Share of Additional Book Basis Derivative Items of the holders of the Incentive Distribution Rights for each prior taxable period.

  • Closing Stock Price means the average closing price of one share of Common Stock for the twenty consecutive trading days that include and immediately precede the last day of the Performance Period.

  • Applicable Stock Price means, in respect of a Conversion Date, the average of the Closing Sale Prices per share of Common Stock over the five-Trading Day period starting the third Trading Day following such Conversion Date.

  • Average Sale Price means the average of the Sale Prices of the Common Stock for the shorter of

  • Net Positive Adjustments means, with respect to any Partner, the excess, if any, of the total positive adjustments over the total negative adjustments made to the Capital Account of such Partner pursuant to Book-Up Events and Book-Down Events.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the closing price of the shares of Substitute Common Stock on the day preceding such consolidation, merger or sale; provided that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by the person merging into Issuer or by any company which controls or is controlled by such person, as the Holder may elect.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Average VWAP means the average of the VWAP for each Trading Day in the relevant period.

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.