Designated Price definition

Designated Price means $50,000 per share, as adjusted pursuant to the terms hereof, plus all accrued and unpaid dividends.

Designated Price means the 20-day volume weighted average price of the common stock of the Borrower preceding the issuance of a press release or other similar public announcement of the Clearwater Acquisition.

Designated Price has the meaning set forth in Section 11.2.

Examples of Designated Price in a sentence

• Designated Price Agreements may expire or terminate, and DAS PS does not promise or guarantee the effectiveness of any particular Designated Price Agreement at the time ORCPP Member desires to make a purchase.

• ORCPP Member shall accept the terms and conditions of a Designated Price Agreement without modification, including use of a specific Ordering Instrument as described in the applicable Designated Price Agreement.

• DAS PS has established and operates the Oregon Cooperative Procurement Program to improve service and cost efficiencies for each entity qualified to participate in the ORCPP (“Qualified Entity”) by authorizing the Qualified Entity through agreement with DAS PS to purchase goods, services, or both, using Designated Price Agreements and to access various procurement resources available through DAS PS.

• Only DAS has the authority to change, modify, or amend Designated Price Agreements.

• Each share of Series A-2 Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, into such number of fully paid and nonassessable shares of Class A Common Stock as is determined by dividing the Series A Designated Price by the Series A-2 Conversion Price (as defined below) in effect at the time of conversion.

More Definitions of Designated Price

Designated Price means the closing price of the Shares reported for the trading day immediately before the date of this Agreement. As used herein, the term "Designated Number" means the quotient obtained from dividing (a) $450,000 by (b) the Designated Price.

Designated Price means the highest of (i) the highest purchase price per share paid after the date of this Option Agreement and on or prior to the Request Date pursuant to any tender or exchange offer made for shares of Company Common Stock, (ii) the highest price per share paid or to be paid by any Person for shares of Company Common Stock pursuant to any agreement contemplating a merger or other business combination transaction involving the Company that was entered into after the date of this Option Agreement and on or prior to the Request Date, (iii) the highest bid price per share of Company Common Stock as quoted on The Nasdaq National Market (or if Company Common Stock is not quoted on The Nasdaq National Market, the highest bid price per share of Company Common Stock as quoted on any other market comprising a part of The Nasdaq Stock Market or, if the shares of Company Common Stock are not quoted thereon, on the principal trading market (as defined in Regulation M under the Exchange Act) on which such shares are traded as reported by a recognized source) during the 90-day period ending on the Request Date, or (iv) the highest Exercise Price paid or payable for any Option Shares. If any portion of the consideration paid or to be paid pursuant to clause "(i)" or "(ii)" of the preceding sentence is in a form other than cash, then the value of the non-cash portion of such consideration shall be determined in good faith by an independent nationally recognized investment banking firm selected by the Company, and such firm's determination of such value shall be final and conclusive for all purposes under this Option Agreement.

Designated Price means the average per share closing price of the Shares reported during the 30 day period immediately before the date of this Agreement. As used herein, the term "Designated Number" equals the quotient obtained from dividing (a) $90,000 by (b) the Designed Price.

Designated Price means, on any particular date, eighty percent (80%) of the average Current Market Price per share of Common Stock for the immediately preceding five Trading Days. "Current Market Price" shall mean when used with reference to

Designated Price means, in respect of an Adjust Session, either the Closing Market Price or VWAP, as designated by the relevant Dealer, DMA Dealer or DMA Authorised Person;

Designated Price means $20.00 plus all accrued and unpaid dividends, subject to adjustment from time to time as set forth in Section 9 hereof.

Designated Price means $10,000 per share plus all accrued and unpaid dividends.