Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.
Discounted Market Price means the last per share closing price for the Common Shares on the Exchange before the date of grant of an Option, less any applicable discount under Exchange Policies;
Discounted Market Price means the Market Price less the discount set forth below, subject to a minimum price of $0.10:
Examples of Discounted Market Price in a sentence
Any Shares issuable pursuant to this section 3.5 will be subject to the approval of the Exchange and issued at the Discounted Market Price as of the date that the Expenditure Certificate is received by the Optionee, or as otherwise required by the Exchange.
More Definitions of Discounted Market Price
Discounted Market Price means, in respect of Shares on a particular Grant Date, the Market Price less the maximum discount permitted by the. Exchange.
Discounted Market Price means the Market Price less the following maximum discounts based on closing price (and subject, notwithstanding the application of any such maximum discount, to a minimum price per share of $0.05):
Discounted Market Price means the Market Price of the Common Shares, less a discount of up to 25% if the Market Price is $0.50 or less; up to 20% if the Market Price is between $2.00 and $0.51; and up to 15% if the Market Price is greater than $2.00;
Discounted Market Price means the Market Price less the following maximum discounts based on closing price (and subject, not withstanding the application of any such maximum discount, to a minimum price per share of $0.05 and a minimum exercise price per Warrant or incentive stock option, as the case may be, of $0.10): Closing PriceDiscountup to $0.5025%$0.51 to $2.0020%Above $2.0015%
Discounted Market Price means the closing trading price per Share on the Exchange on the last trading day preceding (i) the issuance of a news release in respect of the Option grant, or (ii) the date of grant, as applicable, on which there was a closing price (less the applicable discount), or, if the Shares are not listed on any stock exchange, a price determined by the Administrators.
Discounted Market Price means the Market Price less the following maximum discounts based on closing price (and subject, notwithstanding the application of any such maximum discount, to a minimum price per share of $0.05): closing price up to $0.50 (25%), closing price up from $0.51 to $2.00 (20%), closing price above $2.00 (15%).
Discounted Market Price means the Market Price less a discount which shall not exceed the amount set forth below, subject to a minimum price of $0.10;