Effective Date Price definition
Examples of Effective Date Price in a sentence
The number of Units to be issued to each holder of an Interest shall be the Conversion Price for the Interest of such holder divided by the average of the daily market price for the ten (10) consecutive trading days immediately preceding the Effective Date of the shares of common stock of HME (the "Effective Date Price").
After the Effective Date, Price Quest, PEI and their Affiliates will not use the names "Quest," "Price Quest" or "Price Club Quest" as a trademark or service xxxx, but Price Quest may use the words "Price Quest" solely in its LLC name.
Preferred ADR to which such holder would otherwise have been entitled times (ii) the Effective Date Price.
As of the Effective Date, Price Quest, PQI and PEI hereby convey, transfer and assign to TPC, free and clear of any liens or encumbrances (but without warranty of registrability, enforceability or lack of conflict with any third party's trademarks or service marks), all of their rights, title and interest to and in the Price Quest Marks, and in all applications, registrations and claims relating to those marks.
The Conversion Rate in effect at any time for conversion of the Series A Preferred (the "Series A Conversion Rate") shall be the quotient obtained by dividing the Effective Date Price applicable thereto by the Conversion Price applicable to such series, calculated as provided in Section 5(d)(4) below.
The conversion price for the Series A Preferred shall initially be the Effective Date Price (the "Series A Conversion Price").
As of --------------------------------------------------------------- the Effective Date, Price shall be deemed to have resigned from all corporate offices of ICF, and from all offices and directorships of ICF's subsidiaries, joint ventures, and affiliated companies, organizations and entities, provided -------- that Price shall be deemed to have resigned as President and Chief Executive Officer of ICF Xxxxxx International, Inc.
The exercise price shall equal the fair market value on the date of grant (the "Effective Date Price").
The number of shares of Common Stock, if any, for which this Protective Warrant is exercisable (the "Protective Warrant Shares") shall be determined by subtracting (x) the Investment Amount divided by 1.50 from (y) the Investment Amount divided by the greater of (A) 75% of the Effective Date Price, or (B) $1.00.
Notwithstanding the foregoing, in no event shall the grant date value of the Option, determined by using the Black-Scholes valuation methodology and the Effective Date Price, exceed Two Million Eight Hundred Thousand Dollars ($2,800,000) and in no event shall the grant date value of the RSUs, determined by multiplying the number of RSUs, as determined in accordance with the formula set forth in the prior sentence, by the Effective Date Price exceed Seven Hundred Thousand Dollars ($700,000).