Equity of the Company definition

Equity of the Company means (i) the number of shares in issue at the relevant date multiplied by (ii) the weighted average of the daily closing prices (adjusted to a per share basis in the case of depositary receipts representing the shares) during the immediately preceding quarter.
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Equity of the Company is defined in Section 1.4.
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Equity of the Company means (i) the number of shares in issue at the relevant date multiplied by (ii) the weighted average of the daily closing prices
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Examples of Equity of the Company in a sentence

  • Total Equity of the Company was beefed up with the recording of Deposit for Future Subscription amounting to PHP5.40 billion, representing deposits made by DMCI-HI and Dacon Corporation for subscription of additional shares of stocks for the stock rights offering planned by the Company to strengthen its equity base to match its sizeable investment in the Power Plant with provision for oversubscription for their commitment to take all unsubscribed shares by the public.

  • The total indemnification amount which the Company shall pay for any Office Holder of the Company cumulatively according to all of the Indemnification Undertakings issued in the past and in the future by the Company pursuant to the indemnification decision shall not exceed 25% of the Determining Shareholders Equity of the Company (hereinafter - the “Maximum Indemnification Amount”).

  • The Parent shall own (directly or indirectly) 100% of the Common Equity of the Company and the Subsidiary Guarantors.

  • At least ten (10) business days prior to the Closing Date, AWW shall furnish to Buyer a statement of the Company (the "Pre-Closing Statement"), prepared as of the last day of the latest month ending at least 20 days prior to the Closing Date, reflecting the Sellers' good faith estimate of the Total Stockholders' Equity of the Company immediately prior to the Closing Date (the "Total Stockholders' Equity Estimate").

  • Not permit the ratio of Funded Debt (less Debt under Dealer Financings and Real Estate Debt) to Stockholders’ Equity of the Company to be greater than 1.3:1 at any time.

  • No Redeemable Equity of the Company is authorized, issued or outstanding.

  • A change of control will be defined as a change in the majority ownership of the Equity of the Company, or the resignation or termination of the majority of the directors on the Board within a 2 month period or the replacement of either the CEO or President of the Company.

  • In the event of a part-year interest payment, due to the commencement of benefits, the Modified Return on Equity of the Company for the past Plan Year shall be used as the part-year interest rate, and that rate shall be applied to the Deferral Account balance using monthly compounding for the period prior to the first payment of any benefits under this Agreement.

  • The Management Fee shall be calculated and paid monthly in arrears based upon the weighted daily average of the Total Equity of the Company for such month.

  • A change of control will be defined as a change in the majority ownership of the Company Equity of the Company, or the resignation or termination of the majority of the directors on the Board within a 2 month period or the replacement of either the CEO, President, or CFO of the Company.

Related to Equity of the Company

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Sale of the Company means the sale of the Company to an Independent Third Party or affiliated group of Independent Third Parties pursuant to which such party or parties acquire (i) capital stock of the Company possessing the voting power to elect a majority of the Company's board of directors (whether by merger, consolidation or sale or transfer of the Company's capital stock) or (ii) all or substantially all of the Company's assets determined on a consolidated basis.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.