Fair Market Price per Share definition

Fair Market Price per Share means the fair value, as determined by a majority of the full Board of Directors of the Company in good faith, which determination shall be described in a duly adopted board resolution certified by the Company's Secretary or Assistant Secretary, of any potential dilutive issuance described in Section 4(c)
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Fair Market Price per Share means the average of the closing sales prices, if available, or the average of the bid and asked prices for the Warrant Shares, Common Stock or Marketable Securities, as the case may be (or their successors) on the principal market therefor for the five (5) full Trading Days preceding the day which is two (2) Business Days prior to the day of exercise, or if no such price is available, then a price that is mutually agreed upon by the Holder and the Company. If the Holder and the Company cannot agree upon a mutually acceptable price, then such price shall be determined by a written appraisal of a recognized firm of investment bankers who shall be selected by the Company and shall be reasonably acceptable to the holders of a majority of the Warrants. The determination of such independent appraiser shall be conclusive and binding on the Holder and the Company.
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Fair Market Price per Share means the fair value, as determined by a majority of the full Board of Directors of the Company in good faith, which determination shall be described in a duly adopted board resolution certified by the Company's Secretary or Assistant Secretary, of any potential dilutive issuance described in Section 5(c).
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Examples of Fair Market Price per Share in a sentence

  • For purposes of this subsection (i), the date as of which the Fair Market Price per Share of Common Stock shall be the earlier of the date upon which the Company shall (a) enter into a firm contract for the issuance of such shares or (b) issue such shares.

  • The certificate must certify that the beneficiary’s cost accounting practices used for the purpose of declaring eligible costs comply with the conditions laid down in Article II.20.3.1 and with the additional conditions that may be laid down in the Special Conditions.

  • This Option may only be exercised starting on the business day following the first day on which the Fair Market Price per Share exceeds the Exercise Price for this Option.

  • The Company shall pay a cash adjustment in respect of such fractional interest in an amount equal to the Fair Market Price per Share of one share of Warrant Shares at the time of such exercise multiplied by such fraction computed to the nearest whole cent.

  • Fair Market Price per Share shall mean the average of the closing sales prices, if available, or the average of the bid and asked prices for the Common Stock (or its successor), on the principal market therefor for the five trading days preceding the day which is two business days prior to the day of exercise, or if no such price is available, as determined by the Board of Directors of the Company.

  • The following provision supplements Section 4 of the Option Terms: If this Option vests when the Fair Market Price per Share is equal to or less than the Exercise Price for this Option, Participant shall not be permitted to exercise this Option.

  • The holder of this Warrant may exercise this Warrant by surrendering it to the Company to purchase a number of shares of Common Stock equal to the number of such shares then purchasable upon exercise hereof less the number of such shares equal to the quotient of the aggregate exercise price of all such shares underlying this Warrant divided by the Fair Market Price per Share.

  • First an- alytical work by Blandford & Payne (1982) and Pudritz & Norman (1983) suggested rapid rotating, magnetised pro- tostellar discs as possible origins of these outflows, since other sources like pressure due to either the gas or radiation, have been ruled out since those mechanisms fail to provide sufficient energy and momentum.

  • The Company shall pay a cash adjustment in respect of such fractional interest in an amount equal to the Fair Market Price per Share of one share of Common Stock at the time of such exercise multiplied by such fraction computed to the nearest whole cent.


More Definitions of Fair Market Price per Share

Fair Market Price per Share means the average of the closing sales prices, if available, or the average of the bid and asked prices for the Common Stock on the principal market therefor for the five trading days preceding the day which is two business days prior to the day of exercise, or if no such price is available, by an appraiser selected by the holder hereof and reasonably acceptable to the Company and such appraisal shall be the sole expense of the Company. The determination of such appraiser shall be conclusive and binding on the Holder hereof and the Company.
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Fair Market Price per Share means the average of the closing sales prices, if available, or the average of the bid and asked prices for the Common Stock or Marketable Securities, as applicable, (or their successors) on the principal market therefor for the five Trading Days preceding the day which is two business days prior to the day of exercise, or if no such price is available, by an appraiser selected by the holder hereof and reasonably acceptable to the Company. The determination of such appraiser shall be conclusive and binding on the holder hereof and the Company.
Sample 1
Fair Market Price per Share on any date shall be (i) the low trade price --------------------------- on such date on the nationally recognized exchange or quotation bureau on which the shares have most frequently traded in the past year, or (ii) if the shares have not traded on a nationally recognized exchange or quotation bureau in the last year, the Moving Average Market Price Per Share.
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Related to Fair Market Price per Share

  • Market Price as of any date, (i) means the average of the last reported sale prices for the shares of Common Stock on the OTCBB for the five (5) Trading Days immediately preceding such date as reported by Bloomberg, or (ii) if the OTCBB is not the principal trading market for the shares of Common Stock, the average of the last reported sale prices on the principal trading market for the Common Stock during the same period as reported by Bloomberg, or (iii) if market value cannot be calculated as of such date on any of the foregoing bases, the Market Price shall be the fair market value as reasonably determined in good faith by (a) the Board of Directors of the Company or, at the option of a majority-in-interest of the holders of the outstanding Warrants by (b) an independent investment bank of nationally recognized standing in the valuation of businesses similar to the business of the corporation. The manner of determining the Market Price of the Common Stock set forth in the foregoing definition shall apply with respect to any other security in respect of which a determination as to market value must be made hereunder.

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.