Market Price per Common Share definition

Market Price per Common Share at any date means the weighted average trading price per Common Share on the Exchange for the five trading days preceding the date of the grant. If no trades are reported on any one or more of such five trading days, the trades occurring on the last five trading days on which trades occurred will be used in the computation.

Market Price per Common Share means, as of any date, the average (weighted by daily trading volume) of the Daily Prices per Common Share for the 20 consecutive trading days immediately prior to such date.

Market Price per Common Share means the weighted average Canadian dollar closing price of Common Shares on the TSX for the five days immediately preceding the applicable day;

Examples of Market Price per Common Share in a sentence

• For the purpose of any computation under this Section 11, if the Preferred Shares are not publicly held or traded, the "Current Market Price" per Preferred Share shall be conclusively deemed to be the Current Market Price per Common Share multiplied by 100.

• With respect to adjustments occurring as a result of a distribution of rights or warrants, for internal consistency in the Amended Plan and to avoid triggering the anti-dilution provisions in relatively insignificant circumstances and where the Corporation has complied with the requirements of applicable stock exchanges, an adjustment will only occur if such rights or warrants have an exercise price that is less than 90% of the Market Price per Common Share on the record date for such distribution.

• Each Right entitles the registered holder thereof to purchase from the Corporation one Common Share at an exercise price equal to three times the Market Price per Common Share prior to the Separation Time or, from and after the Separation Time, at an exercise price equal to three times the Market Price per Common Share as at the Separation Time, in each case subject to adjustment and certain anti-dilution provisions (the “Exercise Price”).

• Market Price per Common Share at any date shall be equal to the weighted average price at which the Common Shares of the Corporation have traded on The Toronto Stock Exchange on the five trading days immediately preceding the date on which the Option is approved by the Committee on which at least one board lot of Common Shares was traded.

• Each Right entitles the registered holder thereof to purchase from the Corporation one Common Share at an exercise price equal to three times the Market Price per Common Share prior to the Separation Time or, from and after the Separation Time, at an exercise price equal to three times the Market Price per Common Share as at the Separation Time, in each case subject to adjustment and certain anti-dilution provisions (the “ExercisePrice”).

More Definitions of Market Price per Common Share

Market Price per Common Share means the weighted average Canadian dollar closing price of Common Shares on the TSX for the fourteen trading days immediately preceding the applicable day; and

Market Price per Common Share for any day shall be the price determined pursuant to whichever of the following clauses (1) or (2) is applicable on the next preceding day on which the exchange or market in question is open for business: (1) the last sale price of Shares on such date or, if no such sale takes place on such date, the average of the closing bid and asked prices thereof on such date, in each case as officially reported on the principal national securities exchange on which the Shares are then listed or admitted to trading, or (2) if no Shares are then listed or admitted to trading on any national securities exchange but the Shares are designated as a national market system security by the National Association of Securities Dealers, the last trading price of the Shares on such date, or if the Shares are not so designated, the average of the reported closing bid and asked prices thereof on such date as shown by the NASD automated quotation system or, if no Shares are then quoted in such system, as published by the National Quotation Bureau, Incorporated or any successor organization, and in any case as reported by any member firm of the New York Stock Exchange selected by the Company, PROVIDED that if no Shares are then listed or admitted to trading on any national exchange or designated as a national market system security and if no closing bid and asked prices thereof are then so quoted or published in the over-the-counter market, the Market Price per Common Share for any day shall be the fair value of a Share as determined in good faith by the Optionholder.

Market Price per Common Share means the closing price of a Common Share on the New York Stock Exchange (as reported in the Midwest Edition

Market Price per Common Share means the closing price of a Common Share on the New York Stock Exchange (as reported in the Midwest Edition of the WALL STREET JOURNAL) or such other exchange constituting the principal exchange for the Corporation's publicly traded shares or if there is no such exchange, the National Association of Securities Dealers Automated Quotation System.

Market Price per Common Share means, on any date in respect of the Common Shares prior to a Change in Control, the volume weighted average United States dollar closing price of Common Shares on the New York Stock Exchange (the “NYSE”) for the fourteen trading days immediately preceding the applicable day (or, if the Common Shares are not then listed and posted for trading on the NYSE, on such stock exchange (including the TSX) on which the Common Shares are listed and posted for trading as may be selected for such purpose by the Company), or upon or following a Change in Control, the value of a Common Share (or the value of cash, stock or other property received with respect to such Common Share) at the consummation of such Change in Control; and”

Market Price per Common Share means, on any date in respect of the Common Shares, the volume weighted average United States dollar closing price of Common Shares on the NYSE for the five trading days immediately preceding the applicable day (or, if the Common Shares are not then listed and posted for trading on the NYSE, on such stock exchange (including the TSX) on which the Common Shares are listed and posted for trading as may be selected for such purpose by the Administrators), or, upon a Change of Control, the value of a Common Share (or the value of cash, stock or other property received with respect to such Common Share) at the consummation of such Change of Control;

Market Price per Common Share means, on an applicable day, the volume weighted average closing price of Common Shares on the TSX, or any other exchange upon which the shares of the Issuer are traded, for the five trading days immediately preceding such applicable day;