Minimum Share Price definition

Minimum Share Price has the meaning set forth under Section 4.07(f)(iii).

Minimum Share Price means, as of any date of determination, the greater of (a) the Original Conversion Price (subject to adjustment herein) and (b) the VWAP on the Trading Day immediately preceding the applicable date of determination.

Minimum Share Price means $[***]. The Minimum Share Price shall be automatically adjusted to reflect any stock dividends, splits, reverse splits, or similar action with respect to the EL Common Stock included in the Common Stock Collateral which may occur on or after the Closing Date; provided, however, that the Minimum Share Price shall never be less than $[***].

Examples of Minimum Share Price in a sentence

• In the event either the Minimum Share Price Milestone or the Maximum Share Price Milestone would be deemed to be achieved pursuant to this Section 6.2(e), the applicable Earn-Out Shares shall be issued or deemed to be issued immediately prior to the consummation of the Company Sale and such Earn-Out Shares shall receive the same consideration per share as the shares of Company Ordinary Shares receive in the Company Sale.

• For the avoidance of doubt, (x) if the Minimum Target (as defined in the Sponsor Lock-Up Agreement) shall have been achieved, then the Minimum Share Price Milestone shall be deemed achieved, and (y) if the Maximum Target (as defined in the Sponsor Lock-Up Agreement) shall have been achieved, then the Maximum Share Price Milestone shall be deemed achieved.

• For the avoidance of doubt, (x) if the Minimum Share Price Milestone (as defined in the Company Lock-Up and Support Agreement) shall have been achieved, then the Minimum Target shall be deemed achieved, and (y) if the Maximum Share Price Milestone (as defined in the Company Lock-Up and Support Agreement) shall have been achieved, then the Maximum Target shall be deemed achieved.

• If the Minimum Share Price Increase is not achieved, the Share Options are forfeited without replacement.

• The Administrative Board may, by individual contract or in the option conditions, raise the Minimum Share Price Increase to 20 %, which is to be measured either within the above-mentioned Performance Period or for the entire waiting period.

More Definitions of Minimum Share Price

Minimum Share Price shall equal $0.05 per share, or such lower number as the Investor may determine at its sole discretion.

Minimum Share Price. The minimum share price, determined by the average closing sales price of the Common Stock for the twenty trading days immediately following the public release of actual earnings by the Company for the quarter in question or, in the case of the fourth quarter, the public release of actual annual earnings, for calendar quarters during 2001 and 2002 shall be as follows: Year Q1 Q2 Q3 Q4 2001 $20.08 $21.48 $22.88 $24.28 2002 $24.88 $25.49 $26.10 $26.70

Minimum Share Price means $1.00 per share of Common Stock.

Minimum Share Price over a specified time period shall mean the average per share closing price of the Common Stock over such period; provided, that in the event of any change in the shares of capital stock of Franklin by reason of any stock dividend, stock split, recapitalization, reorganization, merger, consolidation, split-up, combination, exchange of shares or similar change affecting the shares, the Minimum Share Price shall be appropriately adjusted consistent with such change in such manner as is equitable to carry out the intent of the parties hereunder.

Minimum Share Price means the lower of (i) the closing price (as reflected on Nxxxxx.xxx) prior to the date of entry into this agreement or (ii) the average closing price of the Company’s Common Stock (as reflected on Nxxxxx.xxx) for the five trading days immediately preceding the signing of this agreement. Prevail Partners may, if separately agreed to in writing by the Parties, make the Purchase Payment directly to InfoWorks in satisfaction of invoices or any portions thereof for the aforementioned Upfront Payment issued to the Company by InfoWorks pursuant to the MSTA. The Company shall issue the Shares to Prevail Partners contemporaneously with the Purchase Payment, with such Purchase Payment being made by cash consideration or in exchange for debt (i.e., services already rendered to the Company). No later than thirty (30) business days after the Purchase Payment, Company shall deliver to Prevail Partners a certificate representing the purchased Shares, which may be in electronic format. As holder of the Shares, Prevail Partners shall be entitled to all of the same rights and privileges, including, without limitation, dividends and voting rights, as other holders of Company stock of the same class. Prevail Partners acknowledges and understands that the Shares will be subject to resale restrictions under applicable U.S. and Securities laws and that as the purchaser of the Shares, Prevail Partners, and not the Company, is responsible for compliance with applicable resale restrictions or hold periods and will comply with all relevant securities laws in connection with any resale of the Shares. Prevail Partners acknowledges and agrees that they are purchasing the Shares pursuant to an exemption from any prospectus, registration or similar requirements under applicable U.S. and Canadian securities laws, and that the offer, sale and delivery of the Shares to Prevail Partners is conditional upon such offer, sale and deliver being exempt from the requirements under applicable securities laws requiring the filing of a prospectus in connection with the distribution of the Shares or upon the issuance of such rulings, orders, consents or approvals as may be required to permit such sale without the requirement of filing a prospectus.

Minimum Share Price means average of the daily VWAP of the Common Shares on the Principal Market during regular trading hours as reported by Bloomberg L.P., for each of the 5 consecutive Trading Days immediately prior to the date of each Request.

Minimum Share Price means the relevant price specified in the Fee and Ratio Letter.