Minimum Stock Amount definition

Minimum Stock Amount means the lowest whole number of shares of Acquiror Stock which, if multiplied by the Average Closing Price, results in a dollar amount at least equal to 60 percent of the Total Consideration.
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Minimum Stock Amount has the meaning set forth in Section 2.3.3.
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Minimum Stock Amount shall have the meaning given such term in Section 2.7(c).
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Examples of Minimum Stock Amount in a sentence

  • For purposes of this Section 2.3, the shares of Kaweah Stock for which CVB Stock is to be issued as consideration in the Merger shall be deemed to be "approximately equal" to the Maximum Stock Amount or the Minimum Stock Amount if such number is within 1,000 shares of Kaweah Stock of such amount.


More Definitions of Minimum Stock Amount

Minimum Stock Amount means the lowest whole number of shares of Sterling Common Stock, which, if multiplied by the Average Closing Price, results in a dollar amount at least equal to fifty-one percent (51%) of the Total Consideration. For purposes of this Agreement, the term “Maximum Stock Amount” shall mean the highest whole number of shares of Sterling Common Stock, which, if multiplied by the Average Closing Price, results in a dollar amount at least equal to seventy percent (70%) of the Total Consideration.
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Minimum Stock Amount means the lowest whole number of shares of Sterling Common Stock which, if multiplied by the Final Closing Price,
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Minimum Stock Amount shall have the meaning given such term in Section 2.7(c)."
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Related to Minimum Stock Amount

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Shares Amount means a number of Shares equal to the product of the number of Partnership Units offered for redemption by a Redeeming Partner times the Conversion Factor; provided, however, that, if the Parent issues to holders of Shares securities, rights, options, warrants or convertible or exchangeable securities entitling such holders to subscribe for or purchase Shares or any other securities or property (collectively, the “rights”), then the Shares Amount shall also include such rights that a holder of that number of Shares would be entitled to receive unless the Partnership issues corresponding rights to holders of Partnership Units.

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Maximum Stock Loan Rate As provided in Annex A to this Confirmation.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • REIT Shares Amount means a number of REIT Shares equal to the product of the number of Partnership Units offered for exchange by a Tendering Party, multiplied by the Conversion Factor as adjusted to and including the Specified Redemption Date; provided that in the event the General Partner issues to all holders of REIT Shares rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Shares, or any other securities or property (collectively, the “rights”), and the rights have not expired at the Specified Redemption Date, then the REIT Shares Amount shall also include the rights issuable to a holder of the REIT Shares Amount of REIT Shares on the record date fixed for purposes of determining the holder of REIT Shares entitled to rights.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Net Share Amount has the meaning set forth in Section 3.03(c).

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Applicable Stock Price means, in respect of a Conversion Date, the average of the Closing Sale Prices per share of Common Stock over the five-Trading Day period starting the third Trading Day following such Conversion Date.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Per Share Amount has the meaning set forth in Section 2.2.1 hereof.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Forward Price Reduction Amount For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “VICI”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.