New Floor Price means the amount determined in accordance with the following formula:
New Floor Price means the amount determined in accordance with the following formula: NFP = EFP × VWAPAESVWAPOS where: NFP is the New Floor Price. EFP is the Floor Price in effect on the dealing day immediately prior to the New Conversion Condition Effective Date.VWAPAES means the average of the Volume Weighted Average Price of the Approved Entity Shares (translated, if necessary, into the Specified Currency at the Prevailing Rate on the relevant dealing day) on each of the five dealing days ending on the dealing day prior to the closing date of the Takeover Event (and where references in the definition of “Volume Weighted Average Price” to “Ordinary Shares” shall be construed as a reference to the Approved Entity Shares and in the definition of “dealing day”, references to the “Primary Stock Exchange” shall be to the relevant Recognised Stock Exchange).VWAPOS is the average of the Volume Weighted Average Price of the Ordinary Shares on each of the five dealing days ending on the dealing day immediately prior to the closing date of the Takeover Event.
New Floor Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NFP = EFP x VWAPAES where:
Examples of New Floor Price in a sentence
The Conversion Price shall be subject to adjustment of the Floor Price (if necessary with such modifications and amendments as an Independent Financial Adviser acting in good faith shall determine to be appropriate) and the Issuer shall give notice to Holders of the New Floor Price and of any such modifications and amendments thereafter.
More Definitions of New Floor Price
New Floor Price means the amount determined in accordance with the following formula: where: NFP is the New Floor Price. EFP is the Floor Price in effect on the dealing day immediately prior to the New Conversion Condition Effective Date.
New Floor Price means the amount determined in accordance with the following formula: NFP = EFPx where:
New Floor Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date and which shall be subject to adjustment from time to time in accordance with Condition 6(k) above as if references therein to the “Floor Price” were references to the New Floor Price:
New Floor Price means the amount determined in accordance with the following formula: NFP = EFP X VWAPAES VWAPOS where:
New Floor Price means the amount determined in accordance with the following formula: NFP = EFP×VWAPAES VWAPOSwhere:
New Floor Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date:
New Floor Price means the amount determined in accordance with the following formula: NFP = EFP X VWAPAESVWAPOSwhere: