Notice Price definition

Notice Price shall have the meaning provided in Section 19.4(a).
Notice Price means (a) with respect to an exercise of the Warrant during the first 30 U.S. business days of the applicable Exercise Period, the price per Share that is equal to (i) the Equity Value of the Company (based on an implied enterprise value of $205 million), divided by (ii) the Fully-Diluted Number, in each case as of the date of exercise and (b) with respect to an exercise of the Warrant during the remaining portion of such Exercise Period, the price per Share equal to the Fair Market Value as of the date of exercise; provided, however, that if the Company notifies the Holder in writing (within ten (10) U.S. business days of the date of exercise) that a Force Majeure Event has occurred (and such Force Majeure Event has occurred) and the Notice Price would have otherwise been calculated in accordance with clause (b) hereof, then the Notice Price shall be, at the Holder’s election (it being understood that the Holder shall have until the end of the applicable Valuation Assessment Period to make such election), (i) the price per Share that is equal to (x) the Equity Value of the Company (based on an implied enterprise value of $160 million), divided by (y) the Fully-Diluted Number, in each case as of the date of exercise or (ii) the price per Share that is equal to (x) the Equity Value of the Company (based on an implied enterprise value of $205 million), divided by (y) the Fully-Diluted Number, in each case as of the date of exercise; provided, further, however, that if the Holder makes the election in clause (i) of the first proviso in this definition, then the Company shall be entitled, within 180 days of the Holder’s date of exercise, to require that the Notice Price be the Fair Market Value as of the date of the Company’s election.
Notice Price shall have the meaning provided in Section 6.3(b).

Examples of Notice Price in a sentence

  • The Corporation and/or its assignee(s) will have the right (the "Right of First Refusal") at any time within thirty (30) days after receipt of such notice to purchase any portion of the Stock specified in the notice at the price and upon the terms set forth in such notice (the "Notice Price").

  • In the event the Corporation and/or its assignee(s) elects to purchase all or any portion of the Stock, it will provide Purchaser with written notice of its election and cash payment at the Notice Price within thirty (30) days after receipt of the transfer notice.

  • Landlord shall have the right, at its option, to purchase Tenant's Business ("ROFO") for the ROFO Notice Price on substantially the same terms contained in the ROFO Purchase Agreement.

  • Hedging Stop Notice Price means 95% of the lower of (i) the average closing price for one Share for each of the Trading Days in the Hedge Period and (ii) the average per Share transaction price traded by the Security Trustee and/or the Bondholders during the Hedge Period.


More Definitions of Notice Price

Notice Price has the meaning given to it in Section 5.15(a).
Notice Price means the amount specified in a Transfer Notice as the price at which a Prospective Transferor wishes to sell the Notice Shares, expressed as a price per Share;
Notice Price means the price per share determined by multiplying (x) the most recent price per Common Share issued by the Company during the six month period preceding the Notice Date in an arms’ length equity financing transaction resulting in gross proceeds to the Company of not less than $1,000,000.00, if any (subject to appropriate adjustment for any share dividend, subdivision, consolidation, or other similar recapitalization), by (y) the Discount Rate.

Related to Notice Price

  • Issuance Price means the Sales Price less the Selling Commission.

  • The Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Re-Price means that the Company has lowered or reduced the Exercise Price of outstanding Options and/or outstanding SARs for any Participant(s) in a manner described by SEC Regulation S-K Item 402(d)(2)(viii) (or as described in any successor provision(s) or definition(s)).

  • Applicable Price means the highest of (i) the highest price per share of Issuer Common Stock paid for any such share by the person or groups described in Section 8(d)(i), (ii) the price per share of Issuer Common Stock received by holders of Issuer Common Stock in connection with any merger or other business combination transaction described in Section 7(b)(i), 7(b)(ii) or 7(b)(iii), or (iii) the highest closing sales price per share of Issuer Common Stock quoted on the Nasdaq National Market (or if Issuer Common Stock is not quoted on the Nasdaq National Market, the highest bid price per share as quoted on the principal trading market or securities exchange on which such shares are traded as reported by a recognized source chosen by Holder) during the 60 business days preceding the Request Date; provided, however, that in the event of a sale of less than all of Issuer's Assets, the Applicable Price shall be the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Issuer as determined by an independent nationally recognized investment banking firm selected by Holder and reasonably acceptable to Issuer (which determination shall be conclusive for all purposes of this Agreement), divided by the number of shares of the Issuer Common Stock outstanding at the time of such sale. If the consideration to be offered, paid or received pursuant to either of the foregoing clauses (i) or (ii) shall be other than in cash, the value of such consideration shall be determined in good faith by an independent nationally recognized investment banking firm selected by Holder and reasonably acceptable to Issuer, which determination shall be conclusive for all purposes of this Agreement.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff. If there is more than one applicable Real-Time Price for the same period of time, Real-Time Price shall mean the price associated with the smallest time interval.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

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

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;

  • Per Unit Purchase Price equals $7.05, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Acceptable Price as defined in the definition of “Dutch Auction.”

  • Net Price means, with respect to the purchase of any Property, without duplication, (i) the aggregate purchase price paid as cash consideration for such purchase (without adjustment for prorations), including, without limitation, the principal amount of any note received or other deferred payment to be made in connection with such purchase (except as described in clause (ii) below) and the value of any non-cash consideration delivered in connection with such purchase (including, without limitation, shares or preferred shares of beneficial interest in General Partner and OP Units or Preferred OP Units (as defined in Borrower’s partnership agreement)) plus (ii) reasonable costs of sale and non-recurring taxes paid or payable in connection with such purchase or sale.

  • Share Price means any price of the Share as published by the Exchange.

  • Average Share Price means the average of the closing price per share of Class A Common Stock on the New York Stock Exchange on the Friday (or if Friday is not a trading day, the last trading day before such Friday) for each week of the calendar quarter ending on the Quarter Date.

  • Call Price If applicable with respect to any Series, as specified in the applicable Supplement.

  • Effective Price of Additional Shares of Common Stock shall mean the quotient determined by dividing the total number of Additional Shares of Common Stock issued or sold, or deemed to have been issued or sold by the Company under this Section 4F, into the aggregate consideration received, or deemed to have been received, by the Company for such issue under this Section 4F, for such Additional Shares of Common Stock.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).