Parent Market Price means the volume weighted average closing sale price of a share of the Parent Common Stock over the five (5) consecutive trading days ending the trading day immediately prior to the Closing Date on the NASDAQ, as reported in The Wall Street Journal.
Parent Market Price means the average daily closing price per share of Parent Common Stock as reported on the New York Stock Exchange, Inc. (the "NYSE") Composite Tape for the Random Trading Days, "Random Trading Days" shall mean the ten trading days selected by lot out of the thirty trading days ending on and including the Determination Date (with the Random Trading Days selected by lot by Parent and the Company at 5:00 p.m. New York time on the Determination Date), and "Determination Date" shall mean the third NYSE trading day preceding the Closing Date.
Parent Market Price means the average closing price per share of Parent Common Stock as reported on the Nasdaq Stock Market over the thirty (30) calendar day period ending three (3) trading days prior to the Closing Date.
Examples of Parent Market Price in a sentence
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For purposes of this Agreement, the "OPTION EXCHANGE RATIO" shall equal the quotient of (i) Ten Dollars and Fifty Cents ($10.50) divided by (ii) the Parent Market Price.
Section 8.5(b) Parent Market Price.........................................
The Escrow Amount (collectively, the “Escrow Fund”) shall be available to pay (a) the amount, if any, to which Parent is entitled pursuant to Section 2.15, Section 6.4 and Section 12.6 and (b) the amount of any Losses for which the Escrow Participants are obligated to indemnify the Indemnified Parties pursuant to Section 10.2(a), with each Escrow Share being valued at the Parent Market Price for purposes of satisfying any such claims.
For purposes of this Agreement, the “Option Exchange Ratio” shall mean the quotient obtained by dividing (X) the Per Share Merger Consideration in respect of a share of Company Common Stock by (Y) the Parent Market Price.
More Definitions of Parent Market Price
Parent Market Price means the average of the volume-weighted average prices for the Parent Common Stock as reported on NASDAQ for each of the twenty (20) consecutive complete trading days ending with the third (3rd) complete trading day prior to the applicable date of measurement, rounded to the nearest whole cent.
Parent Market Price means the average closing price per share of Parent Common Shares for the ten most recent days that Parent Common Shares have traded ending on (and including) the trading day one day prior to the Effective Time, as reported on The Nasdaq National Market (with such average being calculated using the “simple average” methodology).
Parent Market Price means the average of the daily volume-weighted average prices, rounded to four decimal points, of Parent Common Stock, as reported by Bloomberg, L.P., during each Trading Day in the Valuation Period. "VALUATION PERIOD" means the period of ten (10) consecutive Trading Days ending on and including the second Trading Day before and excluding the Initial Expiration Date or, if applicable, the latest extension of such expiration date, other than an extension relating to a "subsequent offering period" pursuant to Rule 14d-11 of the Exchange Act.
Parent Market Price means the lower of (1) the last reported sale price of the Parent Common Stock on the NYSE, and (2) the volume weighted average price of the Parent Common Stock on the NYSE for the ten consecutive trading days ending, in the case of clauses (1) and (2), on the trading day immediately preceding the applicable Fee Payment Date.
Parent Market Price means the average of the daily volume-weighted average prices, rounded to four decimal points, of Parent Common Stock, as reported by Bloomberg, L.P., during each Trading Day in the Valuation Period. "Valuation Period" means the period of ten (10) consecutive Trading Days ending on and including the second Trading Day before and excluding the Initial Expiration Date or, if applicable, the latest extension of such expiration date, other than an extension relating to a "subsequent offering period" pursuant to Rule 14d-11 of the Exchange Act.
Parent Market Price means the average closing sale price of one share of Parent Common Stock on the Nasdaq National Market for the 5 most recent trading days that Parent Common Stock has traded ending on the trading day one day prior to the Closing Date, as reported in the New York edition of the Wall Street Journal. For the avoidance of doubt, an adjustment of the Purchase Price pursuant to Section 1.11(e) shall have no affect on, or result in any adjustment of, the Option Exchange Ratio.
Parent Market Price means the average of the closing prices for the Parent Common Stock on NASDAQ, as reported on xxxxx://xxx.xxxxxx.xxx/symbol/logi/historical, for each of the 30 consecutive complete trading days ending with the date of the issuance of the Earnout Shares pursuant to Section 2.15.