Price Ratio definition

Price Ratio means the quotient, calculated to five decimal places, obtained by dividing (x) the most recent Parent Share Price at the Effective Time by (y) the Offer Price, provided that if the Parent Share Price at the Effective Time is lower than the Parent Share Price on the date of this Agreement, the Price Ratio shall be that fraction that results in each Assumed Option having (i) an aggregate excess of the Parent Share Price at the Effective Time over the exercise price of such Assumed Option at the Effective Time equal to (ii) the aggregate excess, if any, of the Offer Price over the exercise price of the corresponding Company Option at the Effective Time.
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Price Ratio means the ratio of (i) the “regular way with due bills” average closing price of a share of Parent stock during the ten (10) trading- day period ending on the Distribution Date to (ii) the average closing price of a share of Parent stock during the (10) trading-day period after the Distribution Date, as reported on the NYSE.
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Price Ratio means the quotient, calculated to five decimal places, obtained by dividing (x) the Per Purchaser Share Value by (y) the Per Common Share Maximum Conversion Price.
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Examples of Price Ratio in a sentence

  • Adjusted Exercise Price to Market Price Ratio with the Pre-Distribution Exercise Price to Market Price Ratio in order to determine the final Ceva, Inc.

  • Adjusted Exercise Price to Market Ratio is less than the Pre-Distribution Exercise Price to Market Price Ratio, increase the preliminary Ceva, Inc.

  • Each Adjusted NDC Option shall provide for the option to purchase a number of shares of NDC Common Stock equal to the product of the number of shares of NDC Common Stock subject to the NDC Option as of the Close of the Distribution Date multiplied by the NDC Price Ratio, and then rounded down to the nearest whole share.

  • Upon execution of such amendment, the calculation of royalty rates based on the Preliminary Cost of Goods/Average Sales Price Ratio and Adjusted Cost of Goods/Average Sales Price Ratio will no longer include sales in the United States by, and Preliminary Cost of Goods and Adjusted Cost of Cost of Goods will no longer include sales in the United States of, the US Sublicensee.

  • The per-share exercise price of such Global Payments Option will be determined by dividing the per-share pre- adjustment exercise price of such NDC Option as of the Close of the Distribution Date by the Global Payments Price Ratio and then rounding up to the nearest cent (i.e., such exercise price will bear the same ratio to the Global Payments Stock Value as the exercise price of his corresponding NDC Option bore to the NDC Pre- Distribution Stock Value).

  • The per-share exercise price will be adjusted by dividing the same by the NDC Price Ratio and then rounding up to the nearest cent (i.e., such new price will bear the same ratio to the NDC Post-Distribution Stock Value as the former exercise price bore to the NDC Pre-Distribution Stock Value).

  • Assessment-Sale Price Ratio or ASR Assessment-Sale Price Ratio has the meaning defined in the IAAO Glossary for Property Appraisal and Assessment (Second Edition).

  • If the Quantum Adjusted Exercise Price to Market Ratio is less than the Pre-Distribution Exercise Price to Market Price Ratio, increase the preliminary Quantum Option exercise price to align the Quantum Adjusted Exercise Price to Market Price Ratio with the Pre-Distribution Exercise Price to Market Price Ratio in order to determine the final Quantum Option exercise price.

  • If the Parent Average Closing Price for the Determination Period is less than $27.76, and (I) the Parent Stock Price Ratio is less than (II) the Index Ratio after subtracting 0.15 from the Index Ratio, Parent shall, at its option and in its sole discretion, within two (2) Business Days of the Determination Date, adjust the Merger Consideration to include an amount in cash equal to (A) $17.850 minus (B)(x) 0.6430 multiplied by (y) the Parent Average Closing Price for the Determination Period.

  • Royalties at the level set forth below under the column entitled “Royalty A” shall apply for a Calendar Year if the actual Cost of Goods/Average Sales Price Ratio of the applicable Licensed Product for such Calendar Year exceeds * percent (*%).

Related to Price Ratio

  • Performance Ratio (PR) means the ratio of plant output versus installed plant capacity at any instance with respect to the radiation measured. PR= (Measured output in kW / Installed Plant capacity in kW * (1000 W/m2/Measured radiation intensity in W/m2).

  • CET1 Ratio means, as of any Balance Sheet Date, the CET1 Capital as of such Balance Sheet Date, divided by the BIS Risk Weighted Assets as of such Balance Sheet Date, expressed as a percentage, such ratio (or the components thereof) as determined by the Group Holding Company, and (i) as disclosed in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) constituting (or as disclosed in) the Reviewed Interim Measurement published upon the instruction of FINMA on the relevant Extraordinary Publication Date, as applicable.

  • Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

  • Index Ratio means the Final Index Price divided by the Initial Index Price.

  • Percentage Ratio means with respect to a Trust, the percentage relationship among the Securities based on the number of contracts of each Option per Unit, the principal amount of each Bond per Unit and the number of shares of each Equity Security per Unit compared to all Securities attributable to each Unit existing immediately prior to the related additional deposit of Securities. The Percentage Ratio shall be adjusted to the extent necessary, and may be rounded, to reflect the occurrence of a stock dividend, a stock split or a similar event which affects the capital structure of the issuer of a security."