Purchaser Closing Stock Price definition

Purchaser Closing Stock Price means the VWAP of Purchaser Common Shares for the ten (10) consecutive Trading Days ending on and including the third (3 rd ) Trading Day prior to the Closing Date, provided that, in the event either (i) TWG delivers the notice contemplated by the first sentence of Section 6.05(a) to Purchaser or (ii) Purchaser delivers the notice contemplated by the first sentence of Section 6.05(b) to TWG, the Purchaser Closing Stock Price shall instead be equal to the Purchaser Pre-Closing Stock Price.
Sample 1Sample 2
Purchaser Closing Stock Price means the per share closing sale price of the Purchaser Common Stock as quoted on the NASDAQ Global Market on the Closing Date.
Sample 1
Purchaser Closing Stock Price means the amount, rounded to the nearest whole cent in U.S. Dollars, equal to the average of the daily VWAP for a share of Purchaser Common Stock for each trading day during the 30 consecutive days prior to the first trading day immediately preceding the date of the Price Renegotiation Event Notice.
Sample 1

Examples of Purchaser Closing Stock Price in a sentence

  • If the Purchaser Closing Stock Price is greater than the Purchaser Reference Stock Price, the Aggregate Cash Consideration shall be decreased on a dollar for dollar basis by an amount equal to the lesser of (A) the Aggregate Cash Consideration Adjustment Cap and (B) the product of (1) (x) the Purchaser Closing Stock Price minus (y) the Purchaser Reference Stock Price and (2) the Aggregate Share Consideration Number.


More Definitions of Purchaser Closing Stock Price

Purchaser Closing Stock Price means the VWAP of Purchaser Common Shares for the ten (10) consecutive Trading Days ending on and including the third (3rd) Trading Day prior to the Closing Date, provided that, in the event either (i) TWG delivers the notice contemplated by the first sentence of Section 6.05(a) to Purchaser or (ii) Purchaser delivers the notice contemplated by the first sentence of Section 6.05(b) to TWG, the Purchaser Closing Stock Price shall instead be equal to the Purchaser Pre-Closing Stock Price.
Sample 1

Related to Purchaser Closing Stock Price

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Purchaser Stock Price means, with respect to any Common Stock Fundamental Change, the average of the daily Closing Price for one share of the common stock received by holders of the Common Stock in such Common Stock Fundamental Change during the 10 Trading Days immediately prior to the date fixed for the determination of the holders of the Common Stock entitled to receive such common stock or, if there is no such date, prior to the date upon which the holders of the Common Stock shall have the right to receive such common stock.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Second Closing has the meaning set forth in Section 2.2.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Parent Closing Price means the average, rounded to the nearest one ten thousandth, of the closing sale prices of Parent Common Stock on the NYSE as reported by The Wall Street Journal for the five full NYSE trading days immediately preceding (but not including) the Effective Date.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Second Closing Date means the date of the Second Closing.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Ending Stock Price means the average of the closing prices of the Common Stock or the shares of the Peer Group, as applicable, for the 20 trading days up to and including (if a trading day) the last day of the Performance Period.

  • Parent Stock Price means the average closing price, rounded to the nearest cent, of Parent Common Stock for the five (5) trading days immediately preceding the fifth (5th) business day prior to the Closing Date.