Reference Share Price means, on any day, the closing price of a Reference Share on the primary exchange on which the Reference Share is traded, as reported by such exchange, provided that if the primary exchange on which a particular Reference Share is traded is not open for trading on that day, if there is no closing price on that day or if there is a market disruption event affecting such Reference Share on that day, the closing price on the immediately preceding day on which such exchange is open for trading (and for which there is a closing price and no market disruption event) will be used, except if this occurs on the Issue Date or an Average Valuation Date, in which case the closing price on the immediately following day on which such exchange is open for trading (and for which there is a closing price and no market disruption event) will be used, up to a maximum postponement of five Business Days. If the closing of the primary exchange, the absence of a closing price or the market disruption event should last for five Business Days, the closing price of the relevant Reference Share will be a price determined on such fifth Business Day by the Calculation Agent in its sole discretion and in good faith using market-accepted practices.
Reference Share Price means, on any day, the closing price of a Reference Share on the Exchange as reported by the applicable Price Source, provided that if the primary exchange on which a particular Reference Share forming part of the Reference Portfolio is not opened for trading or if there is no closing price on that day, the closing price on the immediately preceding day on which such exchange is opened for trading will be used (except if this occurs on the Issuance Date or on the Valuation Date, in which case the closing price on the immediately following day on which such exchange is opened for trading will be used).
Reference Share Price means, on any day, the closing price of a Reference Share on the Exchange as reported by the applicable Price Source and as converted into Canadian dollars at the applicable FX Rate for any Reference Share denominated in a foreign currency, provided that if the Exchange on which a particular Reference Share forming part of the Reference Portfolio is not opened for trading or if there is no closing price on that day, the closing price on the immediately preceding day on which such Exchange is opened for trading will be used as converted into Canadian dollars at the applicable FX Rate on that day for any Reference Share denominated in a foreign currency except if this occurs on the Issuance Date, on a Average Valuation Date or on the Final Valuation Date, in which case the closing price on the immediately following day on which such Exchange is opened for trading will be used as converted into Canadian dollars at the applicable FX Rate on that day for any Reference Share denominated in a foreign currency, subject to a maximum postponement of five Business Days, after which time the closing price will be the value equal to the Calculation Agent’s estimate of the Reference Share Price as at such date, converted into Canadian dollars at the applicable FX Rate on that day, reasonably taking into account all relevant market circumstances.
Examples of Reference Share Price in a sentence
The Scrip Reference Share Price is the average of the closing middle market quotations for the Company’s Ordinary Shares, as derived from the London Stock Exchange Daily Official List, for the five dealing days commencing on the relevant ex-dividend date.
This may, in particular, be exercised if 20 business days prior to the dividend payment date, the price of an Ordinary Share of the Company has fallen 15% or more below the Scrip Reference Share Price used to calculate Shareholders’ entitlements.
Your entitlement to New Shares will be calculated by taking the amount of cash dividend to which you are entitled (plus any residual cash brought forward from a previous Scrip Dividend) and dividing it by the Scrip Reference Share Price.
It aims at organizing, planning and controlling the essential academic activities and strategies to be implemented in the college.
You will receive a statement showing the number of New Shares allotted, the relevant Scrip Reference Share Price and the total cash equivalent of the New Shares for tax purposes.
More Definitions of Reference Share Price
Reference Share Price means USD 39.5621 per Share, converted to NOK 413 using the Fixed Rate of Exchange, always provided that, in connection with any determination of the Change of Control Conversion Price, the Reference Share Price shall be adjusted pro rata in accordance with the provisions relating to the adjustment of the Conversion Price, pursuant to Clause 12 (Conversion Terms) and Clause 13 (Adjustment of the Conversion Price).
Reference Share Price means, on any day, the closing price of a Reference Share on the primary exchange on which the Reference Share is traded on providing as reported by the applicable Price Source, provided that if the primary exchange on which a particular Reference Share forming part of the Reference Basket is not open for trading or if there is no closing price on that day, the closing price on the immediately following day on which such exchange is open for trading will be used.
Reference Share Price means the 30-day VWAP of the Common Shares immediately prior to the Calculation Date.
Reference Share Price means initially SEK 35.5427 per Share, as adjusted from time to time in accordance with Clause 11.6 (Adjustment to Reference Share Price, rounding down and notice of adjustment to the Conversion Price and Reference Share Price).
Reference Share Price means the average of the daily high and low of the volume weighted average prices of the Shares quoted on a recognised stock exchange during the 22 trading days preceding the day on which the grant is made.
Reference Share Price has the meaning assigned to such term in Section 2.3(c).
Reference Share Price means the average closing price of theglobe Common Stock on the NASDAQ National Market for the fifteen trading days immediately preceding the date of this Agreement.