REPRICING PRICE definition

REPRICING PRICE means, as of any date, (A) during the period beginning on and including the date which is 90 days after the Closing Date and ending on and including the date which is 120 days after the Closing Date, 125% of the Purchase Price, (B) during the period beginning on and including the date which is 121 days after the Closing Date and ending on and including the date which is 150 days after the Closing Date, 126% of the Purchase Price, (C) during the period beginning on and including the date which is 151 days after the Closing Date and ending on and including the date which is 180 days after the Closing Date, 127% of the Purchase Price, (D) during the period beginning on and including the date which is 181 days after the Closing Date and ending on and including the date which is 210 days after the Closing Date, 128% of the Purchase Price and (E) after the date which is 211 days after the Closing Date, 129% of the Purchase Price.
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REPRICING PRICE means eighty-six percent (86%) of the Market Price on the Effective Date.
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REPRICING PRICE means $8.75, the repricing price set by the Company applicable to the Purchased Common Shares.
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Examples of REPRICING PRICE in a sentence

  • If the lowest average Closing Bid Price for any five (5) Business Days (not necessarily consecutive) during the First Repricing Period (the "FIRST REPRICING PRICE"), is not equal to or greater than 120% of the Initial Closing Price, then one-third (1/3) of the Initial Shares shall be repriced (the "FIRST REPRICED SHARES").

  • If the lowest average Closing Bid Price for any five (5) Business Days (not necessarily consecutive) during the Third Repricing Period (the "THIRD REPRICING PRICE"), is not equal to or greater than 130% of the Initial Closing Price, one-third (1/3) of the Initial Shares shall be repriced (the "THIRD REPRICED SHARES").

  • If the average Closing Bid Price for the twenty (20) Business Days during the First Repricing Period (the "FIRST REPRICING PRICE"), is not equal to or greater than [$5.263 x 1.25], then Purchaser may request that up to one-half (1/2) of the Initial Shares shall be repriced (the "FIRST REPRICED SHARES").

  • If the average of the five (5) lowest Closing Bid Prices during the Second Repricing Period (the "SECOND REPRICING PRICE") is not equal to or greater than $3.76, then Purchaser may request that up to 444,444 Shares shall be repriced.

  • If the average of the lowest Closing Bid Prices for any five (5) Trading Days (not necessarily consecutive) during a Repricing Period (the "REPRICING PRICE"), is not equal to or greater than the Target Price, then Repriced Shares shall be repriced, and the Company shall issue to Investor the number of additional shares of Common Stock as determined according to the following formula: ( Target Price - Repricing Price) x (# of the Repriced Shares) /Repricing Price.

  • If the average of the lowest five (5) Closing Bid Prices (not necessarily consecutive) for the twenty (20) Business Days during the Third Repricing Period (the "THIRD REPRICING PRICE"), is not equal to or greater than $3.76, then the Purchaser may request that up to 444,445 Shares shall be repriced.

  • If the average of the five (5) lowest Closing Bid Prices during the Third Repricing Period (the "THIRD REPRICING PRICE") is not equal to or greater than $3.76, then the Purchaser may request that up to 444,445 Shares shall be repriced.

  • If the average Closing Bid Prices during the First Repricing Period (the "FIRST REPRICING PRICE") is not equal to or greater than $3.76, then Purchaser may request that up to 300,000 Shares shall be repriced.

  • If the average Closing Bid Price for the twenty (20) Business Days during the First Repricing Period (the "FIRST REPRICING PRICE"), is not equal to or greater than the Agreed Amount, then one-third (1/3) of the Initial Shares shall be repriced (the "FIRST REPRICED SHARES").

  • If the average of the five (5) lowest Closing Bid Prices during the First Repricing Period (the "FIRST REPRICING PRICE") is not equal to or greater than $3.76, then Purchaser may request that up to 444,444 Shares shall be repriced.


More Definitions of REPRICING PRICE

REPRICING PRICE means the First Repricing Price, the Second Repricing Price, the Third Repricing Price, the Fourth Repricing Price or the Fifth Repricing Price, as applicable.
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REPRICING PRICE means the average Closing Bid Price of the Common Stock for the five (5) trading days immediately prior to the issuance of the Purchased Common Shares, or $_______.
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Related to REPRICING PRICE

  • Ending Price means, with respect to the Company and any other Comparison Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days ending on the last trading day of the Performance Period. For the purpose of determining Ending Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the date of distribution.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Ceiling Price means the maximum price a Contractor or a Subcontractor may charge for a Good or Service under this Participating Addendum.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.