Share Reference Price definition

Share Reference Price means the simple arithmetic average (rounded to four decimal places, with 0.00005 being rounded upwards) of the daily Share Price on each of the 10 consecutive Scheduled Trading Days (each such Scheduled Trading Day being (subject, where such Scheduled Trading Day is a Disrupted Day, to an adjustment pursuant to Condition 9) an “Initial Averaging Date”), commencing on and including 20 September 2017, as determined in good faith by the Calculation Agent and notified by or on behalf of the Issuer to the Bondholders as soon as practicable (and in any event within five Business Days) following such determination (such notice shall be given in accordance with Condition 17 and shall specify the Share Reference Price, the resulting initial Exchange Price, and the initial Exchange Ratio based on such initial Exchange Price);
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Share Reference Price means the simple arithmetic average (rounded to four decimal places with 0.00005 being rounded upwards) of the daily Share Price on each of the seven consecutive Scheduled Trading Days which are not Disrupted Days commencing on and including 7 April 2016, as determined by the Calculation Agent and notified by the Issuer to the Bondholders as soon as practicable (and in any event within five Milan business days) following such determination (such notice shall be given in accordance with Condition 21 and shall specify the Share Reference Price, the resulting Conversion Price, the initial Conversion Ratio based on that Conversion Price and the Dividend Threshold in respect of each Relevant Period for the purposes of Condition 8(a)(iv)).
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Share Reference Price means $31.82.
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Examples of Share Reference Price in a sentence

  • Any residual cash amount representing a fraction of a Scrip Share arising as a result of an election for the Scrip Dividend Alternative in respect of all or part of a holding will never exceed the value of one Ordinary Share at the Relevant Quarterly Scrip Share Reference Price (as calculated in paragraph 4 below).

  • Shareholders with Ordinary Shares registered in their names at the close of business on the Relevant Record Date may elect to receive their entitlement to the Relevant Quarterly Interim Dividend (the “Full Cash Dividend”) in the form of Scrip Shares credited as fully paid at the Relevant Quarterly Scrip Share Reference Price per Ordinary Share, instead of in cash.

  • Seller and this contract, the Offer shall supersede and prevail on the provisions of this contract, although sent prior to the signing of this contract.

  • Once your Scrip Shares have been allotted, a dividend confirmation will be sent to you showing the number of Scrip Shares allotted, the Relevant Quarterly Scrip Share Reference Price and the total cash equivalent of the Scrip Shares for tax purposes.

  • Once your Scrip Shares have been allotted, a dividend confirmation will be sent to you showing the number of Scrip Shares allotted, the Relevant Scrip Share Reference Price and the total cash equivalent of the Scrip Shares for tax purposes.


More Definitions of Share Reference Price

Share Reference Price means $4.09.
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Share Reference Price means $9.55.
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Share Reference Price means in respect of each Share, unless otherwise specified in the definition of the relevant Series in the applicable Final Terms, the price determined by the Calculation Agent in accordance with the formula specified as such in the definition of the relevant Series in the applicable Final Terms, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction unless, in the determination of the Calculation Agent, no such price can be determined and no Market Disruption Event has occurred and is continuing an amount determined by the Calculation Agent as its good faith estimate of the price of the Share on such date having regard to the then prevailing market conditions, the last reported trading price of such Share on the Exchange and such other factors as the Calculation Agent determines relevant, subject to adjustment in accordance with Product Condition 4;
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Share Reference Price means the closing price of the Common Stock on the Nasdaq Global Select Market (the “Principal Market”) on the day following the date of this Agreement; provided that the Share Reference Price shall not be less than $3.01. The exchange described in this Section 1.1 is referred to in this Agreement as the “Exchange.”
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Share Reference Price means the ten-day volume weighted average price for the Vertex Common Stock ending on and including December 24, 2013, which the Parties agree equals $3.2302 per share of Vertex Common Stock.
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Share Reference Price means the volume weighted average of the regular session closing prices per share of the Vertex Common Stock on the NASDAQ Capital Market for the ten
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Share Reference Price means $37.18.
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