Share Repurchase Price definition

Share Repurchase Price means the product of (A) the sum of (I) the Exercise Price paid by Trenwick per share of LaSalle Common Shares acquired pursuant to the LaSalle Option and (II) if the Share Repurchase Market/Offer Price (as defined below) is greater than the Exercise Price, the difference between the Share Repurchase Market/Offer Price and the Exercise Price, and (B) the number of LaSalle Common Shares to be repurchased pursuant to this Section 12.
Share Repurchase Price means the product of (A) the sum of (I) the Exercise Price paid by Parent per share of the Company Common Stock acquired pursuant to the Company Option and (II) if the Share Repurchase Market/Offer Price (as defined below) is greater than the Exercise Price, the difference between the Share Repurchase Market/Offer Price and the Exercise Price, and (B) the number of shares of the Company Common Stock to be repurchased pursuant to this Section 7. "Share Repurchase Market/Offer Price" shall mean, as of any date, the higher of (X) the highest price per share offered pursuant to a tender or exchange offer or other business combination offer involving the Company as the target party during the Repurchase Period prior to the delivery by Parent of a notice of repurchase, and (Y) the Fair Market Value (as defined in Section 7(b)(iii)) of the Company Common Stock as of such date.
Share Repurchase Price means the product of (A) the greater of (I) the Exercise Price paid by Grantee per share of Grantor Common Stock acquired pursuant to the Grantor Option and (II) the Fair Market Value (as defined in Section 7(b)(iii)) of a single share of Grantor Common Stock as of the date of the applicable Repurchase Notice, and (B) the number of shares of Grantor Common Stock to be repurchased pursuant to this Section 7 as covered by the applicable Repurchase Notice.

Examples of Share Repurchase Price in a sentence

  • Within two business days after the surrender of the Option and/or certificates representing Option Shares and the receipt of the Repurchase Notice relating thereto, Issuer shall deliver or cause to be delivered to the Holder the applicable Option Repurchase Price and/or the Option Share Repurchase Price or, in either case, the portion thereof that Issuer is not then prohibited under applicable law and regulation from so delivering.

  • As promptly as practicable, and in any event within two business days after the surrender of the Option and/or certificates representing Option Shares and the receipt of the Repurchase Notice relating thereto, Issuer shall deliver or cause to be delivered to the Holder the applicable Option Repurchase Price and/or the Option Share Repurchase Price.

  • In addition, at the request of the owner (the "Substitute Share Owner") of shares of Substitute Common Stock, the Substitute Option Issuer shall repurchase the Substitute Common Stock at a price (the "Substitute Share Repurchase Price") equal to the Highest Closing Price multiplied by the number of shares of Substitute Common Stock so designated.

  • Within five business days after the surrender of the Option and/or certificates representing Option Shares and the receipt of such notice relating thereto, Issuer shall deliver or cause to be delivered to the Holder the Option Repurchase Price and/or to the Owner the Option Share Repurchase Price therefor or the portion thereof, if any, that Issuer is not then prohibited under applicable law and regulation and Order (as defined below) from so delivering.

  • Data is collected from secondary sources for this particular study.


More Definitions of Share Repurchase Price

Share Repurchase Price shall have the meaning set forth in Section 2.5 below.
Share Repurchase Price has the meaning set forth in Section 2.1(a). ---------------------- --------------
Share Repurchase Price means the product of (A) the greater of (I) the Exercise Price paid by Cascade per share of Ascend Common Stock acquired pursuant to the Ascend Option and (II) the Fair Market Value (as defined in Section 7(b)(iii)) of a single share of Ascend Common Stock as of the date of the applicable Repurchase Notice, and (B) the number of shares of Ascend Common Stock to be repurchased pursuant to this Section 7 as covered by the applicable Repurchase Notice. (iii) Fair Market Value. As used in this Agreement, "Fair Market Value" shall mean, with respect to any security, the per share average of the last reported sale prices on The Nasdaq National Market (or such other national stock exchange or national market system as shall then be the primary trading market for such security) for the ten (10) trading days immediately preceding the applicable date.
Share Repurchase Price shall be automatically adjusted so that the aggregate consideration payable by the Company to redeem the Shares shall be the same immediately after such Adjustment Event as would have been payable immediately prior to such Adjustment Event.
Share Repurchase Price means the product of ---------------------- (A) the sum of (1) the Exercise Price paid by Parent per share of the Company's Common Stock acquired pursuant to the Topping Fee Option, and (2) if the Share Repurchase Market/Offer Price (as defined below) is greater than the Exercise Price, the difference between the Share Repurchase Market/Offer Price and the Exercise Price, and (B) the number of shares of the Company's Common Stock to be repurchased pursuant to this Section 5.3; (iv) "
Share Repurchase Price means the repurchase price to be paid in cash by the Company for the Share Repurchase, which shall be equivalent to the Purchase Price to be paid for the total amount of Series C-3 Preferred Shares and the Ordinary Shares sold pursuant to Section 2.
Share Repurchase Price means the number of shares multiplied by the per share Redemption Price as such term is defined in Section 8 of the Certificate of Designations.