Stock Component definition

Stock Component means the quotient (rounded to the nearest 1/100,000) --------------- determined by dividing $0.25 by the average closing sales price for Premier Common Stock (as hereinafter defined) as reported on The Nasdaq Stock Market, Inc. ("NASDAQ") as published in The Wall Street Journal or, if not published therein, an another authoritative source, for either (i) fifteen (15) consecutive trading days (each, a "Trading Day") immediately preceding the Closing Date or (ii) the thirty (30) consecutive Trading Days ending fifteen (15) Trading Days prior to the Closing Date, whichever yields the lowest number of shares of Premier Common Stock. Notwithstanding any other provision of this Purchase Agreement, if Seller would have otherwise have been entitled to receive a fraction of a share of Premier Common Stock (after taking into account all shares tendered by Seller) he, she or it shall receive, in lieu thereof, cash in an amount equal to the fractional part of the Premier Common Stock multiplied by the "market price" of one share of Premier Common Stock, payable as part of the Purchase Consideration. The "market price" of one share of Premier Common Stock shall be the closing price of such common stock as reported on NASDAQ (as published in the Wall Street Journal or, if not published therein, any other authoritative source) on the last Trading Day preceding the Closing Date.

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Stock Component has the meaning set forth in Section 2.2.

Stock Component means Six Million Seven Hundred Fifty Thousand (6,750,000) shares of Cathay Common Stock.

Examples of Stock Component in a sentence

The Stock Component shall be valued in accordance with the terms of the Plan.
Upon receipt by LHT, title to the serviceable Pool Component or the Home Base Stock Component, as the case may be, transfers to Volaris.
The reduction of the Stock Component by a Founding Company shall not affect the Stock Component of the other Founding Companies which shall be calculated as if such reduction had not occurred.
Each of the Founding Companies shall have the right to reduce their respective Stock Component calculated above by returning shares of PalEx Common Stock.
The Company, in its sole discretion, may pay the Emergence Bonus using a combination of cash (the "Cash Component") and new equity securities of the Company after confirmation of the Plan (the "Stock Component"); provided, however, in no event shall the Cash Component be less than forty percent (40%) of the Emergence Bonus.

More Definitions of Stock Component

Stock Component means that number of shares of Buyer Common Stock obtained by dividing €276,000,000 by the Currency Adjusted Stock Value and rounding to the nearest whole number.

Stock Component. As defined in Section 3.1.2.

Stock Component that portion, if any, of the Purchase Price that Purchaser elects to pay in Toy Biz Common Stock pursuant to Section 2.2.

Stock Component has the meaning set forth in Section 3.

Stock Component shall have the meaning given to such term in Section 2.3.2.1.

Stock Component means the class of equity securities into which a Bond Component is convertible according to the terms of the applicable Bond Component Documents.

Stock Component means that portion of the Merger Consideration that is paid in Parent Shares.