Ten Day Average Price definition

Ten Day Average Price has the meaning provided in Section 801(b);

Ten Day Average Price means the average sales price per share of Western Common Stock for a Ten Day Period determined by averaging the last reported sales price on each trading day, and (z) "Ten Day Period" means any period of ten (10) consecutive trading days.

Ten Day Average Price means the volume weighted average sales price per share of Acquiror Common Stock for a Ten Day Period, which volume weighted average shall be determined in a manner consistent with Section 2.1(b) hereof; and (z) "TEN DAY PERIOD" means any period of ten (10) consecutive Trading Days occurring after the tenth Trading Day following the CCB Closing Date.

Examples of Ten Day Average Price in a sentence

• For purposes of determining whether and to what extent any adjustment should be made under this Section 1.02(b)(ii), the ten trading day average closing price for the Parent Common Stock for the period up to and including the second day before the Event Date shall control (the "Ten Day Average Price").

• In order to determine the additional Closing Shares to be delivered to the Shareholders, the resulting figure shall then be divided by the Ten Day Average Price.

• If the Ten Day Average Price is less than $50.00 per share, the Preliminary Merger Consideration shall be increased by an amount equal to the difference between $50.00 and the Ten Day Average Price, multiplied by the number of Closing Shares.

• The number of Net Shares to be paid shall be determined by dividing the Net Share Amount by the Ten Day Average Price.

• In lieu of fractional shares, holders will receive cash for the value of the fractional shares, which cash payment shall be based on the Ten Day Average Price.

More Definitions of Ten Day Average Price

Ten Day Average Price means, as of any date, the average Fair Market Value of the Common Stock for the last ten (10) consecutive trading days, as determined after market close on the tenth (10th ) such consecutive trading day. The Lapse Price shall be subject to adjustment for changes in capitalization as provided in Section 4(b) of the Plan. For purposes of clarity, the Selling Restrictions will lapse only once as to a particular installment attributable to attaining (for ten (10) consecutive trading days) a Ten Day Average Price equal to the Lapse Price and there shall be no requirement that the Fair Market Value of the Common Stock remain above the Lapse Price after such date.

Ten Day Average Price will have the meaning set forth in Section 1.6(b).

Ten Day Average Price means, as of any date, the average Fair Market Value of the Common Stock for the last ten (10) consecutive trading days, as determined after market close on the tenth (10th) such consecutive trading day. Notwithstanding anything herein to the contrary, any 3X Unvested Shares and/or 5X Unvested Shares that have not vested pursuant to the terms hereof by the third anniversary of the Registration Date shall be forfeited and deemed reconveyed to the Company for no cash or other consideration.

Ten Day Average Price has the meaning set forth in Section 8.01(f).

Ten Day Average Price means the average closing price of the Common Stock for the ten days on which the market or exchange on which the Common Stock is listed or quoted for trading is open for trading immediately preceding a particular date.

Ten Day Average Price has the meaning specified in Section 17.02(a)(ii). “Termination of Trading” will be deemed to have occurred if the Common Stock (or other common stock into which the Notes are then convertible pursuant to Article 17) is neither listed for trading on a United States national securities exchange nor approved for trading on the Nasdaq National Market.

Ten Day Average Price has the meaning specified in Section 17.02(a)(ii). "TERMINATION OF TRADING" will be deemed to have occurred if the Common Stock (or other common stock into which the Debentures are then convertible pursuant to Article 17) is neither listed for trading on a United States national securities exchange nor approved for trading on the Nasdaq National Market.