Third Party Sale Price definition

Third Party Sale Price means, with respect to any Third Party Cash Sale, the quotient of (x) the aggregate cash consideration received by the shareholders (directly or indirectly) in connection with the applicable Third Party Cash Sale, divided by (y) the number of Fully Diluted Shares of Common Stock outstanding immediately before the Third Party Sale Closing.
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Third Party Sale Price means the proceeds actually received by or on behalf of Growth Partners (or a subsidiary thereof) from a third party purchaser of CIE’s business or a Material Component thereof in respect of such sale. The fair market value of any non-cash proceeds shall be determined between CEC and CAC, with any disputed amount to be subject to the dispute resolution procedures set forth in Section 5.5.
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Third Party Sale Price means the proceeds of any disposal pursuant to Clause 4.3 to the extent receivable and received by the Vendor and applied by the Financier in permanent reduction of the Alcor Financing Costs, provided that if the Shares are not disposed of by 31 March, 2000 the Third Party Sale Price shall be deemed to be zero;
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Examples of Third Party Sale Price in a sentence

  • For the avoidance of doubt, the Holders shall not be entitled to any payment or consideration with respect to any Third Party Cash Sale with respect to which the Third Party Sale Price is equal to or less than the Exercise Price.

  • If a GPC Issue to a Third Party would require Regulated Disclosure, GPC Australia may instead pay to that Third Party the relevant portion of the Third Party Sale Price in accordance with clause 2.3(c)(iii) notwithstanding anything specified (or deemed to be specified) in an Election Notice by that Third Party.

  • Pursuant to the terms hereof, PGET shall use commercially reasonable efforts to resell the Identified Allowances, on or before November 15, 2001, to a third party at the highest available price (the "Third Party Sale Price"); provided, however, that Buzzard may direct PGET, from time to time, to sell any or all of the Identified Allowances on terms acceptable to Buzzard.

  • The fair market value of the Security Services Business as of the date of the Separation as determined by the Final Separation Valuation Report shall be the Security Separation Value for purposes of this Agreement, unless a Third Party Purchase Agreement has been entered into prior to the Closing, in which case the Third Party Sale Price of such Third Party Purchase Agreement shall be the final Security Separation Value for all purposes of this Agreement.

  • Any payment made by the Third Party to GPC Australia in connection with a Claim will be treated as a pro-rata reduction in the Third Party Sale Price.

  • The maximum aggregate liability of the Third Party arising out of or in connection with this deed or its subject matter (including any and all Claims) is limited to an amount equal to the Third Party Sale Price.


More Definitions of Third Party Sale Price

Third Party Sale Price. As defined in Section 10.01(a).
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Third Party Sale Price has the meaning specified in Section 1.5(a).
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Third Party Sale Price means the cash proceeds of any disposal pursuant to Clause 4.3 to the extent received and retained by the Vendor;
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Third Party Sale Price means the proceeds of any disposal pursuant to Clause 7.6 to the extent receivable and received by the Vendor and applied by the Financier in permanent reduction of the Alcor Financing Costs, provided that if the Shares are not disposed of by 31 March,the Purchaser will pay to the Vendor an amount equal to the difference between the Alcor Financing Costs and the Third Party Sale Price and shall indemnify the Vendor against all other costs, losses and expenses incurred by the Vendor or any Vendor Group Company (other than a Group Company) in connection with the Sale of the Shares referred to in Clause 7.6.1, and
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Third Party Sale Price means the total consideration (as determined for Tax purposes) provided for by a Third Party Purchase Agreement.
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Third Party Sale Price means, with respect to any Third Party Cash
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Related to Third Party Sale Price

  • Time sale price means the total of the cash price of the goods and services or services, the finance charge, and the amounts, if any, included for insurance premiums and official fees.

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in the “pink sheets” by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale 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 in accordance with the procedures in Section 13. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • Last Reported Sale Price of the Common Stock on any date means the closing sale price per share (or if no closing sale price is reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average ask prices) on that date as reported in composite transactions for the principal U.S. national or regional securities exchange on which the Common Stock is traded. If the Common Stock is not listed for trading on a U.S. national or regional securities exchange on the relevant date, the “Last Reported Sale Price” shall be the last quoted bid price for the Common Stock in the over-the-counter market on the relevant date as reported by OTC Markets Group Inc. or a similar organization. If the Common Stock is not so quoted, the “Last Reported Sale Price” shall be the average of the mid-point of the last bid and ask prices for the Common Stock on the relevant date from each of at least three nationally recognized independent investment banking firms selected by the Company for this purpose.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Bid Price means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported in the “Pink Sheets” published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Purchasers of a majority in interest of the Securities then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Market Price means, with respect to a particular security, on any given day, the last reported sale price regular way or, in case no such reported sale takes place on such day, the average of the last closing bid and ask prices regular way, in either case on the principal national securities exchange on which the applicable securities are listed or admitted to trading, or if not listed or admitted to trading on any national securities exchange, the average of the closing bid and ask prices as furnished by two members of the Financial Industry Regulatory Authority, Inc. selected from time to time by the Company for that purpose. “Market Price” shall be determined without reference to after hours or extended hours trading. If such security is not listed and traded in a manner that the quotations referred to above are available for the period required hereunder, the Market Price per share of Common Stock shall be deemed to be (i) in the event that any portion of the Warrant is held by the Original Warrantholder, the fair market value per share of such security as determined in good faith by the Original Warrantholder or (ii) in all other circumstances, the fair market value per share of such security as determined in good faith by the Board of Directors in reliance on an opinion of a nationally recognized independent investment banking corporation retained by the Company for this purpose and certified in a resolution to the Warrantholder. For the purposes of determining the Market Price of the Common Stock on the “trading day” preceding, on or following the occurrence of an event, (i) that trading day shall be deemed to commence immediately after the regular scheduled closing time of trading on the New York Stock Exchange or, if trading is closed at an earlier time, such earlier time and (ii) that trading day shall end at the next regular scheduled closing time, or if trading is closed at an earlier time, such earlier time (for the avoidance of doubt, and as an example, if the Market Price is to be determined as of the last trading day preceding a specified event and the closing time of trading on a particular day is 4:00 p.m. and the specified event occurs at 5:00 p.m. on that day, the Market Price would be determined by reference to such 4:00 p.m. closing price).

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and