Triggering Event Price definition

Triggering Event Price means, in respect of an issue of Common Shares for cash consideration pursuant to a Triggering Event, the purchase price per Common Share to be paid for such Common Share by the purchasers thereof and means, in respect of an issue of Common Shares for consideration other than cash consideration pursuant to a Triggering Event, the price per Common Share, as determined by an Independent Committee (acting reasonably and in good faith), that would have been received by the Company or its applicable Subsidiary had such Common Shares been issued for cash consideration.
Triggering Event Price means, in respect of an issue of Common Shares and/or Convertible Securities by the Company for cash consideration pursuant to a Triggering Event, the purchase price per Common Share and/or Convertible Security to be paid for such Common Shares and/or Convertible Securities by purchasers other than CBG and means, in respect of an issue of Common Shares and/or Convertible Securities for consideration other than cash consideration pursuant to a Triggering Event, the price per Common Share and/or Convertible Security, as determined by the Board acting in good faith, that would have been received by the Company had such Common Shares and/or Convertible Securities been issued for cash consideration.
Triggering Event Price means the Put Price discounted at a rate of 4.6% per annum based on a 365-day year for the period starting on the date of such Triggering Event and ending on January 1, 2006.

Examples of Triggering Event Price in a sentence

  • The Company shall forthwith notify CBG and/or GCILP if as a condition of obtaining any applicable regulatory approvals, including securities regulatory and stock exchange approval, the purchase price must be an amount greater than the Triggering Event Price, and shall keep CBG and/or GCILP fully informed and allow CBG and/or GCILP to participate in any communications with such stock exchange regarding the exercise of CBG and/or GCILP’s rights under this Article 3.

  • The Company shall forthwith notify Archerwill if as a condition of obtaining any applicable regulatory approvals, including securities regulatory and stock exchange approval, the purchase price must be an amount greater than the Triggering Event Price and shall keep Archerwill fully informed and allow Archerwill to participate in any communications with such securities regulator or stock exchange regarding the exercise of Archerwill’s rights under this Article 4.


More Definitions of Triggering Event Price

Triggering Event Price means, in respect of an issue of Common Shares and/or Convertible Securities by the Borrower for cash consideration pursuant to a Triggering Event, the purchase price per Common Share and/or Convertible Security to be paid for such Common Shares and/or Convertible Securities by purchasers other than the Lender and means, in respect of an issue of Common Shares and/or Convertible Securities for consideration other than cash consideration pursuant to a Triggering Event, the price per Common Share and/or Convertible Security, as determined by the Board acting in good faith, that would have been received by the Borrower had such Common Shares and/or Convertible Securities been issued for cash consideration, provided that, such determination of the price per Common Share shall not exceed the 20-day VWAP, unless the Borrower obtains a fairness opinion in respect of such valuation of the Common Shares.
Triggering Event Price means, in respect of an issue or delivery of Common Shares and/or Convertible Securities by the Company for cash consideration pursuant to a Triggering Event, the purchase price per Common Share and/or Convertible Security to be paid for such Common Share and/or Convertible Security by purchasers other than CBG and/or GCILP, and means, in respect of an issue of Common Shares and/or Convertible Securities for consideration other than cash consideration pursuant to a Triggering Event, the price per Common Share and/or Convertible Security, as determined by the Board acting in good faith, that would have been received by the Company had such Common Share and/or Convertible Security been issued for cash consideration.
Triggering Event Price means the excess, if any, of (A) (i) with respect to a Triggering Event consisting of an acquisition of all or substantially all of the Company's assets, the Book Value of the Company as defined in Section 2.3 but determined immediately after such Triggering Event and after giving effect thereto; (ii) with respect to a Triggering Event consisting of an acquisition of Common Stock, the fair market value of the Company based on the average price per share of Common Stock received by the person or persons selling stock in such Triggering Event and (iii) with respect to a Triggering Event consisting of a Registration Statement which becomes effective, the fair market value of the Company based on the public offering price per share of Common Stock, as set forth in the Prospectus which is part of the Registration Statement over (B) Book Value at the end of the month immediately preceding the Triggering Event.
Triggering Event Price means, (i) in respect of an issue of Common Stock, Options and/or Convertible Securities by the Company for cash consideration pursuant to a Triggering Event, the purchase price per share of Common Stock, Options and/or Convertible Security to be paid for such Common Stock, Options and/or Convertible Securities by purchasers other than the Holder and (ii) in respect of an issue of Common Stock, Options and/or Convertible Securities for consideration other than cash consideration pursuant to a Triggering Event, the price per share of Common Stock, Options and/or Convertible Security, as determined by the Board acting in good faith, that would have been received by the Company had such Common Stock, Options and/or Convertible Securities been issued for cash consideration.
Triggering Event Price means, in respect of an issue of Common Shares and/or Convertible Securities by Genworth Canada pursuant to a Triggering Event, the purchase price per Common Share and/or Convertible Security to be paid for such Common Shares and/or Convertible Securities and means, in respect of an issue of Common Shares and/or Convertible Securities for consideration other than money, the price per Common Share and/or Convertible Security, as determined by the Board acting in good faith, that would have been received by Genworth Canada had such Common Shares and/or Convertible Securities been issued for money.
Triggering Event Price means, in respect of an issue of Common Shares by the Corporation pursuant to a Triggering Event, the purchase price per Common Share to be paid for such Common Shares and means, in respect of an issue of Common Shares for consideration other than money, the price per Common Share, as determined by the Board acting in good faith, that would have been received by the Corporation had such Common Shares been issued for money.
Triggering Event Price means, in respect of an issue or delivery of Shares and/or Convertible Securities by the Company for cash consideration pursuant to a Triggering Event, the purchase price per Share and/or Convertible Security to be paid for such Share and/or Convertible Security by purchasers other than BSM, and means, in respect of an issue of Shares and/or Convertible Securities for consideration other than cash consideration pursuant to a Triggering Event, the price per Share and/or Convertible Security, as determined by the Board acting in good faith, that would have been received by the Company had such Share and/or Convertible Security been issued for cash consideration based on the fair market value, as determined by the Board acting in good faith, of the non-cash consideration received by the Company in respect of each such Share or Convertible Security.