Valuation Period Market Value definition

Valuation Period Market Value means the average of the average daily high and low sale price per share of the Company Common Stock on the New York Stock Exchange (the “NYSE”) for the five (5) trading days ending on and including the third trading day preceding the Effective Time (as reported in an authoritative source).

Valuation Period Market Value means the average Market Value during the Valuation Period; provided, however, that in the event the average Market Value during the Valuation Period is less than $14.00 per share, the Valuation Period Market Value shall be deemed to be $14.00 per share and in the event the average Market Value during the Valuation Period is greater than $15.00 per share, the Valuation Period Market Value shall be deemed to be $15.00 per share;

Valuation Period Market Value means the average of the closing prices of Pocahontas Bancorp Common Stock on the Nasdaq National Market System (as reported by The Wall Street Journal) for the twenty (20) consecutive trading days ending on the fifth business day before the Closing Date.

Examples of Valuation Period Market Value in a sentence

• Subject to Section 12.2, upon the Closing, that number of shares of Search Common Stock to be delivered pursuant to Section 1.3 of the Merger Agreement to or for the account of the Stockholders having a value, based on the Valuation Period Market Value, equal to Two Million Five Hundred Thousand Dollars ($2,500,000) (the "Escrow Fund") shall be delivered to the Escrow Agent to be held by the Escrow Agent pursuant to the Escrow Agreement, a copy of which is attached as Schedule 12.

• Search hereby delivers to Escrow Agent the number of shares (the "Tax Holdback Shares") of Merger Consideration equal to Two Million, Three Hundred Thousand Dollars ($2,300,000) worth of Search Common Stock at the Valuation Period Market Value (the "Tax Holdback Fund") to hold in escrow on the terms and conditions set forth herein.

• Search hereby delivers to Escrow Agent the number of shares (the "Escrow Shares") of Merger Consideration equal to Two Million, Five Hundred Thousand Dollars ($2,500,000) worth of Search Common Stock at the Valuation Period Market Value (the "Escrow Fund") to Escrow Agent to hold in escrow on the terms and conditions set forth herein.

• Holders of Parent Shares or Shares who are to receive cash in lieu of exchanging their Parent Shares or Shares for New Parent Shares as specified below shall receive an amount in cash (the "Per Share Cash Consideration") in respect of each New Parent Share they would have been entitled to receive pursuant to Section 2.7 equal to the Valuation Period Market Value (as defined below).

• If the Valuation Period Market Value of Bank Common Stock is less than $27.875, the Stock Amount shall be equal to the amount obtained by (A) multiplying 2,945,594 by $27.875 and (B) dividing the product thereof by the Floor Value.

More Definitions of Valuation Period Market Value

Valuation Period Market Value means the average of the closing sales prices for CSBI Common Stock as reported on the NASDAQ (as reported in The Wall Street Journal or, in the absence thereof, by another authoritative source) during the Valuation Period; and

Valuation Period Market Value shall have the meaning set forth in Section 3.2 of this Agreement.

Valuation Period Market Value means the average of the closing sales prices for a Parent Share as reported on the NYSE Composite Transactions reporting system (as reported in The Wall Street Journal or, in the absence thereof, by another authoritative source) during the Valuation Period; and

Valuation Period Market Value means the average of the closing prices of a share of Search Common Stock, as quoted on NASDAQ for the 10 NASDAQ trading days immediately preceding and including the Determination Date or, if the Search Common Stock is not quoted on NASDAQ, the average of the high bid and low ask prices of a share of Search Common Stock as quoted in the over-the-counter market for such 10 trading day period.

Valuation Period Market Value contained in Section 1.09(b) is hereby amended by deleting such definition in its entirety and substituting in place thereof the following:

Valuation Period Market Value means the average of the closing prices of a share of Search Common Stock, as quoted on NASDAQ for the 10 NASDAQ trading days immediately preceding and including the Determination Date or, if the Search Common Stock is not quoted on NASDAQ, the average of the high bid and low ask prices of a share of Search Common Stock as quoted in the over-the-counter market for such 10 trading day period. 8.107. "Warehouse Loans" means loans pursuant to the transaction entered into pursuant to that certain Repurchase Agreement dated as of April 1, 1995 between the Company and Telluride Funding Corp. and certain other related documents, as such may be amended, modified, supplemented, extended, renewed or replaced, in connection with which Financial Security Assurance Inc. issued a financial guaranty insurance policy.

Valuation Period Market Value means the average of the closing sales prices for Parent Common Stock as reported on the NYSE Composite Transactions reporting system (as reported in The Wall Street Journal or, in the absence thereof, by another authoritative source) during the Valuation Period; and