Weighted Average Closing Price definition

Weighted Average Closing Price means the price determined by the first of the following clauses that applies: (A) if the Common Stock is then listed or quoted for trading on a Trading Market other than the OTC Bulletin Board or the Pink OTC Market, the volume-weighted average closing prices of the Common Stock on the Trading Market on which the Common Stock is then listed or quoted for trading as reported by Bloomberg L.P., (B) if the Common Stock is then listed or quoted for trading on the OTC Bulletin Board, the volume-weighted average closing prices of the Common Stock on the OTC Bulletin Board, or (C) if the Common Stock is not then listed or quoted for trading on the OTC Bulletin Board and if prices for the Common Common Stock are then reported in the “Pink Sheets” published by Pink OTC Markets, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the closing bid prices per share of the Common Stock so reported.

Weighted Average Closing Price means the weighted closing price of the Stock during the thirty-day period preceding the date of valuation. The Weighted Average Closing Price shall be the result of (i) divided by (ii), where:

Weighted Average Closing Price means a fraction, the numerator of which is, for each of the trading days within 30 days immediately prior to the day which is one Business Day prior to the Closing Date, the product of the closing price as reported on the NYSE for a share of REIT Common Stock on a particular Business Day multiplied by the number of shares traded on such Business Day and the denominator of which is equal to the number of shares traded during such 30 day period.

Examples of Weighted Average Closing Price in a sentence

• The dollar amount of such cash dividends shall be converted into Stock Units by dividing such dollar amount by the Weighted Average Closing Price of the Company's Stock which exists on such Dividend Payment Date.

• At Closing, Parent shall issue and deliver to Seller unregistered warrants convertible into unregistered Securities of Parent, the number of which shall be determined by dividing $2,000,000.00 by the 5-Day Weighted Average Closing Price (the “Closing Delivered Warrants”), pursuant to the terms, provisions and conditions of that certain Warrant Agreement in the form of Exhibit A to this Agreement (the “Warrant Agreement”).

• To determine the cash value of the Participant's Matching Contribution Stock Subpart, the number of Stock Units credited on the date of termination of employment shall be multiplied by the Weighted Average Closing Price of the Stock on such date.

• To determine the cash value of the Participant's Deferred Compensation Stock Subpart on the date of withdrawal of funds, the number of Stock Units credited on the date of withdrawal of funds shall be multiplied by the Weighted Average Closing Price of the Stock on such date.

• The dollar amount of Matching Contribution shall be converted into Stock Units by dividing such dollar amount by the Weighted Average Closing Price of the Company's Stock which exists on the date such Matching Contribution is credited to the Participant's Stock Subpart.

More Definitions of Weighted Average Closing Price

Weighted Average Closing Price means the average of the closing bid and asked prices of the Common Stock quoted in the over-the-counter market summary or the last reported sale price of the Common Stock or the closing price quoted on the Nasdaq National Market System or on any exchange on which the Common Stock is listed, whichever is applicable, as published in The Wall Street Journal for the ten-trading day period beginning September 18, 2001. In the event quotations are not available for the Common Stock on the over-the-counter market, and the Common Stock is not listed for trading on any established stock exchange or a national market system, the Weighted Average Closing Price shall be determined by the Company's Board of Directors in the good faith exercise of its reasonable business judgment. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms.

Weighted Average Closing Price means, during the Measurement Period, the cumulative sum of the daily dollar volume-weighted closing price for such Acquiror Common Stock, for each Business Day during which shares of Acquiror Common Stock trade on the principal exchange, quotation system or reporting system upon which Acquiror’s Common Stock publicly trades; divided by the cumulative number of shares of Acquiror Common traded during the Measurement Period. For the purposes hereof, the “daily dollar volume weighted price” shall be determined, for those Business Days in which trades occur during the Measurement Period, as the product of: (x) the number of shares of Acquiror Common Stock that trade during that particular day; and (ii) the closing price of the Acquiror Common Stock for that date.

Weighted Average Closing Price means the (a) the sum, for each of the twenty (20) trading days ending five calendar days prior to the Closing Date, of the product of (i) the closing price of Heartland Common Stock as quoted on the Nasdaq Global Select Market for such trading day multiplied by, (ii) the trading volume reported on the Nasdaq Global Select Market for such trading day, divided by (b) the aggregate trading volume over such twenty (20) day period.

Weighted Average Closing Price means the volume weighted average of the daily volume weighted average price of a share of CVBF Stock on the Nasdaq Global Market only as reported by Bloomberg LP for each of the twenty (20) consecutive trading days ending on and including the Pricing Date.

Weighted Average Closing Price means the average of the last reported sales prices of CVB Stock as reported on the Nasdaq National Market during the period of twenty (20) trading days ending on and including the Pricing Date.

Weighted Average Closing Price shall have the meaning ascribed thereto at Section 1.2(f)(ii)(B).

Weighted Average Closing Price means the price determined by the first of the following clauses that applies: (A) if the Common Stock is then listed or quoted for trading on a Trading Market other than the OTC Bulletin Board or the Pink OTC Market, the volume-weighted average closing prices of the Common Stock on the Trading Market on which the Common Stock is then listed or quoted for trading as reported by Bloomberg L.P., (B) if the Common Stock is then listed or quoted for trading on