Weighted Price definition

Weighted Price means, in reference to a particular day, the average of the closing sale prices (or last bid prices if no closing sale prices are reported) of the common stock of the Parent as reported on Nasdaq for the ten (10) trading days immediately preceding that particular day.
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Weighted Price. , means the greater of (A) $2.00; and (B) 95% of the Market Price.
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Examples of Weighted Price in a sentence

  • KCS may at its election deliver shares of KCS Common Stock valued at the Volume Weighted Price, in lieu of any portion of the cash payment.

  • In addition, the Parent will be required to deliver to the Sellers, common stock of the Parent equal to an aggregate of $500,000 at a price per share equal to the Weighted Price as of the date of the exercise of the repurchase rights by the Sellers.

  • The Authority shall then add each Tenderer’s Weighted Quality Score to their Weighted Price Score which shall be the total bid score (the “Total Bid Score”).

  • On the Payment Date, this Note shall automatically be converted into the right to receive that number of shares of KCS Common Stock as, valued at the Volume Weighted Price, shall equal the remaining principal amount of this Note as of the Payment Date.

  • Ruby Creek shall have the option to satisfy this obligation by the issuance of the appropriate number of restricted shares of its common stock based upon the VWAP (Volume Average Weighted Price) for the 20 days immediately preceding this date.

  • The transaction reports of the New York Stock Exchange or The Nasdaq National Market shall be used to calculate each Volume Weighted Price.

  • Subject to the provisions of the Indenture, the Company will have the right to terminate the Conversion Right if the Volume Average Weighted Price of the Company’s Common Stock has been greater than or equal to 130% of Conversion Price then in effect for at least 20 Trading Days during any 30 consecutive Trading Day period.

  • Where an Average Weighted Price is more than 20% lower than the median, the Department reserves the right to seek clarification on the underlying price assumptions and may, at its absolute discretion, accept the pricing where it is satisfied of its viability.