Common use of Ten Day Average Price Clause in Contracts

Ten Day Average Price. For purposes of determining whether and to what extent any adjustment should be made under this Section 1.02(b)(ii), the ten trading day average closing price for the Parent Common Stock for the period up to and including the second day before the Event Date shall control (the "Ten Day Average Price"). The Event Date in the case of a Guaranteed Merger Consideration Adjustment at Closing shall be the Closing Date. The Event Date in the case of a Guaranteed Merger Consideration Adjustment after Closing shall be the twelfth day after the date of public announcement of termination of the Cox-TCA Merger Agreement.

Appears in 3 contracts

Sources: Agreement and Plan of Reorganization (Tca Cable Tv Inc), Agreement and Plan of Reorganization (Tca Cable Tv Inc), Agreement and Plan of Reorganization (Tca Cable Tv Inc)