Closing Date FMV definition

Closing Date FMV means the average closing price of a share of THK Common Stock on the principal market on which the shares are then traded for the ten (10) consecutive trading days prior to the Closing Date.
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Closing Date FMV means the average closing price of a share of THK Common Stock on the principal market on which the shares are then traded for the five trading days prior to the Closing Date.
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Closing Date FMV means the Fair Market Value of a given Option Vessel on the applicable Closing Date.
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Examples of Closing Date FMV in a sentence

  • At any time that a forfeited RSU would have vested under the 2020 One-Time Equity Grant Program, the participant will receive a cash payment with respect to the related “equity participation unit” equal to Closing Date FMV of a Share of Seller Stock increased or decreased by the same percentage as the equity value of the Company increases or decreases from the Closing Date until such vesting date.

  • Pursuant to Section 5.2(o), S&W will have the right but not the obligation to cure any deficiency whereby the Stock Portion, with the Additional Stock Portion, based on the Closing Date FMV does not equal or exceed 40% of the Merger Consideration delivered at the Effective Time.

  • The Stock Portion (plus the Additional Stock Portion, if applicable) based on the Closing Date FMV must equal or exceed 40% of the Merger Consideration delivered at the Effective Time.

  • Such amounts shall be payable at Closing, one-half in cash (the “Cash Consideration”), and one-half in shares of THK Common Stock, such stock to be valued at the Closing Date FMV (the “Stock Consideration”).


More Definitions of Closing Date FMV

Closing Date FMV means (i) in the event a Change in Control is effected by a cash purchase of Common Stock, the price per share paid by the acquirer; (ii) in the event a Change in Control is effected with consideration other than cash or involving the sale of Company assets, the per share value to the target shareholders of the transaction as determined by an investment banking firm selected by the Company; provided, however, that for purposes of calculating an Incentive Compensation Payment with respect to a Payment Event for a Participant who is no longer an employee or member of the Board on the date of such Payment Event, Closing Date FMV shall be the lesser of (A) the amount determined in clauses (i) or (ii) above, or (B) the average closing market price of the Common Stock on the Nasdaq Stock Market for the ten trading days ending on the trading day prior to the date of departure of the withdrawn Participant.
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Closing Date FMV means $2.18.
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Related to Closing Date FMV

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.