Closing Date Reference Price definition

Closing Date Reference Price means $4.23.
Closing Date Reference Price means $7.35.
Closing Date Reference Price means the average closing price of one Buyer Share on the Nasdaq Global Market during the fifteen (15) consecutive trading days ending on (and including) the trading day prior to the Closing Date.

Examples of Closing Date Reference Price in a sentence

  • For example, for illustration purposes only: (A) if the Parent Shares are split 2 to 1, then the Adjusted Closing Date Reference Price shall be the Closing Date Reference Price divided by 2; or (B) if the Parent Shares undergo a reverse split of 1 to 2, then the Adjusted Closing Date Reference Price shall be the Closing Date Reference Price multiplied by 2.

  • For purposes of satisfying any claim under this Agreement, the value of each Parent Share included in the Indemnity Escrow Amount shall be equal to the Closing Date Reference Price.

  • For purposes of satisfying any claim of a Seller Developing Agent Liability under this Agreement, the value of each Parent Share included in the Developing Agents Escrow Amount shall be equal to the Closing Date Reference Price.

  • If the Parent Shares held as any part of the Escrow Amount are converted by the Parent through a stock split or a reverse stock split, then the Closing Date Reference Price shall be adjusted in direct but inverse relation to the stock split (the “Adjusted Closing Date Reference Price”).

  • If the Parent Shares held as any part of the Indemnity Escrow Amount are converted by the Parent through a stock split or a reverse stock split, then the Closing Date Reference Price shall be adjusted in direct but inverse relation to the stock split (the “Adjusted Closing Date Reference Price”).

  • If the Parent Shares are converted by Parent through a stock split or a reverse stock split, then the Closing Date Reference Price shall be adjusted in direct but inverse relation to the stock split (the “Adjusted Closing Date Reference Price”).

  • The “Stock Consideration” shall be a number of Buyer Shares equal to the quotient obtained by dividing (x) $2,500,000 multiplied by the percentage of the Acquired Interests owned by Accredited Investors (as determined based on the Securityholder Questionnaires) (the “Accredited Investor Percentage”), by (y) the Closing Date Reference Price.

  • In lieu of the issuance of any fractional share of Purchaser Common Stock, cash adjustments will be paid to holders in respect of any fractional share of Purchaser Common Stock that would otherwise be issuable, and the amount of such cash adjustment shall be equal to the product obtained by multiplying such stockholder’s fractional shares of Purchaser Common Stock that would otherwise be issuable by the Closing Date Reference Price.

  • The Escrow Agent shall pay all amounts due under an Adjustment Draw-Down Notice or Draw-Down Request, determined according to the terms of Section 3(a) and Section 3(b) of this Agreement, by releasing to the appropriate Buyer Indemnified Party a number of Aggregate Escrow Shares, rounded to the nearest whole number, equal to the quotient determined by dividing (x) the Adjustment Draw-Down Notice or Draw-Down Request amount by (y) the Adjusted Closing Date Reference Price.

  • If the Parent Shares are converted by the Parent through a stock split or a reverse stock split, then the Closing Date Reference Price shall be adjusted in direct but inverse relation to the stock split (the “Adjusted Closing Date Reference Price”).


More Definitions of Closing Date Reference Price

Closing Date Reference Price set forth in Section 1.1 of the Agreement is hereby deleted in its entirety and replaced with the following:
Closing Date Reference Price means the price of XCel common stock as of the close of markets on the Business Day immediately preceding the Closing.
Closing Date Reference Price means the average closing price of one Parent Share on the NYSE during the twenty (20) consecutive trading days ending on (and including) the trading day prior to the date of this Agreement.
Closing Date Reference Price means $5.00.

Related to Closing Date Reference Price

  • Initial Reference Pricei means as specified in the above table at item 15 (A) (i);

  • Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

  • Nodal Reference Price at each location shall mean the 97th percentile price differential between day-ahead and real-time prices experienced over the corresponding two-month reference period in the prior calendar year. Reference periods will be Jan-Feb, Mar-Apr, May- Jun, Jul-Aug, Sept-Oct, Nov-Dec. For any given current-year month, the reference period months will be the set of two months in the prior calendar year that include the month corresponding to the current month. For example, July and August 2003 would each use July- August 2002 as their reference period.

  • Final Reference Pricei means the official closing price of the Underlyingi on the Determination Date;

  • Final Reference Price means an amount (which shall be deemed to be a monetary value in the Underlying Currency) equal to the level of the Index at the Valuation Time on the Valuation Date or the Issuer Call Date, as the case may be, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such level can be determined and no Market Disruption Event has occurred and is continuing) an amount determined by the Calculation Agent as its good faith estimate of the level of the Index on such date having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent determines relevant;