Closing Share Value definition

Closing Share Value means the Closing Price of the Shares on the date of the Change in Control of the Company. For purposes of this subsection (d), the "Closing Price" of a Share on any date shall mean the last sale price, regular way, or, in case no such sale takes place on such date, the average of the closing bid and asked prices, regular way, in either case as reported in the principal consolidated transaction reporting system with respect to securities listed or admitted to trading on the New York Stock Exchange or, if the Shares are not listed or admitted to trading on the New York Stock Exchange, as reported in the principal consolidated transaction reporting system with respect to securities listed on the principal national securities exchange on which the Shares are listed or admitted to trading or, if the Shares are not listed or admitted to trading on any national securities exchange, the last quoted price, or if not so quoted, the average of the highest bid and lowest ask prices in the over-the-counter market, as reported by the National Association of Securities Dealers, Inc. Automated Quotation System or, if such system is no longer used, the principal other automated quotation system that may then be in use or, if the Shares are not quoted by any such organization, the average of the closing bid and asked prices as furnished by a professional market maker making the market in the Shares as such person is selected from time to time by the Board of Trustees of the Company.

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Closing Share Value means the Closing Price of the shares of common stock of the Company on the date of the Change of Control; and

Closing Share Value means the Closing Price of the Shares on the date of the Change in Control of the Company. For purposes of this subsection, the "Closing Price" of a Share on any date shall mean the last sale price, regular way, or, in case no such sale takes place on such date, the average of the closing bid and asked prices, regular way, in either case as reported in the principal consolidated transaction reporting system with respect to securities listed on the principal national securities exchange on which the Shares are listed or admitted to trading or, if the Shares are not listed or admitted to trading on any national securities exchange, the last quoted price, or if not so quoted, the average of the highest bid and lowest ask prices in the over-the-counter market, as reported by the National Association of Securities Dealers, Inc. Automated Quotation System or, if such system is no longer used, the principal other automated quotation system that may then be in use or, if the Shares are not quoted by any such organization, the average of the closing bid and asked prices as furnished by a professional market maker making the market in the Shares as such person is selected from time to time by the Board of Directors of the Company or, if there are no professional market makers making a market in the Shares, then the value as determined in good faith judgement of the Board of Directors of the Company.

Examples of Closing Share Value in a sentence

For purposes of clarification, if the percentage amount of the Decline is 25% and the percentage decline in the common shares of the Sector Basket is less than 5%, then IESI-BFC shall have increased the aggregate consideration to be provided in the Merger, in cash or shares or a combination thereof, by an amount equal to 5% of the Closing Share Value multiplied by the number of shares of WSI Common Stock to be exchanged in the Merger.
If the Estimated Net Adjustment is a positive number, the number of Subordinate Shares to be issued to the Participating Securityholders at the Closing, subject to Section 3.4(a) shall be increased by a number of Subordinate Shares having a Closing Share Value equal to the Estimated Net Adjustment.
Subject to applicable Law, BDE may satisfy all or a portion of its indemnification obligations under this Section 10 by delivery to Atrinsic of that number of shares of the Share Consideration as is equal to (x) the amount of the indemnification payments BDE chooses to satisfy by delivery of shares, divided by (y) the Closing Share Value.
At the end of each Performance Period, the total shareholder return (“Total Shareholder Return” or “TSR”) of the Company and each of the Peer Group Companies (as defined below) shall be calculated by dividing (i) the Closing Share Value, as such synonymous term is defined for purposes of the Company’s Long-Term Equity Incentive Program for executive officers approved by the Committee for such year (the “Program”) by (ii) the Opening Share Value, as such synonymous term is defined under the Program.
If the Estimated Net Adjustment is a negative number, the number of Subordinate Shares issued to the Participating Securityholders at the Closing, subject to Section 3.4(a), shall be reduced by a number of Subordinate Shares having a Closing Share Value equal to the Estimated Net Adjustment (reflected as a positive number).

More Definitions of Closing Share Value

Closing Share Value means the Closing Price of the shares of the Company Common Stock on the date of the Change of Control;

Closing Share Value means the quotient of (a) the sum of all Trade Values over (b) the aggregate number of shares of Parent Common Stock traded during the twenty (20) consecutive trading days immediately preceding the third trading day prior to the Closing Date.

Closing Share Value means the Closing Price of the shares of the Company Common Stock on the date of the Change of Control or termination, as the case may be;

Closing Share Value means in the case of the Company, the closing price of a share of the Company’s Common Stock, and in the case of the R▇▇▇▇▇ 2000 Index, the price reported as the closing price of the companies in the R▇▇▇▇▇ 2000 Index, in both cases, on the last trading day of a Restricted Stock Performance Period.

Closing Share Value means Six Hundred Twenty-Five Million Dollars ($625,000,000).

Closing Share Value means an amount equal to the product of (i) the Closing Stock Percentage multiplied by (ii) the Closing Purchase Price.

Closing Share Value means the weighted average trading price of the common shares of IESI-BFC on the Toronto Stock Exchange for the three trading days ending on the trading day immediately prior to the Closing Date.

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