Initial Index Price definition

Initial Index Price means the sum of each per share closing price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transactions reporting system for the market or exchange on which such common stock is principally traded, on the trading day immediately preceding the public announcement of the Agreement.
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Initial Index Price means the average of the closing prices of the Index for the ten (10) consecutive trading days immediately preceding the date of this Agreement.
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Initial Index Price means the closing value of the Index on the date of this Agreement.
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Examples of Initial Index Price in a sentence

  • If a company is excluded from the list of Index Companies, then the Initial Index Price and the Final Index Price shall be calculated as if the excluded company had not originally been included in the list of companies.

  • The "Initial Index Price" means the average of the closing prices per share of each of the common stocks of the Index Companies (defined below) as reported on NYSE, The Nasdaq Stock Market ("NASDAQ"), or the American Stock Exchange ("AMEX") on September 9, 1999 ("Initial Index Date").

  • By NorthStar, by written notice to Frontier on the business day immediately following the Determination Date, in the event that (i) the Frontier Average Closing Price is less than $22.81, and (ii) the number obtained by dividing the Frontier Average Closing Price by $28.51 is less than the number obtained by (x) dividing the Final Index Price (as defined below) by the Initial Index Price (as defined below), and then (y) multiplying the quotient so obtained by 0.90.

  • The “Upset Condition” shall have occurred if both of the following conditions exist: (a) the Final Purchaser Price is less than $12.02 (the “Floor Purchaser Price”); and (b) the number determined by dividing the Final Purchaser Price by $15.02 (the “Initial Purchaser Price”) is less than the number obtained by subtracting (i) .20 from (ii) the quotient obtained by dividing the Final Index Price by the Initial Index Price.

  • The Initial Index Price computed as of August 18, 2000 is presented below as an illustration of the method of computation, but is subject to adjustment as provided in Sections (Index Adjustments).


More Definitions of Initial Index Price

Initial Index Price has the meaning set forth in Section 7.01(i).
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Initial Index Price means the closing price of the Nasdaq Bank Index as of the Starting Date.
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Initial Index Price means $106.25.
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Initial Index Price means $3,569.16.
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Initial Index Price means $2,506.35, which is the closing price of the Index Group on the last Trading Day immediately preceding the date of this Agreement.
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Initial Index Price means the sum of the Initial Prices of each company comprising the Index.
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Initial Index Price means the average of the closing prices of the Index for the ten (10) consecutive trading days immediately preceding the date of this Agreement. If FNB or any company belonging to the Index declares or effects a stock split, stock dividend, recapitalization, reclassification, or similar transaction with respect to the outstanding common stock, and the record date therefore shall be after the date of this Agreement and prior to the Determination Date, the prices for the common stock of such company shall be proportionately and appropriately adjusted for the purpose of applying this Section 8.1(h).
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