Examples of Principal Stock Exchange in a sentence
Fair Market Value means, on any given date, the reported “closing” price of a share of Common Stock on the NASDAQ National Market System or the Principal Stock Exchange on which the Common Stock is traded, or if the Common Stock was not so traded on such day, then on the next preceding day that the Common Stock was so traded.
For purposes of calculating the Conversion Price, the term "Business Day" shall mean a day on which the Principal Stock Exchange is open for business or, if no such exchange, the term "Business Day" shall have the meaning given such term in Section 3(D) below.
Upon making a Subscription Payment to BEPC, BEPC shall issue a number of Class C Shares equal to the cash amount of the Subscription Payment divided by the volume-weighted average of the trading price for one Class A Share on the Principal Stock Exchange for the five trading days immediately preceding the Subscription Payment Date.
After the Required Approval, the Company shall promptly list on the Principal Stock Exchange a sufficient number of shares of Class A Common Stock to enable the conversion of all Series A Preferred Shares.
Notwithstanding anything to the contrary in this Certificate of Designation (including the terms and conditions of Section (I) of Article IX), the Corporation will (I) not be permitted to deliver any shares of Common Stock upon the occurrence of a Change of Control to the extent such delivery would violate the rules and regulations of the Principal Stock Exchange, and (II) in such case, be required to settle any such amount in cash or other non-stock assets.