Put Price Per Share definition

Put Price Per Share means an amount equal to the highest of:

Put Price Per Share means, as at any date, the Market Price for a share of Common Stock as of such date.

Put Price Per Share has the meaning set forth in SECTION 5.5.

Examples of Put Price Per Share in a sentence

• At any time, and from time to time, after the third anniversary of the date hereof and prior to the Expiration Date, the Holder may, by written demand, require the Company to purchase and redeem, in whole or in part, this Warrant or any and all Common Shares issued or issuable upon exercise of this Warrant, for a price per share of Common Shares equal to the Put Price Per Share (as defined herein).

• If PriceSmart, at any time prior to the termination of this Agreement, shall split, subdivide or combine the securities as to which Put Rights exist, the Put Price Per Share shall be proportionately decreased in the case of a split or subdivision or proportionately increased in the case of a combination or reverse stock split.

• The "Put Price Per Share", with respect to exercise of a particular Put Right, shall be defined as the arithmetic average of the closing sales prices of the common stock of the Company, as reported by the NASDAQ, for the twenty (20) trading days immediately prior to (but not including) the second business day before the Put Date applicable to such exercise of such Put Right in which such shares of common stock are traded.

• The "First Put Shares" shall be defined as that number of shares of common stock of the Company as determined by dividing five million dollars ($5,000,000) by the Put Price Per Share applicable to the exercise of the First Put Right, with any fractional share being rounded up to the next whole number.

• The "Second Put Shares" shall be defined as that number of shares of common stock of the Company as determined by dividing five million dollars ($5,000,000) by the Put Price Per Share applicable to the exercise of the Second Put Right, with any fractional share being rounded up to the next whole number.

More Definitions of Put Price Per Share

Put Price Per Share means an amount equal to the Trigger Price Per Share of the remaining unexercised portion of this Warrant on the Put Redemption Price Calculation Date.

Put Price Per Share means the greater of (i) the Tender Offer Price and (ii) the calculation determined by (1) multiplying the Company's EBITDA during the Calculation Months by six (6), (2) subtracting therefrom the Net Funded Debt and (3) dividing such difference by the number of shares of Common Stock outstanding at the time of the exercise of the put right pursuant to Section 3.5 hereof determined on a fully-diluted basis. Notwithstanding the foregoing, in the event that the EBITDA for the Calculation Months exceeds 150% of the EBITDA for the twelve (12) full calendar months immediately preceding the Calculation Months, then the EBITDA amount to be used in the calculation in the preceding sentence shall equal the sum of (i) 150% of the EBITDA for the twelve (12) full calendar months immediately preceding the Calculation Months and (ii) one-half of the amount that the EBITDA for the Calculation Months exceeds 150% of the EBITDA for the twelve (12) full calendar months immediately preceding the Calculation Months, provided, however, that if the Put Price Per Share is ----------------- calculated using this sentence and the EBITDA for the twelve (12) full calendar months immediately following the Calculation Months is equal to or greater than the EBITDA for the Calculation Months, the Put Price Per Share shall be recalculated on the basis of the EBITDA for the Calculation Months and such recalculation shall constitute a post-closing adjustment to the Put Price Per Share.

Put Price Per Share means the amount in Local Currency that is equal to the Current Market Price per IFC Share, as converted, if applicable, from Dollars at the Exchange Rate in effect on the last trading day used to calculate such Current Market Price per IFC Share; provided that solely in the case of a Put Trigger Event arising from the exercise of the "Breach Call Option" under the Itaú Corp Group Shareholders Agreement (an "Itaú SHA Breach Change of Control"), the Put Price Per Share shall be equal to the sum of the aggregate price per Company share plus any other compensation directly or indirectly in respect of such Company shares purchased in the related Breach Call Option received by the Itaú Parties, on a per share basis; provided, further that if the Itaú Parties have no knowledge of a Change of Control and therefore are unable to provide notice to the IFC Parties at least sixty (60) days in advance of such Change of Control (an "Unexpected Change of Control"), the Put Price Per Share shall be equal to the lowest of (i) the Current Market Price per IFC Share in Local Currency (as converted, if applicable from Dollars at the Exchange Rate in effect on the last trading day used to calculate such Current Market Price), and (ii) the amount in Local Currency equal to 105% of the closing price of the shares of the Company on the Relevant Market on the trading day immediately preceding the date on which the Put Notice is delivered by the IFC Parties to the Itaú Parties during the applicable Put Exercise Period (as converted, if applicable, from Dollars at the Exchange Rate in effect on such trading day);

Put Price Per Share means the fair market value of the Subscription Shares as determined by the Expert in accordance with the terms of this Agreement;

Put Price Per Share shall be defined as 10% discount of the arithmetic average of the closing sales prices of one share of CBI Common Stock, as reported by the NASDAQ Capital Market, for the fifty (50) consecutive trading days immediately prior to (but not including) the second business day before the Put Date. If there are any days on which the NASDAQ Capital Market is open but CBI Common Stock does not trade, such days shall be omitted from the calculation and additional days shall be added to the time period as necessary to establish a 50-trading day average price. The number of the ordinary shares of VPL to be issued to CBI as partial consideration will be determined by dividing one half of the consideration for the Put Shares by 90% of the arithmetic average of the closing prices of the one share of VPL as published in the Daily Quotation Sheets published by The Stock Exchange of Hong Kong Limited for the fifty (50) consecutive trading days immediately prior to (but not including) the second business day before the Put Date, subject to the rules of the HK Stock Exchange. To the extent that CBI Common Stock is not then listed on the Nasdaq Capital Market or VPL’s ordinary shares are not then listed on the HK Stock Exchange, the Parties agree to mutually determine the Put Price Per Share.

Put Price Per Share shall be defined as the lesser of (a) the arithmetic average of the closing sales prices of the Common Stock of the Company as reported by The Nasdaq National Market for the twenty (20) consecutive days on which the Common Stock is traded prior to and including the Put Notification Date, or (b) $7.00. The Put Price Per Share shall be appropriately adjusted to reflect any stock dividend, stock split, recapitalization or similar corporate action.

Put Price Per Share means an amount equal to the Fair Market Value Per Share determined as of the date of the Company's receipt of the Put Notice (and if such date is not a Business Day, then as of the immediately preceding Business Day).