Closing Market Price. For purposes of this Agreement, the "Closing Market Price" shall be the average of the per share closing price for Fulton Common Stock, calculated to two decimal places, for the ten (10) consecutive trading days immediately preceding the date which is two (2) business days before the Effective Date (as such term is defined in Section 9.2 herein), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System ("NASDAQ"), the foregoing period of ten (10) trading days being hereinafter sometimes referred to as the "Price Determination Period." (For example, if July 1, 2003 were to be the Effective Date, then the Price Determination Period would be June 13, 16, 17, 18, 19, 20, 23, 24, 25 and 26, 2003). In the event that NASDAQ shall fail to report a closing price for Fulton Common Stock for any trading day during the Price Determination Period, the closing price for that day shall be equal to the average of the closing bid and asked prices as quoted: (i) by X. X. Xxxxxxxxx & Company, Inc. and by Xxxx, Xxxx & Co.; or (ii) in the event that both of these firms are not then making a market in Fulton Common Stock, by two brokerage firms then making a market in Fulton Common Stock to be selected by Fulton and approved by Premier.
Closing Market Price. 3.1 Co-Bank Commitment Letter.............................
Closing Market Price. 3 Section 2.2. Exchange of Stock Certificates........................................................................... 3 (a)
Closing Market Price. For purposes of this Agreement, the “Closing Market Price” shall be the average of the per share closing bid and asked prices for Xxxxxx Common Stock, calculated to two decimal places, for the ten (10) consecutive trading days immediately preceding the date which is two (2) business days before the Effective Date (as such term is defined in Section 9.2 herein), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System (“NASDAQ”), the foregoing period of ten (10) trading days being hereinafter sometimes referred to as the “Price Determination Period” (For example, if January 15, 2006 were to be the Effective Date, then the Price Determination Period would be December 29-30, 2005 and January 2-6 and January 9-11, 2006). In the event that NASDAQ shall fail to report closing bid and asked prices for Xxxxxx Common Stock for any trading day during the Price Determination Period, the closing bid and asked prices for that day shall be equal to the average of the closing bid and asked prices as quoted: (i) by X. X. Xxxxxxxxx & Company, Inc. and by Xxxx, Xxxx & Co.; or (ii) in the event that both of these firms are not then making a market in Xxxxxx Common Stock, by two brokerage firms then making a market in Xxxxxx Common Stock to be selected by Fulton and approved by Columbia.
Closing Market Price. For purposes of this Agreement, the -------------------- Closing Market Price shall be the average of the per share closing bid and asked prices for FFC Common Stock, calculated to two decimal places, for the ten (10) consecutive trading days during the twenty (20) trading days immediately preceding the date which is two (2) business days before the Effective Date (as such term is defined in Section 9.2 herein), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System ("NASDAQ") resulting in the lowest average, the foregoing period of twenty (20) trading days being hereinafter sometimes referred to as the "Price Determination Period" (For example, if September 30, 2000 were to be the Effective Date, then the Price Determination Period would be August 31, 2000 and September 1, 2, 5, 6, 7, 8, 11, 12, 13, 14, 15, 18, 19, 20, 21, 22, 25, 26 and 27, 2000). In the event that NASDAQ shall fail to report closing bid and asked prices for FFC Common Stock for any trading day during the Price Determination Period, the closing bid and asked prices for that day shall be equal to the average of the closing bid and asked prices as quoted: (i) by X. X. Xxxxxxxxx & Company, Inc. and by Xxxx, Xxxx & Co.; or (ii) in the event that both of these firms are not then making a market in FFC Common Stock, by two brokerage firms then making a market in FFC Common Stock to be selected by FFC and approved by SFC.
Closing Market Price. For purposes of this Agreement, the Closing Market Price shall be the arithmetic average of the average of the per share closing bid and asked reported prices for Sun Common Stock for the fifteen (15) trading days immediately preceding the date of receipt of the last required regulatory approval for the transactions contemplated by this Agreement, the Bank Merger Agreement and the Stock Investment Agreement from the Pennsylvania Department of Banking, the Federal Deposit Insurance Corporation, and the Board of Governors of the Federal Reserve System ("Approval Date"), as reported on the National Market System of the National Association of Securities Dealers Automated Quotation System (NASDAQ/NMS), the foregoing fifteen (15) trading days being hereinafter sometimes referred to as the "Price Determination Period." (For example, if March 3, 1997 is the Approval Date, the Price Determination Period, would be February 7, 10, 11, 12, 13, 14, 18, 19, 20, 21, 22, 25, 26, 27 and 28, 1997). In the event that NASDAQ/NMS shall fail to report closing bid and asked prices for Sun Common Stock for any trading day during the Price Determination Period, then the closing bid and asked reported prices for that day shall be equal to the arithmetic average of the closing bid and asked quoted prices as reported: (i) by Janney Montgomery Scott, Inc. xxx xy X. X. Xxxxxxxxx & Co., Inc.; xx, xx xxx xxxxt that neither of these firms is then making a market in Sun Common Stock, (ii) by two brokerage firms then making a market in Sun Common Stock to be selected by Sun and approved by FNB. The Maximum Market Price (which is subject to adjustment under Section 2.1(b) of this Article II) is Forty Dollars ($40.00) per share. As provided in Section 8.2(g) of this Agreement, the obligations of Sun and Sun Bank to consummate this Agreement is subject to the condition that the Closing Market Price not be more than the Maximum Market Price. The Minimum Market Price (which is subject to adjustment under Section 2.1(b) of this Article II) is Twenty-Eight Dollars and Forty-Four Cents ($28.44) per share. As provided in Section 8.3(d) of this Agreement, the obligations of FNB and Bucktail Bank to consummate this Agreement is subject to the condition that the Closing Market Price not be less than the Minimum Market Price.
Closing Market Price. For purposes of this Agreement, the Closing Market -------------------- Price shall be the arithmetic average of the per share closing prices for MP Corp. Common Stock for the twenty (20) trading days immediately preceding the date which is five (5) business days before the Effective Date, as reported on the American Stock Exchange ("AMEX"), the foregoing twenty (20) trading days being hereinafter sometimes referred to as the "Price Determination Period". (For example, if January 30, 1998 were to be the Effective Date, then the Price Determination Period would be January 22, 21, 20, 16, 15, 14, 13, 12, 9, 8, 7, 6, 5, 2, December 31, 30, 29, 26, 24, 23.) In the event that AMEX shall fail to report a closing price for MP Corp. Common Stock for any trading day during the Price Determination Period, then the closing price for that day shall be equal to the average of the closing bid price and the closing asked price as quoted on AMEX for that day. In the event that AMEX shall fail to report a closing price, closing bid price and closing asked price, respectively, for MP Corp. Common Stock for any trading day during the Price Determination Period, then the closing price for that day shall be equal to the average of the closing bid prices and the closing asked prices as quoted: (i) by _________________________ and by _____________________________; or, in the event that neither of these firms is then making a market in MP Corp. Common Stock, (ii) by two brokerage firms then making a market in MP Corp. Common Stock to be selected by MP Corp. and approved by Miners.
Closing Market Price. For purposes of this Agreement, the “Closing Market Price” shall be the average of the closing prices for C&N Common Stock, calculated to two (2) decimal places, for the ten (10) consecutive trading days immediately preceding the date which is five (5) business days before the Effective Date (the “Price Determination Period”), as reported by the Market. For example, if April 1, 2019 were to be the Effective Date, then the Price Determination Period would be March 11-15 and18-22, 2019. In the event that there is no trading activity for C&N Common Stock on the Market on a day during the Price Determination Period, the Closing Market Price shall be based on the days during the Price Determination Period during which there is trading activity.
Closing Market Price. For purposes of this Agreement, the “Closing Market Price” shall be the average of the per share closing bid and asked prices for Parent Common Stock, calculated to two decimal places, for the ten (10) consecutive trading days immediately preceding the date which is two (2) business days before the Effective Time, as reported on the New York Stock Exchange (the “Exchange”), the foregoing period of ten (10) trading days being hereinafter sometimes referred to as the “Closing Price Determination Period”.
Closing Market Price. 1.2(a) Company..................................................
