Definition of Current Market Price. For purposes of this Section 8, the term "Current Market Price" shall mean, on any date specified herein, (i) if the Common Stock is listed on any national securities exchange or the Nasdaq National Market, the average of the last reported sales price (or the average of the quoted closing bid and asked prices if there shall have been no sales) of the Common Stock on such exchange or the Nasdaq National Market (as the case may be) for a period of 20 trading days prior to such date, or (ii) if the Common Stock is not so listed, on the basis of the average of the mean of the last quoted bid and asked prices for the Common Stock for each day in the 20 trading day period prior to such date, as reported by Nasdaq, or its successor, or (iii) if the Common Stock is not so listed and if there are no such closing bid and asked prices, on the basis of the fair market value per share as reasonably determined in good faith by the Board of Directors of the Company, but not less than the book value thereof as of the most recent fiscal year of the Company.
Definition of Current Market Price. (i) For the purpose of any computation hereunder other than computations made pursuant to Section 11(a)(iii) hereof, the "CURRENT MARKET PRICE" per share of Common Stock on any date shall be deemed to be the average of the daily closing prices per share of such Common Stock for the thirty (30) consecutive Trading Days immediately prior to such date, and for purposes of computations made pursuant to Section 11(a)(iii) hereof, the Current Market Price per share of Common Stock on any date shall be deemed to be the average of the daily closing prices per share of such Common Stock for the ten (10) consecutive Trading Days immediately following such date; PROVIDED, HOWEVER, that in the event that the Current Market Price per share of Common Stock is determined during a period following the announcement by the issuer of such Common Stock of (A) a dividend or distribution on such Common Stock payable in shares of such Common Stock or securities convertible into shares of such Common Stock (other than the Rights), or (B) any subdivision, combination or reclassification of such Common Stock, and the ex-dividend or ex- distribution date for such dividend or distribution, or the record date for such subdivision, combination or reclassification shall not have occurred prior to the commencement of the requisite thirty (30) Trading Day or ten (10) Trading Day period, as set forth above, then, and in each such case, the Current Market Price shall be properly adjusted to reflect the current market per share equivalent. The closing price for each day shall be the last sale price, regular way, or, in case no such sale takes place on such day, 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 of Common Stock 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 of Common Stock are listed or admitted to trading or, if the shares of Common Stock are not listed or admitted to trading on any national securities exchange, the last sale price, regular way, or, if such last sale price is not reported, the average of the high bid and low asked prices in the over-the-counter market, as reported by N...
Definition of Current Market Price. For the purpose of any computation under this Warrant certificate, the “Current Market Price” at any date, means the weighted average price per share at which the Common Shares have traded:
Definition of Current Market Price. For the purpose of any computation under this Warrant certificate, the "Current Market Price" at any date shall be the weighted average price per share for Common Shares for the 20 consecutive trading days before such date on the Vancouver Stock Exchange in the Common Shares (or, if the Common Shares are not listed on such stock exchange, on such other stock exchange on which the Common Shares are listed as may be selected for such purpose by the directors of the Corporation or, if the Common Shares are not listed on any stock exchange, then on the over-the-counter market). The weighted average price shall be determined by dividing the aggregate sale price of all such shares sold on the said exchange or market during the said 20 consecutive trading days by the total number of such shares so sold.
Definition of Current Market Price. For the purpose of any computation hereunder, the "current market price" shall mean (1) if the Common Stock is listed on one or more stock exchanges or is quoted on the NASDAQ National Market (the "National Market"), the average of the closing sales prices of a share of Common Stock on the primary national or regional stock exchange on which such shares are listed or on the National Market if quoted thereon or (2) if the Common Stock is not so listed or quoted but is traded in the over-the-counter market (other than the National Market), the average of the closing bid and asked prices of a share of Common Stock, in the case of clauses (1) and (2), for the 30 trading days (or such lesser number of trading days as the Common Stock shall have been so listed, quoted or traded) next preceding the date of measurement; PROVIDED, HOWEVER, that if no such sale prices or bid and asked prices have been quoted during the preceding 30-day period, "current market price" means the value as determined reasonably and in good faith by the Board of Directors of the Company; and PROVIDED, FURTHER, however, that in the event the current market price of a share of Common Stock is determined during a period following the announcement by the Company of (i) a dividend or distribution on the Common Stock payable in shares of Common Stock or Convertible Securities, (ii) a dividend of the type referred to in subsection (d) of this Section 11, or (iii) any subdivision, combination or reclassification of the Common Stock, and prior to the expiration of 30 trading days after the ex-dividend date for such dividend or distribution, or the record date for such subdivision, combination or reclassification, then, and in each such case, the "current market price" shall be appropriately adjusted to take into account ex-dividend trading.
Definition of Current Market Price. For the purpose of any ---------------------------------- computation under this Warrant, the "Current Market Price" at any date shall mean (i) the average closing bid price for a share on the Nasdaq National Market ("Nasdaq") as reported by Nasdaq or (ii) if the shares are not then listed on Nasdaq, the average closing price for at least one board lot sale of the Shares on The Toronto Stock Exchange, in each case for the 30 consecutive trading days commencing 45 trading days before the date for determining the Current Market Price.
