Common use of Share Value Clause in Contracts

Share Value. The number of shares of IHS Stock issued pursuant to Section 2.1 has been calculated based upon a price per share of such stock equal to the average closing NYSE price of such stock for the thirty (30) trading day period immediately preceding the Closing Date, and certificates representing such shares of IHS Stock shall be delivered to Seller within three (3) business days of the date hereof. The parties agree that such per share price is $31.98.

Appears in 1 contract

Sources: Limited Partnership Interest Purchase Agreement (Integrated Health Services Inc)

Share Value. The number of shares of IHS Stock issued issuable to Tenant pursuant to this Section 2.1 has been calculated 11.1 shall be valued based upon a price per share of such stock equal to the average closing NYSE price of such stock for the thirty fifteen (3015) trading day period immediately preceding the Closing date which is two (2) trading days before the Commencement Date, and certificates representing such shares of IHS Stock shall be delivered to Seller within three (3) business days of the date hereof. The parties agree that such per share price is $31.98.

Appears in 1 contract

Sources: Management Agreement (Integrated Health Services Inc)