Adjusted Offer Price definition

Adjusted Offer Price means the Offer Price being adjusted as following: in the event that the Company (i) issues cash dividend, or (ii) changes the number of Shares issued and outstanding as a result of a stock split, stock dividend, recapitalization, subdivision, reclassification, combination or similar transaction with respect to the outstanding Shares, and in each case the record date therefor shall be prior to the record date of the Merger, in the case of (i) above, the Offer Price reduced by the amount of cash dividend per share on a dollar-for-dollar-basis, and in the case of (ii) above, the Offer Price appropriately, equitably and proportionately adjusted in light of such stock split, stock dividend, recapitalization, subdivision, reclassification, combination or similar transaction.
Sample 1
Adjusted Offer Price. Has the meaning ascribed to it in Section 2.4 of the Letter to Shareholders in this Offer Document
Sample 1

Examples of Adjusted Offer Price in a sentence

  • One obvious reason that the question is a threshold issue is that any nonjudicial agreement respecting the Trust, including one resolving a dispute between the Trustee and any beneficiary, must be signed by all parties.

  • Unitholders should, however, note that the pursuant to the terms of the Offer as disclosed in Section 3.3 of this Letter, the Offeror will pay the Accepting Unitholder the Adjusted Offer Price in the event that any distribution is declared, paid or made by IPIT during the Offer and the settlement date of the Offer Units accepted by the Unitholder falls after the books closure date for the determination of entitlements to such distribution.

  • The Cash Adjusted Offer Price has been calculated as the Offer Price minus the total of cash and near cash equivalents (per section 4 above) divided by the number of Ordinary Shares in issue (per section 1 above).

  • In the event that the relevant Offer Shares are acquired by any one of the Joint Offerors after the Record Date, the declared dividend in respect of such Offer Shares will be the entitlement of the Shareholders whose names appear on the register of members of the Company on the Record Date, and the Offer Price after deducting the declared dividend, i.e. the Adjusted Offer Price of HK$1.42, will become the consideration for each Offer Share for such Shareholders.

  • Adjusted Offer Price”) and the Offeror shall pay the Accepting Shareholder the Adjusted Offer Price for each Share, as the Offeror will not receive the Distribution in respect of such Share from CHL.

  • Our actual charges and fees (in pounds and xxxxx) will be agreed with you before we carry out any work and we’ll explain your payment options too.

  • In addition, the Adjusted Offer Price represents a premium which falls within the range of those of the Privatisation Precedents, and represents an implied PE Ratio of E&E which falls within the range of PE ratios of the Comparables and above the average PE ratio of the Comparables, and an implied PB ratio that falls within the range of PB ratios of the Comparables and above the average PB ratio of the Comparables.

  • Accordingly, the Offer Price will be adjusted to $4.42 per share (the Adjusted Offer Price), being the Offer Price of $4.50 per share less the net dividend amount of $0.08 per share.

  • We note that the Adjusted Offer Price of US$2.29 is above the closing prices of the Shares for the 1-year period prior to and including the Last Trading Day.

  • The following table illustrates the actual amount payable to each Sponsor based on the Adjusted Offer Price of S$0.5048 and the final amount of Shareholders’ Loan they should be entitled to, based on their respective shareholding in the Offeror: Sponsor Notes:(1) The figures set out in the table above are rounded to the nearest whole number.(2) Any discrepancies in the figures shown are due to rounding.

Related to Adjusted Offer Price

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Offer Price has the meaning set forth in the Recitals.

  • Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • IPO Price means the initial public offering price of a REIT Share in the IPO.

  • Common Share Price means the volume weighted average closing price of the Common Stock (as reported by the Primary Exchange on which the Common Stock is then traded) for the ten (10) trading days immediately preceding the date on which the determination is made (or, if such price is not available, as determined in good faith by the Board of Directors).

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Per Share Price shall have the meaning set forth in Section 2.1.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Merger price per share means, in the case of a merger, consolidation, sale, exchange or other disposition of assets that results in a Change of Control or going private transaction (a “Merger”), the greater of (i) the fixed or formula price for the acquisition of shares of common stock occurring pursuant to the Merger, and (ii) the highest fair market value per share of common stock during the ninety-day period ending on the date of such Change of Control or going private transaction. Any securities or property which are part or all of the consideration paid for shares of common stock pursuant to the Merger shall be valued in determining the merger price per share at the higher of (A) the valuation placed on such securities or property by the Company, person or other entity which is a party with the Company to the Merger, or (B) the valuation placed on such securities or property by the Committee.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Adjusted Value as used in subdivision (d) means:

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Cash price means the price measured in dollars at which a seller of a motor vehicle would in good faith sell to the buyer or to any other buyer under like circumstances, and the buyer would in good faith buy from the seller, the motor vehicle that is the subject matter of an installment sale contract if the sale were a sale for cash instead of an installment sale.

  • Put Price has the meaning set forth in Section 8.05(a).

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Closing Market Price means the price at which the company’s security was last sold, on the applicable date,

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).