Aggregate Stock Value definition
Aggregate Stock Value means $16,750,000.
Aggregate Stock Value for purposes herein, shall mean the aggregate cash consideration (net of any Brokerage Expenses) that the Stockholders receive for the sale of any or all of the Stock Consideration (including any Non-Complying Directed Stock) during the Valuation Period plus the value, as of the Second Anniversary Date, of any portion of the Stock Consideration (including any Non-Complying Directed Stock) that is still owned by the Stockholders on the Second Anniversary Date) is less than the Monetary Consideration Value (such deficiency between the Aggregate Stock Value and the Monetary Consideration Value is hereinafter referred to as the "Second Anniversary Deficiency Amount"), then SAG shall compensate the Stockholders for the Second Anniversary Deficiency Amount. SAG, at its sole option, may select one of the following methods of compensating the Stockholders for the Second Anniversary Deficiency Amount:
Aggregate Stock Value shall have the meaning set forth in Section 1.3(a)(1 hereof. Agreement shall have the meaning set forth in the first paragraph of this Agreement.
Examples of Aggregate Stock Value in a sentence
As soon as reasonably practicable following the time (a) the Commissioner grants the CSL Permit, (b) the Registration Statement is declared effective by the SEC or (c) Parent elects to pay the Aggregate Stock Value in cash in lieu of issuing the Stock Consideration pursuant to Section 8.02(b) the Company shall use commercially reasonable efforts to obtain the Company Stockholder Approval, either at a meeting of the Stockholders or pursuant to a written stockholder consent.
More Definitions of Aggregate Stock Value
Aggregate Stock Value means the monetary amount equal to the product of (a) the Aggregate Buyer Share Amount and the Average Closing Price.
Aggregate Stock Value means the product obtained by multiplying (a) the Base Stock Amount by (b) the Average Purchaser Closing Price.