ATS Share Value definition
ATS Share Value means the average closing price per share of ATS common stock for the fifteen trading days immediately preceding but not including the Closing Date.
ATS Share Value means the price per share as of the close of market on the business day immediately prior to the Effective Date.
Examples of ATS Share Value in a sentence
Each share of NSS Convertible Preferred A Stock issued and outstanding immediately prior to the Effective Time shall be converted at the Effective Time into the right to receive an amount of cash, ATS Merger Consideration Shares (valued at the ATS Share Value) and Promissory Notes, in the proportions reflected on Exhibit A, equal to the Series A Amount Per Share.
Each share of the NSS Convertible Preferred B Stock issued and outstanding immediately prior to the Effective Time shall be converted at the Effective Time into the right to receive an amount of cash, ATS Merger Consideration Shares (valued at the ATS Share Value) and Promissory Notes, in the proportions reflected on Exhibit A, equal to the Series B Amount Per Share.