Average Daily Price definition

Average Daily Price shall be the price based on the VWAP of the Company on the Principal Market.

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Average Daily Price means the average of the high and low sales price of a share of the Maker's common stock as reported by the Principal Market.

Average Daily Price shall be the price based on the VWAP of the Company on the Nasdaq SmallCap Market or, if the Nasdaq SmallCap Market is not the Principal Market, on the Principal Market.

Examples of Average Daily Price in a sentence

The price per share paid by the Purchaser shall be based on the Average Daily Price on each separate Trading Day during the Draw Down Pricing Period.
If the Average Daily Price on any day within the Draw Down Pricing Period is less than the Threshold Price, the Company shall not sell and the Purchaser shall not be obligated to purchase the Shares otherwise to be purchased for such day.
In connection with each Draw Down Pricing Period, the Company may set an Average Daily Price below which the Company will not sell any Shares (the "Threshold Price").
The Purchase Price shall be based on the Average Daily Price on each separate Trading Day during the Valuation Period.
The Term Warrant shall have an exercise price equal to 115% of the Average Daily Price on the Warrant Date and a term from its date of issuance of three (3) years.

More Definitions of Average Daily Price

Average Daily Price means, with respect to a Trading Day, the daily volume weighted average trading price (the total dollar amount traded on that day divided by trading volume for that day) of the Common Stock on that Trading Day and for the regular Trading Day session as reported at 4:15 P.M., Eastern time, by Bloomberg, LP function key HP by using W to calculate the daily weighted average, or such other price as may be determined by an alternative methodology agreed upon from time to time by the Corporation and the holders of a majority of the outstanding shares of Series D-1 Preferred Stock and the holders of a majority of the outstanding shares of Series D-2 Preferred Stock.

Average Daily Price means the daily volume weighted average price per share of Golden State Common Stock on the NYSE (as reported by Bloomberg Financial Services or, if not reported therein, in another mutually agreed upon authoritative source) for 15 randomly selected days during the 30 consecutive NYSE trading days ending on the third business day prior to the Closing Date. The random selection shall be made in a manner reasonably acceptable to both Golden State and Parent Holdings.

Average Daily Price shall be the price based on the VWAP of the Company on the OTC Bulletin Board or, if the OTC Bulletin Board is not the Principal Market, on the Principal Market.

Average Daily Price means the average of the closing sale prices of one share of Acquiror Common Stock as reported on the NASDAQ/NMS for the 20 consecutive full trading days (in which such shares are traded on the NASDAQ/NMS) ending on the close of trading on the NASDAQ/NMS trading day immediately preceding the Condition Date.

Average Daily Price shall be the price based on the VWAP of Xybernaut on the relevant market or exchange.

Average Daily Price shall be the average of the VWAP of the Company' s Common Stock on the Principal Market during the applicable Settlement Period.

Average Daily Price means the average of the closing bid and ask, as applicable on a given day on the Nasdaq Stock Market, or if the Common Stock does not trade on the Nasdaq Stock Market, on the primary exchange or market (including the OTC Bulletin Board) on which the Common Stock so trades. Seller shall provide wire transfer instructions to Purchaser not less than twenty-four (24) hours prior to the Closing. All payments hereunder shall be made in U.S. dollars by wire transfer or other immediately available funds, and all currency amounts referred to throughout this Agreement are to U.S. dollars.