Examples of Average Market Price in a sentence
In lieu of any fractional Share to which the Warrantholder would otherwise be entitled, the Warrantholder shall be entitled to receive a cash payment equal to the Average Market Price of the Common Stock determined as of the Exercise Date multiplied by such fraction of a share, less the pro-rated Exercise Price for such fractional share.
Concurrently, we will pursue additional needed partnerships with clinical and social services providers, and meet with other health systems to clarify ways that the future Shattuck continuum can complement and integrate with their existing resources, Our project management team will collaborate with existing providers and new potential partners to determine their ideal roles in the project and assess their financial/startup needs.
These additional shares are issued from treasury (or purchased in the open market) at a discount, in the case of treasury issuances, of up to 5% of the Average Market Price, as defined under the DRIP, of the common shares as of the dividend payment date.
The Average Market Price must be calculated by the Company or another suitable person nominated by the Company, by reference to information the Company approves for that purpose from time to time.
For purposes of determining the number of shares of Common Stock to be issued pursuant to this paragraph (6)(a), the price per share of Common Stock shall be the 25-Day Average Market Price.