Average Price definition

Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the closing price of the shares of Substitute Common Stock on the day preceding such consolidation, merger or sale; provided that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by the person merging into Issuer or by any company which controls or is controlled by such person, as the Holder may elect.
Average Price means a price per Purchase Share (rounded to the nearest tenth of a cent) equal to the quotient obtained by dividing (i) the aggregate gross purchase price paid by the Investor for all Purchase Shares purchased pursuant to this Agreement, by (ii) the aggregate number of Purchase Shares issued pursuant to this Agreement.
Average Price means in relation to the Comparable Services provided by the Comparison Group, the mean average of prices for those Comparable Services as adjusted to produce Equivalent Rates Data over the previous twelve (12) Months period, or other period as agreed between the Contracting Body and the Supplier. (This "average price" shall be calculated by aggregating the prices derived from Equivalent Rates Data for each of the services and dividing the same by the number instances of Comparable Services);

Examples of Average Price in a sentence

  • This is currently based on the real-time 10-minute Settlement Interval Average Price (HASP/RT).

  • Owned and operated by NRT LLC.The Corcoran Report JUNE 2021 | BROOK LYN | CONDOS & CO-OPS June 2021: Inventory at a Nine-Month Low, Average Price per Square Foot Dips as Buyers Seek Value in the Co-op Market.

  • Table 2 Average Price Volatility of Coal and Crude Oil from 1971 to 2005 [After: Regnier] Energy derived from domestically produced crops exhibits moderate price stability.

  • Average Price of Rice at the Wholesale Level Source: BPS–Republic of Indonesia (2022b) Indonesia's readiness to reduce rice inflation creates a dilemmatic debate, whether the regulation will increase rice prices to benefit farmers and traders, or save the welfare of the population via a cheap rice policy.

  • Given the Subscription Price of HK$0.40 per Share falls within the Range and is close to the Average Price, which is considered to be more representative and reflects the historical share price of Mega Medical as most of the trading of the Shares was carried out in the 1st Half Trading Period, the Directors consider that the basis in determining of the Subscription Price of HK$0.40 is fair and reasonable.


More Definitions of Average Price

Average Price means the arithmetic mean of the closing price of one Unit, as derived from the Daily Quotation Sheet of the Stock Exchange, subject to any adjustment to such closing prices as may be necessary to reflect any event as contemplated in Product Condition 4 such as capitalisation, rights issue, distribution or the like in respect of each Valuation Date;
Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the closing price of the shares of Substitute Common Stock on the day preceding such consolidation, merger or sale; PROVIDED that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by the person merging into Issuer or by any company which controls or is controlled by such person, as Grantee may elect.
Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the last sale price of the shares of the Substitute Common Stock on the day preceding such consolidation, merger or sale; provided that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by Issuer, the person merging into Issuer or by any company which controls or is controlled by such merger person, as Grantee may elect.
Average Price on any date means the average Per Share Market Value for the five (5) Trading Days immediately preceding such date.
Average Price means the average closing price of a share of the Substitute Common Stock for the one-year period immediately preceding effectiveness of the consolidation, merger, share exchange or sale in question, but in no event higher than the closing price of the shares of the Substitute Common Stock on the day preceding the effectiveness of such consolidation, merger, share exchange or sale; provided, that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by Issuer, the person merging into Issuer or by any company which controls or is controlled by such merger person, as Grantee may elect.
Average Price means, as calculated by the Issuer, the average weighted price per Delivery Asset at which the Issuer (or its nominee) acquires or purchases, in connection with the Units, the Delivery Asset on the Trading Day immediately following the Maturity Date (or in the case of an Early Maturity, the Early Maturity Date), unless it is not possible to determine the price of the Delivery Asset at that time, in which case the Issuer may nominate another time or period of time to determine the average weighted price at which the Issuer (or its nominee) acquires or purchases, in connection with the Units, the Delivery Asset;
Average Price on any date means (x) the sum of the Per Share Market Value for the ten (10) Trading Days immediately preceding such date minus (y) the highest and lowest Per Share Market Value during the ten (10) Trading Days immediately preceding such date, divided by (z) eight (8).