Average Trading Price definition
Examples of Average Trading Price in a sentence
Solely for purposes of this subsection 7.4.2, the “Fair Market Value” shall mean 10-Day Average Trading Price as of the date on which the notice of exercise is received by the Warrant Agent.
The number of Common Shares to be issued by the Corporation on the Maturity Date, in satisfaction of its obligations under this Section 6.10 shall be equal to the quotient resulting from dividing the Principal Sum to be satisfied by the issuance of Common Shares by 95% of the Twenty Day Weighted Average Trading Price for the period ending on the fifth Trading Day immediately prior to the Maturity Date.
Solely for purposes of this Section 7.4.2, the “Fair Market Value” shall mean 10-Day Average Trading Price as of the date on which the notice of exercise is received by the Warrant Agent.
The options shall be exercisable at an amount per share equal to the Average Trading Price and shall vest in five equal annual installments beginning one year from the Effective Date.
The applicable taxes required to be withheld from the Option Consideration shall reduce first the Cash Merger Consideration portion of the Option Consideration with any remaining amount reducing the Stock Merger Consideration portion of the Option Consideration, with the value of the stock portion for purposes of such deduction determined based on the Parent Average Trading Price.