Benchmarked Price definition

Benchmarked Price means the higher of:
Benchmarked Price means the higher of (a) the closing price on the date of the relevant placing agreement or other agreement involving the proposed issue of securities under the general mandate to be approved under this resolution; and (b) the average closing price in the 5 trading days immediately prior to the earlier of: (i) the date of announcement of the placing or the proposed transaction or arrangement involving the proposed issue of securities under the general mandate to be approved under this resolution; (ii) the date of the placing agreement or other agreement involving the proposed issue of securities under the general mandate to be approved under this resolution; and (iii) the date on which the placing or subscription price is fixed.
Benchmarked Price means the price which is the higher of:

Examples of Benchmarked Price in a sentence

  • In addition, any shares to be issued under the Share Issue Mandate shall not be issued at a discount of more than 10% to the Benchmarked Price (below the 20% limit permitted under the Listing Rules).

  • Nonetheless, given that the Theoretical Diluted Price of HK$0.688 is the same as the Benchmarked Price of HK$0.688 instead of a discount, the Rights Issue would not result in theoretical dilution effect (as defined under Rule 7.27B of the Listing Rules) in terms of value of Shares held by the Qualifying Shareholders who elect not to take up their respective entitlements in full.

  • Where insufficient quotes can be obtained, a Benchmarked Price (i.e. the cost of supply to another NHS Trust adjusted to reflect the pricing assumptions outlined above) may be submitted or a Price based on fewer than 3 quotations.

  • However,as the Placing Price represents a discount of 20% or more to the Benchmarked Price of the Shares, the Placing Shares will not be issued under the Existing General Mandate, but the Company will seek the grant of a Special Mandate (which is in addition to, and will not prejudice nor revoke the Existing General Mandate) to allot and issue the Placing Shares at the EGM to be convened and held by the Company.

  • Th e redemptio n pric e (“ Redemptio n Price ”) for each Preference Share so redeemed shall be the higher price of either (a) the Issuer Price or (b) the price equivalent to 10% discount of the Benchmarked Price for the Ordinary Shares on the date of the Redemption Notice.

  • Any additional Ordinary Shares to be issued or allotted pursuant to this mandate shall not be at a discount of more than 10% to the Benchmarked Price as detailed in the proxy statement.

  • For the avoidance of doubt, if the Revised Benchmarked Price is lower than the Benchmarked Price, the Benchmarked Price shall continue to apply.


More Definitions of Benchmarked Price

Benchmarked Price means the higher of: (a) the closing price on the date of the relevant placing agreement or other agreement involving the proposed issue of securities under the Share Issue Mandate; and (b) the average closing price in the 5 trading days immediately prior to the earlier of: (i) the date of announcement of the placing or the proposed transaction or arrangement involving the proposed issue of securities under the Share Issue Mandate; (ii) the date of the placing agreement or other agreement involving the proposed issue of securities under the Share Issue Mandate; and (iii) the date on which the placing or subscription price is fixed; and (f) the authority conferred by this resolution shall be additional to any other authorities granted to the Directors at any time to allot and issue additional Shares.” 6. As special business to consider and, if thought fit, pass with or without amendments, the following resolution as an ordinary resolution:
Benchmarked Price means a price calculated in accordance with
Benchmarked Price means a price demonstrated to the reasonable satisfaction of the Authority to be arrived at on the basis of an objective and like for like comparison by comparing the quality and price of the Works or Services in question, and the quality and price of equivalent works or services by reputable organisations possessing the appropriate expertise;
Benchmarked Price means a price demonstrated to the reasonable satisfaction of the Authority to be arrived at on the basis of an objective and like for like comparison by comparing the quality and price of the Works or Services in question, and the quality and price of equivalent works or services by reputable organisations possessing the appropriate expertise; “Bid Date” means 7 October 2009;
Benchmarked Price is defined in Section 8.7.3(b)(2) of this Agreement.
Benchmarked Price means a price calculated in accordance with■ CONC 5B.2.2R, ■ CONC 5B.2.4R or ■ CONC 5B.2.8R;

Related to Benchmarked Price

  • Fixed Price means the fixed prices for ancillary Services as may be agreed by the Parties and set out in the SOW; FOIA means the Freedom of Information Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner or relevant government department in relation to such legislation;

  • Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services

  • Quoted Price means, with respect to each Loan Asset as of any date, the net value (expressed as a percentage of the Outstanding Principal Balance) of such Loan Asset quoted by a Nationally Recognized Valuation Firm selected by the Agent and valuing such Loan Asset.

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Lowest Submitted Price means the lowest price quoted in a bid, which is otherwise not substantially responsive;

  • Approved Price means the "fair value" as determined by the Trust in accordance with the valuation procedures adopted from time to time by the Board of Trustees of the Trust and for which the Trust receives a marked-to-market price (which, for the purpose of clarity, shall not mean Market Value) from an independent source at least semi-annually.

  • Shadow Price means the marginal value of relieving a particular constraint which is determined by the reduction in system cost that would result from an incremental relaxation of that constraint.

  • Catalog price means a price included in a catalog, price list, schedule, or other form that is regularly maintained by the manufacturer or vendor, is either published or otherwise available for inspection by customers, and states prices at which sales are currently, or were last, made to a significant number of buyers constituting the general public; and

  • Specified Price has the meaning given in clause 3.3(b)(ii);

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;

  • Adjusted Price means the purchase price(s) for Energy referenced in Section 5.1 if the RECs fail to satisfy the RPS as an Environmental Attribute associated with the specified MWh of generation from a RPS Class I Renewable Generation Unit and Buyer does not purchase the RECs pursuant to Section 4.1(b) hereof.

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

  • Index Price on a given date shall mean the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies composing the Index Group.

  • Posted price means the wholesale price of liquor for sale to persons who hold liquor licenses

  • Average Market Price means, with respect to any security, the arithmetic average of the Market Price of such security for the 15 consecutive trading day period ending on and including the trading day immediately preceding the determination date.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Reference Market Price shall initially mean $30.14, and in the event of any adjustment to the conversion price pursuant to subsection (a), (b) or (c) of Section 15.05, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the conversion price after giving effect to any such adjustment shall always be the same as the ratio of $30.14 to the conversion price specified in the form of Debenture hereinabove set forth (without regard to any adjustment thereto).

  • Established catalog price means the price included in a catalog, price list, schedule, or other form that:

  • Day-ahead Prices means the Locational Marginal Prices resulting from the Day-ahead Energy Market.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Daily Market Price means the price of a share of Common Stock on the relevant date, determined (a) on the basis of the last reported sale price regular way of the Common Stock as reported on the Nasdaq Stock Market's National Market (the "NNM"), or if the Common Stock is not then listed on the NNM, as reported on such national securities exchange upon which the Common Stock is listed, or (b) if there is no such reported sale on the day in question, on the basis of the average of the closing bid and asked quotations regular way as so reported, or (c) if the Common Stock is not listed on the NNM or on any national securities exchange, on the basis of the average of the high bid and low asked quotations regular way on the day in question in the over-the-counter market as reported by the National Association of Securities Dealers Automated Quotation System, or if not so quoted, as reported by National Quotation Bureau, Incorporated, or a similar organization.

  • Reset Price means the price of the relevant Underlying Reference determined by the Calculation Agent by reference to the price obtained by unwinding any underlying related hedging arrangements in respect of the relevant Security during the Unwinding Time Period immediately following the relevant Reset Event Determination Time ;

  • Established catalogue price means the price included in a catalogue, price list, schedule, or other form that:

  • Lowest price means the least possible amount that meets all requirements of the request of a purchasing agent.