Benchmarked Price definition
Benchmarked Price means the higher of:
Benchmarked Price means the price which is 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.
Examples of Benchmarked Price in a sentence
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 a price calculated in accordance with
Benchmarked Price means the higher of (1) the closing price for Hong Kong Shares and/or RMB Shares (as the case may be) 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 (2) the average closing price for Hong Kong Shares and/or RMB Shares (as the case may be) 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;
Benchmarked Price means the price being the higher of:
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.