Examples of Closing Date Share Price in a sentence
In the event the Closing Date Share Price exceeds $24.75 (the Current Market Price ($21.25) plus $3.50 per share) (the "Ceiling Share Price") the ATC Stock Consideration shall be decreased by a number of shares of ATC Common Stock determined as follows: (i) Divide the ATC Stock Consideration by the Ceiling Share Price; (ii) Divide the ATC Stock Consideration by the Closing Date Share Price; and (iii) Subtract the amount determined under paragraph (ii) from the amount determined under paragraph (i).
The "Share Consideration Ratio" shall be the quotient computed by dividing (A) the product of (y) the Aggregate Share Number and (z) the Closing Date Share Price, by (B) the Aggregate Consideration Amount.
The "Aggregate Consideration Amount" shall be the sum of (A) the product of (y) the Aggregate Share Number and (z) the Closing Date Share Price, plus (B) the Aggregate Cash Component.
The department may adopt rules that are necessary to administer the statewide WIC program.
Market value shall correspond to the average daily closing price (without regard to volume) of one share of the Echlin Shares on the NYSE for the five (5) consecutive trading days ending six (6) trading days immediately prior to the Closing Date (the "Closing Date Share Price").
Such Shareholder has read this Agreement, including Section 2.7, and fully understands the tax consequences arising thereunder, including that, if the Closing Date Share Price is less than 90% of the Share Price, the transactions contemplated by this Agreement will be fully taxable to such Shareholder.
The "Closing Date Share Price" shall be the average of the closing sale prices of Parent Common Stock as reported on the Nasdaq National Market over the 10-day period ending three business days prior to the Closing Date.
The Purchase Price shall thus correspond to the number of Echlin Shares resulting from the division of US$17,500,000.00 (Seventeen Million Five Hundred Thousand Dollars of the United States of America) by the Closing Date Share Price.
The "Series B Liquidation Preference Shares" shall be that number of shares (rounded down to the nearest whole number) of Parent Common Stock equal to the quotient computed by dividing (A) the product of (y) the Series B Liquidation Preference and (z) the Share Consideration Ratio, by (B) the Closing Date Share Price.