Closing Price Adjustment definition

Closing Price Adjustment means an adjustment made by the Calculation Agent to an Underlying Equity Security's initial Closing Price due to the occurrence of a Market Disruption Event three Business Days prior to the Stated Maturity Date. A Closing Price Adjustment shall adjust such initial Closing Price, once such Market Disruption Event ceases to exist, to equal the Average Execution Price received upon the sale of that Underlying Equity Security.
Sample 1Sample 2Sample 3
Closing Price Adjustment has the meaning given in Section 1.2.
Sample 1Sample 2
Closing Price Adjustment means an amount equal to the sum of, which may be a positive or negative number, of (a) the Working Capital Adjustment, which may be a positive or negative number, plus (b) (i) the Target Financial Debt less (ii) the Closing Financial Debt, the result of which may be a positive or negative number, plus (C) (i) the Closing Cash Flow less(ii) the Target Cash Flow, the result of which may be a positive or negative number.
Sample 1

Examples of Closing Price Adjustment in a sentence

  • In the event that the Sellers disagree with the Closing Price Adjustment, or the Adjustment Amount, the Sellers may send a notice to the Buyer (the “ Notice of Contention”) during the Review Period, describing the points of contention, the basis for such disagreement and the amount proposed by the Sellers in that regard (hereafter, the “Points of Contention”).

  • The costs and fees for the work carried out by the Independent Auditor will be borne by both Parties in equal parts, unless the Independent Auditor’s determination differs by less than ten percent (10%) of the Closing Price Adjustment determined by the Buyer, in which case the costs and fees of the Independent Auditor will be borne by the Sellers.

  • Once the maximum term of thirty (30) days to decide the Points of Contention has elapsed, or once the Independent Auditor has concluded with the determination of the same and, consequently, determined the Closing Price Adjustment, the Independent Auditor shall send a report simultaneously to both Parties, notifying them of his decision, said decision being final and binding for the Parties, without the right to appeal or claim.

  • The Sellers will have thirty (30) days upon receipt of the report with the calculation of the Closing Price Adjustment and the Adjusted Amount for their review (the “ Review Period”).

  • If the Sellers do not deliver a Notice of Contention before the end of the Review Period, the Closing Price Adjustment will be considered accepted by the Sellers and will be final and binding on the Parties.

  • Notwithstanding the foregoing, within ten (10) days after the expiration of the Negotiation Period, the corresponding Party must pay the other the undisputed amounts of the Closing Price Adjustment.

  • Based on such Closing Balance Sheet, the Buyer shall have thirty (30) days to review the Closing Balance Sheet and prepare a report with the calculations of the Closing Price Adjustment and the amount of the same (the “Adjusted Amount”).

  • Advance Room Deposits.For clarity, (x) if the ACE Closing Price Adjustment is greater than zero ( i.e., a positive number), the Initial ACE Purchase Price will be increased by such amount and (y) if the ACE Closing Price Adjustment is less than zero (i.e., a negative number), the Initial ACE Purchase Price will be reduced by such amount.

  • Every school is responsible for meeting the needs of pupils by demonstrating the Graduated Response and the maximum use of Ordinarily Available: The Local Offer.There are strict regulations about the transfer of children between schools and the circumstances under which they can be taken off the school’s register.

  • Actual and Estimates of the ratio of financing costs to net revenue stream – This indicator identifies the trend in the cost of capital (borrowing and other long term obligation costs net of investment income) against the net revenue stream.


More Definitions of Closing Price Adjustment

Closing Price Adjustment means an amount equal to the sum of (i) one-half of any amounts in excess of $175,000 but equal to or less than $500,000 paid by the Target and not reimbursed by an insurer pursuant to a claim asserted by the Target at or before the Effective Time in respect of the claims of Joel X. Xxxxx, Xxegxxx X. Xxxxxxxx, Xxanx X. XxXxxxx xxx Kellx X. Xxxxxx xx the New Jersey Employee Litigation, and all of any amounts in excess of $500,000 paid by the Target and not reimbursed by an insurer pursuant to a claim asserted by the Target at or before the Effective Time in respect of such claims, prior to the Closing; (ii) one-half of any amounts equal to or less than $100,000 in the aggregate paid by the Target and not reimbursed by an insurer pursuant to a claim asserted by the Target at or before the Effective Time in respect of the claims of the plaintiffs in the Product-Related Litigation, and all of any amounts in excess of $100,000 in the aggregate so paid by the Target and not reimbursed by an insurer pursuant to a claim asserted
Sample 1

Related to Closing Price Adjustment

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • SOFR Adjustment means 0.10% (10 basis points).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in the “pink sheets” by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 13. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.