Closing Value definition

Closing Value means (a) with respect to an Underlying other than a Multiple Exchange Index, the level of such Underlying as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange or (b) with respect to a Multiple Exchange Index, the official closing level of such Underlying as calculated and published by the Index Sponsor, in each case on the relevant Valuation Date.

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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.

Closing Value means, with respect to an Index on any Trading Day, its Closing Level on that Trading Day, and with respect to a Fund on any Trading Day, its Fund Closing Price on that Trading Day.

Examples of Closing Value in a sentence

• The “Closing Consideration Cash” shall be an amount equal to (1) the Estimated Closing Value, minus (2) the Closing Consideration Share Value, minus (3) the First Tranche Value, minus (4) the Second Tranche Value, minus (5) the Escrow Amounts, minus (6) the Note Amount.

• The Closing shall be deemed effective as of the Reference Time on the Closing Date for financial, accounting and Closing Value determinations.

• Estimated Cash, Estimated Net Working Capital, Estimated Indebtedness and Estimated Transaction Expenses shall be used to determine the “Estimated Closing Value”, which shall be an amount calculated using the formula set forth in the definition of Closing Value but applied mutatis mutandis based on such estimated amounts.

• To the extent the Seller Representative has not timely delivered an Objection Notice pursuant to the terms hereof, the Final Closing Statement and Final Closing Value shall be final, conclusive, and binding on the Parties.

• All indemnification payments made under this Agreement shall be treated by the parties as an adjustment to the Final Closing Value for Tax purposes, unless otherwise required by Applicable Law.

More Definitions of Closing Value

Closing Value means in relation to a CFD the Closing Price multiplied by the Contract Quantity;

Closing Value has the meaning given to it in Section 7.5(i) hereof.

Closing Value. : On any Index Business Day means the closing value of the S&P 500 Index or any Successor Index at the regular official weekday close of any and all relevant exchanges and/or markets. If no such closing value is available because of a Market Disruption Event or otherwise, the Calculation Agent will determine the Closing Value of the S&P 500 Index or any successor index on such date in accordance with the formula for and method of calculating the S&P 500 Index last in effect prior to the commencement of the Market Disruption Event using the Trading Price on such date of each security most recently constituting the S&P 500 Index. The determination of the Closing Value by the Calculation Agent on any Index Business Day as a result of the occurrence of a Market Disruption Event may be deferred by the Calculation Agent for up to five consecutive Index Business Days on which a Market Disruption Event is occurring.

Closing Value means the Closing Price multiplied by the Contract Quantity or as otherwise notified to the Client by the Calculation Agent in its sole and absolute discretion;

Closing Value means, with respect to any Reference Commodity and any Scheduled Trading Day for such Reference Commodity, the value or fixing for such Reference Commodity determined as specified in Annex A hereto; subject to the provisions “Description of the Notes—Market Disruption Event,” “Description of the Notes—Discontinuance or Modification of a Reference Commodity; Alteration of Method of Calculation” and “Description of the Notes—Change in Law” herein.

Closing Value means the average of the closing prices of Newpark's Common Stock on the New York Stock Exchange, as reported in The Wall Street Journal, for the five trading days immediately preceding the third trading day prior to the Closing Date.

Closing Value means the 4:00 p.m. eastern time closing price per share of BB&T Common Stock on the NYSE on the Closing Date as reported on ▇▇▇▇▇▇▇.▇▇▇.