Composite Tape definition
Examples of Composite Tape in a sentence
Unless the Company shall permit another valuation method to be elected by the Participant, Shares used to pay any required withholding taxes shall be valued at the closing price of a Share as reported on the New York Stock Exchange Composite Tape on the date the withholding tax becomes due (hereinafter called the “Tax Date”).
The following table sets forth, for the periods indicated, the high and low NAVs per Share and the high and low closing sale prices per Share as reported on the NYSE Composite Tape, and the amounts of cash dividends/distributions per Share paid during such periods.
The option price for each Share subject to the Option shall be $ , the closing price of the Stock on the New York Stock Exchange Composite Tape on , which is the “Grant Date”.
To the extent that a fractional Common Share would otherwise have been deliverable under the formula set out in the preceding portion of this Section 3(a), Seller shall be entitled to receive a cash payment therefor in an amount equal to the value (determined with reference to the closing price of Common Shares as reported on the New York Stock Exchange Composite Tape on the last full Trading Day immediately prior to the Closing Date) of such fractional interest.
For this purpose, the "Change in Control Price" shall be the higher of (i) the highest price paid for a share of Stock as reported on the New York Stock Exchange Composite Tape during the 12 month period ending with the effective date of Change in Control or (ii) the highest cash tender offer price for a share of Stock during such period.
Bergen hereby grants to IVAX, as of the close of trading on the NYSE on November 11, 1996 (the "Grant Date"), an irrevocable option (the "Stock Option") to purchase up to 9,953,076 shares of Bergen Common Stock (the "Option Shares") at a cash purchase price per Option Share equal to the closing price of shares of Bergen Common Stock on the NYSE Composite Tape on the Grant Date (the "Purchase Price"), subject to the terms and conditions set forth herein.
The following table sets forth the high and low sales prices of AFC Common Stock and APY Common Stock as reported on the NYSE Composite Tape and the dividends declared per share of AFC Common Stock and APY Common Stock for each quarterly period since October 16, 1995 (the date of its inception) with respect to AFC and since January 1, 1994 with respect to APY.
Instead of any fractional Warrant Security which would otherwise be issuable upon exercise of any Warrant, the Company shall pay a cash adjustment in respect of such fraction in an amount equal to the same fraction of the last sales price (or bid price if there were no sales) per Warrant Security, in either case as reported on the New York Stock Exchange Composite Tape or the Nasdaq Stock Market, Inc.
The amount of the cash payment to be made with respect to any Deferred Vested Units shall be equal to (and with respect to any fractional part of a Deferred Vested Unit, shall be based upon) the per share closing price of one share of Common Stock as reported on the New York Stock Exchange Composite Tape for the last business day immediately preceding the date on which such cash payment is to be made.
For purposes of this Paragraph 1.5(c), "Fair Market Value" means the average of the composite high and low quoted sales prices of a share of Common Stock, as reported on the Composite Tape for New York Stock Exchange Listed Companies, over the 20 business days on which a sale was reported that immediately precede the applicable date.