Exchange Price Floor definition

Exchange Price Floor means the consolidated closing bid price for the Parent Common Shares as of 4 PM Eastern time on the Trading Day immediately prior to the Issue Date, as reported by The NASDAQ Global Select Market, as such price may be adjusted to account for subsequent share dividend, share split, share combination, reclassification or similar transaction;
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Exchange Price Floor means $2.00, which represents the lower of (i) the Nasdaq Official Closing Price for the Parent Common Shares (as reflected on Xxxxxx.xxx) on the Subscription Date ($2.03) and (ii) the average Nasdaq Official Closing Price for the Parent Common Shares (as reflected on Xxxxxx.xxx) for the five Trading Days immediately prior to and ending on the Subscription Date ($2.00), as such price may be adjusted to account for subsequent share dividend, share split, share combination, reclassification or similar transaction;
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Exchange Price Floor means $2.00, which represents the lower of (i) the Nasdaq Official Closing Price for the Parent Common Shares (as reflected on Nasdaq.com) on the Subscription Date ($2.03) and (ii) the average Nasdaq Official Closing Price for the Parent Common Shares (as reflected on Nasdaq.com) for the five Trading Days immediately prior to and ending on the Subscription Date ($2.00), as such price may be adjusted to account for subsequent share dividend, share split, share combination, reclassification or similar transaction;
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Examples of Exchange Price Floor in a sentence

  • The NFL shall not reinstate a League-wide Ticket Exchange Price Floor during the Term of this Settlement Agreement.

  • As a result, all of the residual effects outlined in Section 6.2.20 for the LSr pump stations also apply to Line 2 modifications.

Related to Exchange Price Floor

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Base Price means the price to be used as the basis for determining the Spread upon the exercise of an Appreciation Right.

  • Conversion Price shall have the meaning set forth in Section 4(b).

  • Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).