Five-Day Average Price means the average of the Daily VWAPs per share of Common Stock over the five consecutive Trading Day period ending on the second Trading Day immediately preceding the applicable Dividend Payment Date or other date in respect of which dividends are being paid.
Five-Day Average Price means the Average Closing Price per Ordinary Share over the period of five consecutive Trading Days ending on the Second Trading Day immediately preceding the relevant Class A Dividend Payment Date or applicable Conversion Date;
Five-Day Average Price means the average of the daily average of the high and low price per share of the SurgiCare Old Common Stock on the American Stock Exchange, or such other stock exchange or other similar system on which the SurgiCare Old Common Stock shall be listed or quoted at the time, for the five trading days immediately preceding the Closing Date.
Examples of Five-Day Average Price in a sentence
A cash adjustment shall be paid by the Corporation to each holder of Convertible Preferred Stock that would otherwise be entitled to receive a fraction of a share of Common Stock based on (x) the Five-Day Average Price and (y) the aggregate number of shares of Convertible Preferred Stock held by such holder (or if such holder’s shares of Convertible Preferred Stock are in the form of Global Preferred Shares, based on the applicable procedures of the Depositary for determining such number of shares).
At the request of the WGWAP, SEIC investigated options with the potential to reduce the environmental impact of the proposed 2009 Astokh 4D survey airgun array, primarily by reducing acoustic levels in the adjacent feeding area.
A cash adjustment shall be paid by the Company to each Holder that would otherwise be entitled to receive a fraction of a share of Common Stock based on (x) the Five-Day Average Price and (y) the aggregate number of Units held by such Holder (or if the Units are held in global book-entry form, based on the applicable procedures of DTC for determining such number of Units).
More Definitions of Five-Day Average Price
Five-Day Average Price means the average of the Daily VWAPs per share of Common Stock over the five consecutive Trading Day period ending on the second Trading Day immediately preceding the applicable Contract Adjustment Payment Date or other date in respect of which Contract Adjustment Payments are being paid.
Five-Day Average Price as of any date of determination shall mean the average of the Common Stock Prices on each of the immediately preceding five consecutive Trading Days, after exclusion of the highest and lowest such prices; provided, however, that if such highest or lowest prices occur on more than one such Trading Day, such price shall be excluded only once in calculating such average, so that such average always is based on the Common Stock Prices on three Trading Days. 1.13 "Holder" has the meaning ascribed to such term in the preamble hereto. 1.14 "NASD" has the meaning ascribed to such term in Section 4.2 hereof. 1.15 "No-Exercise Period" shall mean any period of up to 90 consecutive days designated by the Company as a period during which Warrants may not be exercised. The Company shall designate the commencement of no more than one No-Exercise Period in any twelve-month period. A No-Exercise Period shall commence on such date as is designated by the Company in a written notice (which may be by facsimile transmission) of the commencement of such No- Exercise Period delivered to the Warrant Agent no later than the close of business of the Warrant Agent on the Business Day immediately preceding the first day of such No-Exercise Period. Such No-Exercise Period shall terminate on such date as is designated by the Company in a written notice (which may be by facsimile transmission) of the termination of such No-Exercise Period delivered to the Warrant Agent no later than the end of Business on the Business Day immediately preceding such date of termination; provided, however, that such No-Exercise Period shall terminate automatically and without any action on the part of the Company at the close of business on the 90th day thereof, should the Company not designate an earlier termination date. The Company shall take all reasonable measures and efforts to limit the length of each No-Exercise Period, consistent with the reason for the No- Exercise Period and shall terminate each No-Exercise Period as quickly as reasonably possible, consistent with the reason for the No-Exercise Period. 1.16 "Person" means a natural person, a corporation, a partnership, a trust, a joint venture, authority or any other entity or organization. 1.17 "Price Per Share" has the meaning ascribed to such term in Section 8.1(e)(ii) hereof. 1.18 "Reset Date" has the meaning ascribed to such term in Section 4.3(a). 1.19 "Reset Election" has the meaning ascribed to such term in Section 4.3(a). 1.20 "Reset P...
Five-Day Average Price shall have the meaning assigned to it in Section 8(b) of this Subdivision.
Five-Day Average Price means the average of the daily average of the high and low price per share of the Pre-Split Common Stock on the American Stock Exchange, or such other stock exchange or other similar system on which the Pre-Split Common Stock shall be listed at the time, for the five trading days immediately preceding the Closing Date. 1.12. The term "Person" means any individual, partnership, corporation, limited liability company, association, trust, joint venture, unincorporated organization or other entity. 1.13. The term "Specified Securities" means the Subscription Securities and all shares of Class A Common which have been received upon conversion of the Subscription Securities, other than any such securities which have been sold in a registered public offering or to the public pursuant to Rule 144 under the Securities Act. 1.14. The term "Subscription Securities" means a number of shares of Class B Common equal to the number of Base Subscription Securities plus the number of Bridge Conversion Securities, rounded up to the nearest whole number. 1.15. The term "Subsidiary" of any Person means any corporation, partnership, joint venture or other legal entity of which such Person (either alone or through or together with any other subsidiary) owns, directly or indirectly, 10% or more of the stock or other equity interests, the holders of which are generally entitled to vote for the election of the board of directors or other governing body of such corporation or other legal entity. 1.16. The term "SurgiCare Bridge Conversion Shares" means a number of shares of Class A Common equal to the Excess SurgiCare Bridge Amount divided by the Class A Common Closing Price. 1.17. The term "Unadjusted Reverse Split Fraction" means a number equal to 0.10. 1.18. The term "Unadjusted SurgiCare Shares" means the number of shares of Class A Common which would be outstanding on a fully-diluted basis (calculated as set forth in the immediately following sentence) immediately after the effectiveness of the filing of the Amended SurgiCare Charter and the Recapitalization but prior to the Acquisitions, the Debt Exchange and the issuance of the Class B Common to the Subscriber pursuant hereto, calculated as if the Excess SurgiCare Bridge Amount was equal to $0.00 and the Adjusted Reverse Split Fraction was therefore equal to the Unadjusted Reverse Split Fraction, rounded up to the nearest whole share. For purposes of this definition, "fully-diluted basis" shall mean the number of shares of Cl...
Five-Day Average Price means the Average VWAP per share of Common Stock over the five consecutive Trading Day period ending on the second Trading Day immediately preceding the applicable Dividend Payment Date.
Five-Day Average Price means the average closing price of the Company’s ADSs (or Ordinary Shares, as applicable) quoted on the stock exchange where such ADSs (or Ordinary Shares, as applicable) are listed during the last five (5) trading days immediately prior to the date of the Conversion Exercise Notice divided by (if applicable) the number of Ordinary Shares represented by one ADS.
Five-Day Average Price means the average of the Daily VWAPs per share of Common Stock over the five consecutive Trading Day period ending on the third Trading Day immediately preceding the applicable Payment Date or other date in respect of which Contract Adjustment Payments are being paid.