Highest Closing Price definition

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.
Highest Closing Price means the highest closing sales price for shares of Substitute Common Stock quoted on the NYSE (or if the Substitute Common Stock is not quoted on the NYSE, the highest bid price per share as quoted on the National Association of Securities Dealers Automated Quotations System or, if the shares of Substitute Common Stock are not quoted thereon, on the principal trading market on which such shares are traded as reported by a recognized source) during the six-month period preceding the Section 8 Request Date; and
Highest Closing Price means the highest of closing sales price for shares of Substitute Common Stock quoted on the Nasdaq (or if the Substitute Common Stock is not quoted on the Nasdaq, on the principal trading market on which such shares are traded as reported by a recognized source) during the six-month period preceding the Section 9 Request Date.

Examples of Highest Closing Price in a sentence

  • The term "Highest Closing Price" shall mean 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.

  • In addition, at the request of the owner (the "Substitute Share Owner") of shares of Substitute Common Stock, the Substitute Option Issuer shall repurchase the Substitute Common Stock at a price (the "Substitute Share Repurchase Price") equal to the Highest Closing Price multiplied by the number of shares of Substitute Common Stock so designated.

  • Political Perspective It is important not to be overly legalistic.

  • Since the beginning of the Review Period, the Closing Price remained relatively stable and went up to the Highest Closing Price on 12 August 2020.

  • Purposive sampling technique was used to select the participants for the research being conducted (Cohen, Manion, & Morrison, 2017).


More Definitions of Highest Closing Price

Highest Closing Price means the highest closing price per share of Substitute Common Stock on the Nasdaq National Market (or, if Substitute Common Stock is not quoted on The Nasdaq Stock Market, the highest bid price per share on any day as quoted on the principal trading market or securities exchange on which such shares are traded as reported by a recognized source chosen by Grantee and reasonably acceptable to Issuer) or, if such shares are not traded in a trading market or listed on an exchange, as quoted by the brokerage firms acting as market makers for the Substitute Common Stock prior to the trading or listing of the Substitute Common Stock on any national securities exchange and thereafter as reported by the principal trading market or securities exchange on which such shares are traded, during the 60 business days preceding the Substitute Option Request 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. (b) The Substitute Option Holder and the Substitute Share Owner, as the case may be, may exercise its respective right to require the Substitute Option Issuer to repurchase the Substitute Option and the Substitute Shares pursuant to this Section 9 by surrendering for such purpose to the Substitute Option Issuer, at its principal office, the agreement for such Substitute Option (or, in the absence of such an agreement, a copy of this Agreement) and certificates for Substitute Shares accompanied by a written notice or notices stating that the Substitute Option Holder or the Substitute Share Owner, as the case may be, elects to require the Substitute Option Issuer to repurchase the Substitute Option and/or the Substitute Shares in accordance with the provisions of this Section 9. As promptly as practicable, and in any event within five business days after the surrender of the Substitute Option and/or certificates representing Substitute Shares and the receipt of such notice or notices relating thereto, the Substitute Option Issuer shall deliver or cause to be delivered to the Substitute Option Holder the Substitute Option Repurchase Price and/or to the Substitute Share Owner the Substitute Share Repurchase Price therefor or, in either case, the portion thereof which the Substitute Option Issuer is not then prohibited under applicable law and regulation from so delivering.
Highest Closing Price means the highest known sale price for shares of Substitute Common Stock within the six-month period immediately preceding the date that 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, taking into account the sale prices, if any, for shares of Substitute Common Stock reported in the National Association of Securities Dealers' Electronic Bulletin Board Service or the National Quotation Bureau's "pink sheets" during such six-month period.
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; provided, however, that in the event that the Substitute Common Stock is not listed on a national securities exchange or the Nasdaq Stock Market, the term "Highest Closing Price" shall mean the highest known sale price for shares of Substitute Common Stock within the six-month period immediately preceding the date that 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, taking into account the sale prices, if any, for shares of Substitute Common Stock reported in the National Association of Securities Dealers' Electronic Bulletin Board Service or the National Quotation Bureau's "pink sheets" during such six-month period.
Highest Closing Price means either (i) if the Substitute Common Stock is traded on a national securities exchange or interdealer quotation system, 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, or (ii) if the Substitute Common Stock is not so traded, the average price per share of the Substitute Common Stock within such period, as determined by a nationally recognized investment banking firm selected by the Holder.
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. The term "Minimum Substitute Option Repurchase Price" shall mean $5,000,000 multiplied by a fraction the numerator of which is the number of shares of Substitute Common Stock which may then be purchased upon exercise of the Substitute Option and the denominator of which is the number of shares of Substitute Common Stock which could be purchased upon exercise of the Substitute Option assuming the Substitute Option or the Option had not been previously exercised. The term "Minimum Substitute Share Repurchase Price" shall mean $5,000,000 multiplied by a fraction the numerator of which is the number of shares of Substitute Common Stock designated for repurchase and the denominator of which is the number of shares of Substitute Common Stock which could be purchased upon exercise of the Substitute Option assuming the Substitute Option or the Option had not been previously exercised.
Highest Closing Price means the highest closing price for shares of 12 97