Highest Price definition

Highest Price means, as at any date of determination thereof and subject to adjustment to take into account differences between the price of shares of Common Stock and ADSs, with respect to the four (4) month period preceding the date on which Telenor's stake in the Company reaches the Control Threshold: (a) if during such four (4) month period Telenor has not made an offer to purchase the VIP Shares held by the other shareholders of the Company in accordance with the JSC Law and/or the Charter (and has not made such an offer at any time prior to such period), the highest price, if any, paid by Telenor for any VIP Shares purchased by Telenor during such period; (b) if during such four (4) month period Telenor has not made an offer to purchase the VIP Shares held by the other shareholders in
Highest Price means, as at any date of determination thereof and subject to adjustment to take into account differences between the price of shares of Common Stock and ADSs, with respect to the four (4) month period preceding the date on which Telenor's stake in the Company reaches the Control Threshold: (a) if during such four (4) month period Telenor has not made an offer to purchase the VIP Shares held by the other shareholders of the Company in accordance with the JSC Law and/or the Charter (and has not made such an offer at any time prior to such period), the highest price, if any, paid by Telenor for any VIP Shares purchased by Telenor during such period; (b) if during such four (4) month period Telenor has not made an offer to purchase the VIP Shares held by the other shareholders in accordance with the JSC Law and/or the Charter but made such an offer at any time prior to such period, the price offered by Telenor in its most recent such offer; or (c) if during such four (4) month period Telenor has made an offer to purchase the VIP Shares held by the other shareholders of the Company in accordance with the JSC Law and/or the Charter, the price offered by Telenor in such offer.
Highest Price means the highest price (excluding assumed liabilities and valuing any non-cash asset at its fair market value, it being understood that any dispute with respect to such fair market value shall be resolved by a valuation firm mutually acceptable to the Purchaser and the PharMerica Shareholders) per share paid by the Purchaser (or any of its wholly owned or majority owned subsidiaries) for any shares of PharMerica Stock during the Operative Period, (x) the term "Differential Price" shall mean the amount by which the Highest Price exceeds the Exercise Price, (y) the term "Operative Period" shall mean

Examples of Highest Price in a sentence

  • In determining the Highest Price Per Share, the price paid or agreed to be paid by a Covered Person will be appropriately adjusted to take into account (W) distributions paid or payable in stock, (X) subdivisions of outstanding stock, (Y) combinations of shares of stock into a smaller number of shares and (Z) similar events.

  • The sole arbitrator shall not have the jurisdiction to amend, or add to, any of the provisions of this Agreement, not to substitute any new provisions in lieu thereof, nor to give any decisions inconsistent with the terms and provisions of this Agreement.

  • Thereupon, the Shareholder (the “Highest Price Shareholder”) who offered the highest price for the Shares of the other Shareholder (the “Other Shareholder”) shall have the option to either (i) purchase the Shares of the Other Shareholder at the price stated in the Sealed Tender of the Highest Price Shareholder or, (ii) sell its Shares to the Other Shareholder at the price stated in the Sealed Tender of the Other Shareholder.

  • As used herein, the term "Highest Price Per Share" shall mean the highest price per share that can be determined to have been paid or agreed to be paid for any share of Common Stock by a Covered Person (as defined below) at any time during the six-month period immediately preceding any Change of Control.

  • The number of Additional Shares to be issued shall be the lesser of (A) 1,250,000 shares and (B) the amount determined by subtracting from $2.75 the highest average closing bid price of the HESG Common Stock achieved over a fifteen (15) day moving average during the Measurement Period (the "Highest Price"), multiplying the resulting dollar amount by 1,000,000 and then dividing the result by the Highest Price.

  • Such adjustment shall become effective immediately after the Change of Control Date and shall be made, in the case of clauses (ii) and (iii) above, successively for six months thereafter in the event and at the time of any increase in the Highest Price after the Change of Control Date; PROVIDED, HOWEVER, that no such successive adjustment shall be made with respect to the Conversion Rate of the shares of this Series in respect of any event occurring after the Conversion Date.


More Definitions of Highest Price

Highest Price means the highest price (excluding assumed liabilities and valuing any non-cash asset at its fair market value, it being understood that any dispute with respect to such fair market value shall be resolved by a valuation firm mutually acceptable to the Purchaser and the PharMerica Shareholders) per share paid by the Purchaser (or any of its wholly owned or majority owned subsidiaries) for any shares of PharMerica Stock during the Operative Period, (x) the term "Differential Price" shall mean the amount by which the Highest Price exceeds the Exercise Price, (y) the term "Operative Period" shall mean the period commencing on the date hereof and expiring on the date that the current term of the PharMerica/Purchaser Agreement terminates or expires and (z) the term "PharMerica/Purchaser Agreement" shall mean the existing pharmaceutical supply agreement between PharMerica and the Purchaser pursuant to which PharMerica purchases pharmaceuticals on a wholesale basis from Purchaser.