Implied Price definition
Implied Price means the average of the closing prices of the shares of Parent Common Stock on the NYSE Composite Transaction Reporting System as reported in The Wall Street Journal (but subject to correction for typographical or other manifest errors in such reporting) over the 10 trading day period immediately preceding the second trading day prior to the date of the meeting of the Company's stockholders contemplated by Section 6.1; provided that the Implied Price shall in no event be less than $32.00, or greater than $44.50.
Implied Price means the volume weighed average trading price of a Boulevard Unit on the TSX-V for the five trading days ended on the third Business Day prior to the Effective Date;
Implied Price means an amount equal to the Stated Value divided by the Conversion Rate (as adjusted for stock splits, stock dividends, recapitalizations, reclassifications or similar transactions).
Examples of Implied Price in a sentence
Otherwise, such remaining amounts will be distributed and reinvested in Company Common Stock at the Implied Price and otherwise on substantially the same terms as contemplated with respect to the Base Stock Grant Shares under Section 4 hereof.
As promptly as practicable following the Company’s delivery of the Company Share Implied Price Spreadsheet, the parties hereto shall work together in good faith to finalize and mutually agree on the Company Share Implied Price Spreadsheet in accordance with this Agreement.
Implied Price Merger Per Share Per Share Per Share Consideration Median 25th Percentile 75th Percentile Transaction Value / Tangible Book Value $28.12 $19.13 $18.75 $25.36 Transaction Value / LTM Earnings $28.12 $19.13 $17.63 $24.69 PTCP analyzed the discounted present value of Bank’s projected free cash flows to equity for the years ending December 31, 2018 through December 31, 2022 on a standalone basis.
More Definitions of Implied Price
Implied Price means the average of the closing prices of the shares of Parent Common Stock on the NYSE Composite Transaction Reporting System as reported in The Wall Street Journal (but subject to correction for typographical or other manifest errors in such reporting) over the 10 trading day period immediately preceding the second trading day prior to the date of the meeting of the Company's stockholders contemplated by Section 6.1; provided that the Implied Price shall in no event be less than $32.00, or greater than $44.50. "Parent Preferred Stock" means the series of voting preferred stock of Parent to be designated as Cumulative Preferred Stock having the powers, rights, designations and preferences and the qualifications, limitations and restrictions described in the form of Certificate of Designation therefor attached hereto as Exhibit E hereto (the "Certificate of Designation"); provided, however, that the Rate (as defined in the Certificate of Designation) shall be such percentage, to be jointly determined by the financial advisors in Sections 3.14 and 4.14 hereof, that such financial advisors believe would cause the trading price per Depositary Share on a fully distributed basis after the Effective Time to be as nearly equal as possible to the Liquidation Preference (as set forth in the Certificate of Designation) of the fractional interest in a whole share of Parent Preferred Stock that is represented by one Depositary Share. In the event that such financial advisors are unable to agree on the Rate, the parties shall direct the financial advisors identified in Sections 3.14 and 4.14 to jointly select a nationally recognized investment bank to determine the Rate. The determination of such investment bank shall be binding on the parties hereto. A-11 13 Notwithstanding paragraph (a) of this Section 2.1, in the event that the Alternative Merger is consummated, except as otherwise provided herein, each Company Certificate (other than Company Certificates representing Alternative Merger Excluded Shares) shall evidence, commencing immediately after the Effective Time, the right to receive shares of Parent Common Stock and Depositary Shares on the basis set forth in this paragraph (b) (subject to Sections 2.4, 2.5 and 2.6 of this Agreement).
Implied Price means the average of the closing prices of the shares of Parent Common Stock on the NYSE Composite Transaction Reporting System as reported in The Wall Street Journal (but subject to correction for typographical or other manifest errors in such reporting) over the 10 trading day period immediately preceding the second trading day prior to the date of the meeting of the Company's stockholders contemplated by Section 6.1; provided that the Implied Price shall in no event be less than $32.00, or greater than