Market Price Per Share means the price per share equal to the average of the last sale price of the Common Stock on the Repurchase Calculation Date on each exchange on which the Common Stock may at the time be listed or, if there shall have been no sales on any of such exchanges on the Repurchase Calculation Date, the average of the closing bid and asked prices on each such exchange at the end of the Repurchase Calculation Date or if there is no such bid and asked price on the Repurchase Calculation Date on the next preceding date when such bid and asked price occurred or, if the Common Stock shall not be so listed, the average of the closing sales prices as reported by NASDAQ at the end of the Repurchase Calculation Date in the over-the-counter market. If the Common Stock is not so listed or reported by NASDAQ, then the Market Price Per Share shall be the Book Value Per Share.
Market Price Per Share means the price per share equal to the average of the last sale price of the Common Stock on each of the ten trading days prior to the Repurchase Calculation Date on each exchange on which the Common Stock may at the time be listed and on which the Common Stock traded on such date or, if there shall have been no sales on any of such exchanges on any such trading day, the average of the closing bid and asked prices on each such exchange at the end of each such trading day or, if there is no such bid and asked price on such trading day, on the next preceding date when such bid and asked price occurred or, if the Common Stock shall not be so listed, the average of the closing sales prices as reported by NASDAQ at the end of each of the ten trading days prior to the Repurchase Calculation Date in the over-the-counter market. If the Common Stock is not so listed or reported by NASDAQ, then the Market Price Per Share shall be the fair market value established by the Board acting in good faith.
Market Price Per Share means either (i) the price per share equal to the average of the last sale price of the Common Stock on the Repurchase Calculation Date on each national securities exchange on which the Common Stock may at the time be listed or (ii) if there shall have been no sales on any of such exchanges on the Repurchase Calculation Date, the average of the closing bid and asked prices on each such exchange at the end of the Repurchase Calculation Date or (iii) if there is no such bid and asked price on the Repurchase Calculation Date, the average of the closing bid and asked prices on each such exchange on the next preceding date when such bid and asked price occurred or (iv) if the Common Stock shall not be so listed, the closing sales price as reported by the Nasdaq National Market or the Nasdaq Small Cap Market ("NASDAQ") at the end of the Repurchase Calculation Date or (v) if there shall have been no sales reported by NASDAQ on the Repurchase Calculation Date, the closing bid and asked prices reported by NASDAQ at the end of the Repurchase Calculation Date or (vi) if there is no such bid and asked price on the Repurchase Calculation Date, the average closing sales price as reported by the OTC Bulletin Board for the 15-day period immediately preceding the Repurchase Calculation Date, or (vii) if no such sales occurred within such 15-day period, the Book Value Per Share.
Examples of Market Price Per Share in a sentence
The Company offers to sell any securities to the existing shareholders and/or public investors and/or private placement which give the holders rights to exercise or change to ordinary shares or purchase ordinary shares e.g. convertible bond or warrant to purchase ordinary shares, and "The Net Offering Price Per Share Reserved for Rights" is lower than 90 percent of "The Company's Market Price Per Share".
The Company offers to sell newly issued ordinary shares to the existing shareholders and/or public investors and/or private placement at "The Net Offering Price Per Share of Newly Issued Ordinary Shares" lower than 90 percent of 'The Company's Market Price Per Share".
More Definitions of Market Price Per Share
Market Price Per Share means the volume weighted average trading price per share for the Common Shares on the Exchange for the five (5) consecutive trading days ending on the last trading day preceding the date that the applicable Option is granted;
Market Price Per Share means the average closing price per Share on the principal securities exchange on which the Shares are listed (or, if the Shares are not then listed on a securities exchange, the mean between the closing bid and asked prices in the over-the-counter market) for the ten trading days thereon immediately preceding the closing of the sale pursuant to Section 2.4.
Market Price Per Share shall equal the average closing stock price per share of ACE*COMM Common Stock as quoted on the Nasdaq Stock Market (or such other national securities exchange on which the ACE*COMM is then listed) for the 20 consecutive trading days immediately prior to the date that is five days prior to the Mailing Date.
Market Price Per Share on any date shall mean the average closing price per share of the Common Stock for the ten (10) trading days immediately preceding such date. The closing price for each such day shall be the last sale price or, in case no such sale takes place on such day, the average of the closing bid and asked prices, in either case on the principal securities exchange (including any automated system of quotation) (an "EXCHANGE") on which the Common Stock is listed or admitted for trading, or, if not so listed on an Exchange, the average of the closing bid and asked prices as furnished by two members of the National Association of Securities Dealers, Inc. selected from time to time by the Company for that purpose. If such bid and asked prices are not available, then "Market Price Per Share" shall be the fair market value of the Company's Common Stock as determined in good faith by the Board of Directors of the Company.
Market Price Per Share at any date shall be deemed to be the average of the daily closing prices for the 20 consecutive trading days commencing on the 30th trading day prior to the date in question. The closing price for each day shall be (x) if the Common Stock is listed or admitted to trading on a national securities exchange, the closing price on the New York Stock Exchange Consolidated Tape (or any successor composite tape reporting transactions on national securities exchanges) or, if such a composite tape shall not be in use or shall not report transactions in the Common Stock, the last reported sales price regular way on the principal national securities exchange on which the Common Stock is listed or admitted to trading (which shall be the national securities exchange on which the greatest number of shares of Common Stock has been traded during such 20 consecutive trading days), or, if there is no transaction on any such day in any situation, the mean of the bid and asked prices on such day or (y) if the Common Stock is not listed or admitted to trading on any such exchange, the closing price, if reported, or, if the closing price is not reported, the average of the closing bid and asked prices as reported by the National Association of Securities Dealers Automated Quotation System (NASDAQ) or a similar source selected from time to time by the Company for the purpose. In the event such closing prices are unavailable, the Market Price Per Share shall be deemed to be the fair market value as determined in good faith by the Board of Directors, on the basis of such relevant factors as it in good faith considers, in the reasonable judgment of the Board of Directors, appropriate.
Market Price Per Share means the price per share equal to the last sale price (or if no sales occur on such day, then the average of the closing bid and asked prices for such day) of the Shares on the Repurchase Calculation Date on each exchange on which the Shares may at the time be listed and on which the Shares may be traded on such dates or, if the Shares shall not be so listed, the closing sales price as reported by NASDAQ for the Repurchase Calculation Date in the over-the-counter market.
Market Price Per Share means, at the discretion of the Board, either the closing trading price of the Common Shares on the Exchange or the volume weighted average trading price for a period of five (5) days on the Exchange on the relevant date. In the event that the Common Shares are not listed and posted for trading on any stock exchange in Canada, the "Market Price per Share" shall be the fair market value of the Common Shares as determined by the Board in its sole discretion;