Minimum Acceptable Price definition

Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

Minimum Acceptable Price or “MAP” shall mean the minimum price notified by the Company to the Investor in each Advance Notice, if applicable.

Examples of Minimum Acceptable Price in a sentence

If no Minimum Acceptable Price is specified in an Advance Notice, then no Minimum Acceptable Price shall be in effect in connection with such Advance.
Each Trading Day during a Pricing Period for which (A) with respect to each Advance Notice with a Minimum Acceptable Price, the lowest Hourly VWAP of the Common Shares during the applicable Pricing Period is below the Minimum Acceptable Price in effect with respect to such Advance Notice, or (B) there is no VWAP for the Common Shares shall hereinafter be referred to as an “Excluded Day”.
With respect to each Advance Notice delivered by the Company selecting a Regular Purchase Pricing Period, the Company may notify the Investor of the Minimum Acceptable Price with respect to such Advance by indicating a Minimum Acceptable Price on the Advance Notice.

Minimum Acceptable Price with respect to any Put Notice Date shall be the price defined by the Company in the applicable Put Notice.

Minimum Acceptable Price with respect to any Put Notice Date shall mean 75% of the average of the closing bid prices for the fifteen (15) Trading Day period immediately preceding such Put Notice Date.

Minimum Acceptable Price means a price of the Company's Common Stock as determined by the Company on the Advance Notice Date of which the Investor shall be advised of in writing simultaneously with the Advance Notice.

Minimum Acceptable Price or “MAP” shall be 90% of the last closing price of the Ordinary Shares on the Principal Market at the time of delivery of each Advance Notice.

Minimum Acceptable Price means seventy five percent (75%) of the lowest Closing Bid Price of the Company's Common Stock for the twenty (20) Trading Days prior to a relevant Advance Notice Date.

Minimum Acceptable Price or “MAP” shall mean the minimum price notified by the Company to the Investor in each Advance Notice selecting an Option 2 Pricing Period, if any.

Minimum Acceptable Price with respect to any Draw Down Notice shall mean that price selected by the Company and stated in the applicable Draw Down Notice.