Minimum Offering Price definition

Minimum Offering Price means $10.00 per share of Common Stock, adjusted to take into account any stock split, stock dividend, combination or similar recapitalization affecting the Common Stock following the date hereof.
Minimum Offering Price shall have the meaning set forth in Section 2.1(a) hereof.
Minimum Offering Price shall be set by the Company in its sole discretion in each Capital Demand Notice and such Minimum Offering Price may be different in each Capital Demand Notice; provided, however, that the Minimum -------- ------- Offering Price may not be less than the minimum bid price necessary for initial listing or inclusion on the Principal Market.

Examples of Minimum Offering Price in a sentence

  • The Minimum Offering Price shall have been delivered to the escrow agent.

  • Subject to relevant laws and regulations, the Manager intends to use the gross proceeds of approximately S$350.0 million from the Private Placement (based on the Minimum Offering Price) in the following manner: 1 The adjusted volume weighted average price is computed based on the volume weighted average price of all trades in the Units on the SGX-ST on the full Market Day on 7 March 2013 and subtracting the Advanced Distribution (as defined herein) of approximately 2.70 cents per Unit.

  • At any time and from time to time after January 1, 1999, Holders of the lesser of (i) at least 25% of the Registrable Securities or (ii) Registrable Securities having a minimum anticipated aggregate offering price of $7,500,000 (the "Minimum Offering Price") may make written requests on the Company for the registration of the Registrable Securities under the Securities Act, such requests hereinafter referred to as a Demand Registration ("Demand Registration").

  • Equation (43) shows that fiscal deficits cause a rise in pri- vate saving (“excess saving”) with a pass-through given by the matrix of intertemporal marginal propensities to save, I − M.The logic behind these results is as follows.

  • The "Minimum Offering Price" for purposes of this subparagraph means $5.25 per share (subject to adjustment for stock splits or combinations of the Common Stock) in an IPO or 12 months following the initial closing of the PaineWebber Preferred Stock Offering, which Minimum Offering Price shall increase by $0.50 per share for each subsequent 12-month period.

  • The Company shall reserve, prior to the commencement of any Capital Raising Period, such number of shares of Common Stock, free of preemptive rights (except as may be described on Schedule 5.2), equal to (i) the quotient of the Capital Demand Amount divided by the Minimum Offering Price plus (ii) the maximum number of shares issuable upon full exercise of the Warrant Agreement.

  • Name of Securityholder & Municipality of ResidencePrior to giving effect to theAcquisition and OfferingAfter giving effect to the Acquisitionand Offering(1)Number ofsharesPercentageNumber ofsharesPercentageJason Bailey(2) Vancouver, BCNilNil404,577,920(1)41.46%Jonathan Bixby(3) Victoria, BC2,725,0001.28%2,725,0000.28%Mike Edwards(3)(4) Whistler, BC15,950,0007.47%15,950,0001.64%(1) Assumes the Offering is completed at the Minimum Offering Price.

  • CONTRACTOR/VENDOR QUESTIONNAIRE CERTIFICATION SUMMER ACADEMIC AND ENRICHMENT PROGRAM SERVICES GRADES 2 - 7 Name of Company Address PO Box City, State, Zip Business Phone Number ( ) Ext.

  • The Minimum Offering Price is established by the MDC, is based on two independent fee appraisals, and is the least amount the MDC may consider for the sale of the real estate being offered.

  • Upon completion of the Acquisition and the Offering, it is anticipated that, if the Offering is completed at the Minimum Offering Price, 404,577,920 LEAF Shares (before effecting the Consolidation) issued, directly or indirectly, to Jason Bailey will be subject to escrow in accordance with TSXV policies.


More Definitions of Minimum Offering Price

Minimum Offering Price is defined in Section 2(a) of this Warrant.

Related to Minimum Offering Price

  • Offering Price has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Minimum Offering means the number Shares so designated on Exhibit A hereto.

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Initial Public Offering Price means the price per share of APP Common Stock received by APP before underwriting commissions, discounts or other fees in connection with its Initial Public Offering.

  • Maximum Offering means, with respect to some or all participants in the Non-423(b) Plan Component, a maximum number or value of shares of the Common Stock made available for purchase in a specified period (e.g., a 12-month period) in specified countries, locations or to Employees of specified Designated Subsidiaries. Such maximum shall be determined by the Board (or a committee authorized by the Board) in such a manner as to avoid securities filings, to achieve certain tax results or to meet other Company objectives.

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • Minimum Sale Price means, with respect to any Aircraft or the Equipment Notes issued in respect of such Aircraft, at any time, in the case of the sale of an Aircraft, 75%, or in the case of the sale of related Equipment Notes, 85%, of the Appraised Current Market Value of such Aircraft.

  • 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.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Trading Price of the Notes on any date of determination means the average of the secondary market bid quotations obtained by the Bid Solicitation Agent for $5,000,000 principal amount of Notes at approximately 3:30 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers the Company selects for this purpose; provided that if three such bids cannot reasonably be obtained by the Bid Solicitation Agent but two such bids are obtained, then the average of the two bids shall be used, and if only one such bid can reasonably be obtained by the Bid Solicitation Agent, that one bid shall be used. If the Bid Solicitation Agent cannot reasonably obtain at least one bid for $5,000,000 principal amount of Notes from a nationally recognized securities dealer on any determination date, then the Trading Price per $1,000 principal amount of Notes on such determination date shall be deemed to be less than 98% of the product of the Last Reported Sale Price of the Common Stock and the Conversion Rate.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Ending Price means the average closing price of one share of common stock on the applicable stock exchange during the twenty (20) trading days immediately preceding and including the last day of the Performance Period; provided that, in the case of a Change of Control, the Ending Price for the Company shall be the fair market value of a Share immediately prior to the Change of Control, and the Ending Price for all other companies shall be the average closing price of one share of common stock on the applicable stock exchange during the twenty (20) trading days immediately preceding the date of the Change of Control.

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Selling Price means the same meaning as in RCW 82.08.010, except that when the product is sold under circumstances where the total amount of consideration paid for the product is not indicative of its true value. Selling price means the true value of the product sold as determined or agreed to by the ((board)) WSLCB. For purposes of this subsection:

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Starting Price means the closing price of a share of United Common Stock on the NASDAQ (as reported in The Wall Street Journal, or if not reported therein, in another authoritative source) on the Starting Date.

  • Hold-the-Offering-Price Maturities means those Maturities of the Notes listed in Schedule A hereto as the “Hold-the-Price Maturities.”

  • Offering Period means a period with respect to which the right to purchase Common Stock may be granted under the Plan, as determined by the Committee pursuant to Section 5(a).

  • Trading Price Condition shall have the meaning specified in Section 14.01(b)(i).

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Placing Price means 100 pence per Placing Share;

  • Beginning Price means, with respect to the Company and any other Comparison Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days beginning with the first trading day of the Performance Period. For the purpose of determining Beginning Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the date of distribution.

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Average Trading Price means, with respect to any period, the average of the Market Prices on the last trading day of each full or partial calendar quarter included within such period.