Definition of Northrim Average Share Price


Northrim Average Share Price means the volume weighted average closing price of Northrim Common Stock (rounded to four decimals) as reported on the Nasdaq Stock Exchange reporting system (based on "regular way" trading) for the fifteen (15) trading days ending on the day which is the fifth (5th) trading day preceding the anticipated date that the Effective Time is to occur (the "Northrim Measuring Period"), whether or not trades occurred on those days.
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Examples of Northrim Average Share Price in a sentence

Aggregate Common Stock Share Consideration means the product, expressed as a dollar amount, of (x) the Total Stock Amount, multiplied by (y) the Northrim Average Share Price.