Pre-Closing Price definition

Pre-Closing Price means the average closing price of the CLNE Stock, as reported on the NASDAQ Stock Market, for the three trading days before the Closing Date.
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Pre-Closing Price means the closing price of WAXS Common Stock as reported on the Nasdaq for the trading day (in which such shares are traded on the Nasdaq) ending at the close of trading on the second (2nd) trading day preceding the Closing.
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Pre-Closing Price shall equal the average VWAP for the five (5) Trading Day period ending on the close of business on the Trading Day prior to the date the Company redeems its Common Stock in connection with the Transaction. For the avoidance of doubt, if the Pre-Closing Price is less than or equal to $10.56, no Additional Fee Shares shall be issued. For the avoidance of doubt, subject to the terms of this Agreement, the Subscriber may be entitled to receive Additional Fee Shares whether or not Subscriber purchases any shares of Common Stock.
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Examples of Pre-Closing Price in a sentence

  • The Exchange Ratio and the Average Pre-Closing Price of Valley Common Stock shall be appropriately adjusted for any stock split, stock dividend, stock combination, reclassification or similar transaction ("Capital Change") effected by Valley with respect to Valley Common Stock between the date hereof and the Effective Time.

  • Cash shall be paid in lieu of fractional shares of HUBCO Common Stock, based upon the Median Pre-Closing Price of HUBCO Common Stock.

  • Cash shall be paid in lieu of fractional shares of HUBCO Common Stock, based upon the Median Pre-Closing Price per whole share of HUBCO Common Stock.

  • The Exchange Ratio and the Average Pre-Closing Price of United Common Stock shall be appropriately adjusted for any stock split, stock dividend, stock combination, reclassification or similar transaction ("Capital Change") effected by United with respect to United Common Stock between the date hereof and the Effective Time.

  • In the Closing Notice, HUBCO shall specify the "Determination Date" for purposes of determining the Median Pre-Closing Price (as hereinafter defined), which date shall be not less than seven business days nor more than ten business days prior to the Closing Date set forth in the Closing Notice.

  • No fractional shares of United Common Stock shall be issued pursuant to the Merger, and, in lieu thereof, each holder of Raritan Common Stock who would otherwise be entitled to a fractional interest will receive an amount in cash determined by multiplying such fractional interest by the Average Pre-Closing Price of United Common Stock.

  • The "Median Pre-Closing Price" shall be determined by taking the price half-way between the Closing Prices left after discarding the 4 lowest and 4 highest Closing Prices in the 10 consecutive trading day period which ends on (and includes) the Determination Date.

  • The "Average Pre-Closing Price of United Common Stock" means the average of the "Closing Prices" (as hereinafter defined) of United Common Stock for the ten consecutive full trading days ending on (and including) the Determination Date.

  • The Exchange Ratio shall be a number between 1.05 and .93, with the exact number determined from the quotient, rounded to the nearest thousandth, obtained by dividing $38.25 by the Median Pre-Closing Price (as defined in Section 2.2(e)) of HUBCO Common Stock, except if the quotient is greater than 1.05, the Exchange Ratio shall be 1.05 and if the quotient is less than .93, the Exchange Ratio shall be .93.

  • In the Closing Notice, HUBCO shall specify the "Determination Date" for purposes of determining the Median Pre-Closing Price (as hereinafter defined), which date shall be the first date on which all bank regulatory approvals (and waivers, if applicable) necessary for consummation of the Merger have been received (disregarding any waiting period) and either party has notified the other in writing that all such approvals (and waivers, if applicable) have been received.