Price Event definition

Price Event means the first date (if any) on which the closing price per share of Common Stock on the principal stock exchange, market or inter-dealer quotation system on which shares of Common Stock are then traded is equal to or greater than $24.00 for the thirty (30) consecutive trading days prior to such date.
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Price Event means any of a Forfeiture Event, a $52.17 Price Event or a $62.17 Price Event. (l) "Public Offering" means an offering by the Company or Fremont, after the Date of Grant, of the Company's or Fremont's (as applicable) common stock to the public in a firm commitment underwriting that results in gross proceeds to the Company or Fremont of at least $50,000,000 pursuant to an effective registration statement under the Securities Act or any comparable process under any similar federal statute then in effect. (m) "Public Offering Price Event" means a Public Offering pursuant to which the Stock of the Company is sold for at least $52.17 per share. (n)
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Price Event means (i) in the case of the first Additional Term Loan Advance, the first date (if any) on which all of the following conditions have been satisfied: (1) the closing price per share of Common Stock on the principal stock exchange, market or inter-dealer quotation system on which shares of Common Stock are then traded is equal to or greater than $24.00 (appropriately adjusted for stock splits and combinations, stock dividends and similar transactions) on each of at least thirty (30) consecutive trading days prior to such date; and (2) the Liquidity Conditions have been satisfied; (ii) in the case of the second or the third Additional Term Loan Advance, the first date (if any) on which all of the following conditions have been satisfied: (1) the closing price per share of Common Stock on the principal stock exchange, market or inter-dealer quotation system on which shares of Common Stock are then traded is equal to or greater than three (3) times the Conversion Price for such Additional Term Loan Advance on each of at least thirty (30) consecutive trading days prior to such date; and (2) the Liquidity Conditions have been satisfied.
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Examples of Price Event in a sentence

  • If the Parties are unable to agree on the AESO's proposal or that of the Generator or any of the Other Generators, as the case may be, within thirty (30) days after the Pool Price Event occurs, then the Replacement Price shall be determined by mandatory and binding arbitration, from which there shall be no appeal, with such arbitration to be conducted in accordance with the procedures set out in Schedule 6.

  • These calculations include, but are not limited to, determinations of the Cash Sweep Amount, Daily VWAPs, Fundamental Change Repurchase Price, Event of Default Acceleration Amount, Market Stock Payment Price, Partial Redemption Payments, and accrued interest on the Notes.

  • For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence (an "Exercise Floor Price Event"), then the Exercise Price shall be equal to the Exercise Floor Price.

  • In the event the City reasonably anticipates a Negative Price Event, then the City can request EWEB to suspend part or all of its deliveries via a reduction in the PHP output for the anticipated duration of the Negative Price Event.

  • The Company acknowledges and agrees that the Floor Price Event constitutes an Amortization Event under the Promissory Notes which requires the Company to make monthly cash payments in accordance with Section 1(c) of the Promissory Notes.

  • Upon the occurrence of a Share Price Event Termination the Affected Party shall be the Company and GS&Co. shall be the Non-Affected Party.

  • If a $62.17 Price Event occurs prior to any other Price Event, this Option shall remain in full force and effect as to 100% of the Option Shares.

  • The Conversion Right Holders will promptly confirm to Issuer the aggregate number of SVBFG Other Shares (i) on the date that any Conversion Rights Holder delivers to the Issuer a Conversion Notice in the case of a Voluntary Conversion, (ii) on the date of the Price Event in the case of a Mandatory Conversion, and (iii ) upon Issuer’s written request.

  • Upon a $52.17 Price Event that occurs prior to any other Price Event, this Option shall terminate and expire as to 0% of the Option Shares.

  • In the case of a Closing Price Event, the per share price shall be the closing price of the Company's Common Stock as reported by a national securities exchange or the Nasdaq National Market.


More Definitions of Price Event

Price Event means the first date (if any) on which all of the following conditions have been satisfied: (1) the closing price per share of Common Stock on the principal stock exchange, market or inter-dealer quotation system on which shares of Common Stock are then traded is equal to or greater than $24.00 (appropriately adjusted for stock splits and combinations, stock dividends and similar transactions) for the thirty (30) consecutive trading days prior to such date; and (2) the Liquidity Conditions have been satisfied.
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Related to Price Event

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • Value Adjustment Event means, with respect to any Loan Asset, the occurrence of any one or more of the following events after the related Cut-Off Date:

  • Extraordinary Adjustment Event means any of the following events as they relate to the Reference Instrument:

  • ▇▇▇▇ Event means if there are any Mortgaged Properties at such time, any increase, extension or renewal of any of the Commitments or Loans (but excluding (i) any continuation or conversion of borrowings, (ii) the making of any Loan or (iii) the issuance, renewal or extension of Letters of Credit).