Examples of Principal Stock Exchange in a sentence
Fair Market Value means, on any given date, the reported “closing” price of a share of Common Stock on the NASDAQ National Market System or the Principal Stock Exchange on which the Common Stock is traded, or if the Common Stock was not so traded on such day, then on the next preceding day that the Common Stock was so traded.
Investment in debentures and bonds are valued at the closing market rate as on the date of valuation and, in its absence, at the latest quote available during a period of fifteen days prior to the valuation date provided there is an individual trade in that security in marketable lot (presently Rs.5 Crore) on the Principal Stock Exchange or any other Stock Exchange.
Upon making a Subscription Payment to BEPC, BEPC shall issue a number of Class C Shares equal to the cash amount of the Subscription Payment divided by the volume-weighted average of the trading price for one Class A Share on the Principal Stock Exchange for the five trading days immediately preceding the Subscription Payment Date.
After the Required Approval, the Company shall promptly list on the Principal Stock Exchange a sufficient number of shares of Class A Common Stock to enable the conversion of all Series A Preferred Shares.
In case of securities which are not traded on the Principal Stock Exchange / any other exchange, the inter-Scheme transfers will be affected based on fair valuation to be arrived at by AMC with the approval of the Trustee.