Random Trading Days definition

Random Trading Days means the ten trading days selected by lot out of the twenty trading days ending with the second complete trading day prior to the Closing Date (not counting the Closing Date) (such twenty trading day period is referred to herein as the "Valuation Period"). The Random Trading Days shall be selected by lot by the Company and Parent at 5:00 p.m., New York time, on the second complete trading day prior to the date they select as the Closing Date pursuant to Section 1.02.
Random Trading Days means the ten (10) trading days selected by lot out of the twenty (20) trading days ending on and including the second trading day preceding the Effective Time. The Random Trading Days shall be selected by lot by designated representatives of Parent and the Company at 5:00 p.m. Boston time on the second trading day preceding the Effective Time. "Daily Volume Weighted Average Price" shall mean the daily volume weighted average price based on trading between 9:30 a.m. and 4:00 p.m. Eastern Time as reported by Bloomberg Financial L.P. For purposes of this Agreement, if after the date of this Agreement and on or prior to the Closing Date the outstanding shares of Parent Common Stock or Company Common Stock shall be changed into a different number of shares by reason of any reclassification, recapitalization, stock split, reverse stock split, combination or exchange of shares or any dividend within such period, or any similar event shall occur, the Exchange Ratio shall be adjusted accordingly to provide to the shareholders of the Company the same economic effect as contemplated by this Agreement absent such reclassification, recapitalization, stock split, reverse stock split, combinations, exchange, dividend or similar event.
Random Trading Days means the 15 trading days Parent and the Company shall select by lot out of the 30 trading days ending on and including the second trading day immediately prior to the Closing Date.

Examples of Random Trading Days in a sentence

  • The Random Trading Days shall be selected by lot by the Company and Parent at 5:00 p.m., New York time, on the second complete trading day prior to the date they select as the Closing Date pursuant to Section 1.02.

  • Parent and the Company shall select the Random Trading Days at 5:00 p.m. New York time on such fifth trading day.

  • For purposes of this Section, "Market Price" per share of Parent Common Stock shall be the average closing price per share of Parent Common Stock on the Nasdaq for the ten trading days selected by Parent and the Company by lot out of the 20 trading days ending on and including the fifth trading day prior to the Effective Time (the "Random Trading Days").

  • The Random Trading Days shall be selected by lot by Acquiror and the Company at 5:00 p.m. New York time on the fourth trading day preceding the Closing Date.

  • Acquiror agrees not to make market purchases during the Random Trading Days and to terminate the Repurchase Program no later than six months after the Closing Date.

  • The term "Average Buyer Price" shall mean the average closing price of Buyer Common Stock on the New York Stock Exchange (the "NYSE") for fifteen trading days selected by lot out of the forty trading days ending on and including the third trading day prior to the Closing Date (the "Random Trading Days").

  • Buyer agrees not to make purchases during the Random Trading Days.


More Definitions of Random Trading Days

Random Trading Days and "Trading Day" in their entirety.
Random Trading Days means the 20 Trading Days selected by Acquiror by ------------------- lot (through a method reasonably satisfactory to the Company) from the 30 Trading Days ending on the fourth Trading Day prior to the Closing Date.
Random Trading Days means the 10 trading days of Parent ADSs that are selected by lot in the manner described in the next two sentences out of the 20 trading days of Parent ADSs ending on and including the 2nd trading day preceding the Effective Time. The Random Trading Days shall be selected by Parent and the Company, with a representative of Parent selecting 5 of those trading days on a blind basis and a representative of the Company selecting 5 of those trading days on a blind basis, and with each such Person alternating its blind selections. This blind selection process shall take place at a location that is reasonably acceptable to Parent and the Company at 5:00 p.m., Pacific Coast time on the 2nd trading day preceding the Effective Time.
Random Trading Days means the 20 Trading Days selected by Acquiror by lot (through a method reasonably satisfactory to the Company) from the 30 Trading Days ending on the fourth Trading Day prior to the Closing Date.
Random Trading Days has the meaning set forth in Section 1.02(d).
Random Trading Days means the ten trading days selected by lot out of the twenty trading days ending on and including the fifth trading day preceding the Effective Time. The Random Trading Days shall be selected by lot by Acquiror and the Company at 5:00 p.m. New York time on the fourth trading day preceding the Closing Date.