Share Price definition
Examples of Share Price in a sentence
If at any time prior to December 31, 2023 (the “Expiration Date”) (a) the Company has in excess of $7 million in cash or cash equivalents on its balance sheet (“Exercise Threshold”) and (b) a stock repurchase would be permissible pursuant to the laws of the State of Delaware, HCWC may in its sole discretion elect to require the Company to repurchase all or a portion of the Shares at the Share Price (the “Put Right”).
Upon payment by Contango or CallCo, as the case may be, of the Exchangeable Share Price, the relevant Beneficiary shall cease to have any right to be paid any amount in respect of declared and unpaid dividends or other distributions on each such Exchangeable Share by the Acquiror and the Acquiror shall cease to be obligated to pay any amount in respect of such dividends or other distributions.