Share Price Trigger definition

Share Price Trigger means the occurrence at any time during an Unwind Period of a date on which the traded price per Share on the Exchange is less than or equal to 50% of the Initial Forward Price.

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Share Price Trigger means: 40% of the Initial Price on the original Trade Date but such dollar amount will be accreted monthly from the Trade Date at a rate of 7% per annum calculated on a semi annual Actual/360 basis through the remaining term of this Transaction.

Share Price Trigger means the occurrence at any time during an Unwind Period of a date on which the traded price per Share on the Exchange is less than or equal to USD [•].3

Examples of Share Price Trigger in a sentence

In the event that the Escrow Agent continues to hold any Additional Escrowed Shares upon termination of the Share Price Trigger Period, the Escrow Agent shall return such shares of Parent Common Stock to Parent for cancellation.
The Additional Escrowed Shares shall continue to be held by the Escrow Agent until the earliest of their distribution pursuant to this Section 2.15(e) or Section 2.15(f) below, the return of Additional Escrowed Shares to Parent pursuant to Section 2.15(k) below or the termination of the Share Price Trigger Period.
Subject to Section 3 below, if the Share Price on any Trigger Date during the Win State Payment Period is equal to or greater than any Share Price Trigger then the Company shall notify the Stockholders within twenty (20) business days of the occurrence of such Trigger Date.
For the avoidance of doubt and notwithstanding anything contained in this Agreement, no more than fifty percent (50%) of the Sponsor Earnout Shares shall become fully vested for each Share Price Trigger that has been achieved.
Notwithstanding anything contained in this Agreement, if the First Share Price Trigger is not satisfied during the Two-Year Earnout Period but the Second Share Price Trigger is satisfied during the Three-Year Earnout Period, Acquiror shall issue to the Pre-Closing Stockholders their Pro Rata Portion of a one-time payment of the Stockholder Earnout Shares.
If the Company Share Price Trigger reaches $[[*]x Initial Financing price per share], then the Company shall owe Columbia [*]% of Proceeds from the Transaction and not [*]% + [*]% of Proceeds from the Transaction.
If the Share Price on such Trigger Date is equal to or greater than any of the values of the Share Price Trigger values, the Company shall be obligated to pay the applicable Win State Payment to the Stockholders.
Provided, however, that the First Share Price Trigger, the Second Price Trigger, and the Third Price Trigger shall be deemed to have occurred only if such relevant Share Price shall have remained during any twenty (20) Trading Days during any thirty (30) consecutive Trading Day period at any time during the period commencing on the Closing and ending on the fourth anniversary thereof..
Any remaining Additional Escrowed Shares shall continue to be held by the Escrow Agent until the termination of the Share Price Trigger Period.
For the avoidance of doubt, if the Company implements a “2-for-1 stock split”, then the Company Share Price Trigger shall be reduced by fifty percent.

More Definitions of Share Price Trigger

Share Price Trigger means that, for four business days in a twenty consecutive business day period, the closing price of shares of New Mirant common stock (adjusted for any stock splits occurring after the date of the Agreement), as reported by the New York Stock Exchange, is less than Sixteen Dollars ($16.00) per share.

Share Price Trigger has the meaning specified in Section 3.7(a).

Share Price Trigger means the occurrence at any time during an Unwind Period of a date on

Share Price Trigger has the meaning set forth in Section 2.10.

Share Price Trigger means the Share Price values set forth on Schedule B.

Share Price Trigger means, with respect to a Transaction as of any date of determination, unless otherwise specified in the Confirmation for such Transaction, the greater of $24 per share and 55% multiplied by the weighted average of the Tranche Prices Per Share for each Tranche Amount for such Transaction accumulated on or prior to such date.