Share Reference Price definition

Share Reference Price means the simple arithmetic average (rounded to four decimal places, with 0.00005 being rounded upwards) of the daily Share Price on each of the 10 consecutive Scheduled Trading Days (each such Scheduled Trading Day being (subject, where such Scheduled Trading Day is a Disrupted Day, to an adjustment pursuant to Condition 9) an “Initial Averaging Date”), commencing on and including 20 September 2017, as determined in good faith by the Calculation Agent and notified by or on behalf of the Issuer to the Bondholders as soon as practicable (and in any event within five Business Days) following such determination (such notice shall be given in accordance with Condition 17 and shall specify the Share Reference Price, the resulting initial Exchange Price, and the initial Exchange Ratio based on such initial Exchange Price);

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Share Reference Price means the simple arithmetic average (rounded to four decimal places with 0.00005 being rounded upwards) of the daily Share Price on each of the seven consecutive Scheduled Trading Days which are not Disrupted Days commencing on and including 7 April 2016, as determined by the Calculation Agent and notified by the Issuer to the Bondholders as soon as practicable (and in any event within five Milan business days) following such determination (such notice shall be given in accordance with Condition 21 and shall specify the Share Reference Price, the resulting Conversion Price, the initial Conversion Ratio based on that Conversion Price and the Dividend Threshold in respect of each Relevant Period for the purposes of Condition 8(a)(iv)).

Share Reference Price means $4.09.

Examples of Share Reference Price in a sentence

Fosun shall, concurrently with the Closing, subscribe for an aggregate number of NFC Shares (the “Fosun NFC Shares”) equal to US$94,000,000 (the “Fosun Rollover Amount”) divided by the NFC Share Reference Price (i.e., US$10.00), at a subscription price per NFC Share equal to the NFC Share Reference Price.
If the closing price of the Common Stock provided on the Principal Market on the Trading Day the Registration Statement is declared effective is less than the Commitment Share Reference Price, the Company shall issue to the Investor additional shares of Common Stock as Commitment Fee Shares (the “Make-Whole Shares”) promptly following such date as the Registration Statement is declared effective.
On the Pricing Date, Rio Tinto shall have confirmed to Freeport that it is satisfied with the Freeport Share Reference Price.
In lieu of such fractional Parent Share, each holder of Shares otherwise entitled to a fractional interest in a Parent Share will be entitled to receive a cash payment equal to such fractional interest multiplied by the Parent Share Reference Price, rounding down to the nearest whole cent.
For purposes of this Plan of Arrangement, “Equity Award Exchange Ratio” means the sum of (1) the Exchange Ratio, and (2) the quotient (rounded to four decimal places) of (a) the Cash Portion of Consideration, divided by (b) the Parent Share Reference Price.

More Definitions of Share Reference Price

Share Reference Price means $31.82.

Share Reference Price means $9.55.

Share Reference Price means the closing price of the Common Stock on the Nasdaq Global Select Market (the “Principal Market”) on the day following the date of this Agreement. The exchange described in this Section 1.1 is referred to in this Agreement as the “Exchange.”

Share Reference Price means the ten-day volume weighted average price for the Vertex Common Stock ending on and including July 21, 2014, which the Parties agree equals $8.7838 per share of Vertex Common Stock.

Share Reference Price means the volume weighted average of the regular session closing prices per share of the Vertex Common Stock on the NASDAQ Capital Market for the ten (10) consecutive trading days ending on and including the day immediately preceding the Closing Date.

Share Reference Price means in respect of each Share, unless otherwise specified in the definition of the relevant Series in the applicable Final Terms, the price determined by the Calculation Agent in accordance with the formula specified as such in the definition of the relevant Series in the applicable Final Terms, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction unless, in the determination of the Calculation Agent, no such price can be determined and no Market Disruption Event has occurred and is continuing an amount determined by the Calculation Agent as its good faith estimate of the price of the Share on such date having regard to the then prevailing market conditions, the last reported trading price of such Share on the Exchange and such other factors as the Calculation Agent determines relevant, subject to adjustment in accordance with Product Condition 4;

Share Reference Price means $5.62.