Examples of Trading Day Period in a sentence
If any shares of Common Stock, Options or Convertible Securities are issued or sold for a consideration other than cash, the amount of such consideration received by the Company will be the fair value of such consideration, except where such consideration consists of securities, in which case the amount of consideration received by the Company for each such security will be the VWAP of such security for the five (5) Trading Day Period immediately preceding the date of receipt.
If at any time the Closing Sale Price of the Common Stock is below the Fixed Purchase Price for three consecutive Trading Days, the Company shall have three (3) Trading Days from the last day of such three consecutive Trading Day Period to give written notice (a "Purchase Suspension Notice") to the Buyer suspending any and all purchases by the Buyer under this Agreement.
If an event requiring an adjustment occurs on any Determination Date during the Trading Day Period, the applicable Fixed Daily Settlement Rate calculated for each Determination Date before the event requiring an adjustment occurs will be adjusted in the same manner as the adjustment to the Fixed Daily Settlement Rates for each Determination Date on or after the event requiring an adjustment occurs pursuant to the procedures described above.
Double exposure correlation can be performed at any time after the recording of two or more holograms.
The conversion rights of Payee shall continue to be exercisable during such five Trading Day Period and thereafter until payment is made.
The Company shall pay Contingent Interest in cash to the Holders in respect of any six-month period from and including June 1 to and including November 30 and from and including December 1 to and including May 31, commencing with the six-month period beginning June 1, 2018, if the average Securities Price for the Applicable Five Trading Day Period with respect to such interest period equals 120% or more of $1,000 principal amount of Securities.
Otherwise, the Stock Price shall be the average of the Last Reported Sale Prices of Common Stock over the 10 Trading Day Period ending on the Trading Day preceding the Make-Whole Reference Date.
If the Holder fails to deliver its notice to the Company within such 3 Trading Day Period, the Company may elect to have the provisions of clause (a) or (b) of the preceding sentence apply by delivering written notice to the Holder within Three Trading Days following the expiration of the Holder's notice period.
The Company shall pay Contingent Interest in cash to the Holders in respect of any six-month period from April 15 to October 14 and from October 15 to April 14, commencing with the six-month period beginning April 15, 2010, if the average Securities Price for the Applicable Five Trading Day Period with respect to such interest period equals 120% or more of $1,000 principal amount of Securities.
The amount of contingent interest payable in respect of any Contingent Interest Period will equal 0.125% of the average Trading Price of the Trust PIERS (or the Debentures, as the case may be) over the Five Trading Day Period preceding such Contingent Interest Period.