Volume-Weighted Average Closing Price definition

Volume-Weighted Average Closing Price means, for purposes of any issuance of Buyer Shares pursuant to this Agreement, the volume weighted (based on the number of Buyer Shares traded on each day that the closing price is used in this calculation) average of the closing sale prices of Buyer Shares on the Nasdaq Stock Market for the 30 consecutive trading days ending on the trading day that is two trading days prior to the date of issuance of such Buyer Shares.
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Volume-Weighted Average Closing Price means, for any period of Trading Days, the volume-weighted (based on the number of shares of Common Stock traded on each day that the closing price is used for this calculation) average of the closing sale price per share of the Common Stock on the relevant Trading Market during such period.
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Volume-Weighted Average Closing Price means the volume-weighted (based on the number of shares of LXL Media’s common stock traded on each day that the closing price is used in this calculation) average of the closing sale prices per share of LXL Media’s common stock on the securities exchange or automated quotation system where LXL Media’s common stock is then listed or quoted, as applicable, for the ten (10) consecutive trading days ending on the last trading day immediately preceding the closing of the Acquisition.”
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Examples of Volume-Weighted Average Closing Price in a sentence

  • On each of the first anniversary and second anniversary of the Closing Date (each such anniversary, a “Reset Date”), if the Volume Weighted Average Closing Price of the Company’s Ordinary Shares during any consecutive 40-Trading Day period in the 12 months preceding the relevant Reset Date (the “Reference Price”) is below 85% of the Initial Conversion Price, the Conversion Price shall be adjusted to 115% of such Reference Price.


More Definitions of Volume-Weighted Average Closing Price

Volume-Weighted Average Closing Price means, with respect to any consecutive 40- Trading Day period, the sum of the Weighted Closing Prices for each trading day during such period, where: ny-2522610.14A
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Volume-Weighted Average Closing Price means, with respect to any consecutive 40-Trading Day period, the sum of the Weighted Closing Prices for each trading day during such period, where:
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Volume-Weighted Average Closing Price means the number obtained when the value of the Common Shares (price times the number of shares traded) traded on the Exchange during the five (5) trading days immediately preceding the Conversion Date, Interest Payment Date, Payment Date or the date notice of the relevant transaction is issued by the Borrower to the Lender, as applicable, is divided by the total number of Common Shares traded during such five (5) trading days’ period.
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Volume-Weighted Average Closing Price means the number obtained when the value of the Common Shares (price times the number of shares traded) traded on the Exchange during the five (5) trading days immediately preceding the Exchange Date is divided by the total number of Common Shares traded during such five (5) trading days’ period.
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Volume-Weighted Average Closing Price means the weighted average closing price per share of the Parent’s common stock, as reported on the primary exchange on which such common stock is traded or quoted, for the thirty (30) trading days preceding the date of this Agreement, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to Parent’s common stock.
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Related to Volume-Weighted Average Closing Price

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Weighted Average Spread means, as of any day, the number expressed as a percentage equal to (i) the Aggregate Funded Spread divided by (ii) the Aggregate Eligible Collateral Obligation Amount (excluding any interest that has been deferred and capitalized on any Deferrable Collateral Obligation).

  • Weighted Average Life Test means, as of any date of determination, that the Weighted Average Life of all Eligible Loan Assets is equal to or less than 6.0 years.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Weighted Average Life means, as of any date, with respect to any debt security, the quotient obtained by dividing (i) the sum of the products of the number of years from such date to the dates of each successive scheduled principal payment (including any sinking fund payment requirements) of such debt security multiplied by the amount of such principal payment, by (ii) the sum of all such principal payments.