Definition of Weighted Average Share Price


Weighted Average Share Price means (i) if the Shares are represented by American Depositary Shares trading in the New York Stock Exchange (a) the volume weighted average of the closing sales prices of the American Depositary Shares for such day; and (b) if there have been no sales of the American Depositary Shares on such exchange on any such day, the average of the highest bid and lowest asked prices for the American Depositary Shares on such exchange at the end of such day; in each case, averaged over thirty (30) consecutive Trading Days ending on the Trading Day immediately prior to consummation of the Permitted Refinancing as to which "Weighted Average Share Price" is being determined; and (ii) if the Shares are no longer listed for trading in the New York Stock Exchange, (a) the volume weighted average of the closing sales prices of the Shares in the Buenos Aires Stock Market (Mercado de Valores de Buenos Aires) for such day; and (b) if there have been no sales of the Shares on such exchange on any such day, the average of the highest bid and lowest asked prices for the Shares on such exchange at the end of such day; in each case, averaged over thirty (30) consecutive Trading Days ending on the Trading Day immediately prior to consummation of the Permitted Refinancing as to which "Weighted Average Share Price" is being determined. Any amounts in Argentine pesos shall be converted into dollars at the at the exchange rate quoted by the Argentine Central Bank (Banco Central de la Republica Argentina) on the Trading Day immediately prior to consummation of the Permitted Refinancing as to which "Weighted Average Share Price" is being determined.

Examples of Weighted Average Share Price in a sentence

The Volume Weighted Average Share Price is defined as the volume weighted average price of trades in ordinary shares on Nasdaq between 9:30 am (EST) and 4:00 pm (EST) adjusted for block, cross and auction trades.