Definition of Purchase Price Sample Clauses

Definition of Purchase Price. In the event of a purchase of any or all of the assets of Candidate, the purchase price to which the fee shall be applied shall include all cash, stock, notes, securities and/or any other consideration of monetary value received by the seller from Prospect or the Prospect Affiliate (as the case may be) at closing. Post-closing adjustments to purchase price shall not be taken into account. In the event of a purchase of any stock of Candidate, the purchase price shall be the price of such stock plus all institutional indebtedness of Candidate, less the total cash or cash equivalents and publicly traded securities owned by Candidate.
AutoNDA by SimpleDocs
Definition of Purchase Price. Section 1(dd) of the Rights Agreement is hereby amended by deleting the reference to “$70.00” and replacing it with a reference to “$21.30.”
Definition of Purchase Price. The definition of Purchase Price set forth in Section 1 of the Agreement is hereby deleted and replaced with the following:
Definition of Purchase Price. For the purpose of this Agreement, “Purchase Price” shall mean the per share closing price of the Common Stock on the day that a Purchase is effected. The closing price for each such day shall be the last reported sales price regular way or, in case no such reported sale takes place on such day, the closing bid price regular way, in either case on the principal national securities exchange on which the Common Stock is listed or admitted to trading or, if the Common Stock is not listed or admitted to trading on any national securities exchange, the highest reported bid price as furnished by the National Association of Securities Dealers, Inc. through NASDAQ or similar organization if NASDAQ is no longer reporting such information, or by the Pink Sheets, LLC or similar organization if the Common Stock is not then quoted on an inter-dealer quotation system. If on any such date the Common Stock is not quoted by any such organization, the fair value of the Common Stock on such date, as determined in good faith by PPTI's Board of Directors (the “Board”), shall be used.
Definition of Purchase Price. For the purpose of this Agreement, “Purchase Price” for each respective Closing shall mean the higher of $0.10 per share or the per share closing price of the Common Stock as listed on AMEX on the day that the Purchase is effected for the Securities to be issued on such Closing. The closing price for each such day shall be the last reported sales price regular way or, in case no such reported sale takes place on such day, the closing bid price regular way, in either case on AMEX or, if not then traded on AMEX, on the principal national securities exchange on which the Common Stock is listed or admitted to trading or, if the Common Stock is not listed or admitted to trading on any national securities exchange, the highest reported bid price as furnished by the Financial Industry Regulation Authority through NASDAQ or similar organization if NASDAQ is no longer reporting such information, or by the Pink Sheets, LLC or similar organization if the Common Stock is not then quoted on an inter-dealer quotation system. If on any such date the Common Stock is not quoted by any such organization, the fair value of the Common Stock on such date, as determined in good faith by CSI's Board of Directors, shall be used.
Definition of Purchase Price. The "PURCHASE PRICE" as used herein shall refer to the fair market value of the Shares, as reasonably determined by the Board of Directors of the Company.
Definition of Purchase Price. The definition ofPurchase Price” in the Rights Agreement (including exhibits) is hereby amended by deleting the prior definition of $400.00 per one one-thousandth of a Preferred Share and replacing such reference with $2.02 per one one-thousandth of a Preferred Share.
AutoNDA by SimpleDocs
Definition of Purchase Price. The second sentence of the definition of "Purchase Price" in Section 1 of the Agreement, which reads as follows: "The Purchase Price shall be calculated based upon a purchase price of $.61332 per unit of one Share and .3
Definition of Purchase Price. The purchase price (the "Purchase Price") for the Assets shall be 105% of net book value of the Assets (book value of the Assets less the Assumed Liabilities, as they are reflected on the books of Seller as of the Effective Date) provided, that for purposes of calculating such net book value (A) the reserve for doubtful accounts shall be equal to $25,000, (B) the reserve relating to the pre-bankruptcy Xxxxxxxxxx Xxxx account receivable shall be equal to seventy percent (70%) of the amount thereof, and (C) the inventory obsolescence and lower of cost or market reserve shall be equal to $200,000. The net book value shall be determined in accordance with generally accepted accounting principles applied
Definition of Purchase Price. As used in this Agreement, the term
Time is Money Join Law Insider Premium to draft better contracts faster.