Initial Index Price definition

Initial Index Price means the sum of each per share closing price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transactions reporting system for the market or exchange on which such common stock is principally traded, on the trading day immediately preceding the public announcement of the Agreement.
Sample 1Sample 2Sample 3
Initial Index Price has the meaning set forth in Section 7.01(i).
Sample 1Sample 2Sample 3
Initial Index Price means the average of the closing prices of the Index for the ten (10) consecutive trading days immediately preceding the date of this Agreement.
Sample 1Sample 2Sample 3

Examples of Initial Index Price in a sentence

  • If a company is excluded from the list of Index Companies, then the Initial Index Price and the Final Index Price shall be calculated as if the excluded company had not originally been included in the list of companies.

  • By NorthStar, by written notice to Frontier on the business day immediately following the Determination Date, in the event that (i) the Frontier Average Closing Price is less than $22.81, and (ii) the number obtained by dividing the Frontier Average Closing Price by $28.51 is less than the number obtained by (x) dividing the Final Index Price (as defined below) by the Initial Index Price (as defined below), and then (y) multiplying the quotient so obtained by 0.90.

  • The "Initial Index Price" means the average of the closing prices per share of each of the common stocks of the Index Companies (defined below) as reported on NYSE, The Nasdaq Stock Market ("NASDAQ"), or the American Stock Exchange ("AMEX") on September 9, 1999 ("Initial Index Date").

  • The number obtained by dividing the Average Closing Price by the Mackinac Initial Price is greater than the number obtained by (x) dividing the Final Index Price by the Initial Index Price (the "Index Ratio") and (y) then increasing the Index Ratio by 0.20, the Exchange Ratio shall be adjusted such that the Exchange Ratio shall equal the number derived by multiplying the Exchange Ratio by the quotient obtained by dividing (i) the Maximum Adjustment Price by (ii) the Average Closing Price.

  • The Initial Index Price computed as of a recent date is presented in Exhibit B as an illustration of the method of computation, but is subject to adjustment as provided in Sections 2.2.6 (INDEX ADJUSTMENTS).


More Definitions of Initial Index Price

Initial Index Price means the closing value of the Index on the date of this Agreement.
Sample 1Sample 2Sample 3
Initial Index Price means the closing price of the Nasdaq Bank Index as of the Starting Date.
Sample 1Sample 2Sample 3
Initial Index Price means the closing value of the Index on the date immediately prior to the date of this Agreement.
Sample 1Sample 2Sample 3
Initial Index Price means the sum of the per share closing sales price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transaction reporting system for the market or exchange on which such common stock is principally traded on the trading day immediately preceding the public announcement of this Agreement.
Sample 1Sample 2Sample 3
Initial Index Price means $3,569.16.
Sample 1Sample 2Sample 3
Initial Index Price means the average of the Index Prices for the ten (10) consecutive Trading Days ending on the last Trading Day immediately preceding the date of the first public announcement of entry into this Agreement.
Sample 1Sample 2Sample 3
Initial Index Price means $106.25.
Sample 1Sample 2Sample 3