Examples of Initial Market Price in a sentence
Initial Market Price of a Share on a day means the weighted average of the prices at which Shares in that class were traded on the stock market of ASX during the one month period up to and including that day.
World Food Programme, Vulnerability Analysis and Mapping (VAM)-Af- ghanistan, Initial Market Price Bulletin for the month of December 2014.” World Food Programme, January 2015,http://documents.wfp.org/stellent/ groups/public/documents/ena/wfp271447.pdf.
Notwithstanding anything to the contrary contained in this Article V, in the event that the Average Daily Price of the Common Stock, as reported by the Reporting Service, for each day of the month ending on any Determination Date is below the Initial Market Price of the Common Stock as of the Issue Date, Borrower may, at its option, prepay a portion of the outstanding principal amount of this Note equal to the principal amount hereof divided by twelve (12) plus one month’s interest.
Notwithstanding anything to the contrary contained in this Article V, in the event that the Average Daily Price of the Common Stock, as reported by the Reporting Service, for each day of the month ending on any Determination Date is below the Initial Market Price, the Borrower may, at its option, prepay a portion of the outstanding principal amount of the Notes equal to 104% of the principal amount hereof divided by thirty-six (36) plus one month’s interest.