Minimum Acceptable Price definition

Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.
Minimum Acceptable Price or “MAP” shall mean the minimum price notified by the Company to the Investor in each Advance Notice, if applicable.
Minimum Acceptable Price with respect to any Put Notice Date shall be the price defined by the Company in the applicable Put Notice.

Examples of Minimum Acceptable Price in a sentence

  • If no Minimum Acceptable Price is specified in an Advance Notice, then no Minimum Acceptable Price shall be in effect in connection with such Advance.


More Definitions of Minimum Acceptable Price

Minimum Acceptable Price means the minimum price notified by the Company to the Investor in each Advance Notice, if applicable.
Minimum Acceptable Price means a price of the Company's Common Stock as determined by the Company on the Advance Notice Date of which the Investor shall be advised of in writing simultaneously with the Advance Notice.
Minimum Acceptable Price with respect to any Put Notice Date shall mean 75% of the average of the closing bid prices for the fifteen (15) Trading Day period immediately preceding such Put Notice Date.
Minimum Acceptable Price or “MAP” shall be 90% of the last closing price of the Ordinary Shares on the Principal Market at the time of delivery of each Advance Notice.
Minimum Acceptable Price means seventy five percent (75%) of the lowest Closing Bid Price of the Company's Common Stock for the twenty (20) Trading Days prior to a relevant Advance Notice Date.
Minimum Acceptable Price with respect to any Draw Down Notice shall mean that price selected by the Company and stated in the applicable Draw Down Notice.
Minimum Acceptable Price shall have the meaning set forth in Section 2.01(e).