Stock Component definition

Stock Component means the quotient (rounded to the nearest 1/100,000) --------------- determined by dividing $0.25 by the average closing sales price for Premier Common Stock (as hereinafter defined) as reported on The Nasdaq Stock Market, Inc. ("NASDAQ") as published in The Wall Street Journal or, if not published therein, an another authoritative source, for either (i) fifteen (15) consecutive trading days (each, a "Trading Day") immediately preceding the Closing Date or (ii) the thirty (30) consecutive Trading Days ending fifteen (15) Trading Days prior to the Closing Date, whichever yields the lowest number of shares of Premier Common Stock. Notwithstanding any other provision of this Purchase Agreement, if Seller would have otherwise have been entitled to receive a fraction of a share of Premier Common Stock (after taking into account all shares tendered by Seller) he, she or it shall receive, in lieu thereof, cash in an amount equal to the fractional part of the Premier Common Stock multiplied by the "market price" of one share of Premier Common Stock, payable as part of the Purchase Consideration. The "market price" of one share of Premier Common Stock shall be the closing price of such common stock as reported on NASDAQ (as published in the Wall Street Journal or, if not published therein, any other authoritative source) on the last Trading Day preceding the Closing Date.
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Stock Component has the meaning set forth in Section 2.2.
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Stock Component means Six Million Seven Hundred Fifty Thousand (6,750,000) shares of Cathay Common Stock.
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Examples of Stock Component in a sentence

  • Proof Stock Component if required will be positioned at the nominated Proof Establishment minimum one week prior to conduct of Trial Firing.

  • Day and time by which store under testing to be positioned at Proof Establishment by Private industries (Min one week prior to day of conduct of Trial Firing).12.Date by which Proof Stock Component to be provided by the Private industries (If not available with PE and cannot be procured ex OFB/DGOS) (Minimum one week in advance).13.Date by which instruments facilities to be provided by the Private industries (Minimum one week in advance).

  • The Stock Component shall be valued in accordance with the terms of the Plan.

  • The Stock Component will be credited on each dividend payment date for the Company's Common Stock with additional phantom Common Stock units determined by dividing the aggregate cash dividend which would have been paid if the existing phantom Common Stock units were actual shares of the Company's Common Stock by the fair market value of the Company's Common Stock as of the dividend payment date, computed to four decimal places.

  • Payments made from the Account shall first be made from the Stock Component of the Account until such Component has been reduced to zero, and then from the Cash Component.


More Definitions of Stock Component

Stock Component means that number of shares of Buyer Common Stock obtained by dividing €276,000,000 by the Currency Adjusted Stock Value and rounding to the nearest whole number.
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Stock Component. As defined in Section 3.1.2.
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Stock Component that portion, if any, of the Purchase Price that Purchaser elects to pay in Toy Biz Common Stock pursuant to Section 2.2.
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Stock Component shall have the meaning assigned in Section 3.1(b)(ii).
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Stock Component means the 300,000 freely tradable shares of AAC common stock that will be sold by Defendant Jerrod N. Menz in accordance with ¶2.1 below.
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Stock Component means that portion of the Merger Consideration that is paid in Parent Shares.
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Stock Component shall have the meaning given to such term in Section 2.3.2.1.
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