20-Day Average Price
means the average (rounded to nearest 1/10,000), of the volume weighted averages (rounded to the nearest 1/10,000), of the trading prices of the Parent Common Stock on the New York Stock Exchange, Inc. (the "NYSE") as reported by Bloomberg Financial Markets (or such other source as the parties shall agree in writing) for each of the 20 consecutive trading days ending on and including the second trading day prior to the Closing Date.
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20-Day Average Price
means, with respect to any date, the average (rounded to nearest 1/10,000), of the volume weighted averages (rounded to the nearest 1/10,000), of the trading prices of Buyer Common Stock on the New York Stock Exchange, Inc. (the “NYSE”) as reported by Bloomberg Financial Markets (or such other source as the parties shall agree in writing) for each of the 20 consecutive trading days ending on and including the second trading day prior to the first public announcement of an agreement or letter of intent with respect to a Buyer Acquisition, or, if subsequent to such date, the terms of such transaction are substantively changed, the date of the first public announcement of such changed terms.
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Examples of 20-Day Average Price in a sentence
Based on WMCB's 20-Day Average Price as of October 30, 2020 of $7.66 Stock Price Performance of PBCO and WMCB D.A. Davidson reviewed the history of the reported trading prices and volume of PBCO and WMCB common stock and certain stock indices, including the Russell 3000 and the KBW Nasdaq Regional Bank Index.
Instead of any fractional shares of Class A Common Stock that would otherwise be issuable to any such holder, the Company shall pay to such holder in respect of such fractional interest in an amount in cash equal to the product of (x) such fractional interest and (y) the 20-Day Average Price applicable to such payment.
More Definitions of 20-Day Average Price
20-Day Average Price
means, at any date, the average of the Daily Prices for the 20 consecutive Business Days ending two Business Days before such date.
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20-Day Average Price
means the arithmetic average of the closing price of the Parent Stock on each trading day during the twenty consecutive trading days ending the date two Business Days prior to the Closing Date.
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20-Day Average Price
means the average (rounded to nearest 1/10,000, or if there shall not be a nearest 1/10,000, to the next highest 1/10,000) of the volume weighted averages (rounded to the nearest 1/10,000, or if there shall not be a nearest 1/10,000, to the next highest 1/10,000) of the trading prices of the Acquiror Stock on the New York Stock Exchange, Inc. (the "NYSE") as reported by Bloomberg Financial Markets (or such other source as the parties shall agree in writing) for each of the 20 consecutive trading days ending on and including the second trading day prior to the Closing Date;
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20-Day Average Price
means the average closing price of a share of Parent Common Stock for the twenty (20) consecutive trading days beginning on the twenty-second (22nd) trading day prior to the Closing Date.
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20-Day Average Price
means the average closing price of a share of Parent Common Stock for the twenty (20) trading days beginning on the twenty-second (22nd) trading day prior to the Effective Time and ending on the third (3rd) trading day prior to the Effective Time, as reported on the New York Stock Exchange.
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20-Day Average Price
means the volume weighted average (rounded to the nearest 1/10,000, or if there shall not be a nearest 1/10,000, to the next highest 1/10,000) of the daily volume weighted average price of a share of Parent Common Stock on the NYSE as reported by Bloomberg Financial Markets (or such other source as the parties shall agree in writing) for each of the twenty (20) consecutive trading days ending on the fifth trading day prior to the Closing Date.
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20-Day Average Price
means, with respect to a specified date, the average closing price of a share of Stock for the twenty (20) business days ending on and including such reference date.
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