At-the-Market Transaction

At-the-Market Transaction. Means a Transfer by a Diller Party of any share of Class B Common Stock to a Third Party at a price per share of Class B Common Stock that is no higher than the greater of (x) the last closing sale price of a share of the Common Stock on the NASDAQ (or the principal securities exchange or principal securities market on which the Common Stock is then listed or traded) (the "Market Price") on the last trading day immediately preceding the date that a definitive agreement is entered into with... regard to such Transfer and (y) the Market Price on the last trading day immediately preceding the date that such Transfer is completed. View More