Bid Price Definition Example with 9 Variations

This page contains an example definition of Bid Price, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Bid Price. Means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading... Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow

Variations

Bid Price. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is Shares are then listed or quoted on a Trading Market, the bid price of the Common Stock Shares for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is Shares are then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if... OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock Share for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock Shares are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock Share so reported, or (d) in all other cases, the fair market value of a share of Common Stock Share as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
Bid Price. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is Shares are then listed or quoted on a Trading Market, the bid price of the Common Stock Shares for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is Shares are then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if... OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock Shares for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock Shares are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock Share so reported, or (d) in all other cases, the fair market value of a share of Common Stock Share as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
Bid Price. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is Shares are then listed or quoted on a Trading Market, the bid price of the Common Stock Shares for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is Shares are then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if... OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock Shares for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock Shares are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock Shares so reported, or (d) in all other cases, the fair market value of a share of Common Stock Shares as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
Bid Price. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is Shares are then listed or quoted on a Trading Market, the bid price of the Common Stock Shares for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is Shares are then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if... OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock Share for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock Shares are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock Share so reported, or (d) in all other cases, the fair market value of a share of Common Stock Share as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. 1 View More Arrow
Bid Price. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) (i) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York, New York City time) to 4:02 p.m. (New York, New York City time)), (b) (ii) if... OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) (iii) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) (iv) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
Bid Price. Means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is Shares are then listed or quoted on a Trading Market, the bid price of the Common Stock Shares for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is Shares are then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or... OTCQX is not a Trading Market, the volume weighted average price of the Common Stock Shares for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock Shares are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock Share so reported, or (d) in all other cases, the fair market value of a share of Common Stock Share as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
Bid Price. Means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is Shares are then listed or quoted on a Trading Market, the bid price of the Common Stock Shares for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is Shares are then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or... OTCQX is not a Trading Market, the volume weighted average price of the Common Stock Shares for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock Shares are then reported on the The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock Shares so reported, or (d) in all other cases, the fair market value of a share of Common Stock Shares as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
Bid Price. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB OTCQB® Venture Market or ... class="diff-color-red">OTCQX OTCQX® Best Market is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market OTC Markets Group Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
Bid Price. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB Venture Market or OTCQX Best Market is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market OTC Markets Group. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
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