Closing Sale Price Definition Example with 70 Variations
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Closing Sale Price. For any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00 p.m., New York time, as reported by Bloomberg, or (ii) if the foregoing does not apply, the last trade price of such security in the over-the-counter market for such security as reported... by Bloomberg, or (iii) if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported by the OTC Markets. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period.View More
Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00 4:00:00 p.m., New York time, Time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade... price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or (ii) if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported in the "pink sheets" by the OTC Markets. Markets Inc. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 13. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For means, for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg Financial Markets, or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg Financial Markets, or (ii)... if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin 1 board for such security as reported by Bloomberg, or (iii) if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported by the OTC Bloomberg Financial Markets. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined in good faith by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value. The Board of Directors' determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, Nasdaq, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00 p.m., New York time, as reported by Bloomberg, Nasdaq, or (ii) if the foregoing does not apply, the last trade price of such security in the over-the-counter market for such... security as reported by Bloomberg, Nasdaq, or (iii) if no last trade price is reported for such security by Bloomberg, Nasdaq, the average of the bid and ask prices of any market makers for such security as reported by the OTC Markets. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For means, for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg Financial Markets, or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security immediately prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg Financial... Markets, or (ii) if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) Bloomberg Financial Markets, or, if no last trade price is reported for such security by Bloomberg, Bloomberg Financial Markets, the average of the last bid and ask prices of any market makers for such security as reported on OTC Pink (also known as the "pink sheets") by the OTC Markets. Markets, Inc. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value of such security on such date. The Board of Directors' determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For means, for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg Financial Markets, or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg Financial Markets, or (ii)... if the foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported by the OTC Bloomberg Financial Markets. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value. The Board of Directors' determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the last trade... price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported by the OTC Markets. in The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 15. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination combination, or other similar transaction during the applicable calculation period. such period View More
Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg Financial Markets, or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg Financial Markets, or (ii) if the... foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) Bloomberg Financial Markets, or, if no last trade price is reported for such security by Bloomberg, Bloomberg Financial Markets, the average of the bid and ask prices prices, of any market makers for such security as reported by in the OTC Markets. Link or "pink sheets" by OTC Markets Group Inc. (formerly OTC Markets Inc.). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value. The determination of the Board of Directors of the Company shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg L.P., or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg L.P., or (ii) if the foregoing does security... is not apply, listed for trading on a national securities exchange or other trading market on the relevant date, the last trade quoted bid price of such for the security in the over-the-counter market for such security on the relevant date as reported by Bloomberg, OTC Markets Group Inc. (or a similar organization or (iii) if no last trade price is reported for such security by Bloomberg, the average agency succeeding to its functions of the bid and ask prices of any market makers for such security as reported by the OTC Markets. reporting prices). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value. The Board of Directors' determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, Trading Market for such security, as reported by Bloomberg, Bloomberg Financial Markets, or, if the such Principal Trading Market begins to operate on an extended hours basis and does not designate the closing last trade price, then the last trade price of such security prior to 4:00 p.m., P.M., New York City time, as reported by Bloomberg, Bloomberg Financial Markets, or (ii) if the... foregoing does do not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported by the OTC Bloomberg Financial Markets. If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then the Board of Directors of the Company shall use its good faith judgment to determine the fair market value. The Board of Directors' determination shall be binding upon all parties absent demonstrable error. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. View More
Closing Sale Price. For for any security as of any date, (i) the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or (ii) trading market for such security, the last trade... price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or (iii) or, if no last trade price is reported for such security by Bloomberg, the average of the bid and ask prices of any market makers for such security as reported in the pink sheets by the OTC Markets. Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 15. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period. such period View More
