Closing Sale Price Definition Example with 33 Variations
This page contains an example definition of Closing Sale Price, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Closing Sale Price. For any security as of any date, 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 4:00:00 p.m., New York 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 if the foregoing 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, if no last trade price is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the "pink sheets". 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 periodView More
Closing Sale Price. For means, for any security as of any date, the last closing bid price and last closing trade price price, respectively, for such security on the Principal Market, as reported by Bloomberg, L.P., or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price price, as the case may be, then the last bid price or the last trade price price, respectively, of such security prior to 4:00:00 p.m., New York time, as... reported by Bloomberg, L.P., or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing bid price or last trade price price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, L.P., or if the foregoing do not apply, the last closing bid price or last trade price price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, L.P., or, if no closing bid price or last trade price price, respectively, is reported for such security by Bloomberg, L.P., the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the "pink sheets". sheets" by Pink Sheets LLC. If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price Price, as the case may be, of such security on such date shall be the fair market value as mutually determined in good faith by the Company and Board of Directors of 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. Company. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period period. View More
Closing Sale Price. For for any security as of any date, the last closing bid price and last closing trade price price, respectively, 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 bid price or the closing trade price price, as the case may be, then the last bid price or the last trade price price, respectively, of such security prior to 4:00:00 p.m., New York time, as reported by... Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing bid price or last trade price price, respectively, 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 do not apply, the last closing bid price or last trade price price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no closing bid price or last trade price price, respectively, is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the "pink sheets". sheets" by Pink Sheets LLC (formerly the National Quotation Bureau, 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 Price, as the case may be, 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 for any security as of any date, 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 price, then the last trade price of such security prior to 4:00:00 4:00 p.m., New York time, as reported by Bloomberg, or, or if the Principal Market is not the principal securities exchange or trading market for such security, security in the... United States, the last trade price of such security on the principal securities exchange or trading market in the United States where such security is listed or traded as reported by Bloomberg, or if the foregoing do 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, if no last trade price is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, prices of any market makers for such security as reported in the "pink sheets". sheets" by Pink Sheets LLC (formerly the National Quotation Bureau, 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 in accordance with the procedures in Section 13. 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
Closing Sale Price. For for any security as of any date, 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 price, then the last trade price of such security prior to 4:00:00 p.m., 4:00 P.M., New York City 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, Bloomberg Financial Markets, or if the foregoing 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, Bloomberg Financial Markets, or, if no last trade price is reported for such security by Bloomberg, Bloomberg Financial Markets, the average of the bid prices, or the and ask prices, respectively, of any market makers for such security as reported in the "pink sheets". sheets" by 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 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 such dispute 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 resolved pursuant to Section 13. 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 period. View More
Closing Sale Price. For for any security as of any date, 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 price, then the last trade price of such security prior to 4:00:00 p.m., 4:00 P.M., New York City 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, Bloomberg Financial Markets, or if the foregoing 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, if no last trade price is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the "pink sheets". 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 such dispute 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 resolved pursuant to Section 13. 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 period. View More
Closing Sale Price. For means, for any security as of any date, 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 price, then the last trade price of such security prior to 4:00:00 p.m., 4:00 P.M., New York City 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, Bloomberg Financial Markets, or if the foregoing 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, Bloomberg Financial Markets, or, if no last trade price is reported for such security by Bloomberg, Bloomberg Financial Markets, the average of the bid prices, or the and ask prices, respectively, of any market makers for such security as reported in the OTC Link or "pink sheets". 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 such dispute 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 resolved pursuant to Section 13. 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 period. View More
Closing Sale Price. For for any security as of any date, 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 price, then the last trade price of such security prior to 4:00:00 p.m., New York 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 if the foregoing do 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, if no last trade price is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, prices of any market makers for such security as reported in the "pink sheets". 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 pursuant to in accordance with the procedures in Section 13. 14. All such determinations to shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation such period View More
Closing Sale Price. For means, for any security as of any date, 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 price, then the last trade price of such security prior to 4:00:00 p.m., 4:00 P.M., New York City 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, Bloomberg Financial Markets, or if the foregoing 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, if no last trade price is reported for such security by Bloomberg, Bloomberg Financial Markets (such time, the average "Close of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the "pink sheets". Trading"). 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 such dispute the Board of Directors shall use its good faith judgment to determine the fair market value. The Board of Directors' determination shall be resolved pursuant to Section 13. 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 period. View More
Closing Sale Price. For for any security as of any date, the last closing trade price for such security on the Principal Eligible Market, as reported by Bloomberg, or, if the Principal Eligible Market begins to operate on an extended hours basis and does not designate the closing trade price price, then the last trade price of such security prior to 4:00:00 4:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Eligible 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 if the foregoing do 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, if no last trade price is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, prices of any market makers for such security as reported in the "pink sheets". sheets" by Pink Sheets LLC (formerly the National Quotation Bureau, 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 in accordance with the procedures in Section 13. 14. 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
Closing Sale Price. For for any security as of any date, 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 price, then the last trade price of such security prior to 4:00:00 p.m., New York 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 if the foregoing do 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, if no last trade price is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, prices of any market makers for such security as reported in the "pink sheets". pink sheets by OTC 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 pursuant to in accordance with the procedures in Section 13. All such determinations to shall be appropriately adjusted for any stock share dividend, stock share split, stock share combination or other similar transaction during the applicable calculation such period View More
