First L/C Alon Share Price

First L/C Alon Share Price. Shall mean the greater of (i) the average of the daily closing sales prices per share of the Alon Common Stock on the New York Stock Exchange for each trading day during the period commencing on the day 90 days prior to the date of the issuance of the First Letters of Credit and ending on the date of issuance, and (ii) the closing sale price per share of the Alon Common Stock on the New York Stock Exchange on the date of the issuance of the First Letters of Credit.