Market Price Definition Example with 9 Variations

This page contains an example definition of Market Price, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Market Price. Shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices per share for the last ten previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten previous Trading Days as set forth by Nasdaq or (iii) if clauses (i) and (ii) are not applicable, the average of the closing bid price per... share for the last ten previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. View More Arrow

Variations

Market Price. Shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices price per share for the last ten previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, such exchange, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or (iii) if clauses (i) and (ii) are not applicable, the average of... the closing bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. Pink Sheets®. Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten (10) Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
Market Price. Shall shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices per share for the last ten previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten previous Trading Days as set forth quoted by Nasdaq or (iii) if clauses (i) and (ii) are not applicable, the average of the closing bid... price per share for the last ten previous Trading Days as set forth in the National Quotation Bureau sheet listing OTC Markets, Inc. for such securities. Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. View More Arrow
Market Price. Shall shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices per share for the last ten five previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, the OTCBB or other Eligible Market, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or (iii) if clauses (i) and (ii) are not... applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. Pink Sheets(R). Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten (10) Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
Market Price. Shall shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices per share for the last ten five previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, the OTCBB or other Trading Market, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or (iii) if clauses (i) and (ii) are not... applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. Pink Sheets(R). Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
Market Price. Shall shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices per share for the last ten five previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, the OTCBB or other Trading Market, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or (iii) if clauses (i) and (ii) are not... applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. Pink Sheets(R). Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten (10) Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
Market Price. Shall mean means, as to any security, (i) if the principal trading market for such securities security is an exchange, the average of the last reported sale prices per share for the last ten previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or (iii) if clauses (i) and (ii) are not applicable,... the average of the closing bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. security. Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
Market Price. Shall shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices per share for the last ten five previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or (iii) if clauses (i) and (ii) are not applicable, the average of the closing... bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
Market Price. Shall mean means, as to any security, (i) if the principal trading market for such securities security is an exchange, the average of the last reported sale prices per share for the last ten five previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or on the OTC Bulletin Board or (iii) if clauses... (i) and (ii) are not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. security. Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
Market Price. Shall shall mean (i) if the principal trading market for such securities is an exchange, the average of the last reported sale prices per share for the last ten five previous Trading Days in which a sale was reported, as officially reported on any consolidated tape, (ii) if clause (i) is not applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth by Nasdaq or on the OTC Bulletin Board, or (iii) if clauses (i) and (ii) are not... applicable, the average of the closing bid price per share for the last ten five previous Trading Days as set forth in the National Quotation Bureau sheet listing for such securities. Notwithstanding the foregoing, if there is no reported sales price or closing bid price, as the case may be, on any of the ten Trading Days preceding the event requiring a determination of Market Price hereunder, then the Market Price shall be determined in good faith after reasonable investigation by resolution of the Board of Directors of the Company. Company, based on the best information available to it. View More Arrow
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