Fair Market Price definition

Fair Market Price means a price not higher than the price at which the securities would be purchased from the customer or from a similarly situated customer in the ordinary course of business by a dealer in such securities in transactions of similar size and having similar characteristics but not involving a security taken in trade.

Fair Market Price means the average value at the relevant time and place (of the requirement to determine the Fair Market Price) to be derived from the average of three independent broker valuations by a broker appointed by Grain Trade Australia, with the valuations to take into account the Grade and variety and taking into account the cost of insurance, levies, taxes, charges, Freight and associated costs.

Fair Market Price means the price established by the committee for goods or services to be purchased from community rehabilitation organizations based upon 1 or more of the following:

Examples of Fair Market Price in a sentence

• Where the Warehouser has outturned its Outturn Entitlement and has benefited from an outturn quantity or quality in excess of that to which it was entitled, the Warehouser will, on demand, compensate Bunge by payment for that excess at Fair Market Price on the day.

• If the Bunge system does not hold sufficient Grain of the type and specification of the Warehouser’s Grain at the time the Warehouser outturns its Outturn Entitlement, Bunge will be entitled to satisfy any such physical shortfall by payment of compensation at the Fair Market Price on the day.

• The Select Guaranteed Sale Program agrees to purchase a Sellers property at a negotiated purchase price that will be roughly 10% less than the estimated Fair Market Price.

• Subject to section 13.3, the withdrawing Limited Partner will be compensated by the remaining Limited Partner for its Units in the Limited Partnership at a Fair Market Price to be agreed by the Limited Partners at their sole discretion, plus a share of retained earnings held by the Limited Partnership or the General Partner at the time of withdrawal based upon the withdrawing Limited Partner’s share of the issued and outstanding Class B Units and the Limited Partnership’s financial statements.

• Such option grants shall be in an exercise price equal to the Fair Market Price (as such term is defined in the Stock Option Plan) per share at the time of the applicable grant, with 20% of such options vesting on the date of grant and tranches of 20% vesting on each anniversary thereof.

More Definitions of Fair Market Price

Fair Market Price means the fair market price per share as determined in arm's-length negotiations by the Company and such other parties (other than affiliates or subsidiaries of the Company) to such transactions as reflected in the definitive documentation with respect thereto, unless such determination is not reasonably related to the closing market price on the date of such determination.

Fair Market Price means the closing price (or closing bid price) for the Common Stock on the Trading Day immediately preceding the date on which the price is being determined.

Fair Market Price means the highest closing sale price on the Composite Tape for New York Stock Exchange-Listed Stocks during the 30-day period immediately preceding the date in question of a share of Common Stock or, if such stock is not quoted on the Composite Tape, on the New York Stock Exchange or, if such stock is not listed on such Exchange, the fair market value on the date in question of a share of such stock as determined by a majority of the Board of Directors in good faith.

Fair Market Price means the highest closing sale price on the Composite Tape for New York Stock Exchange-Listed Stocks during the 30-day period immediately preceding the date in question of a Common Share or, if such Common Shares are not quoted on the Composite Tape, on the New York Stock Exchange or, if such Common Shares are not listed on such Exchange, on the principal United States securities exchange registered under the Securities Exchange Act of 1934 on which such Common Shares are listed, or, if such Common Shares are not listed on any such exchange, the highest closing bid quotation with respect to a Common Share during the

Fair Market Price means the price determined in accordance with the provisions of section 9;

Fair Market Price means a price based on reasonable costs under normal competitive conditions and not on lowest possible cost (see 19.202-6).

Fair Market Price means the agreed price, that price on which the seller, the State Surplus Property Agency and the buyer agree.