Adjusted Market Value means the average of the daily Closing Prices of a unit of such securities for the thirty consecutive Trading Days ending on and including the Determination Date, minus $1.00, and provided, -------- further that if the context in which this defined term is used is with respect ------- to property other than securities, then "Adjusted Market Value" means the Fair Market Value of the amount of such property distributable in respect of one share of Common Stock.
Adjusted Market Value means the average of the daily Closing Prices of a share of Common Stock for the thirty consecutive Trading Days ending on and including the Determination Date, minus $1.00; provided, that if the context in -------- which this defined term is used is with respect to securities other than shares of Common Stock, then "Adjusted Market Value" means the average of the daily Closing Prices of a unit of such securities for the thirty consecutive Trading Days ending on and including the Determination Date, minus $1.00, and provided, -------- further that if the context in which this defined term is used is with respect ------- to property other than securities, then "Adjusted Market Value" means the Fair Market Value of the amount of such property distributable in respect of one share of Common Stock.
Adjusted Market Value means the value calculated based on the average market value of the shares of Common Stock issued and outstanding at Listing over the thirty (30) trading days beginning one hundred eighty (180) days after the shares of Common Stock are first listed or included for quotation.
Examples of Adjusted Market Value in a sentence
If any fraction of a Warrant Share would, except for the provisions of this Section 3.6, be issuable on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the sum of (i) the Adjusted Market Value for one Warrant Share and (ii) $1.00, multiplied by such fraction, rounded upwards or downwards, as the case may be, to the nearest whole cent.
No fractional Warrant Shares will be issued upon the exercise of the Warrants, but the Company shall pay an amount in cash equal to the Adjusted Market Value for one Warrant Share on the Determination Date, multiplied by such fraction, computed to the nearest whole cent.
The Bank, to secure the timely payment of Uninsured Deposits heretofore or hereafter made by the Local Government, including any interest due, thereon, shall provide the Local Government with Eligible Collateral having an Adjusted Market Value equal to the Collateral Requirement.
Such confirmation shall identify the specific securities which are the subject of the confirmation and state both the Market Value and Adjusted Market Value thereof.
A primary non-contributing endorsement evidencing that CMAR’s insurance is primary and any insurance or self-insurance maintained by the County of Orange, the City of Santa Ana or State of California, shall be excess and non-contributing.
More Definitions of Adjusted Market Value
Adjusted Market Value means, in a case where the site on which a house was built was provided to the housing authority by the purchaser for a nominal sum, the market value of the house excluding an amount equal to the excess (if any) of the market value of the site over such sum;
Adjusted Market Value means, with respect to any item of Collateral, the value of such item of Collateral, as determined by State Street, multiplied by the related Advance Rate.
Adjusted Market Value means the market value of the outstanding Shares, measured by taking the average closing price for a single Class A Share and a single Class T Share over a period of 30 consecutive trading days, with such period beginning 180 days after Listing, multiplied, respectively, by the number of Class A and Class T Shares outstanding on the date of measurement.
Adjusted Market Value means with respect to Properly Margined Liquid Collateral, the sum of the Adjusted Market Value (Item) of each Permitted Investment constituting Properly Margined Liquid Collateral in respect of the Liquid Collateral Account on each date such Liquid Collateral is marked-to-market in accordance with Section 8.3(ff) of the Participation Agreement.
Adjusted Market Value shall be one hundred percent of Market Value.
Adjusted Market Value of assets held in the segregated account shall mean the market value of assets in the segregated account on the date of determination, plus the sum of the amount of any withdrawals or distributions from the segregated account and Applicable Interest. "Applicable Interest" shall mean the interest that would have been credited to such withdrawals or distributions each year (assuming such amounts had not been distributed) at a rate equal to the average of the six-month treasury xxxx rates for such year, or such other reasonable interest rate assumptions as the Committee in its discretion may adopt from time to time.
Adjusted Market Value means the value of a Collateral calculated based on the closing market price of the Collateral; “Business Day” means a day (other than a Saturday, Sunday or Federal Government of Nigeria declared public holiday) on which banks are open for general business in Nigeria; “CBN” means Central Bank of Nigeria; “CBN OperatingAccount” means an account maintained with the CBN by the Settlement Bank; “CBN S4” means the CBN Scripless Securities Settlement System, being the central securities depository system for the settlement of Federal Government of Nigeria and CBN fixed income securities transactions; “Classic Repo” means a Repo Transaction in which the borrower temporarily transfers securities to a lender as collateral for a cash loan with an agreement to return the cash at a predetermined rate and future date; “Clearing Cycle” means the daily valuation of Collateral and the determination of Collateral Top-ups; “Collateral” means the securities exchanged in a Repo Transaction; “Collateral Management” means the right to call and the obligation to make transfers of Collateral in order to eliminate any net exposures that arise in a portfolio of Repo Transactions betweenCounterparties; “Collateral Top-up” means the value of Collateral required to meet the Maximum Exposure Value agreed onthe Repo Transaction; “Consideration” means the monetary payment made by Repo Buyer to a Repo Seller in exchange for the transfer of securities; “Eligible Security” means tradeable financial securities acceptable by FMDQ Clear as Collateral; “Failed Trade” means any trade by a Transaction Counterparty for which settlement does not occur asat when due; “FMDQ Clear” means FMDQ Clear Limited; “FMDQ Depository” means FMDQ Depository Limited; “FMDQ Exchange” or the “Exchange” means FMDQ Securities Exchange Limited; “Mark-to-Market” means the act of revaluing Collateral to current market values; “Maximum Exposure Value” means the permissible change in the market value of Collateral determined before a Collateral Top-Up will be required; “NIBSS” means the Nigerian Inter-Bank Settlement System PLC; “Operational Standards” means standards developed by FMDQ Exchange for the effective administration of the Repo Market;