Average Daily Value definition

Average Daily Value means the average value of daily trading in an equity security as calculated by the JSE; [“exchange market size”] [means a quantity of an equity security as specified by the Market Controller from time to time;]
View Source
Average Daily Value means the amount of the Deductible expressed in terms of one day and shall be established by determining the total value of the interruption of the business and dividing it by the number of days during which the results of the business are affected in consequence of the Damage.
View Source
Average Daily Value means the amount of the Deductible expressed in terms of one day and shall be established by determining the total value of the interruption of the business and dividing it by the number of days during which the results of the business are
View Source

Examples of Average Daily Value in a sentence

  • BLACKROCK MUNICIPAL BOND FUND, INC., on behalf of BlackRock High Yield Fund By: ------------------------------------- Name Title BLACKROCK ADVISORS, LLC By: ------------------------------------- Name Title High Yield Schedule A Investment Advisory Fee Portion of Average Daily Value of Net Assets Fee -------------------------------------------- --- Not exceeding $250 million.........................................

  • The Fee shall be calculated by multiplying (a) the Average Daily Value of Qualifying Shares (defined below) by (b) the appropriate Fee Rate (indicated below).

  • Average Daily Value: In the event of loss or damage insured by this policy, the deductible will be determined by multiplying the one hundred percent average daily value (ADV) by 1.

  • The Average Daily Value of Qualifying Shares is the aggregate average daily value of all shares of a Fund held by the Clients of Service Provider for the month, subject to the following exclusions ("Qualifying Shares").

  • If a deductible is expressed as a number times Average Daily Value (ADV), that amount will be calculated as follows: The ADV will be the Business Income (as defined in any Business Income coverage that is part of this policy) that would have been earned during the period of interruption of business had no accident occurred, divided by the number of working days in that period.

  • If a deductible is expressed as a number times ADV, that amount will be calculated as follows: The ADV (Average Daily Value) will be the “farm earnings” or rental income that would have been earned by the described farming operation during the period of interruption of business had no “accident” occurred, divided by the number of working days in that period.