Average Daily Volume definition

Average Daily Volume means, for purposes of Special Rule 26(b), with respect to any new Receipt Point, the average daily volume (in Barrels per Day calculated on an 8/8ths basis) over any consecutive thirty (30) Day period.

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Average Daily Volume will be determined once at the beginning of each calendar quarter for application during such quarter based on an averaging of the daily volume of sales of Company Common Stock as reported by The NASDAQ Capital Market (provided that if the Company’s Common Stock is not then listed on The NASDAQ Capital Market, as reported by such trading market on which the Common Stock is traded) for each trading day over the 90-trading day period preceding such determination; and (ii) “Average Weekly Volume” is calculated by multiplying the Average Daily Volume by the number of trading days in the calendar week preceding the proposed sale or transfer of Shares.

Average Daily Volume shall be computed using the forty (40) trading days prior to the Advance Date.

Examples of Average Daily Volume in a sentence

• The number of Shares that may be resold or transferred to the public or through any public securities trading market at any time may not exceed (i) for any one sale or transfer order, twenty-five percent (25%) of the Average Daily Volume; and (ii) for all sales or transfer volume in any calendar week, twenty-five percent (25%) of the Weekly Volume.

• Average Daily Volume shall be calculated by dividing the annual volume by 365.

• If the Performance Specifications are not met, the SLA Credit for Credit Level 6 shall be payable directly to active ICANN- Accredited Registrar(s) that meet the requirements of Section 3 below in an amount equal to the Average Daily Volume (ADM) of net .net new adds as averaged over the course of the previous three months times the Planned Duration Overage (PDO) in minutes times the SLA Credit graduated financial penalty set forth in Table Credit Level 6.

• When entering into a new Agreement, an existing customer will not be required to agree to an MDWQ, Average Daily Volume or other quantity- related obligation under this rate schedule that is less than the quantities in effect during the previous Agreement, provided, however, that the quantities sought by the customer were actually experienced during the two-year period preceding the new Agreement.

• The Initial MDWQ or Initial Average Daily Volume, the higher of which is also known as the Initial CD, shall remain in place until such time as a Replacement MDWQ or Replacement Average Daily Volume, the higher of which is also known as the Replacement CD, is established pursuant to the provisions of Part 3.

More Definitions of Average Daily Volume

Average Daily Volume means, for purposes of Item No. 130(b), with respect to any new Receipt Point, the average daily volume (in Barrels per Day calculated on an 8/8ths basis) over any consecutive thirty (30) Day period.

Average Daily Volume means the daily trading volume of the Common Shares, as reported by Bloomberg.

Average Daily Volume means the average of a Regular Shipper's daily volumes of crude petroleum transported during the Base Period through the line segment or segments subject to prorationing.

Average Daily Volume means the average of a Regular Shipper's daily volumes of crude petroleum transported during the Base Period through the Spearhead Pipeline .

Average Daily Volume means the average daily number of shares of INVU Common Stock traded on the Applicable Stock Exchange during the concurrent measurement period of ninety (90) consecutive trading days.

Average Daily Volume means the average of the daily trading volume of the Common Stock as reported by The NASDAQ Capital Market (provided that if the Common Stock is not then listed on the NASDAQ Capital Market, as reported by such trading market on which the Common Stock is then traded) for the five (5) Trading Days immediately preceding such determination of Average Daily Volume.

Average Daily Volume means the arithmetical average of the daily volume (including the opening and closing auctions but excluding block trades) of the Shares traded during the period of 20 Exchange Business Days preceding the Exchange Business Day on which the sale or purchase of Shares is carried out by CACIB on the relevant Trading Venue, as published on the relevant Bloomberg screens or any successor or replacement screens on the relevant Exchange Business Day;