AVERAGE PERIOD definition

AVERAGE PERIOD means the 20 trading days on the NYSE immediately preceding the second trading day prior to the Effective Time. "BENEFITS AGREEMENT" means the Benefits Agreement attached to the Distribution Agreement as Exhibit A. "BLACK-OUT PERIOD" means the Average Period and the 20 trading days preceding the Average Period. "CERTIFICATES" has the meaning set forth in SECTION 2.6(B) hereof. "CLAIM" has the meaning set forth in SECTION 6.4(B) hereof. "CLAIMS ADMINISTRATION" means the handling of claims made under the D&O Policies, including the management, defense and settlement of claims. "CLOSING" has the meaning set forth in SECTION 3.1 hereof. "CLOSING DATE" has the meaning set forth in SECTION 3.1 hereof. "COMMISSION" means the United States Securities and Exchange Commission. "COMMON CONVERSION NUMBER CASE A" means the number of shares (rounded to the nearest one-thousandth of a share) of Acquiror Common Stock to be issued upon conversion of a single share of Tenneco Common Stock at the Effective Time pursuant to SECTION 2.5 hereof and the other terms and conditions of this Agreement, determined by dividing the Common Equity Consideration by the Average Acquiror Common Equity Price and dividing the result by the number of shares of Tenneco Common Stock outstanding immediately prior to the Effective Time as certified to Acquiror by Tenneco's principal registrar and transfer agent, which are to be converted into the right to receive Acquiror Stock pursuant to the provisions of SECTION 2.5 hereof. "COMMON CONVERSION NUMBER CASE B" means the number of shares (rounded to the nearest one-thousandth of a share) of Acquiror Common Stock to be issued upon conversion of a single share of Tenneco Common Stock at the Effective Time pursuant to SECTION 2.5 hereof and the other terms and conditions of this Agreement, determined by dividing (x) the excess of (i) 7,000,000 over (ii) the number of shares of Acquiror Common Stock issued in exchange for shares of $4.50 Preferred Stock and $7.40 Preferred Stock in the Merger by (y) the number of shares of Tenneco Common Stock outstanding immediately prior to the Effective Time as certified to Acquiror by Tenneco's principal registrar and transfer agent, which are to be converted into the right to receive Acquiror Stock pursuant to the provisions of SECTION 2.5 hereof. "COMMON EQUITY CONSIDERATION" means the Equity Consideration less the Preferred Stock Amount. "CORPORATE RESTRUCTURING TRANSACTIONS" has the meaning ascribed to that ter...
AVERAGE PERIOD means the 20 trading days on the NYSE immediately preceding the second trading day prior to the Effective Time.

Examples of AVERAGE PERIOD in a sentence

  • The purpose of this study is to assess whether operative treatment of SCHF can safely be postponed to office hours with improved fracture reduction and pin fixation.

  • FOR THE RATE EFFECTIVE OCTOBER 1, 2016 AND THE RATE IN EFFECT EACH YEAR THEREAFTER, THE 12-MONTH ROLLING AVERAGE PERIOD ENDS ON THE LAST DAY OF THE MONTH THAT IS 3 MONTHS PRIOR TO THE DATE ON WHICH THE RATE DETERMINED UNDER SECTION 8(1)(B) BECOMES EFFECTIVE.(C) “AVERAGE WHOLESALE GASOLINE PRICE” MEANS THE STATEWIDE AVERAGE WHOLESALE PRICE OF GASOLINE AS DETERMINED BY THE DEPARTMENT BASED UPON A 12-MONTH ROLLING AVERAGE OF THE WHOLESALE GASOLINE PRICE.

  • SELLER represents and warrants that there are no other material facts or additional items which warrant disclosure, except as stated herein or delivered to DISTRICT in accordance with this Agreement.

  • FOR THE RATE EFFECTIVE OCTOBER 1, 2015 UNDER SECTION 8(1)(B), THE 12-MONTH ROLLING AVERAGE PERIOD BEGINS ON JULY 1, 2013 AND ENDS ON JUNE 30, 2014.

  • TABLE 4: AVERAGE PERIOD OF ABUSE AND THE PERIOD OVER WHICH THE ABUSER WAS KNOWN BY THE MOSAIC CLIENT Period over which the MOSAIC client has been abusedNMeanPeriod over which the MOSAIC client has known her abuserNMean 1045 4.3 1045 3.2 The period over which the MOSAIC clients experience abuse is greatest within the first ten years; abuse experienced after ten years is reported to a lesser extent, as shown in table five below .

  • INCUBATION CAPACITY (No. of Ventures): 15 AVERAGE PERIOD OF INCUBATION: 2 - 3 Years EMPLOYMENT GENERATED (Last 5 Years): ~2050 SRI JAYACHAMARAJENDRA COLLEGE OF ENGINEERING- STEPMYSORE, KARNATAKA19 MAJOR ACHIEVEMENTSŸ 1988 - 89: First batch of Fresh Engineering graduates underwent Entrepreneurship Development Training.

  • These requirements of 40 CFR Part 60, Subparts Db and GG shall no longer apply to the two upgraded combustion turbines (EUs: A01 and A02) and associated duct burners (EUs: A03 and A04).

  • AVERAGE PERIOD END RATE(1) HIGH LOW ---------- ------- ------ ------ 1996.................................................

  • The decision on the length of the first reporting year shall be passed by the Executive Board of the Company.

  • Flexibility has enhanced responsiveness to client demand, facilitating program scale-up in relevant areas and allowing the Bank Group to strategically shift support to areas most conducive to reform.

Related to AVERAGE PERIOD

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • Post-Change Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the second anniversary of the occurrence of such Change in Control.

  • Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the closing price of the shares of Substitute Common Stock on the day preceding such consolidation, merger or sale; provided that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by the person merging into Issuer or by any company which controls or is controlled by such person, as the Holder may elect.

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average VWAP per Common Unit over a certain period shall mean the arithmetic average of the VWAP per Common Unit for each Trading Day in such period.

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • Exchange Period shall have the meaning set forth in Section 2(a) hereof.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • Average Stock Price means the average of the closing prices of a Share, as reported on NASDAQ (or such other stock exchange as is applicable), for the forty-five (45) trading day period immediately preceding the date for which the Average Stock Price is being determined hereunder.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Bonus Period means the period for which a Bonus is payable. Unless otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Free period means any Period other than the Prohibited Period.

  • Average Parent Stock Price means the average of the volume weighted averages of the trading prices of Parent Common Stock, as such price is reported on the NYSE Composite Transaction Tape (as reported by Bloomberg Financial Markets or such other source as the parties shall agree in writing), for the 15 trading days ending on the third trading day immediately preceding the Effective Time.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.

  • Effective Period has the meaning assigned thereto in Section 2(a).

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Window Period means the 3 consecutive calendar month period prior to the Scheduled Maturity Date.

  • Evaluation Period bears the meaning ascribed thereto in Section 13.5(d)(i);