Beginning Value definition

Beginning Value shall, with respect to any Accounting Period, mean the value of the Company's Net Assets (as defined below) at the beginning of such Accounting Period.

Beginning Value means, with respect to any Accounting Period, the Net Asset Value of the Partnership at the beginning of such Accounting Period.

Beginning Value means the Average Share Price for the twenty (20) business days preceding the beginning of the Performance Period.

Examples of Beginning Value in a sentence

• When calculating the Beginning Value for any entity, the Committee must adjust such Beginning Value to account for a stock split, reverse stock split or stock dividend occurring during such period.

• Total Shareholder Return for the purpose of calculating Relative TSR for the Performance Period (or other applicable measurement period provided in this Agreement, including Section 1.6) pursuant to Section 1.4 means the percentage for the applicable entity for the applicable period that is the quotient of: (i) the Ending Value, minus the Beginning Value, plus dividends (other than stock dividends) with respect to which the record date occurs during such period; divided by (ii) the Beginning Value.

• In such event, the Committee must adjust the Beginning Value by multiplying it by the ratio of the number of shares outstanding at the beginning of the applicable period to the number of shares outstanding at the end of the applicable period; provided, however, no such adjustment shall be duplicative of any adjustment made pursuant to Section 4.3 or 4.4.

• For purposes of this definition, "Beginning Value" means the average Fair Market Value per share of the applicable entity's common stock for the five (5) consecutive trading days beginning on [July 1, 20XX], and "Ending Value" means the average Fair Market Value per share of the applicable entity's common stock for the five (5) consecutive trading days ending on [June 30, 20XX,] or the trading day prior, if such date is not a trading day.

• When calculating the Beginning Value for any entity, the Committee must adjust such Beginning Value to account for a stock split, reverse stock split or stock dividend having a record date during such period.

More Definitions of Beginning Value

Beginning Value means, with respect to any Accounting Period, the Net Asset Value of the Equity and Alternative Assets portfolio at the close of the immediately preceding Accounting Period after giving effect to any withdrawals and the debiting of the applicable Management Fee relating to such immediately preceding Accounting Period plus any additional contributions made to such portfolio as of the first day of the new Accounting Period. Beginning Value in respect of the initial Accounting Period shall mean the value of the contributions made as of the first day of such Accounting Period.

Beginning Value shall, with respect to any Accounting Period, mean the value of the Partnership's Net Assets at the beginning of such Accounting Period after giving effect to withdrawals relating to the immediately preceding Withdrawal Date and after giving effect to payment of the Management Fee.

Beginning Value means, with respect to any Fiscal Period, the value of the Partnership’s Net Assets at the beginning of such Fiscal Period after deduction of the Management Fee payable as of the beginning of such Fiscal Period.

Beginning Value means, with respect to any Measuring Period, the Partnership's Net Asset Value at the beginning of that Measuring Period, determined as provided herein.

Beginning Value means, with respect to any Fiscal Period, the value of the Trust’s Net Assets at the beginning of such Fiscal Period (including Capital Contributions and Distributions made as of the beginning of the first day of the Fiscal Period).

Beginning Value means the Average Share Price for the twenty (20) business days preceding the beginning of the PerformancePeriod. 2.5 Average Share Price. For purposes of determining the TSR used in the Performance Metric, the "Average Share Price" means the average daily closing price of the shares on the NASDAQ Global Select Market (or if the company is not listed on the NASDAQ Global Select Market, then on the principal securities exchange on which such shares are tracked) as published by a reputable source over the relevant measuring period. 2 2.6 Peer Companies. For purposes of the Performance Metric for the relevant Performance Period, "Peer Companies" means the companies listed on Schedule A. In the event a Peer Company ceases to be publicly traded at any point during the Performance Period, the Administrator shall have full discretion to take any action it deems necessary or advisable in its sole and absolute discretion in order to preserve the integrity of the Performance Metric and the incentive intended by this Agreement, including, but not limited to, determining whether the Peer Company will be replaced with a new Peer Company, dropping such Peer Company from the list of Peer Companies and calculating the Performance Metric without designating a replacement, treating the Peer Company as being ranked in last place on the TSR list for the Performance Period (e.g. for bankrupt or other delisted companies), or determining an alternate method of calculating TSR for such Peer Company (e.g. by calculating TSR through the date of acquisition of such Peer Company, and then assuming TSR for the remainder of the period is determined based on an index). The Administrator need not take the same action with respect to all Peer Companies that cease to be publicly traded during the Performance Period. 2.7 Award Determination. (a) General. At the end of the Performance Period, the Peer Companies and PDC shall be ranked together based on their TSR for the Performance Period with the highest TSR being number 1 and the lowest TSR being the number of Peer Companies, including PDC, remaining in the group at the end of the Performance Period. Based on PDC’s relative TSR rank among the Peer Companies for the Performance Period, Executive will have earned Performance Shares as determined by PDC’s rank as follows: · If PDC is ranked at or above the 90th percentile of the Peer Companies, including PDC, 200% of the Target Award · If PDC is ranked at the 50th percentile or median of the ...

Beginning Value means an amount determined by applying the following formula: ([(Solvay’s 2000 EBITDA x the Applicable Percentage) + the average of Southern’s 1999 and 2000 EBITDA] x the Ratio) — [(Solvay’s 2000 Funded Debt x the Applicable Percentage) + the average of Southern’s 1999 and 2000 Funded Debt].