Daily Average Price means an amount, as determined by the Determination Agent, equal to the average of the official closing prices of a Share on the Exchange at the Valuation Time on each Scheduled Trading Day during the Additional Outperformance Period which is not a Disrupted Day;
Daily Average Price means, for any day, the weighted average price at which the Company purchased Shares during the applicable day pursuant to the Program in open market purchases, calculated as (a) the total purchase price paid by the Company (excluding commissions) for Shares purchased pursuant to the Program in open market purchases during such day divided by (b) the total number of Shares purchased by the Company pursuant to the Program in open market purchases during such day.
Daily Average Price. For any Exchange Business Day, the New York Volume Weighted Average Price per Share for the regular trading session (including any extensions thereof) of the Exchange on such Exchange Business Day (without regard to pre-open or after hours trading outside of such regular trading session), as published by Bloomberg at 4:15 P.M., New York City time (or 15 minutes following the end of any extension of the regular trading session), on such Exchange Business Day, on Bloomberg page “NFP.N<Equity>AQR” (or any successor thereto) (or if such published volume weighted average price is unavailable or is manifestly incorrect, the market value of one Share on such Exchange Business Day, as determined by the Calculation Agent using a volume weighted method). Exchange: New York Stock Exchange Consequences of Disrupted Days: Notwithstanding anything to the contrary in this Termination Agreement or the Equity Definitions, if the Valuation Date is a Disrupted Day, the Calculation Agent may, if appropriate in light of market conditions, regulatory considerations or otherwise, take any or all of the following actions: (i) postpone the Valuation Date in accordance with Section 6.6 of the Equity Definitions or (ii) determine that the Valuation Date is a Disrupted Day only in part, in which case the Calculation Agent shall (A) determine the Daily Average Price based on transactions in the Shares on such Valuation Date effected before the relevant Market Disruption Event occurred and/or after the relevant Market Disruption Event ended, as applicable, and (B) designate the immediately following Exchange Business Day as the Valuation Date (with the provisions of this paragraph applying successively to each such Exchange Business Day so designated) and determine the Termination Value using an appropriately weighted average of the Daily Average Prices on the original Valuation Date and such designated Valuation Date or Dates. Section 6.6(a) of the Equity Definitions is hereby amended by replacing the word “shall” in the fifth line thereof with the word “may,” and by deleting clause (ii) thereof. Any Scheduled Trading Day on which the Exchange is scheduled to close prior to its normal close of trading shall be deemed a Disrupted Day in full.
Examples of Daily Average Price in a sentence
Any market activities of the Seller and its affiliates with respect to the Common Stock may affect the market price and volatility of the Common Stock, as well as the Daily Average Price and Reported VWAP, each in a manner that may be adverse to the Company.
Daily Average Price * 1.00% per annum (Act / 365) for the period commencing on and including the Issue Date, to but excluding 26 May 2011.
The City of Bend shall use the OPIS GROSS Daily Average Price as released by OPIS at 6:00 a.m. (approximate) EST.
Figure 5: Daily average of fifteen-minute market prices in PAC West.7 $250 $200 Daily Average Price ($/MWh)$150 $100 $50 $0 1-Nov 15-Nov 29-Nov 13-Dec 27-Dec 10-Jan 24-Jan 7-Feb 21-Feb 7-Mar 21-Mar 4-Apr 18-Apr 2-May 16-May 30-May 13-Jun 27-Jun 11-Jul 25-Jul 8-Aug 22-Aug 5-Sep 19-Sep 3-Oct 17-Oct 31-Oct 14-Nov28-Nov-$50 Prices with adjustment per waiver Counterfactual prices Current Prices Figure 6: Daily average of fifteen-minute market prices in PAC East.
For all deliveries made to the Authorized Purchaser on these days, the Contractor shall use the OPIS GROSS Daily Average Price of the next available OPIS daily report.
More Definitions of Daily Average Price
Daily Average Price means (i) for any Trading Day in the Averaging Period, the Reported VWAP for such Trading Day minus $0.31 or (ii) for any Trading Day in the Valuation Period, the dollar volume weighted average price per share of Common Stock for that Trading Day based on transactions executed by the Seller or its designated affiliate during that Trading Day in connection with the settlement of this Letter Agreement.
Daily Average Price means, (i) for any Relevant Day in the Averaging Period, the Reported VWAP for such Trading Day plus the Premium to VWAP or (ii) for any Relevant Day in the Additional Purchase Period, the Reported VWAP for such Relevant Day.
Daily Average Price means the average of the Daily Prices for the 20 consecutive Trading Days ending on the third Trading Day immediately prior to the Closing Date.
Daily Average Price means the average of the official closing prices of the Share for each day during the Outperformance Period which is a Scheduled Trading Day and not a Disrupted Day;
Daily Average Price means the average of each daily official close price of the Index during the relevant Additional Outperformance Period.
Daily Average Price means (i) for any Trading Day in the Averaging Period, the Reported VWAP for such Trading Day minus $0.00 or (ii) for any Trading Day in the Valuation Period, the dollar volume weighted average price per share of Common Stock for that Trading Day based on transactions executed by the Seller or its designated affiliate during that Trading Day in connection with the settlement of this Letter Agreement.
Daily Average Price means, for any given day, the average of the high and low sale prices of the QRI Common Stock on such day on the New York Stock Exchange, the American Stock Exchange or the Nasdaq National Market, whichever is applicable.