Dilution Spike means, at any time, the highest three (3) month average Dilution Ratio observed over the previous 12 months.
Dilution Spike means, as of any date of determination, the highest average Dilution Ratio for any two consecutive calendar months during the immediately preceding 12 calendar months.
Dilution Spike means the highest Dilution Ratio for any calendar month over the twelve most recently ended calendar months.
More Definitions of Dilution Spike
Dilution Spike means, on any date of determination, the highest Dilution Ratio for any Calculation Period during the 12 Calculation Periods then most recently ended.
Dilution Spike means the highest two month rolling average Dilution Ratio (expressed as a percentage) over the immediately preceding 12 months;
Dilution Spike means, for any twelve (12) consecutive Monthly Periods, the highest Two-Month Dilution Ratio during such period.
Dilution Spike means, on any date of determination, the highest Dilution Ratio for any month during the 12 months then most recently ended.
Dilution Spike means, at any time, the highest average of the Dilution Ratios for any two consecutive months occurring in the twelve months ending on the last day of the most recent calendar month.
Dilution Spike. For any Monthly Period, the highest one-month Dilution Ratio for the twelve months ending on the Month End Date next preceding the first day of such Monthly Period.
Dilution Spike means, as of the last day of any Specified Collection Period, the highest Dilution Ratio during the immediately preceding twelve (12) Specified Collection Periods ending on such day.