Equity Market Capitalization means the total number of Common Shares outstanding on the last trading day of the year immediately prior to the first year of any Measurement Period multiplied by the Initial Share Price for such Measurement Period.
Equity Market Capitalization means, for a Parent at any time, (x) the aggregate market value of such Parent's outstanding publicly traded equity securities, as of the end of its most recent fiscal quarter (based on the average closing price for the most recent 20 trading days on the principal stock exchange on which such securities are traded) plus (y) the amount of stockholders equity, determined in accordance with GAAP, attributable at such time to any equity securities of such Parent that are not publicly traded. The term "Partnership Investment" means, for a Parent at any time, its investment in the Partnership, determined in accordance with GAAP as of the end of the most recent fiscal quarter. The term "Adjusted Partnership Investment" means, for a Parent at any time, (A) Lyondell's investment in the Partnership, determined in accordance with GAAP as of the end of the most recent fiscal quarter, multiplied by (B) a fraction the numerator of which is the aggregate Percentage Interest at such time of the Partner Subs owned by the Parent whose Partnership Investment is being determined and the denominator of which is the aggregate Percentage Interest at such time of the Partner Subs owned by Lyondell. The term "Percentage Interest" is used as defined in the Partnership Agreement.
Equity Market Capitalization means, for any calendar year, the greater of (x) LCC’s average daily equity market capitalization and (y) LCC’s average book equity (based on average of beginning of year and four quarter end equity amounts), in each case, with respect to such calendar year assuming, for purposes of such calculations, that all partnership interests of any type of Holdings have been exchanged into shares of Class A Common Stock of LCC.
Examples of Equity Market Capitalization in a sentence
Represents the book value of Total Debt plus Total Equity Market Capitalization.
Upon and after the occurrence of a Qualifying Equity Market Capitalization, the holders of shares of Class B Common Stock shall be entitled to ten votes for each such share on each matter properly submitted to the stockholders on which the holders of the Common Stock are entitled to vote.
Financial Assets aggregates Banking Assets, Open-End Investment Company Assets, Equity Market Capitalization, International and Domestic Debt Securities.
Prior to the occurrence of a Qualifying Equity Market Capitalization, the holders of shares of Class B Common Stock shall be entitled to one vote for each such share on each matter properly submitted to the stockholders on which the holders of the Common Stock are entitled to vote.
Market Capitalization & EBITDA multiples • There is no correlation between Equity Market Capitalization and EBITDA Multiple for the Hotel REIT universe.
More Definitions of Equity Market Capitalization
Equity Market Capitalization of any Person means, as of any day of determination, the product of (a) the aggregate number of outstanding shares of Common Stock of such Person on such day (which shall not include any options or warrants on, or securities convertible or exchangeable into, shares of Common Stock of such Person) and (b) the average Closing Price of such Common Stock over the 20 consecutive Trading Days immediately preceding such day. If no such Closing Price exists with respect to shares of any such class, the value of such shares for purposes of clause (b) of the preceding sentence shall be determined by an independent internationally recognized investment banking firm.
Equity Market Capitalization means the product of (A) the Current Market Price of a Common Share and (B) the number of outstanding Common Shares assuming the conversion of all outstanding Convertible Preferred Shares and all Class A Units of the Partnership.
Equity Market Capitalization means, with respect to any Person in connection with the commencement of an exchange offer, the amount determined by multiplying (i) the number of outstanding "equity securities" (as defined in Section 3 of the Exchange Act) of such Person required to be registered pursuant to Section 12 of the Exchange Act at the time of the determination by (ii) the Current Market Price of such equity securities at such time of determination. (n) "Exchange Act" shall mean the Securities Exchange Act of 1934, as amended, or any successor federal statute, as in effect from time to time. (o) "Exchangeable Security" shall mean a security of any type, including but not limited to debt, equity, warrants or other rights, issued by Kerr-XxXxx xx any time after the second anniversary of this Agreement and which includes or represents the right to acquire Voting Shares from Kerr-XxXxx xxxn exchange, conversion or exercise thereof. (p) "Fully Diluted Shares" shall mean, at any time, the sum of (i) the Voting Shares then outstanding plus (ii) the number of Voting Shares reserved for issuance or issuable in connection with the exercise, exchange or conversion of employee stock options or securities of Devon then outstanding which are exercisable or exchangeable for Voting Shares or are convertible into Voting Shares. (q) "Merger Agreement" shall mean the Agreement and Plan of Merger dated October , 1990 xxxxx Xxxxx, Xxxxx Xxxrgy Corporation (Nevada), Kerr-XxXxx, Xxrr-XxXxx Xxxahoma Corporation and Kerr-XxXxx Xxx, Inc. (r) "Person" shall mean any individual, firm, partnership, association, group (as such term is defined in Section 13(d)(3) of the Exchange Act, as in effect on the date hereof), corporation, trust, business trust or other entity and includes any successor (by merger or otherwise) of any such entity. (s) "Public Offering" shall mean a firm commitment underwritten public offering pursuant to a registration statement which has been declared effective by the SEC under the Securities Act. (t) "Qualified Tender Offer" shall mean a tender or exchange offer for Voting Shares (i) that is for more than 50% of the then outstanding Voting Shares, (ii) that is for a price per Voting Share at least 10% greater than the average of the Current Market Prices of the Voting Shares determined for each of the 10 consecutive trading days ending on the last full trading day prior to the date of the public announcement of such tender or exchange offer, (iii) the Tender Offer Statement on Sched...
Equity Market Capitalization means, with respect to any Guarantor, without duplication as of the date of determination, the average of the closing price of the shares or other units of each class of publicly traded equity securities (excluding any such securities that are, prior to January 15, 2028, mandatorily redeemable or redeemable at the option of the holder(s)) of such Guarantor on the national securities exchange on which such securities are listed or, if not so listed, the average bid and asked price of such securities reported on any over-the-counter quotation system on which prices for such securities are quoted, in each case for a period of 20 trading days prior to the date of determination, MULTIPLIED BY the number of shares or units of each such class of equity securities in question outstanding on the date of determination.
Equity Market Capitalization of any Person means the aggregate market value of the outstanding Capital Stock (other than Preferred Stock and excluding any Capital Stock held in treasury by such Person) of such Person of a class that is listed or admitted to unlisted trading privileges on a United States national securities exchange or included for trading on the Nasdaq National Market System. For purposes of this definition the "market value" of any such Capital Stock shall be the average of the high and low sale prices, or if no sales are reported, the average of the high and low bid prices, as reported on the principal national securities exchange on which such Capital Stock is listed or admitted to trading or, if such Capital Stock is not listed or admitted to trading on a national securities exchange, as reported by Nasdaq, for each trading day in a 20 consecutive trading day period ending not more than
Equity Market Capitalization means as of any day the Market Price multiplied by (x) the number of shares of Common Stock issued and outstanding as of such day plus (y) the number of shares of Common Stock issuable upon the exercise of issued and outstanding convertible securities of the Corporation with an exercise price per share of Common Stock less than the Market Price as of such date.
Equity Market Capitalization of any Person means, as of any day of determination, the average Closing Price of that Person's common stock over the 20 consecutive trading days immediately preceding that day for which a Closing Price can be determined multiplied by the total number of shares of common stock of such Person at the time outstanding.