Examples of Initial VWAP in a sentence
The VWAP Calculation Agent will determine the Initial VWAP Level.
The “Remediation Estimate Adjustment” is a number equal to the quotient, (A) the numerator of which is the product of (i) the amount by which the Aggregate Remediation Estimate exceeds the Remediation Deductible and (ii) 0.75 (i.e., 1 – a 25% tax rate), and (B) the denominator of which is the product of (i) 11,824,487 (i.e., the issued and outstanding shares of First Choice Common Stock as of March 31, 2021) and (ii) the Initial VWAP.
The VWAP Calculation Agent determined the Initial VWAP Level of 396.997 as of July 17, 2012.
The VWAP Calculation Agent determined the Initial VWAP Level of 487.420 as of March 31, 2010.
The total number of Parent Shares to be issued to the Shareholders shall be determined by dividing $6,500,000 by the volume-weighted average price of the Parent Common Stock ("VWAP") during the ten (10) business days immediately preceding and up to the date of this Agreement (the "Initial VWAP").