Market AEV definition
Market AEV means an amount equal to the volume-weighted average of the Daily Market AEV, taken over the ninety (90) Trading Days following the effective date of the Plan of Reorganization (the “VWAP Period”). In calculating the Market AEV (appropriately adjusted in the case of a stock split or similar event), the Daily Market AEV shall be adjusted (y) to include the value of any distributions, other than distributions of New Common Stock, received by Holders of GenOn Notes Claims under the Plan of Reorganization (i) on the effective date of the Plan of Reorganization or (ii) during the VWAP Period, and (z) in connection with any Approved Sale that is consummated during the VWAP Period, to add the signed difference between (A) the amount of any Sales Proceeds actually received on account of such Approved Sale and (B) the contracted purchase price in the applicable asset purchase agreement or other definitive documentation for such Approved Sale. The adjustment described in clause (y)(ii) shall be made only for the period beginning on the distribution date of the distribution referred to in clause (y), and the adjustment described in clause (z) shall be made only for each Trading Day during the VWAP Period on which the information in clause (z)(B) was publicly available but the information in clause (z)(A) was not.