Market Capitalization definition

Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common stock or common equity interests of the Borrower or its direct or indirect parent on the date of the declaration of a Restricted Payment multiplied by (ii) the arithmetic mean of the closing prices per share of such common stock or common equity interests on the principal securities exchange on which such common stock or common equity interests are traded for the thirty (30) consecutive trading days immediately preceding the date of declaration of such Restricted Payment.

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Market Capitalization means, as of any date of determination, the product of (a) the number of issued and outstanding shares of Common Stock as of such date (exclusive of any shares of Common Stock issuable upon the exercise of options or warrants or conversion of any convertible securities), multiplied by (b) the closing price of the Common Stock on the Trading Market on the date of determination.

Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of capital stock of Borrower or any Parent Company on the date of declaration of the relevant dividend multiplied by (ii) the arithmetic mean of the closing prices per share of such capital stock on the New York Stock Exchange (or, if the primary listing of such capital stock is on another exchange, on such other exchange) for the 30 consecutive trading days immediately preceding the date of declaration of such dividend.

Examples of Market Capitalization in a sentence

• The Market Capitalization Milestone with respect to any one Tranche shall be achieved if the Sixty-Day Average Market Cap (as defined below) equals or exceeds the incremental Market Capitalization Milestone of the Start Date Market Cap (as defined below) for such Tranche as set forth in the table below as determined by the Administrator.

• The Tranches set forth below shall only become eligible to be earned once the Market Capitalization Milestone for such Tranche is achieved (with no interpolation between Tranches) and may only be earned one (1) time during the Performance Period.

• For purposes of this ▇▇▇▇▇ ▇, the level of achievement of each of the Market Capitalization Milestone Performance Goal and Relative Performance Goal shall be determined independently.

• Each Market Capitalization Milestone identified in the table shall represent a tranche (each a “Tranche”) of the number of Performance LTIP Units that shall become eligible to be earned if the Market Capitalization Milestone for such Tranche is achieved as of a Market Cap Measurement Date.

• For the avoidance of doubt, the Performance Goals set forth on this Annex I (including the Market Capitalization Milestone Performance Goal and the components thereof (such as the Market Capitalization Milestones and the Maximum ATM Shares, as described below) and the Relative Performance Goal and the components thereof) shall be subject to adjustment as set forth in Section 6 of the LTIP Unit Award Agreement to which this Annex I is attached.

More Definitions of Market Capitalization

Market Capitalization means a number equal to (a) the average VWAP of the Common Stock for the immediately preceding fifteen (15) Trading Days, multiplied by (b) the aggregate number of outstanding shares of Common Stock as reported on Borrower’s most recently filed Form 10-Q or Form 10-K.

Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of Capital Stock of the IPO Entity on the date of the declaration of the relevant dividend, multiplied by (ii) the arithmetic mean of the closing prices per share of such Capital Stock for the 30 consecutive trading days immediately preceding the date of the declaration of such dividend.

Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common Capital Stock of the Issuer or any Parent Entity on the date of the declaration of a Restricted Payment permitted pursuant to Section 3.3(b)(10) multiplied by (ii) the arithmetic mean of the closing prices per share of such common Capital Stock on the principal securities exchange on which such common Capital Stock are traded for the 30 consecutive trading days immediately preceding the date of declaration of such Restricted Payment.

Market Capitalization shall be calculated on the Trading Day preceding the applicable Pricing Period and shall be the product of (x) the number of shares of Common Stock outstanding and (y) the closing bid price of the Common Stock, both as determined by Bloomberg Financial LP using the DES and HP functions.

Market Capitalization means a number equal to (a) the average VWAP of the Ordinary Shares for the immediately preceding fifteen (15) Trading Days, multiplied by (b) the aggregate number of outstanding Ordinary Shares as reported on Borrower’s most recently filed Form 10-Q or Form 10-K.

Market Capitalization shall be defined as the product of (a) the closing price of the Common Stock of the Common stock multiplied by (b) the number of shares of Common Stock outstanding as reported on the Company’s most recently filed Form 10-K or Form 10-Q. The provisions of this Section may be waived by Holder upon not less than 65 days prior written notification to the Company.

Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common Equity Interests of the Issuer or any parent entity on a Business Day not more than five Business Days prior to the date of the declaration or making of a Restricted Payment permitted pursuant to Section 4.4(c)(12) multiplied by (ii) the arithmetic mean of the closing prices per share of such common Equity Interests on the principal securities exchange on which such common Equity Interests are traded for the 30 consecutive trading days immediately preceding the date of declaration of such Restricted Payment.