Definition of Ten Day Average


Ten Day Average means, with respect to any prices and in connection with the calculation of Fair Market Value, the average of such prices over the ten Business Days ending on the Business Day immediately prior to the day as of which "Fair Market Value" is being determined.

Examples of Ten Day Average in a sentence

In lieu of fractional shares, Holders will receive cash for the value of the fractional shares, which cash payment shall be based on the Ten Day Average Closing Stock Price.
The number of Net Shares to be paid shall be determined by dividing the Net Share Amount by the Ten Day Average Closing Stock Price.
Ten Day Average means, with respect to any prices and in connection with the calculation of Fair Market Value, the average of such prices over the 10 Business Days ending on the Business Day immediately prior to the day as of which Fair Market Value is being determined.
No fractional shares will be issued upon conversion; in lieu thereof, an amount will be paid in cash based upon the Ten Day Average Closing Stock Price (as defined in the Indenture).
In lieu of fractional shares, holders will receive cash for the value of the fractional shares, which cash payment shall be based on the Ten Day Average Price.