Examples of Time of Determination in a sentence
M = the Current Market Value per share of Common Stock on the Time of Determination for any such issuance, sale or distribution.
E = the Exercise Rate immediately prior to the Time of Determination for any such issuance, sale or distribution.
O = the number of Fully Diluted Shares (as defined below) outstanding immediately prior to the Time of Determination for any such issuance, sale or distribution.
EP = the Exercise Price immediately prior to the Time of Determination for any such issuance, sale or distribution.
The term "Time of Determination" as used herein shall be the time and date of the earlier to occur of (A) the date as of which the current market price is to be computed and (B) the last full trading day on such exchange or market before the commencement of "ex-dividend" trading in the Common Stock relating to the event giving rise to the adjustment required by paragraph (a), (b), (c) or (d).