Common use of Calculation of FMV Clause in Contracts

Calculation of FMV. For purposes of the calculation above, the fair market value of one Share shall be the average for the five trading days immediately prior to the date of determination thereof of the last reported sale price regular way on each such day, or, in the case no such sale takes place on any such day, the average of the reported closing bid and asked prices regular way of the shares of Common Stock on such day, in each case as quoted on the New York Stock Exchange, as reported by Bloomberg Markets, or such other principal securities exchange or inter-dealer quotation system on which the shares of Common Stock are then traded.

Appears in 6 contracts

Samples: Quantum Corp /De/, Quantum Corp /De/, Quantum Corp /De/

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Calculation of FMV. For purposes of the calculation above, the fair market value value” of one Share shall be the average for the five trading days immediately prior to the date of determination thereof of the last reported sale price regular way on each such day, or, in the case no such sale takes place on any such day, the average of the reported closing bid and asked prices regular way of the shares of Common Stock on such day, in each case as quoted on the New York Stock Exchange, as reported by Bloomberg Markets, or such other principal securities exchange or inter-dealer quotation system on which the shares of Common Stock are then traded.

Appears in 4 contracts

Samples: Quantum Corp /De/, Quantum Corp /De/, Quantum Corp /De/

Calculation of FMV. For purposes of the calculation above, the fair market value of one Share share of Common Stock shall be the average of the daily volume weighted average for the five trading days Trading Days immediately prior to the date of determination thereof of the last reported sale price regular way on each such day, or, in the case no such sale takes place on any such day, the average of the reported closing bid and asked prices regular way of the shares of Common Stock on such day, in each case as quoted on the New York Nasdaq Stock ExchangeMarket, as reported by Bloomberg MarketsBloomberg, or such other principal securities exchange or inter-dealer quotation system system, in each case, on which the shares of Common Stock are then traded.

Appears in 3 contracts

Samples: Quantum Corp /De/, Quantum Corp /De/, Quantum Corp /De/

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Calculation of FMV. For purposes of the calculation above, the fair market value of one Share share of Common Stock shall be the average of the daily volume weighted average for the five trading days Trading Days immediately prior to the date of determination thereof of the last reported sale price regular way on each such day, or, in the case no such sale takes place on any such day, the average of the reported closing bid and asked prices regular way of the shares of Common Stock on such day, in each case as quoted on the New York Stock Exchange, as reported by Bloomberg MarketsBloomberg, or such other principal securities exchange or inter-dealer quotation system system, in each case, on which the shares of Common Stock are then traded.

Appears in 2 contracts

Samples: Quantum Corp /De/, Quantum Corp /De/

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