Current Market Value. For purposes of any computation under Sections 3.5 and 3.7 hereof or this Article 4, the Current Market Value per share of Common Stock (the “Current Market Value”) at any date shall be (a) for purposes of Sections 3.5 and 3.7 hereof, the closing price of the Common Stock on the Trading Day immediately preceding the date of exercise of the applicable Warrant pursuant to Section 3 and (b) for purposes of this Article 4, the arithmetic average of the daily closing prices of such Common Stock for the
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Samples: Loan Agreement (Dyax Corp), Loan Agreement (Dyax Corp)
Current Market Value. For purposes the purpose of any computation under Sections 3.5 and 3.7 hereof or this Article 4, the of Current Market Value under this Section 5, Section 4.2 and Section 3.6, the "Current Market Value" per share of Common Stock (the “Current Market Value”) at any date shall be (ax) for purposes of Sections 3.5 and 3.7 hereofSection 3.6, the closing price of the Common Stock on the Trading Business Day immediately preceding prior to the date of the exercise of the applicable Warrant pursuant to Section 3 and (by) for purposes of this Article 4in all other cases, the arithmetic average of the daily closing prices for the shorter of such Common Stock for (i) the 20 consecutive trading days ending on the last full trading day on the
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