Common use of VWAP Price Clause in Contracts

VWAP Price. On any Trading Day the per Share volume-weighted average price as displayed on Bloomberg (or any successor service) page TRAK <equity> AQR (or its equivalent successor page) in respect of the period from 9:30 a.m. to 4:00 p.m., New York City time, on such Trading Day; or, if such price is not available, the VWAP Price means the market value per Share on such Trading Day, as determined by the Calculation Agent. The VWAP Price will be determined without regard to after hours trading or any other trading outside of the regular trading session trading hours.

VWAP Price. On any Trading Day Day, the per Share volume-weighted average price as displayed on Bloomberg page (or any successor servicethereto) page TRAK “IDCC <equity> AQR (or its equivalent successor page) AQR” in respect of the period from 9:30 a.m. to 4:00 p.m., New York City time, on such Trading Day; or, Day (or if such volume-weighted average price is not availableunavailable at such time, the VWAP Price means the market value per of one Share on such Trading Day, as determined by the Calculation AgentAgent using a volume-weighted method). The For the avoidance of doubt, the VWAP Price will be determined without regard to after after-hours trading or any other trading outside of the regular trading session trading hours.