Average Fair Market Value definition

Average Fair Market Value means the average of the fair

Average Fair Market Value means the average of the closing prices of the Company’s common stock on the Nasdaq Global Market or such other established stock exchange on which the Company’s common stock is listed for the 20 trading days preceding the date of the grant of an equity award.

Average Fair Market Value means, as of any determination date, the average of the daily high and low sales prices of the Common Stock on the composite tape for stocks listed on the New York Stock Exchange as quoted in the New York Stock Exchange Composite Transactions published in the Western Edition of The Wall Street Journal for all trading days during the calendar month preceding the determination date. If the Common Stock is not admitted to trade on the New York Stock Exchange, the Average Fair Market Value shall be determined by the Committee in such other reasonable manner as the Committee shall decide.

Examples of Average Fair Market Value in a sentence

• Average Fair Market Value means the average of the Fair Market Values of a share of Common Stock of the Corporation during the last 10 trading days preceding the applicable date of determination.

• As of the end of each quarter, a Participant’s Stock Unit Account shall be credited with additional Units in an amount equal to the Dividend Equivalent representing dividends paid during the quarter on a number of shares equal to the aggregate number of Stock Units in the Participant’s Stock Unit Account as of the end of the preceding quarter divided by the Average Fair Market Value of a share of Common Stock as of the applicable crediting date.

• In lieu of fractional shares, the Company shall pay therefor, at the time of any conversion of shares of Series C Preferred Stock as herein provided, an amount in cash equal to such fraction multiplied by the Average Fair Market Value of a share of Class A Common Stock on such date.

• The Committee by declaration may accelerate any payment date (using for valuation purposes the Average Fair Market Value as of the date of its decision) in extraordinary circumstances where it determines that such action is necessary or advisable to prevent a forfeiture or permit the realization of intended benefits and is otherwise fair to the Participant and the Company.

• The number of shares underlying any such equity award shall be determined by dividing the dollar value of the award by the Average Fair Market Value of the Company’s common stock.

More Definitions of Average Fair Market Value

Average Fair Market Value means the average of the fair market values of assets held by the endowment care fund on the first day of the current fiscal year and the first day of each of the two preceding fiscal years, or the average of the fair market value for the entire term of the fund if there are less than two preceding years.

Average Fair Market Value means the average of the fair market values of assets held by the trust at the beginning of the current and each of the 2 preceding years, or for the entire term of the trust if there are less than 2 preceding years, and adjusted as follows:

Average Fair Market Value means the average of the daily closing prices on the New York Stock Exchange per share of such Class A Common Stock for the 10 consecutive trading days before the day in question. If on any such date the shares of such Class A Common Stock are not listed or admitted for trading on any national securities exchange and not quoted on any similar service, the Average Fair Market Value for such shares shall be the fair market value as

Average Fair Market Value means, as of any determination date, the average of the daily high and low sales prices of the Common Stock on the New York Stock Exchange as quoted in the Composite Transactions published in the Western Edition of The Wall Street Journal for all trading days during the calendar month preceding the determination date. If the Common Stock is not admitted to trade on the New York Stock Exchange, the Average Fair Market Value shall be determined by the Committee in such other reasonable manner as the Committee shall decide.

Average Fair Market Value means the average of the daily closing prices on the New York Stock Exchange per share of such Class A Common Stock for the 10 consecutive trading days before the day in question. If on any such date the shares of such Class A Common Stock are not listed or admitted for trading on any national securities exchange and not quoted on any similar service, the Average Fair Market Value for such shares shall be the fair market value as determined by mutual agreement of the Board of Directors of the Company and a representative of holders of a majority of the Series C Preferred Stockholders.

Average Fair Market Value means, with respect to a vesting date, the average Fair Market Value over the 30-day period immediately preceding such vesting date, measured by dividing the sum of all Fair Market Values for trading days during such period by the number of such trading days, provided that if such vesting date occurs subsequent to a Change in Control, the applicable 30-day period shall be the 30-day period immediately preceding such Change in Control.

Average Fair Market Value as of any date, shall mean the average of the per share closing prices of the stock on the Composite Tape, as published in the Western Edition of The Wall Street Journal, of the principal national securities exchange on which the stock is so listed or admitted to trade, on the twenty (20) consecutive trading days preceding and including such date; provided, however, if the stock is not listed or admitted to trade on a national securities exchange, the Committee may designate such other exchange, market or source of data as it deems appropriate for determining such value for Plan purposes