Average Market Capitalization of the Company shall mean the average of the closing prices per Common Share on the Stock Exchange for each trading day during the period for which Average Market Capitalization is calculated multiplied by the average number of shares of the Company’s Common Shares of Beneficial Interest (“Common Shares”) outstanding during such period, plus the daily weighted average of aggregate liquidation preference of each class of the Company’s preferred shares outstanding during such period, plus the daily weighted average of the aggregate principal amount of the Company’s consolidated indebtedness during such period.
Average Market Capitalization means the weighted average of the common equity market capitalization of the Corporation for each calendar month of the Measurement Period, as calculated by multiplying the number of basic shares of Common Stock outstanding on the last day of each calendar month by the average daily closing price of the Common Stock for each such month.
Average Market Capitalization means, for any period of time, the arithmetic mean of the Market Capitalizations for such period.
Examples of Average Market Capitalization in a sentence
Note: Total Debt= Short-Term Debt + Current Portion of Long-Term Debt +Long-Term Debt; if the sum of Cash and Interest Bearing Securities divided by Trailing 12-Month Average Market Capitalization is greater than or equal to 33%; if Accounts Receivables divided by Total Assets is greater than or equal to 45%.Note: Accounts Receivables = Current Receivables + Long-Term Receivables.
For example, the Dow Jones Islamic Market Indexes screen in its current form appears as follows: exclude companies that have unacceptable lines of business; exclude companies if Total Debt divided by Trailing 12-Month Average Market Capitalization is greater than or equal to 33%.
MSCI does not compute the Weighted Average Market Capitalization - the average market capitalization is used as the best available representation.
Midcaps are defined as companies having market capitalization between the Simple Average Market Capitalization of Top 5 Constituents of Nifty Free Float Midcap 100 Index and Simple Average Market Capitalization of bottom 5 Constituents of Nifty Free Float Midcap 100 Index.
Definition: Large Caps are defined as companies having market capitalization above the Simple Average Market Capitalization of Top 5 Constituents of Nifty Free Float Midcap 100 Index.
More Definitions of Average Market Capitalization
Average Market Capitalization means the result of (a) the sum of the Market Capitalizations on each Trading Day during a specified period of time divided by (b) the number of Trading Days during such specified period of time.
Average Market Capitalization means, as of any date of determination, the quotient obtained by dividing (x) the sum obtained by adding together the Market Capitalization of the Company for each trading day during the immediately preceding 30 trading day period completed prior to such date over (y) 30.
Average Market Capitalization on or as of any date shall mean the Company's average common equity market capitalization for the ten consecutive Trading Days prior to but not including such date. The number of shares of Common Stock into which the Preferred Shares outstanding at the determination date are convertible shall be taken into account in any determination of Average Market Capitalization; otherwise, Average Market Capitalization shall not be determined on a Fully-Diluted Basis.
Average Market Capitalization means, for any day on which Common Units are traded on a National Securities Exchange, the quotient derived by dividing (x) by (y), where (x) means the product of (i) the per Common Unit Closing Price applicable on such day, multiplied by (ii) the number of issued and outstanding Common Units as of the close of business on such day, and (y) means .979902.
Average Market Capitalization means, as determined on the last day of each calendar month, an amount equal to (a) the average of the daily volume weighted average price of Borrower’s Common Stock as reported for each trading day in the month ending on such date of determination (it being understood that a “trading day” shall mean a day on which shares of Borrower’s Common Stock trade on the NASDAQ in an ordinary trading session) multiplied by (b) the total number of issued and outstanding shares of Borrower’s Common Stock that are issued and outstanding on the date of the determination and listed on the NASDAQ (or, if the primary listing of such Common Stock is on another exchange, on such other exchange). Such determination shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.
Average Market Capitalization means the average per share closing price of the common stock of the Company on the OTC Bulletin Board for each trading day in a given month times the average total outstanding shares of common stock during such month. Any of said four certificates not reassigned and delivered to Halters in accordance with this paragraph shall be returned to Buyer by June 5, 2001. Buyer: By: /s/ Xxxxxxx Xxxxxxxxxx --------------------------------- Xxxxxxx Xxxxxxxxxx Halters: By: /s/ Xxxxx X. Xxxxxx --------------------------------- Xxxxx X. Xxxxxx By: /s/ Xxx Xxxxxx --------------------------------- Xxx Xxxxxx
Average Market Capitalization of the Company shall mean the average of the closing prices per Common Share on the New York Stock Exchange for each trading day during the period for which Average Market Capitalization is calculated multiplied by the average number of Common Shares outstanding during such period, plus the daily weighted average of aggregate liquidation preference of each class of the Company’s preferred shares outstanding during such period, plus the daily weighted average of the aggregate principal amount of the Company’s consolidated indebtedness during such period. Payment of ninety (90%) of the Management Fee shall be made in cash and the balance by issuance of shares of the Company’s Common Shares of Beneficial Interest (“Common Shares”). The number of Common Shares to be issued in payment of the balance of the Management Fee shall be the whole number of shares (disregarding any fraction) equal to the value of ten percent (10%) of the Management Fee divided by the average of the closing prices of the Common Shares on the New York Stock Exchange for each trading day during the period in respect of which the Management Fee is being paid. The Common Shares issued in partial payment of the Management Fee will be fully vested upon issuance. The Management Fee shall be computed and payable monthly by the Company within thirty (30) days following the end of each month. Computation of the Management Fee shall be based upon the Company’s monthly financial statements and the Average Market Capitalization for the month in respect of which the Management Fee is paid. A copy of such computation shall be delivered to the Manager accompanied by payment of the Management Fee shown thereon to be due and payable.