Average Trading Volume means the average trading volume of the twenty (20) Trading Days during the thirty (30) Trading Days prior to the issuance of the Draw Down Notice that results from excluding the five (5) highest and five (5) lowest Trading Days during such period.
Average Trading Volume. Average daily trading volume for the 45 Trading Days prior to the Draw Down Notice date. Maximum dollar amount of each Draw Down: 20% of (Average Stock Price x (Average Trading Volume x 22)) the number of Shares of Common Stock to be issued in connection with each Draw Down shall be equal to the sum of the quotients (for each trading day within the Draw Down Pricing Period) of (x) 1/22nd of the Draw Down amount and (y) 93% of the Average Daily Price of the Common Stock on each Trading Day within the Draw Down Pricing Period. If the Average Daily Price on a given Trading Day is less than the Threshold Price, then the Purchaser's Draw Down payment will be reduced by 1/22nd and that day shall be withdrawn from the Draw Down Pricing Period.
Average Trading Volume means the average trading volume of the Common Stock on the Trading Market for the 10 Trading Days immediately prior to the applicable Draw Down Exercise Date.
Examples of Average Trading Volume in a sentence
Average Trading Volume: Average daily trading volume for the 45 Trading Days prior to the Draw Down Notice date.
Maximum dollar amount of each Draw Down: 20% of (Average Stock Price x (Average Trading Volume x 22)).
Pass-through Costs will be billed to Cumberland at actual cost as incurred by Ventiv.
Maximum dollar amount of each Draw Down: 20% of (Average Stock Price x (Average Trading Volume x 20)); provided, further, however, subject to the foregoing the maximum dollar amount of the Initial Draw Down shall be $400,000 (the "Initial Draw Down").
The valuation under VWAP approach can be shown as follow: Trading Period Trading Value(Million Baht per day) Trading Volume(Million Share per day) Trading Period Trading Value(Million Baht per day) Trading Volume(Million Share per day)Source: SETSMARTRemark: Turnover Ratio is an Average Trading Volume calculated from trading volume and listed volume of shares with the SET on the specific date.
More Definitions of Average Trading Volume
Average Trading Volume. Average daily trading volume for the 45 Trading Days prior to the Draw Down Notice date. Maximum dollar amount of each Draw Down: 20% of (Average Stock Price*(Average Trading Volume*22))
Average Trading Volume. Average daily trading volume for 60 days prior to the Put. Trading days per month: Assumed to be 22. Rules: Minimum Average Stock Price: $3.00 Minimum Average Trading Volume: 5,000/day Maximum Put Amount: 20% of (Average Stock Price*(Average Trading Volume* 22)) Example: 20% of ($5.60*(39,410*22)) = $971,062
Average Trading Volume. Average daily trading volume for the 45 Trading Days prior to the Draw Down Notice date. Maximum dollar amount of each Draw Down: 20% of (Average Stock Price x (Average Trading Volume x 18)) the number of Shares of Common Stock to be issued in connection with each Draw Down shall be equal to the sum of the quotients (for each trading day within the Draw Down Pricing Period) of (x) 1/18th of the Draw Down amount and (y) 92% of the Average Daily Price of the Common Stock on each Trading Day within the Draw Down Pricing Period (the "Discount Price"); PROVIDED, HOWEVER, the Discount Price shall be increased by 0.1% for every $4.00 increase in the Threshold Price over $14.00 until the Discount Price equals 94.5% except that the Discount Price shall be increased to 94.5% if the Company's market capitalization is equal to or exceeds One Billion Dollars. The Company's market capitalization shall be calculated as the product of (i) the number of shares of Common Stock outstanding as reported by Bloomberg Financial using the DES function and (ii) the closing bid price of the Common Stock on the Trading Day Prior to the applicable Draw Down Pricing Period. If the Average Daily Price on a given Trading Day is less than the Threshold Price, then the Purchaser's Draw Down will be reduced by 1/18th and that day shall be withdrawn from the Draw Down Pricing Period.
Average Trading Volume means the average daily trading volume for the Common Stock on all markets during the 20 consecutive Trading Days immediately prior to the Put Notice Date.
Average Trading Volume. Average daily trading volume for the 45 Trading Days prior to the Draw Down Notice date. Maximum dollar amount of each Draw Down: 20% of (Average Stock Price x (Average Trading Volume x 22)) the number of Shares of Common Stock to be issued in connection with each Draw Down shall be equal to the sum of the quotients (for each trading day within the Draw Down Pricing Period) of (x) 1/22nd of the Draw Down amount and (y) the Purchase Price on each Trading Day within the Draw Down Pricing Period. If the Average Daily Price on a given Trading Day is less than the Threshold Price, then the Purchaser's Draw Down will be reduced by 1/22nd and that day shall be withdrawn from the Draw Down Pricing Period, except that, the Purchaser may elect to purchase such Shares at the Threshold Price. Prior to 6:15 pm Eastern Time on the date prior to the applicable Draw Down Exercise Date, the Purchaser shall instruct the Company as to how many below Threshold Price days the Purchaser elects to purchase such shares. Additionally, the Purchaser may, at its sole discretion, increase the amount of the Shares to be purchased at the Purchase Price on any Draw Down Exercise Date by up to an additional fifty percent (50%) if it notifies the Company by 6:15 pm Eastern Time on the date prior to such Draw Down Exercise Date.
Average Trading Volume means the average daily volume of shares of Common Stock traded during the preceding thirty (30)
Average Trading Volume means the average number of Paramount Shares traded during such 20 trading day period, and “Fully Diluted Shares” means the number of Paramount Shares outstanding, plus the number of additional Paramount Shares that would be outstanding if there were a conversion of all securities convertible into Paramount Shares, including by reason of a “Redemption” under the LLC Agreement of the Company’s membership units, but excluding shares subject to the Paramount Warrants, as defined in the Contribution Agreement. In the event of any Change of Control (as defined in the LLC Agreement) pursuant to which Paramount’s Shares cease to be listed on a national securities exchange (as defined in Rule 600(b) issued by the Securities and Exchange Commission under Regulation NMS), upon such Change of Control you shall be paid 50% of all unearned Market Cap Bonuses.