Fair Market definition
Fair Market value” may be conclusively established by means of an Officer’s Certificate or a resolution of the Board of Directors of the Company setting out such fair market value as determined by such Officer or such Board of Directors in good faith.
Fair Market. Value" of a share of Common Stock on a specified date means:
(i) if the Common Stock is then traded on a national securities exchange, the closing price on such date of a share of the Common Stock as traded on the largest securities exchange on which it is then traded; or
(ii) if the Common Stock is not then traded on a national securities exchange, the mean between the closing composite inter-dealer "bid" and "ask" prices for Common Stock, as quoted on the NASDAQ National Market System (A) on such date, or (B) if no "bid" and "ask" prices are quoted on such date, then on the next preceding date on which such prices were quoted; or
(iii) if the Common Stock is not then traded on a national securities exchange or quoted on the NASDAQ National Market System, the value determined in good faith by the Committee.
Fair Market. Value" of a share of Company Series A Common Stock or Company Series B Common Stock on any day means the last sale price (or, if no last sale price is reported, the average of the high bid and low asked prices) for a share of such series on such day (or, if such day is not a trading day, on the next preceding trading day) as reported on NASDAQ or, if not reported on NASDAQ, as quoted by the National Quotation Bureau Incorporated, or if such series is listed on an exchange, on the principal exchange on which such series is listed. If for any day the Fair Market Value of a share of any Company Series A Common Stock or Company Series B Common Stock is not determinable by any of the foregoing means, then the Fair Market Value for such day shall be determined in good faith by the Company Board on the basis of such quotations and other considerations as the Company Board deems appropriate.
Examples of Fair Market in a sentence
The cash dividends or stock dividends so withheld by the Committee shall be distributed to the Grantee in cash or, at the discretion of the Committee, in shares of Common Stock having a Fair Market Value equal to the amount of such dividends, if applicable, upon the release of restrictions on the shares of Restricted Stock to which they relate, and if such shares of Restricted Stock are forfeited, the Participant shall have no right to such dividends.
In all other cases, the call right shall be at the Fair Market Value determined at the applicable Valuation Date.
In all other cases, the put right shall be at the Fair Market Value determined at the applicable Valuation Date.
If the higher of such Estimates is not more than 105% of the lower of such Estimates, then Fair Market rate shall be the average of the two Estimates.
If the fair market rate is not resolved by the exchange of Estimates, then, within fourteen (14) days after the exchange of Estimates, Landlord and Tenant shall each select a real estate broker to determine which of the two Estimates most closely reflects the Fair Market rate for the Premises during the Renewal Term.
More Definitions of Fair Market
Fair Market. Value" of a share of Common Stock as of a particular date ----------------- shall mean:
Fair Market. Value" of any shares of Common Stock issued or issuable upon exercise of the Warrants shall mean the fair market value of such shares on the date of determination, which shall be determined as follows:
Fair Market. Value" of a share of Common Stock as of any date shall mean, as of any date, the average of the closing prices of Common Stock for the twenty (20) consecutive Trading Days next preceding the date five (5) days prior to the date in question. The closing price for each day shall be:
Fair Market. Value shall mean, with respect to Common Stock of the Company, the price at which the Stock sold on the last normal transaction of the trading day on a specified date, or if no trading occurs on such specified date, on the most recent preceding business day on which trading occurred, as quoted on the New York Stock Exchange. Investment Options shall mean the investment indices or securities selected by the Company among which the Colleague will select for the purpose of determining how the Colleague’s Dividend Equivalent Unit Account will be deemed to be invested in order to determine the amount of earnings or losses to be credited or debited to the Colleague’s Dividend Equivalent Unit Account. Specifically, the Investment Options are the S&P 500 Composite Index, the ▇▇▇▇▇▇ Brothers Aggregate Bond Index and the Three Month U. S. Treasury ▇▇▇▇. Investment Performance shall mean the total return amount of the S&P 500 Composite Index and the ▇▇▇▇▇▇ Brothers Aggregate Bond Index for these Investment Options and the average quarterly yield of the Three Month U.S. Treasury ▇▇▇▇ Investment Option reported in the Wall Street Journal or if not so reported, in any nationally recognized financial publication, as of the last day of each calendar quarter.
Fair Market means, as of any date, the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system for the last market trading day prior to the time
Fair Market value means the price that a good or service would bring between a willing seller and a willing buyer in the open market after negotiations. If the fair market value cannot be determined, the actual price paid for the good or service shall be given consideration.
Fair Market value means a value as determined by either the local tax assessor, an appraisal by a licensed appraiser, or a market analysis by a licensed realtor.