Interim Period Average definition

Interim Period Average means the sum of the closing prices of CCC Common Stock on every trading day from and including the date referenced in clause (i) above and through and including the date referenced in clause (ii) above, divided by the number of trading days included in such period. The closing price of CCC Common Stock on a trading day, for purposes of this calculation, shall be the day's last trade price as reported on the Nasdaq National Market (or if no trade price is reported for any such day, the average of the last bid and ask prices for the CCC Common Stock). The shares of CCC Common Stock to be issued in respect of the Base Merger Consideration shall be registered under the Securities Act of 1933, as amended (the "1933 Act"), and approved for quotation -------- on the Nasdaq National Market .
Sample 1
Interim Period Average means the sum of the closing prices of Bristol's publicly traded Common Stock on every trading day from and including the date referenced in clause (a), above, and through and including the date referenced in clause (b), above, divided by the number of trading days included in such period. The closing price of Bristol's publicly traded Common Stock on a trading day, for purposes of this calculation, shall be the day's last trade price as reported on NASDAQ.
Sample 1
Interim Period Average means the sum of the closing prices of Bristol Public Stock on every trading day from and including the date referenced in clause (I) above and through and including the date referenced in clause (II) above, divided by the number of trading days included in such period. The closing price of Bristol Public Stock on a trading day, for purposes of this calculation, shall be the day's last trade price as reported by NASDAQ. Notwithstanding the above, if the closing price of Bristol Public Stock on the Closing Date is less than the Effective Bristol Share Price, then the value of each share of Bristol Common Stock shall be based entirely on the closing price of Bristol Public Stock on the Closing Date. The number of shares of Bristol Common Stock, as calculated above, shall be referred to herein as the "Aggregate Consideration." The parties acknowledge that the Aggregate Consideration is based upon a presumed Company net worth, as of December 31, 1996, equal to $1,310,000 (the "Presumed Company Net Worth"). The Aggregate Consideration shall be subject to potential adjustments as set forth in Section 1.2(e) below.
Sample 1

Examples of Interim Period Average in a sentence

  • Interim Period Average means the sum of the closing prices of CCC Common Stock on every trading day from and including the date referenced in clause (i) above and through and including the date referenced in clause (ii) above, divided by the number of trading days included in such period.

  • For the purposes of valuing the Escrow Shares to be released by the Escrow Agent in respect of any Indemnification Claim, the per share value of such Escrow Shares shall be equal to the Interim Period Average Price.

  • The term "Interim Period Average" shall mean the sum of the closing trading prices of the xxxx.xxx Common Stock on every trading day from and including the date referenced in clause (i) above and through and including the date referenced in clause (ii) above, divided by the number of trading days in such period.

  • The remaining $16,275,000 of the Base Merger Consideration shall be paid at Closing in shares of CCC Common Stock valued at a price per share (the "Merger Price") equal to ------------ the sum of (i) the closing price of CCC Common Stock on January 29, 1998, plus (ii) the closing price of CCC Common Stock on the last trading day prior to the Closing Date, plus (iii) the "Interim Period Average" (as such term is defined ---------------------- below), divided by 3.

  • This posting will give parents brief information about the incident and outline follow-up actions taken and the outcomes, while respecting the privacy of the individuals involved.Longer-term actions taken by the operator will also be included to help prevent similar incidents in the future, where applicable.

  • The remaining $2,867,130 of the Base Merger Consideration shall be paid at Closing in shares of CCC Common Stock valued at a price per share (the "Merger Price") equal to ------------ the sum of (i) the closing price of CCC Common Stock on January 29, 1998, plus (ii) the closing price of CCC Common Stock on the last trading day prior to the Closing Date, plus (iii) the "Interim Period Average" (as such term is defined ---------------------- below), divided by 3.

  • The remaining $35,000,000 of the Base Merger Consideration shall be paid at Closing in shares of CCC Common Stock valued at a price per share of $23.00 (the "Merger Price") which the parties hereto irrevocably agree is equal to ------------ the sum of (i) the closing price of CCC Common Stock on February 19, 1998, plus (ii) the closing price of CCC Common Stock on March 5, 1998, plus (iii) the "Interim Period Average" (as such term is defined below), divided by 3.

  • The remaining $3,432,870 of the Base Merger Consideration shall be paid at Closing in shares of CCC Common Stock valued at a price per share (the "Merger Price") equal to ------------ the sum of (i) the closing price of CCC Common Stock on January 29, 1998, plus (ii) the closing price of CCC Common Stock on the last trading day prior to the Closing Date, plus (iii) the "Interim Period Average" (as such term is defined ---------------------- below), divided by 3.

  • The remaining $7,350,000 of the Base Merger Consideration shall be paid at Closing in shares of CCC Common Stock valued at a price per share (the "Merger Price") which the parties hereto irrevocably agree is equal to the sum of (i) the closing price of CCC Common Stock on March 25, 1998, plus (ii) the "Interim Period Average" (as such term is defined below), plus (iii) the closing price of CCC Common Stock on the date that is three days prior to the Closing, divided by 3.

  • The remaining $13,125,000 of the Base Merger Consideration shall be paid at Closing in shares of CCC Common Stock valued at a price per share (the "Merger Price") equal to ------------ the sum of (i) the closing price of CCC Common Stock on January 29, 1998, plus (ii) the closing price of CCC Common Stock on the last trading day prior to the Closing Date, plus (iii) the "Interim Period Average" (as such term is defined ---------------------- below), divided by 3.


More Definitions of Interim Period Average

Interim Period Average means the sum of the closing prices of IDG Common Stock on every trading day from and including the date referenced in clause (a) above and through and including the date referenced in clause (b) above, divided by the number of trading days included in such period. The closing price of IDG Common Stock on a trading day, for purposes of this calculation, shall be the day's last trade price as reported by the New York Stock Exchange. If the Company and IDG are advised by their respective counsel that to permit the Merger to be completed in accordance with applicable legal processes and requirements, the Negotiating Period Average Price must be determined earlier than three business days before the Closing Date, the Company and IDG shall agree to use a date, for purposes of clause (b) above, that is the least number of days prior to the Closing Date that is reasonably acceptable in light of the advice of such counsel.
Sample 1
Interim Period Average means the sum of the closing trading prices of the xxxx.xxx Common Stock on every trading day from and including the date referenced in clause (i) above and through and including the date referenced in clause (ii) above, divided by the number of trading days in such period.
Sample 1
Interim Period Average means the sum of the closing prices of USOP Common Stock on every trading day from and including the date referenced in clause (I) above and through and including the date referenced in clause (II) above, divided by the number of trading days included in such period. The closing price of USOP Common Stock on a trading day, for purposes of this calculation, shall be the day's last trade price as reported by NASDAQ. The above formulas shall be equitably adjusted for any Stock Events occurring after the date of this Agreement.
Sample 1

Related to Interim Period Average

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such date is equal to or greater than 5.00%.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Weighted Average Spread means, with respect to Floating Rate Obligations (in each case excluding Defaulted Loans), as of any date, the number obtained by:

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Weighted Average means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Interim Period has the meaning specified in Section 6.1.

  • Monthly Average means the highest allowable average of “daily discharges” over a calendar month, calculated as the sum of all “daily discharges” measured during a calendar month divided by the number of “daily discharges” measured during that month. For Fecal Coliform Bacteria (FCB) or E-Coli, report the monthly average.

  • Quarterly Excess Spread Percentage means, for each Determination Date, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Spread Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Portfolio Investment included in the Borrowing Base, on an annualized basis, the Spread of such Floating Rate Portfolio Investments, by the outstanding principal balance of such Floating Rate Portfolio Investments as of such date and dividing such sum by the aggregate outstanding principal balance of all such Floating Rate Portfolio Investments and rounding the result up to the nearest 0.01%.

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in respect of the Bank’s outstanding borrowings or portions thereof allocated by the Bank to fund single currency loans or portions thereof made by it that include the Loan; as reasonably determined by the Bank and expressed as a percentage per annum.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).