Measurement Value definition

Measurement Value means the average of the daily closing prices for a share of Stock for the 20 trading days ending on the fifth business day prior to the date of payment of Performance Shares for an Award Period or an Interim Period, as the case may be, on the Composite Tape for the New York Stock Exchange — Listed Stocks, or, if the stock is not listed on such Exchange, on the principal United States securities exchange registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on which the stock is listed, or, if the stock is not listed on any such Exchange, the average of the daily closing bid quotations with respect to a share of the stock for such 20 trading days on the National Association of Securities Dealers, Inc., Automated Quotations System or any system then in use, or, if no such quotations are available, the fair market value of a share of Stock as determined by a majority of the Board of Directors; provided, however that if a Change in Control shall have occurred, then if no such quotations are available, such determination shall be made by a majority of the Incumbent Board (as defined in the Change in Control definition above).
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Measurement Value means, in respect of an Equity Appreciation Award, the value of an Interest underlying an Award as determined by the Committee, in good faith, in its discretion. The Initial Measurement Value of an Interest covered by an Award will be $15.82 (or such higher amount as may be determined by the Committee on the Date of Grant), subject to adjustment for splits and similar events in accordance with Section 4.2 hereof. The Final Measurement Value will be the value of an Interest underlying an Award as determined by the Committee as of the date of the Liquidation Event; provided, however, that in no event shall the Final Measurement Value of an Interest exceed $26.31, subject to adjustment for splits and similar events in accordance with Section 4.2 hereof.
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Measurement Value means (i) if the applicable Average Fair Market Value is equal to or less than 75% of the Initial Value, 75% of the Initial Value, (ii) if the applicable Average Fair Market Value is greater than 75% of the Initial Value but less than 200% of the Initial Value, the applicable Average Fair Market Value, or (iii) if the applicable Average Fair Market Value equals or exceeds 150% of the Initial Value, 150% of the Initial Value.
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Examples of Measurement Value in a sentence

  • Seller will review and respond, to the extent practical, to all such compliance requests submitted by Buyer to Seller on a case by case basis.

  • Note Measurement Value Processing with PC Software (e.g. PS3) Only one RE measurement value is entered to some of the report forms.

  • The Billing Factor in MWh shall be: ABS(Intentional Deviation Measurement Value – Resource Schedule) – 1 Minutes of schedule divided by 60 minutes ABS = the absolute value of the term in parentheses.

  • ABS(Intentional Deviation Measurement Value Error) = the absolute value of the Station Control Error that would have resulted from a schedule that was set equal to the resource’s applicable Intentional Deviation Measurement Value.

  • The Initial Measurement Value shall be stated in the individual Award agreement described in Section 6.1(c) below and shall be subject to adjustment as provided in Section 4.2 hereof.

  • The output from the roller is designated as the Intelligent Compaction Measurement Value (IC-MV), which represents the stiffness of the materials based on the vibration of the roller drums and the resulting response from the underlying materials.

  • As of June 30, 2021, the District had the following investments: Measurement/Investment type Measurement Value Total$ 6,402,035$ 6,402,035 The weighted average maturity of investments is 0 days.

  • Thus, for example, if an Eligible Executive's stock ownership level was $250,000 and the Measurement Value was $25 per share, then the Minimum Ownership Level would be 10,000 shares.

  • Investments As of June 30, 2021, the Town’s investment balances were as follows:Valuation Book Measurement Value atInvestment Type Method 6/30/2021 NC Capital Management Trust - Government Portfolio Fair Value Level 1 $ 10,508 All investments are measured using the market approach: using prices and other relevant information generated by market transactions involving identical or comparable assets or a group of assets.

  • It is calculated by dividing the stock ownership level by the Measurement Value.


More Definitions of Measurement Value

Measurement Value has the meaning set forth in Section 2.4(a).
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Measurement Value means, in respect of a share of Phantom stock, the value established by the Committee pursuant to Section 5.3.
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Measurement Value means the outstanding amounts due in respect of the Debentures (as defined in the Transaction Term Sheet to which this MIP Term Sheet is annexed) (including principal, accrued but unpaid interest, and all other obligations under the Debentures) immediately prior the Transaction Effective Date.“Transaction Common Stock” means the shares of KLD Common Stock received by the Debenture Holders in the Transaction in respect of their Debentures.Any performance-based RSU that is not vested upon a Change in Control pursuant to the foregoing conditions shall be forfeited for no consideration. Settlement Shares associated with vested time vesting RSUs will settle at the earlier of a Change in Control or seven (7) years after grant. Taxes Participants may satisfy taxes incurred in connection with the vesting and settlement of awards through net share settlement. Securities Law RSUs will be issued in transactions that are not registered under the Securities Act of 1933. When the RSUs vest, participants will receive restricted securities that may only be transferred in accordance with an exemption from applicable registration requirements. [1] The following terms relate solely to the Initial Grants. The vesting terms for subsequent grants will be determined by the Board. [2] “Change in Control” shall have the meaning ascribed to it in the Company’s 2019 Incentive Award Plan.
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Measurement Value means, on any given day, the fair market value per share of the Common Stock determined as follows:
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Related to Measurement Value

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Procurement Value means the estimated total financial commitment resulting from procurement, taking into account optional extensions.

  • Agreement Value means, for each Hedge Agreement, on any date of determination, an amount determined by the Administrative Agent equal to: (a) in the case of a Hedge Agreement documented pursuant to the Master Agreement (Multicurrency-Cross Border) published by the International Swap and Derivatives Association, Inc. (the “Master Agreement”), the amount, if any, that would be payable by any Loan Party or any of its Subsidiaries to its counterparty to such Hedge Agreement, as if (i) such Hedge Agreement was being terminated early on such date of determination, (ii) such Loan Party or Subsidiary was the sole “Affected Party”, and (iii) the Administrative Agent was the sole party determining such payment amount (with the Administrative Agent making such determination pursuant to the provisions of the form of Master Agreement); or (b) in the case of a Hedge Agreement traded on an exchange, the xxxx-to-market value of such Hedge Agreement, which will be the unrealized loss on such Hedge Agreement to the Loan Party or Subsidiary of a Loan Party party to such Hedge Agreement determined by the Administrative Agent based on the settlement price of such Hedge Agreement on such date of determination, or (c) in all other cases, the xxxx-to-market value of such Hedge Agreement, which will be the unrealized loss on such Hedge Agreement to the Loan Party or Subsidiary of a Loan Party party to such Hedge Agreement determined by the Administrative Agent as the amount, if any, by which (i) the present value of the future cash flows to be paid by such Loan Party or Subsidiary exceeds (ii) the present value of the future cash flows to be received by such Loan Party or Subsidiary pursuant to such Hedge Agreement; capitalized terms used and not otherwise defined in this definition shall have the respective meanings set forth in the above described Master Agreement.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Replacement Value means the price, including accrued interest, at which Equivalent Securities to the Borrowed Securities could be purchased in the principal market for such securities at the time of election by State Street under Section 13.1 hereof.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

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

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Index Start Value means 1,000 index points and represents the Index Closing Value on Index Calculation Day T=0 for the purposes of calculating the index in accordance with C).

  • Average VWAP per share over a certain period shall mean the arithmetic average of the VWAP per share for each Trading Day in such period.

  • Adjusted Value as used in subdivision (d) means:

  • SPS AER Value means the Underlying Reference Value.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • Hedge Termination Value means, in respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender).

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (a) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (b) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Valuation Percentage means, for any item of Eligible Collateral, the percentage specified in Paragraph 13.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Average Stock Price means the average of the closing prices of a Share, as reported on NASDAQ (or such other stock exchange as is applicable), for the forty-five (45) trading day period immediately preceding the date for which the Average Stock Price is being determined hereunder.

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;