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 (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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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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Examples of Measurement Value in a sentence

  • All projects likely to be category A for Environment, IR and IP according to ADB’s classification shall be screened out at this stage.

  • The value of stock beneficially owned by the Eligible Executive is determined by multiplying the number of shares owned beneficially on the Measurement Date times the Measurement Value.

  • 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 value of stock held in the PG&E Corporation stock fund of any defined contribution plan maintained by PG&E Corporation or any of its subsidiaries is determined by multiplying the number of shares in such plan on the Measurement Date times the Measurement Value.

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

  • The BPA provided scheduling value is the Intentional Deviation Measurement Value for purposes of calculating the Intentional Deviation Penalty Charge as set forth in the BPA Transmission, Ancillary, and Control Area Service Rate Schedules.

  • 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.

  • This calculation converts the dollar value of the stock ownership level used as the basis for qualifying for SISOPs into a number of shares of stock by dividing that stock ownership level by the Measurement Value.

  • 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 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. ADDITIONAL TERMS 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, 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, 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 means $182.11, the per share closing price of the Common Stock reported by The New York Stock Exchange for the last trading date preceding January 1, 2015. For purposes of the REIT Index and S&P Index measures used in determining the attainment of each of the respective Relative TSR Goals, the baseline value for each shall also be the ending value of the applicable index as of the last day of the year prior to the Effective Date.

  • 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 ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

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

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Average VWAP means the average of the VWAPs for each Trading Day in the relevant period.

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

  • SPS AER Value means the Underlying Reference Value.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Reference Value means the last reported sales price of the shares of Common Stock 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).

  • 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;

  • 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;