Total Common Equity definition

Total Common Equity of any Person means, as of any day of determination (and as modified for purposes of the definition of "Change of Control"), the product of (i) the aggregate number of outstanding primary shares of Common Stock of such Person on such day (which shall not include any options or warrants on, or securities convertible or exchangeable into, shares of Common Stock of such Person) and (ii) the average Closing Price of such Common Stock over the 20 consecutive Trading Days immediately preceding such day. If no such Closing Price exists with respect to shares of any such class, the value of such shares for purposes of clause (ii) of the preceding sentence shall be determined by the Board of Directors in good faith and evidenced by a Board Resolution.
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Total Common Equity of any Person means, as of any date of determination the product of (i) the aggregate number of outstanding primary shares of Common Stock of such Person on such day (which shall not include any options or warrants on, or securities convertible or exchangeable into, shares of Common Stock of such Person) and (ii) the average Closing Price of such Common Stock over the 20 consecutive Trading Days immediately preceding such day. If no such Closing Price exists with respect to shares of any such class, the value of such shares for purposes of clause (ii) of the preceding sentence shall be determined by the Board of Directors of the Company in good faith and evidenced by a resolution of the Board of Directors filed with the Trustee.
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Total Common Equity of any Person means, as of any day of determination, the product of
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Examples of Total Common Equity in a sentence

  • Method of Allocation - Legal services will be allocated to the Operating Companies and affected affiliates based on an average of the Payroll Ratio, the Revenue Ratio and the Total Common Equity Ratio, with 20 Percent of Common Equity assigned to New Century Energies, Inc.

  • Method of Allocation - Governmental Affairs will be allocated based on the average of the Revenue Ratio, the Employee Ratio, and the Total Common Equity Ratio, with 20 Percent of Common Equity assigned to New Century Energies, Inc.

  • Method of Allocation - Executive Management Services will be allocated based on the average of the Revenue Ratio, the Total Assets Ratio and the Total Common Equity Ratio, with 20 percent of Common Equity assigned to New Century Energies, Inc.

  • Method of Allocation - Finance and Treasury activities will be allocated to the Operating Companies and affected affiliates based on an average of the Revenue Ratio, the Total Construction Expenditures Ratio and the Total Common Equity Ratio, with 20 Percent of Common Equity assigned to New Century Energies, Inc.

  • Methods of Allocation - Corporate Communications services will be allocated to the Operating Companies and affected affiliates based on the Revenue Ratio, the Employee Ratio and the Total Common Equity Ratio, with 20 Percent of Common Equity assigned to New Century Energies, Inc.


More Definitions of Total Common Equity

Total Common Equity of any Person means, as of any day of determination, the product of (i) the aggregate number of outstanding common shares of such Person on such day (which will not include any options or warrants on, or securities convertible or exchangeable into, common shares of such Person) and (ii) the VWAP of such common shares over the 20 consecutive Trading Days immediately preceding such day.
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Total Common Equity of any Person means, as of any day of determination, the product of (i) the aggregate number of outstanding primary shares of Common Stock of such Person on such day (which shall not include any options or warrants on, or securities convertible or exchangeable into, shares of Common Stock of such Person) and (ii) the average Closing Price of such Common Stock over the 20 consecutive Trading Days immediately preceding such day. If no such Closing Price exists with respect to shares of any such class, the value of such shares for purposes of clause (ii) of the preceding sentence shall be determined by the board of directors of such Person in good faith and evidenced by a resolution of such board of directors.
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Total Common Equity of the Company means, as of any day of determination, the product of (i) the aggregate number of shares of fully diluted common stock of the Company on such day and (ii) the average closing price of such common stock over the 20 consecutive trading days immediately preceding such day. If no such closing price exists with respect to shares of any such class, the value of such shares for purposes of clause (ii) of the preceding sentence shall be determined by the Board in good faith and evidenced by a resolution of such Board.
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Total Common Equity of any Person means, as of any day of determination (and as modified for purposes of the definition of “Change of Control”), the product of (1) the aggregate number of outstanding primary shares of Common Stock of such Person on such day (which shall not include any options or warrants on, or securities convertible or exchangeable into, shares of Common Stock of such Person) and (2) the average Closing Price of such Common Stock over the 20 consecutive Trading Days immediately preceding such day. If no such Closing Price exists with respect to shares of any such class, the value of such shares for purposes of clause (2) of the preceding sentence shall be determined by the Board of Directors in good faith and evidenced by a Board Resolution.
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Total Common Equity of any person means, as of any day of determination (and as modified for purposes of the definition of "Change of Control"), the product of (a) the aggregate number of outstanding primary shares of Common Stock of such person on such day (which shall not include any options or warrants on, or securities convertible or exchangeable into, shares of Common Stock of such person) and (b) the average Closing Price of such Common Stock over the 20 consecutive Trading Days immediately preceding such day. If no such Closing Price exists with respect to shares of any such class, the value of such shares for purposes of clause (b) of the preceding sentence shall be determined by the Board of Directors in good faith and evidenced by a written opinion as to such value issued by an investment banking firm of recognized national standing.
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Total Common Equity of any person means, as of any day of determination (and as modified for purposes of the definition of "Change of Control"), the product of (1) the aggregate number of outstanding primary shares of Common Stock of such person on that day
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Total Common Equity means the sum of (i) Adjusted Assets, minus (ii) the sum of (A) Adjusted Liabilities plus (B) Preferred Shares at Liquidation Preference.
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