Five-Day VWAP
means the arithmetic average of the Daily VWAP for the five consecutive Trading Days ending two Trading Days prior to the applicable Conversion Date.
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Five-Day VWAP
means the VWAP for the immediately preceding five consecutive Trading Days.
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Five-Day VWAP
means the arithmetic average of the Volume Weighted Average Price for the five consecutive Trading Days ending two Trading Days prior to the applicable Conversion Date.
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Examples of Five-Day VWAP in a sentence
If such a payment is made in cash, the payment shall be equal to the Five Day VWAP for one Common Share multiplied by the aggregate number of Common Shares to be purchased, calculated on the date the offer is made.
The price to be paid by the Company upon any repurchase of Common Shares shall be equal to the Five Day VWAP for one Common Share multiplied by the aggregate number of Common Shares to be purchased, calculated on the date the offer is made.
This section does not apply to relationships between Board members and employees, and between employees and the CEO if the CEO has been delegated final authority to hire, which is governed by state law.
In the event that the payment is to be made in Tonix Common Stock, it will be made at the Tonix Common Stock Five Day VWAP, as soon as practicable following date Tonix received OyaGen’s written election and in no event later than the period contemplated by Section 4.2(a), in each case, for all purposes the effective date of issuance (of record) with regard to such Tonix Common Stock shall be no later than two (2) business days after the date Tonix received OyaGen’s written election.
More Definitions of Five-Day VWAP
Five-Day VWAP
means as applicable: (i) the volume weighted average price per Common Share as reported by Bloomberg and calculated during regular trading hours over the five consecutive Trading Day period expiring on the Trading Day immediately prior to the date of delivery of a Conversion Notice in accordance with Section 6(e); or (ii) if the Common Shares are not then listed or traded on a United States securities exchange or trading market and if prices for the Common Shares are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per Common Share so reported.
Five-Day VWAP
means, in respect of any Shares in the issued ordinary share capital of any company listed on the JSE, the volume weighted average price of such Shares calculated over a period of 5 (five) consecutive Trading Days immediately preceding the date on which such volume weighted average price is calculated, as determined by the Calculation Agent in accordance with the Account Bank and Agency Agreement;
Five-Day VWAP
means, as of a particular date, the average of the per share volume-weighted average price of the ADS, as displayed under the heading “Bloomberg VWAP” on the applicable Bloomberg page, for the ten trading days immediately prior to, but excluding, such date.
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Five-Day VWAP
means, as of any date of determination, the volume weighted average price of the GNL Shares for the five (5) trading days ending on the first trading day immediately preceding such date of determination.
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Five-Day VWAP
of our Common Stock means the per share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page “XELA <equity> AQR” (or its equivalent successor if such page is not available) for any five consecutive trading days (or if such volume- weighted average price is unavailable, the market value of one share of our Common Stock on such trading days determined, using a volume-weighted average method to the extent practicable, by a nationally recognized independent investment banking firm retained for this purpose by us). Daily VWAP will be determined without regard to after-hours trading or any other trading outside of the regular trading session.
Five-Day VWAP
means, for any date of determination, an amount equal to (a) the sum of the Daily VWAP for each Trading Day in the five consecutive Trading Day period ending on, and including, the Trading Day immediately preceding such date of determination, divided by (b) five.
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Five-Day VWAP
means, as of a particular date, the average of each daily VWAP for the five (5) consecutive Trading Days occurring immediately prior to (but not including) such date.
