Average Fair Market Value

Example Definitions of "Average Fair Market Value"
Average Fair Market Value. Shall mean the average of the daily closing prices on the New York Stock Exchange per share of such Class A Common Stock for the 10 consecutive trading days before the day in question. If on any such date the shares of such Class A Common Stock are not listed or admitted for trading on any national securities exchange and not quoted on any similar service, the Average Fair Market Value for such shares shall be the fair market value as determined by mutual agreement of the Board of Directors of... the Company and a representative of holders of a majority of the Series C Preferred Stockholders. -9- View More Arrow
All Definitions