Current Market Value

Current Market Value. The average of the closing bid and ask prices for the Common Stock during the five business days immediately preceding the date in question.

Current Market Value. Means, in respect of any Share on any date herein specified, the current market value of such Shares (determined without giving effect to the discount for a minority interest as of the last day of the most recent fiscal month prior to such date specified, based on (i) any actual cash transaction whereby the Company sells Shares (or equivalents) pursuant to an arm's length transaction, and if such a cash price is not available, then (ii) the equity value of the Company, as determined in good... faith by an Independent Financial Expert, divided by the number of Fully Diluted Outstanding Shares; provided, however, that, in determining the current market value of such Shares, such Independent Financial Expert shall, to the extent reasonably practical, compare the value of such Shares to Shares or shares of publicly-held companies operating in the Company's industry. By way of explanation of the foregoing, even if the Company is privately-held as of the date of such determination, the Independent Financial Expert will, to the extent reasonably practical, compare the Company to publicly-held companies operating in the same industry. If an Independent Financial Expert selected by the Company is not acceptable to the Holder involved in such determination and the Company and such Holders cannot agree on a mutually acceptable Independent Financial Expert, then such Holders and the Company shall each choose one Independent Financial Expert, and the respective chosen Independent Financial Experts shall agree on another Independent Financial Expert that shall make the determination. The Company shall retain, at its sole cost, such Independent Financial Experts as may be necessary for determining Current Market Value required by the terms of this Warrant. Notwithstanding the foregoing, if the Current Market Value is to be determined as a result of or in connection with a cash transaction for the sale or purchase of Shares in an arm's length transaction as a result of the exercise of "drag along" or "tag along" rights, then the Current Market Value shall be the value of the Shares in such transaction. View More

Current Market Value. With respect to each share of Common Stock, on any date specified herein, the amount per share of Common Stock equal to (a) the last sale price of such Common Stock, regular way, on such date or, if no such sale takes place on such date, the average of the closing bid and asked prices thereof on such date, in each case as officially reported on the principal national securities exchange on which such share of Common Stock is then listed or admitted to trading, or (b) if such Common Stock is not... then listed or admitted to trading on any national securities exchange but is designated as a national market system security by the NASD, the last trading price of such Common Stock on said date, or (c) if there shall have been no trading on such date or if the Common Stock is not so designated, the average of the closing bid and asked prices of such Common Stock on said date as shown by the NASD automated quotation system, or (d) if such Common Stock is not then listed or admitted to trading on any national exchange or quoted in the over-the-counter market, the Current Market Value shall be determined by an independent third party appraiser selected by the Company. View More

Current Market Value. For any security, the average of the last reported sales prices of such class of security for the ten consecutive trading days ending on the most recent trading day prior to the date of the notice of Demand Registration (or, if such sales prices are not readily available, the average closing "bid" prices for the ten consecutive trading days ending on the trading day prior to such date)