Deemed Value

Deemed Value. Shall mean, with respect to one (1) share of ADA Stock, 70% of the average of the closing price of one (1) such share of ADA Stock on the NASDAQ National Market over the thirty (30) day period ending three (3) days prior to the date of calculation.

Deemed Value. Means (i) in the case of shares of Preferred Stock, the liquidation value thereof, (ii) in the case of Subordinated Notes, the original principal amount thereof, (iii) in the case of shares of Vanguard common stock issued upon conversion of any Preferred Stock, the liquidation value of the shares of Preferred Stock so converted, and (iv) in the case of shares of Vanguard common stock issued upon conversion of any of the Subordinated Notes, the original... principal amount of Subordinated Notes so converted. 2 View More

Deemed Value. (i) in the case of Subordinated Notes, the original principal amount thereof, (ii) in the case of shares of Vanguard common stock issued upon conversion of any of the Subordinated Notes, the original principal amount of Subordinated Notes so converted, and (iii) in the case of a Cash-Out Merger, the purchase price of equity securities issued by the purchaser in the Cash-Out Merger.