Facility Units Average

Example Definitions of "Facility Units Average"
Facility Units Average. Means, with respect to any Quarter, the mean number of Facility Units outstanding in such Quarter, to be calculated by dividing (i) the sum of the number of Facility Units outstanding as of 5:00 p.m. (New York City time) on each day of such Quarter by (ii) the number of days in such Quarter, the result of such calculation being rounded to the nearest one-hundredth and a result ending in five one-thousandths being rounded down.
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