Fair Market Value of Common Stock

Example Definitions of "Fair Market Value of Common Stock"
Fair Market Value of Common Stock. In respect of any date on or as of which a determination thereof is being or to be made, the closing market price of the Common Stock reported on the New York Stock Exchange Composite Transactions Tape on such date, or, if the Common Stock was not traded on such date, on the next preceding day on which sales of shares of the Common Stock were reported on the New York Stock Exchange Composite Transactions tape.
Fair Market Value of Common Stock. In respect of any date on or as of which a determination thereof is being or to be made, the average of the high and low per share sales prices of the Common Stock on the New York Stock Exchange Composite Transaction Tape on such date.
All Definitions