Fair Market Value Definition Example with 37 Variations

This page contains an example definition of Fair Market Value, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Fair Market Value. Per share as of a particular date shall mean (i) the closing sales price per share of Common Stock on the national securities exchange on which the Common Stock is principally traded for the last preceding date on which there was a sale of such Common Stock on such exchange, or (ii) if the shares of Common Stock are then traded in an over-the-counter market, the average of the closing bid and asked prices... for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, in its sole discretion, shall determine. View More Arrow
Found in SYMBION INC contract

Variations

Fair Market Value. Per with respect to Stock or other property, the fair market value of such Stock or other property determined by such methods or procedures as shall be established from time to time by the Board. Unless otherwise determined by the Board in good faith, the per share Fair Market Value of Stock as of a particular date shall mean (i) the closing sales price per share of Common Stock on the national securities exchange on which the Common Stock is principally traded traded, for the last preceding... date on which there was a sale of such Common Stock on such exchange, or exchange; (ii) if the shares of Common Stock are then traded in an over-the-counter market, the average of the closing bid and asked prices for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, market; or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, Board, in its sole discretion, shall determine. View More Arrow
Found in STARWOOD PROPERTY TRUST, INC. contract
Fair Market Value. Per per share of Stock as of a particular date shall mean (i) means: (a) the closing sales price per share of Common Stock on that date on the national securities exchange on which the Common Stock is principally traded or, if the exchange is not open or for any other reason there are no sales of Stock on that date, the closing sales price per share of Stock for the last preceding date on which there was a sale of such Common Stock on such exchange, exchange; or (ii) (b) if the shares of Common... Stock are then traded in an over-the-counter market, the average of the closing bid and asked prices for the shares of Common Stock on that date in such over-the-counter market or, if the market is not open or for any other reason there are no sales of Stock on that date, the average of the closing bid and asked prices on the last preceding date on which there was a sale of such Common Stock in such market, market; or (iii) (c) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, in its sole discretion, shall determine. View More Arrow
Found in Con-way Inc. contract
Fair Market Value. Per per share as of a particular date shall mean (i) the closing sales price per share of Common Stock as reported on the New York Stock Exchange (or if the shares of Common Stock are not then traded on such exchange, on the principal national securities exchange on which the Common Stock is principally traded they are then traded) for the last preceding date on which there was a sale of such Common Stock on such exchange, or (ii) if the shares of Common Stock are not then traded in on a... national securities exchange but are traded on an over-the-counter market, the average of the closing bid and asked prices for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, Committee (as defined in Section 3 hereof) in its sole discretion, shall discretion may determine. View More Arrow
Found in 5 Contracts from ANN INC.
Fair Market Value. Per of a share of Common Stock, as of a particular date date, shall mean (i) (1) if the shares of Common Stock are then listed on a national securities exchange, the closing sales price per share of Common Stock on the such national securities exchange on which the Common Stock is principally traded for the last preceding date on which there was a sale of such Common Stock on such exchange, date, or (ii) (2) if the shares of Common Stock are then traded in an over-the-counter market, the... average of the closing bid and asked ask prices for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, date, or (iii) (3) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, or the value of such shares is not otherwise determinable, such value as determined by the Committee, Committee in its sole discretion, shall determine. good faith discretion. View More Arrow
Found in 2 Contracts from 2 Companies
Fair Market Value. Per means, with respect to Stock or other property, the fair market value of such Stock or other property determined by such methods or procedures as shall be established from time to time by the Committee. Unless otherwise determined by the Committee in good faith, the per share Fair Market Value of Stock as of a particular date shall mean (i) the closing mean between the highest and lowest reported sales price per share of Common Stock on the national securities exchange on which the Common... Stock is principally traded traded, for the last preceding date on which there was a sale of such Common Stock on such exchange, or (ii) if the shares of Common Stock are then traded in an over-the-counter market, the average of the closing bid and asked prices for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, in its sole discretion, shall determine. View More Arrow
Found in 6 Contracts from 5 Companies
Fair Market Value. Per means, with respect to Stock or other property, the fair market value of such Stock or other property determined by such methods or procedures as shall be established from time to time by the Committee. Unless otherwise determined by the Committee in good faith, the per share Fair Market Value of Stock as of a particular date shall mean (i) the closing sales price per share of Common Stock on the national securities exchange on which the Common Stock is principally traded for the last... preceding date on which there was a sale of such Common Stock on such exchange, particular date, or (ii) if the shares of Common Stock are then traded in an over-the-counter market, 3 the average of the closing bid and asked prices for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, particular date, or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, in its sole discretion, shall determine. View More Arrow
Found in WINN DIXIE STORES INC contract
Fair Market Value. Per means, with respect to Stock or other property, the fair market value of such Stock or other property determined by such methods or procedures as shall be established from time to time by the Committee. Unless otherwise determined by the Committee in good faith, the per share Fair Market Value of Stock as of a particular date shall mean (i) the closing sales price per share of Common Stock on the national securities exchange on which the Common Stock is principally traded traded, for the... last preceding date on which there was a sale of such Common Stock on such exchange, or (ii) if the shares of Common Stock are then traded in an over-the-counter market, the average of the closing bid and asked prices for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, in its sole discretion, shall determine. View More Arrow
Found in AMERICAN BILTRITE INC contract
Fair Market Value. Per with respect to Stock or other property, the fair market value of such Stock or other property determined by such methods or procedures as shall be established from time to time by the Committee. Unless otherwise determined by the Committee in good faith, the per share Fair Market Value of Stock as of a particular date shall mean (i) the closing mean between the highest and lowest reported sales price per share of Common Stock on the national securities exchange on which the Common Stock is... principally traded traded, for the last preceding date on which there was a sale of such Common Stock on such exchange, or (ii) if the shares of Common Stock are then traded in an over-the-counter market, the average of the closing bid and asked prices for the shares of Common Stock in such over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, in its sole discretion, shall determine. 3 View More Arrow
Found in JACKSON HEWITT TAX SERVICE INC contract
Fair Market Value. Per per share as of a particular date shall mean (i) the closing sales price per share of Common Stock on the a national securities exchange on which the Common Stock is principally traded exchange, for the last preceding date on which there was a sale of such Common Stock on such exchange, exchange or (ii) if the shares of Common Stock are then traded in an on any other over-the-counter market, the average of the closing bid and asked prices for the shares of Common Stock in such... over-the-counter market for the last preceding date on which there was a sale of such Common Stock in such market, market or (iii) if the shares of Common Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as the Committee, Committee in its sole discretion, shall discretion may determine. View More Arrow
Found in M & F WORLDWIDE CORP contract
Fair Market Value. Per of a share of Common Stock, as of a particular date of determination, shall mean (i) the closing sales price per share of Common Stock on the national securities exchange on which the Common Stock such stock is principally traded for the last preceding date on which there was a sale of such Common Stock stock on such exchange, or (ii) if the shares of Common Stock are then traded in an over-the-counter market, the average of not listed or admitted to trading on any such exchange, the... closing bid and asked prices for price as reported by the shares of Common Nasdaq Stock in such over-the-counter market Market for the last preceding date on which there was a sale of such Common Stock in stock on such market, exchange, or (iii) if the shares of Common Stock are not then listed on the Nasdaq Stock Market, the average of the highest reported bid and lowest reported asked prices for the shares of Common Stock as reported by the National Association of Securities Dealers, Inc. Automated Quotations System for the last preceding date on which there was a sale of such stock in such market, or (iv) if the shares of Common 3 Stock are not then listed on a national securities exchange or traded in an over-the-counter market, such value as determined by the Committee, Committee in its sole discretion, shall determine. good faith. View More Arrow
Found in XETA TECHNOLOGIES INC contract
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