Public Market Value

Example Definitions of "Public Market Value"
Public Market Value. As of any given day, the reported per Unit closing price of the Units on the Stock Exchange on which such Units are traded or quoted (or, if there is no reported closing price on that day, then on the last preceding day on which such a closing price was reported) or if the Units are traded or quoted in the over-the-counter market, the average of the closing bid and asked prices of such units, in each case for the five trading days prior to but excluding the day on which the determination of... Public Market Value is to be made pursuant to the Program (or, if there is no reported trades on a particular trading day in such five-day period, the most recent period of five trading days on which there are reported trades) View More
Public Market Value. As Means, as of any given day, the reported per Unit Share closing price of the Units Shares on the Stock Exchange on which such Units Shares are traded or quoted (or, if there is no reported closing price on that day, then on the last preceding day on which such a closing price was reported) or if the Units Shares are traded or quoted in the over-the-counter market, the average of the closing bid and asked prices of such units, Shares, in each case for the five trading days prior to but... excluding the day on which the determination of Public Market Value is to be made pursuant to the Program (or, if there is no reported trades on a particular trading day in such five-day period, the most recent period of five trading days on which there are reported trades) View More
View Variations
All Definitions