VWAP Definition Example with 50 Variations

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is Shares are then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock Shares for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is Shares are then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City... time)), (b) if OTCQB or OTCQX the OTC Bulletin Board is not a Trading Market, the volume weighted average price of the Common Stock Shares for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, the OTC Bulletin Board, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX the OTC Bulletin Board and if prices for the Common Stock Shares are then reported on The in the "Pink Sheets" published by Pink Open Market OTC Markets, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock Share so reported, or (d) in all other cases, the fair market value of a share of Common Stock Share as determined by an independent appraiser Independent Appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the primary Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg Financial L.P. (based on a Trading Day from 9:30 a.m. (New York City time) EST to 4:02 p.m. (New York City time)), Eastern Time) using the VAP function; (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX the Trading Market and if prices for the Common Stock are then reported on The Pink Open Market in the "Pink Sheets" published by the National Quotation Bureau Incorporated (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, reported; or (d) (c) in all other cases, the fair market value of a share of Common Stock as determined by an independent a nationally recognized-independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. Majority Holders. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted OTC Bulletin Board as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), time); (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX the OTC Bulletin Board and if prices for the Common Stock are then reported on The by Pink Open Market Sheets, LLC (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, reported; or (d) (c) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding Majority Holders and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. Issuer. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg Financial L.P. (based on a Trading Day from 9:30 a.m. (New York City time) Eastern Time to 4:02 p.m. (New York City time)), Eastern Time); (b) if OTCQB or OTCQX the Common Stock is not then listed or quoted on a Trading Market, Market and if prices for the Common Stock are then quoted on the OTC Bulletin Board, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, the OTC Bulletin Board; (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX the OTC Bulletin Board and if prices for the Common Stock are then reported on The Pink Open Market in the "Pink Sheets" published by the National Quotation Bureau Incorporated (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, reported; or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding Holders and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg Financial L.P. (based on a Trading Day from 9:30 a.m. (New York City time) Eastern Time to 4:02 p.m. (New York City time)), Eastern Time); (b) if OTCQB or OTCQX the Common Stock is not then listed or quoted on a Trading Market, Market and if prices for the Common Stock are then quoted on the OTC Bulletin Board, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, the OTC Bulletin Board; (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX the OTC Bulletin Board and if prices for the Common Stock are then reported on The in the "Pink Sheets" published by the Pink Open Market Sheets, LLC (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, reported; or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding Purchasers and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if the Common Stock... is traded on OTCQB or OTCQX is not a Trading Market, , the volume weighted average sales price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are is then reported on The Pink Open Market in the "Pink Sheets" published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share Share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding Lead Investor and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) (i) if the Common Stock is then listed or quoted on a Trading Market, national securities exchange or other trading market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Principal Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York... City time) to 4:02 p.m. (New York City time)), (b) (ii) if the Common Stock is then listed or quoted for trading and neither OTCQB or nor OTCQX is not a the Principal Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX OTCQX, as applicable, (c) (iii) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on The Pink Open Market in the "Pink Sheets" published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) (iv) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding Holder and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. Company View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) (i) if the Common Stock is then listed or quoted on a Trading Market, national securities exchange or other trading market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Principal Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York... City time) to 4:02 p.m. (New York City time)), (b) (ii) if the Common Stock is then listed or quoted for trading and neither OTCQB or nor OTCQX is not a the Principal Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX OTCQX, as applicable, (c) (iii) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on The Pink Open Market in the "Pink Sheets" published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) (iv) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding Holder and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) (i) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) (Eastern Standard Time) to 4:02 p.m. (New York City... time)), (b) if OTCQB or OTCQX is not a Trading Market, (Eastern Standard Time)); (ii) the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) the OTC Bulletin Board; (iii) if the Common Stock is are not then listed or quoted for trading on OTCQB or OTCQX the OTC Bulletin Board and if prices for the Common Stock are then reported on The Pink Open Market in the OTCQB maintained by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, reported; or (d) (iv) in all other cases, the fair market value of a share of the Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More

VWAP. Means, means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if the Common Stock... is traded on OTCQB or OTCQX is not a Trading Market, , the volume weighted average sales price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are is then reported on The Pink Open Market in the "Pink Sheets" published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding Lead Investor and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More