VWAP Definition Example with 50 Variations

This page contains an example definition of VWAP, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
VWAP. 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 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 and if prices for the Common Stock are then reported on The Pink Open Market (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 and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow

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 then listed or quoted on a the 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 York, N.Y. time) to 4:02 p.m. (New York City York, N.Y.... time)), (b) if the Common Stock is traded on OTCQB or OTCQX is not a Trading Market, OTCQX, 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 in the "Pink Open Market Market" or successor operated 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 broker-dealer 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 Arrow
VWAP. 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 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, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock Shares are then reported on The Pink in the "Pink Open Market Market" published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price Bid Price per share of the Common Stock Shares so reported, or (d) in all other cases, the fair market value of a share of Common Stock Shares 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 Arrow
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 -7- 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 and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. Buyer. View More Arrow
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 Principal Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Principal 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 New York City time) time to 4:02 p.m. (New New York... City time)), time); (b) if OTCQB or OTCQX the OTC Bulletin Board is not a Trading Principal Market, 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 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 Purchaser and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
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 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 a Trading Market 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) (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 RimAsia and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. CBH. View More Arrow
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, Market other than OTCQB, the OTCQX or the Pink Open Market (or any successors), 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 Business Day from... 9:30 a.m. (New York City York, N.Y. time) to 4:02 p.m. (New York City York, N.Y. time)), (b) if the Common Stock is then quoted on OTCQB or OTCQX is not a Trading Market, (or any successor), 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 the Pink Open Market (or any successor) or OTCQX if the Common Stock is not then quoted for trading on a Trading Market and if prices for the Common Stock are then reported on The in the Pink Open Market (or any successor) operated 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 Holder and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
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 OTCQB Venture Market ("OTCQB") or the OTCQX Best Market ("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 and if prices for the Common Stock are then reported on The Pink Open Market (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 and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. View More Arrow
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 the Common Shares are traded on OTCQB or OTCQX is not a Trading Market, , the volume weighted average sales price of the Common Stock Shares for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is Shares are not then listed or quoted for trading on OTCQB or OTCQX and if prices for the s Common Stock Shares 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 Shares 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 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 Arrow
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, National Exchange, the daily volume weighted average price of the a share of Common Stock for such date (or the nearest preceding date) on the Trading Market National Exchange 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 then listed or quoted on the OTCQB or OTCQX is and not a Trading Market, National Exchange, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the OTCQB or OTCQX as applicable, or (c) if the Common Stock is not then listed or quoted for trading on the OTCQB or OTCQX and if prices for the Common Stock are is then reported on in The Pink Open Market (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 and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. reported. View More Arrow
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 Principal Exchange, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market Principal Exchange 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 York, N.Y. time) to ... class="diff-color-red">4:02 4:00 p.m. (New York City time)), York, N.Y. time), or such time as published by the Principal Exchange), (b) if the Common Stock is traded on OTCQB or OTCQX is not a Trading Market, OTCQX, 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 in the "Pink Open Market Market" or successor operated 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 broker-dealer 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 Arrow
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