3x DCF Coverage Sample Clauses

3x DCF Coverage at the Partnership 1. 2x DCF Coverage at the Partnership 1. 1x DCF Coverage at the Partnership Implied Pro Forma NSH unit Equity Value $ 16.66 - $21.53 $ 17.28 - $22.34 $ 18.01 - $23.28 Implied Status Quo NSH unit Equity Value $ 13.59 - $17.19 $ 15.73 - $19.89 $ 18.25 - $23.07 Implied Premium/(Discount) 22.6% - 25.3% 9.8% - 12.3% (1.3%) - 0.9% Implied Pro Forma NSH unit Equity Value $ 16.66 - $21.53 $ 17.28 - $22.34 $ 18.01 - $23.28 NSH unit Price as of February 6, 2018 $17.10 $17.10 $17.10 Implied Premium/(Discount) (2.6%) - 25.9% 1.1% - 30.6% 5.3% - 36.1% Subsequent Events The table below summarizes the material findings of the pro forma financial analysis performed by Baird and presented to the NSH Conflicts Committee on March 8, 2018. Baird presented a pro forma financial analysis of the transaction with the Partnership, which included discounted cash flow analysis and discounted distribution analysis, using then-current market data. Such analysis utilized the terminal value of the Partnership as of December 31, 2020 and took into consideration the higher market volatility of common units as compared to the February 7, 2018 financial analysis. At the request of the NSH Conflicts Committee, Baird utilized solely the discounted cash flow analysis and discounted distribution analysis for the pro forma financial analysis. Baird then multiplied the respective ranges under each methodology by the merger exchange ratio of 0.55x and then calculated the median of the respective ranges to derive an implied pro forma equity value per NSH unit range.
Sample 1
AutoNDA by SimpleDocs
3x DCF Coverage at the Partnership 1. 2x DCF Coverage at the Partnership 1. 1x DCF Coverage at the Partnership Implied Pro Forma NSH unit Equity Value as of March 8, 2018 Financial Analysis $ 15.14 - $18.92 $ 15.68 - $19.56 $ 16.32 - $20.31 The table below summarizes the material findings of the pro forma financial analysis performed by Baird and presented to the NSH Conflicts Committee on April 26, 2018. Baird presented a pro forma financial analysis of the proposed merger with the Partnership, which included a discounted cash flow analysis, discounted
Sample 1
3x DCF Coverage at the Partnership
Sample 1

Related to 3x DCF Coverage

  • Basic Coverage Contractor shall provide and maintain at the JBE’s discretion and Contractor’s expense the following insurance during the Term:

  • Commencement of Coverage Coverage under the provisions of this article shall apply to regular full-time and regular part-time employees who work 15 regular hours or more per week and shall commence on the first day of the calendar month immediately following the completion of the employee's probationary period.

  • Continuing Coverage If a letter of assurance is obtained from any insurer under a Hazard Insurance policy or a Flood Insurance policy that the insurance coverage shall continue in full force and effect, the Servicer shall deposit such letter in the appropriate Servicer Mortgage Loan File.

  • Basic Coverages Subd. 1. Faculty

  • Scope of Coverage 1. This Section shall apply to an investment dispute between a Member State and an investor of another Member State that has incurred loss or damage by reason of an alleged breach of any rights conferred by this Agreement with respect to the investment of that investor. 2. A natural person possessing the nationality or citizenship of a Member State shall not pursue a claim against that Member State under this Section. 3. This Section shall not apply to claims arising out of events which occurred, or claims which have been raised prior to the entry into force of this Agreement. 4. Nothing in this Section shall be construed so as to prevent a disputing investor from seeking administrative or judicial settlement available within the country of a disputing Member State.

  • Effective Date of Coverage An eligible employee is entitled to benefits provided he is actively at work on the first day the Long Term Disability Benefit Plan becomes effective. An eligible employee absent from work due to sickness or accident at the effective date of the Plan, shall only be eligible for Long Term Disability Plan benefits upon the return to continuous active full-time employment for a period of more than four consecutive weeks. The Company shall have the right to give medical examinations to employees returning from such lay-off to determine their eligibility under the Plan.

  • Minimum scope of coverage Commercial general coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001 (ed. 11/88) or Insurance Services Office form number GL 0002 (ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability. Automobile coverage shall be at least as broad as Insurance Services Office Automobile Liability form CA 0001 (ed. 12/90) Code 1 (“any auto”). No endorsement shall be attached limiting the coverage.

  • Life Coverage Paragraph 1: The Board shall provide a group term life coverage in the sum of

  • FREQUENCY AND COVERAGE 3.1 All MI Reports must be completed by the Supplier using the MI Reporting Template and returned to the Authority on or prior to the Reporting Date every Month during the Framework Period and thereafter, until all transactions relating to Call Off Agreements have permanently ceased. 3.2 The MI Report should be used (among other things) to report Orders received and transactions occurring during the Month to which the MI Report relates, regardless of when the work was actually completed. For example, if an invoice is raised for October but the work was actually completed in September, the Supplier must report the invoice in October's MI Report and not September's. Each Order received by the Supplier must be reported only once when the Order is received. 3.3 The Supplier must return the MI Report for each Month even where there are no transactions to report in the relevant Month (a "Nil Return"). 3.4 The Supplier must inform the Authority of any errors or corrections to the Management Information: 3.4.1 in the next MI Report due immediately following discovery of the error by the Supplier; or 3.4.2 as a result of the Authority querying any data contained in an MI Report.

  • Termination of Coverage This Contract may be terminated as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!