Basis of valuation. Each valuation will be addressed to the Agent in its capacity as such and made:
(a) without physical inspection (unless required by the Agent);
(b) on the basis of a sale for prompt delivery for a price payable in full in cash on delivery at arm’s length on normal commercial terms between a willing buyer and a willing seller; and
(c) without taking into account the benefit (but taking into account the burden) of any charter commitment.
Basis of valuation. The value of the insured property shall be determined as follows:
Basis of valuation. The cost price of Custodial Investments will be calculated as at the date such investments were added to your portfolio or at the acquisition date as notified by you. If no cost is notified, the cost price of holdings will be zero. Where investments are shown in a currency other than New Zealand dollars, the cost price will be shown in the applicable overseas currency on the valuation. The basis for the valuation of listed securities will be as at last recorded market prices or as per SSP’s best information for unlisted securities or for those securities where there is no market.
Basis of valuation. Repair or replacement cost of the damaged or destroyed property as further stipulated in the Master Policy wording.
Basis of valuation. Each valuation will be addressed to the Agent in its capacity as such, it will be not more than 30 days old (except if a valuation is delivered pursuant to clause 20.4 (Provision and contents of Compliance Certificate) together with a Compliance Certificate in which case it must be dated as at the end of the financial period to which such Compliance Certificate relates) and made:
(a) without physical inspection (unless required by the Agent);
(b) on the basis of a sale for prompt delivery for a price payable in full in cash on delivery at arm's length on normal commercial terms between a willing buyer and a willing seller (and after deducting the estimated amount of the usual and reasonable expenses which would be incurred in connection with the sale); and
Basis of valuation. 2.2.1 For shipments involving imports or exports the subject matter covered is agreed to be valued as stated in the statement of cover.
2.2.2 For transits commencing and terminating within the same country:
a. when stated as invoice value in the statement of cover the agreed value is the invoice cost or value, plus any costs incidental to the covered transit that are not covered by the invoice; or
b. if there is no invoice, the value is the market value or the cost, at the time of the commencement of the covered transit, of replacing the subject matter covered with similar goods of the same age and condition.
Basis of valuation. The basis of valuation for stock-in-trade, work-in-progress and of depreciation of fixed assets adopted for the purpose of the Accounts and each of the last three financial years of each Group Company up to the Balance Sheet Date has, in all material respects, remained consistent.
Basis of valuation. (a) The "Fair Price" (which for the purposes of this Schedule 4 includes the Annual Repurchase Fair Price, the Put Option Fair Price and the Call Option Fair Price (unless expressly stated otherwise) following referral to the Expert) is the price in USD$ determined on the basis of the methodologies set out in paragraph 4(b) which the Expert determines to be the fair value of the Shares (on a per Share basis) as at the date of the Relevant Notice on a sale as between a willing seller and a willing purchaser (taking no account of whether the Shares do or do not carry control of the Company or results in Ingredion having a greater level of Control as a result of the acquisition of the Shares) and, if the Company is then carrying on business as a going concern, on the assumption that it will continue to do so.
(b) The methodology to be applied by the Expert shall be based on discounted cash flows based on recent (by reference to the date of the Relevant Notice) past performance of the Company and projected five year cash flows of the Company.
Basis of valuation. The valuation of the fair market value shall be determined:
1. assuming the Warrants then outstanding are fully exercisable;
2. by applying techniques that are appropriate in light of the nature, facts, and circumstances of the financial instrument;
3. using reasonable current market data and inputs combined with market participant assumptions; and
Basis of valuation. 2.1. Various methods of valuation are used for unquoted Investments including price earning valuations, recent transactions, net asset valuation, yield basis and impending exit. The appropriateness of the methodology used is judged on a case by case basis.
2.2. Where an Investment is quoted on a recognised stock exchange, then there is some basis for judging its value on independent assessable measures. A mid-market price is normally used, but sometimes the size of the Investment and restrictions on sale will result in the necessity to discount.
2.3. A complete valuation of every Investment in the Portfolio will be carried out on [●] in each financial year. This process will be reviewed by the Auditors.
2.4. All valuations will be monitored and reviewed half-yearly and, when material changes are clearly required, appropriate adjustments will be made.] • Any activity: o that represents a wholly statutory duty on public bodies; o that targets the production of weapons and ammunition, arms, military or police equipment or infrastructures, and equipment or infrastructure which result in limiting people's individual rights and freedom (i.e. prisons, detention centres of any form) or in violation of human rights; o which gives rise to environmental impacts that are not largely mitigated and/or compensated (including but not limited to projects in protected areas, critical habitats and heritage sites); o that is considered ethically or morally controversial. Examples of such activities include: sex trade and related infrastructure, services and media; animal testing; and research on human cloning, etc.; and/or o that is prohibited by national legislation (only where such legislation exists). Examples include: Genetically Modified Organisms (GMO); abortion clinics; and nuclear energy, etc. o o Housing construction and renovation • Involving any party: o in relation to which more than 10% of its annual revenue is generated by any of the following activities: ▪ activities targeting the production or facilitating the use of gambling and related equipment; and
