Fair Market Value of Property. The fair market value of the property on the date when it was transferred to the taxpayer was $3.32 per share. This fair market value is determined without regard to any restrictions other than restrictions that, by their terms, will never lapse.
Fair Market Value of Property. (iv) The Corporation will permit (and will cause its subsidiaries to permit) [US Investor] to inspect and copy the Corporation's (and the subsidiaries') permanent books of account, records, and such other documents as may be maintained by the Corporation (and the subsidiaries) that are necessary to establish that PFIC ordinary earnings and net capital gain, as provided in Section 1293(e) of the U.S. Internal Revenue Code of 1986, as amended (or any successor provision thereto), are computed in accordance with U.S. income tax principles, and to verify these amounts and the investor's pro rata share thereof. To the best of the Corporation's knowledge, the foregoing representations are true and accurate as of the date hereof. If the Corporation becomes aware of any such representation that ceases to be true and accurate, the Corporation shall give immediate notice of such fact to [US Investor]. Aspreva Pharmaceuticals Corporation By: _______________________________ Name: _____________________________ Title: ____________________________ Date: _____________________________
Fair Market Value of Property. Landlord and Tenant agree that for purposes of establishing Initial Monthly Rent the fair market value of the Property has been deemed by the parties to be Twenty-Four Dollars ($24.00) per square foot. On each Rent Adjustment Date under Section 3.1.3.1 or 3.1.3.2, the "Fair Market Value" of the Property shall be determined based upon the following assumptions:
Fair Market Value of Property. The calculation of fair market value for University Property previously identified by University for Xxxxx Xxxx expansion and acquired by Sound Transit shall be without reference to and not include damages to any remaining University Property. Such damages are addressed in subsection 1.4.2.1(a), above. Just compensation for University property acquired by Sound Transit may be offset for special benefits under Agreement Sections 5.1 and 5.5. Special benefits may include the variance identified in Section 1.4.2.1, above. If the valuation process in Agreement Article V has not been completed prior to grant of the variance, the variance may be considered in that valuation process. If the valuation process in Agreement Article V is complete, and the grant of variance occurs after that process, a new appraisal process consistent with Agreement Article V shall be employed. Any special benefit to the University attributable to the variance (comparing value with and without variance) shall be credited against amounts owed by Sound Transit to the University under Agreement, or paid by the University to Sound Transit.
