Common use of Submission of Valuation Clause in Contracts

Submission of Valuation. The Valuers shall be instructed to collectively submit a single Option Consideration valuation to the Parties within sixty (60) days of the appointment of the third Valuer (or such longer time as the Parties may agree) and such valuation shall be final and binding upon the Parties. The Option Consideration shall be determined on a fair value basis in accordance with Clause 17.12(d) below.

Appears in 2 contracts

Samples: First Supplemental Agreement, Shareholders Agreement (Alcoa Inc)

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Submission of Valuation. The Valuers shall be instructed to collectively submit a single Option Consideration valuation to the Parties within sixty (60) days of the appointment of the third Valuer (or such longer time as the Parties may agree) and such valuation shall be final and binding upon the Parties. The Option Consideration shall be determined on a fair value basis in accordance with Clause 17.12(d17.13(d) below.

Appears in 1 contract

Samples: Aluminium Project Framework Shareholders' Agreement (Alcoa Corp)

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Submission of Valuation. The Valuers shall be instructed to collectively submit a single Option Consideration valuation to the Parties within sixty (60) days of the appointment of the third Valuer (or such longer time as the Parties may agree) and such valuation shall be final and binding upon the Parties. The Option Consideration shall be determined on a fair value basis in accordance with Clause 17.12(dl 7. l 2(d) below.

Appears in 1 contract

Samples: Aluminium Project Framework Shareholders Agreement (Alcoa Corp)

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