Unit Valuation Sample Clauses

Unit Valuation. 37 9.3 Asset Maintenance....................................................... 38 9.4
Sample 1Sample 2
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Unit Valuation. In the event that the Arrangers shall have determined in their sole discretion that the value of the Units shall have materially decreased, the Borrower shall obtain, at the Borrower's cost, a valuation of the Units, charter-free, in Dollars from an independent shipbroker selected by the Arrangers. In the event the Borrower fails or refuses to obtain the valuation requested pursuant to this Section 9.2 within ten (10) days of the Arrangers' request therefor, the Arrangers shall be authorized to obtain such valuation, at the Borrower's cost, from an independent shipbroker selected by the Arrangers, which valuation shall be deemed the equivalent of valuation duly obtained by the Borrower pursuant to this Section 9.2, but the Arrangers' actions in doing so shall not excuse any default of the Borrower under this Section 9.2.
Sample 1Sample 2
Unit Valuation. Initially, the value of an SAR (the "Unit Value") will be an amount equal to 3% of $450 million, i.e., $13.5 million, divided by 3,000,000. Subsequently the Unit Value will be the quotient of (i) an amount equal to 3% of the Plan Value of the Company divided by (ii) 3,000,000; provided, however, that the aggregate distribution pursuant to this Plan shall not exceed $15 million and provided, further, that the aggregate distribution pursuant to this Plan to any single person shall not exceed $10 million. A. Except as set forth in subparagraphs 4C and D and 7B below, during any period when the Company's stock is not publicly traded, the "Plan Value of the Company" shall be the fair market value of the common stock of the Company, determined as set forth below. The "fair market value of the Company" means the price which could reasonably be expected to be obtained for the common stock of the Company within six (6) months after the valuation if it were sold in a single arms' length transaction wherein there would be a change of control, using valuation techniques then prevailing in the industry that would maximize after tax earnings to Hallmark and assuming a reasonable period for effecting such sale. The Qualified Appraisers, hereinafter defined, shall consider, among other factors they deem relevant and customarily considered in transactions of this nature in determining the value of the Company, whether the business is continuing as an ongoing concern and whether the then current management is remaining in place and for what duration or, if known, the new management team. B. Except as set forth in subparagraphs 4C and D and 7B below, and unless less than 10% of the outstanding stock of the Company is publicly traded, during any period when the Company's common stock is publicly traded, the "Plan Value of the Company" shall be the market capitalization of the Company (i.e., the closing market value of a share of common stock of the Company as shown in The Wall Street Journal on the valuation date or the next following date on which such trading occurred, times the number of outstanding shares of stock of the Company). C. In the event of the sale of all of the outstanding stock of the Company, the Plan Value of the Company shall be the sale price of the common stock of the Company. D. In the event of the sale of all or substantially all of the assets of the Company, the Plan Value of the Company shall be the sale price of the assets, net of the amount of any d...
Sample 1
Unit Valuation. In the event that the Arrangers shall have determined in their sole discretion that the value of the Units shall have materially decreased, the Borrower shall obtain, at the Borrower's cost, a valuation of the Units, charter-free, in Dollars from an independent appraiser selected by the Borrower and approved by the Arrangers. In the event the Borrower fails or refuses to obtain the valuation requested pursuant to this Section 9.2 within ten (10) days of the Arrangers' request therefor, the Arrangers shall be authorized to obtain such valuation, at the Borrower's cost, from an independent appraiser selected by the Arrangers, which valuation shall be deemed the equivalent of valuation duly obtained by the Borrower pursuant to this Section 9.2, but the Arrangers' actions in doing so shall not excuse any default of the Borrower under this Section 9.2.
Sample 1
Unit Valuation. As you know, at the end of each year we employ a third-party appraiser to review and assess the analysis and assumptions used to prepare an estimated current value of the properties held in your Fund. We then use these valuations to prepare an estimated unit value, which may not be representative of the value of your units when the Fund ultimately liquidates. Nor is there any assurance that you could sell your units today at a price equal to the current estimated value. At December 31, 1996, the estimated unit value of the Fund was $147. After adjusting for our February distribution of $2, the estimated value per unit is $145. Total appreciation for the year, including net appreciation on the property sold, is 8.4
Sample 1
Unit Valuation. At the inception of a Fund, each full Unit shall have a value of one hundred dollars ($100). Thereafter, as of each Valuation Date but prior to any new transfer (as defined in Paragraph 6.7, below) of Investment Assets to a Fund, the Trustee shall determine the then fair market value of each unit by dividing the then fair market value of the assets constituting the Fund (as determined pursuant to Section 5, below) by the number of Units then allocated to the Accounts in such Fund. The decision of the Trustee regarding such values, in the absence of bad faith, shall be conclusive and binding on all Participants.
Sample 1
Unit Valuation. As you know, at the end of each year we employ a third-party appraiser to review and assess the analysis and assumptions used to prepare an estimated current value of the properties held in your Fund. We then use these valuations to prepare an estimated unit value, which may not be representative of the value of your units when the Fund ultimately liquidates. Real Estate Investments (Dollars in thousands) _________________________________________________________________ Average Contribution Leased Status Leased Status to Net Income ___________ _____________ ____________ Gross Twelve Twelve Leasable Months Ended Months Ended Property Area December 31, December 31, December 31, Name (Sq. Ft.) 1996 1995 1996 1995 1996 _________ __________ __________ _____ _____ _____ _____ Atlantic 187,844 100% 97% 93% $240 $ 000 Xxxxxxxx 95,732 100 100 100 193 189 Oakbrook Corners 123,948 94 68 75 (96) (985) Baseline 100,204 96 88 90 86 (636) Business Plaza 66,342 89 85 79 355 33 Tierrasanta 104,236 62 75 87 80 (734) ________ ____ ____ ____ _____ _____ 678,306 91 86 88 858 (1,919) Held for Sale AMCC 99,950 100 100 100 903 000 Xxxxx Xxxxx Plaza 49,163 90 67 74 84 (47) Xxxxxx Xxxx 119,590 100 78 96 161 000 Xxxxx Xxxxxx 82,000 100 100 100 172 178 ________ ____ ____ ____ ____ ____ 1,029,009 94 87 90 2,178 (1,286) Properties Sold - - - - 442 858 Fund Expenses Less Interest Income - - - - (228) (292) ________ ____ ____ ____ _____ _____ Total 1,029,009 94% 87% 90% $2,392 $ (720)
Sample 1
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Related to Unit Valuation

  • Annual Valuation The Trust shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Agency a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fund. The failure of the Grantor or the Agency to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the Agency shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

  • Market Value Adjustment Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account (excluding any taxes) at the time of signing the definitive agreement for the Business Combination with such Target Business. The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an unaffiliated, independent investment banking firm, or another independent entity that commonly renders valuation opinions. The Company is not required to obtain such an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Annual Evaluation The Partnership will be evaluated on an annual basis through the use of the Strategic Partnership Annual Evaluation Format as specified in Appendix C of OSHA Instruction CSP 00-00-000, OSHA Strategic Partnership Program for Worker Safety and Health. The Choate Team will be responsible for gathering required participant data to evaluate and track the overall results and success of the Partnership. This data will be shared with OSHA. OSHA will be responsible for writing and submitting the annual evaluation.

  • Customs Valuation The Parties shall determine the customs value of goods traded between them in accordance with the provisions of Article VII of the GATT 1994 and the WTO Agreement on Implementation of Article VII of the GATT 1994.

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1900.

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Portfolio Valuation and Diversification Etc Risk Factor Ratings;

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