Examples of Agreed Equity Value in a sentence
The aggregate purchase price for the Interests shall be the amount of the Agreed Equity Value set forth on Schedule A hereto, as the same may be adjusted pursuant to the provisions of the Master Agreement (such adjusted amount, the “Purchase Price”).
The “Computed Value” will be the amount that the Partner would receive if the Partnership were liquidated pursuant to Article Six (including distributions to the Partner and payments of outstanding debts and liabilities owed by the Partnership to the Partner) and the total liquidation proceeds to the Partnership were equal to the Agreed Equity Value.
For purposes of this Agreement, the term "ISH Ownership Percentage" shall mean the fraction, expressed as a percentage, that is the product of (i) the "ISH Portfolio Value", which for purposes of this Agreement shall be the aggregate Agreed Equity Value (as hereinafter defined) of all seven of the Hotels, divided by (ii) the sum of (x) the ISH Portfolio Value plus (y) $5,102,930 [i.e., $5.00 per RRF Share multiplied by 1,020,586 outstanding RRF Shares](the "RRF Agreed Value").
For purposes of this Agreement, the term "Operating Partnership Value" shall mean the sum of (x) the aggregate Agreed Equity Value of the Hotels contributed to the Operating Partnership by the Partnership Hotel Companies (the "OP Hotel Contribution"), plus (y) the product of the RRF Agreed Value multiplied by the Partnership Hotel Percentage (the "OP RRF Contribution").
For purposes of this Agreement, the term "Agreed Equity Value" shall mean the appraised value of the Hotels, less outstanding debt to be assumed.