Applicable Value definition

Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

Applicable Value means the amount of the net fair market value of a trust taken into account under section 15-1.2-307.

Applicable Value means the amount of the net fair market

Examples of Applicable Value in a sentence

• Shares-in-Trust shall be deemed to have been offered for sale to the Company, or its designee, at a price per share equal to the lesser of (i) the price per share in the transaction that created such Shares-in-Trust (or, in the case of devise, gift or Non-Transfer Event, the Applicable Value at the time of such devise, gift or Non-Transfer Event) and (ii) the Applicable Value on the date the Company, or its designee, accepts such offer.

• The "Applicable Value" shall be the average, over the 20 trading days ending 5 trading days before the Valuation Date, of the daily trading prices for shares of Common Stock as reported on the composite tape for securities listed on the stock exchange on which the Common Stock is listed or over the counter.

• The amount of the Final Payment with respect to a Phantom Share shall equal the Applicable Value (as defined below) of a share of Common Stock with respect to a date (the "Valuation Date") which shall be either (a) the date that the Director ceases to serve as a member of the Board for any reason other than resignation or (b) the date of the Company's Annual Meeting of Stockholders that first occurs after the Director resigns as a Director of the Company.

• However, if no sales of Common Stock were reported on said composite tape for more than 3 days during the 20-trading-day period referred to above, the Applicable Value shall be calculated using the average of the reported trading prices on said composite tape for the most recent 7 trading days before the Valuation Date on which trading in shares of Common Stock occurred.

• Upon the occurrence of a Special Distribution Event, the Executive shall be distributed shares of Company capital stock having a Fair Market Value equal to the lesser of the Applicable Value (as defined in Section 5(c)) and the value of the Account as of the date of such Special Distribution Event.

More Definitions of Applicable Value

Applicable Value means the amount of the net fair market value of a trust taken into account under

Applicable Value means (a) prior to a Security Interest Termination Event, the Total Asset Value, and (b) after a Security Interest Termination Event, the Capitalization Rate Total Asset Value.

Applicable Value means, with respect to any Subsidiary of the Borrower, the aggregate amount, par value, book value as carried by the Borrower or the market value, whichever is greater, of the capital stock or other securities of such Subsidiary.

Applicable Value means (i) at any time that the Company is subject to the reporting requirements under the Exchange Act, (A) the product of (x) the number of issued and outstanding shares of Common Stock on the date the Company delivers the Major Transaction Notice (as defined in Section 3(b)) multiplied by (y) the per share closing price of the Common Stock on such date plus (B) the amount of the Company’s debt as shown on the latest financial statements filed with the SEC (the “Current Financial Statements”) plus (C) the aggregate liquidation preference of each class of the Company’s preferred stock less (D) the amount of cash and cash equivalents of the Company as shown on the Current Financial Statements; and (ii) at any time that the Company is not subject to the reporting requirements under the Exchange Act, the book value of the Company’s assets as shown on the most recent financial statements of the Company.

Applicable Value means the amount of the net fair market value of a trust taken

Applicable Value means the amount of the net fair 614 market value of a trust taken into account under s. 738.307. 615 (2) “Express unitrust” means a trust for which, under the 616 terms of the trust without regard to this section and ss.

Applicable Value means (A) the product of (x) the number of issued and outstanding Common Shares on the date the Company delivers the Major Transaction/Organic Change Notice (as defined in Section 3(b)) multiplied by (y) the Closing Price of the Common Shares on such date, plus (B) the amount of the Company’s and its consolidated subsidiaries’ debt as shown on the latest consolidated financial statements of the Company and its subsidiaries filed with the SEC (the “Current Financial Statements”), plus (C) if applicable, the aggregate liquidation preference of each class of the Company’s preferred shares, less (D) the amount of cash and cash equivalents of the Company and its consolidated subsidiaries, as shown on the Current Financial Statements.