Appraised Fair Value has the meaning set forth in Section 3.05(a).
Appraised Fair Value means the fair value of a PRE Dissenting Share as appraised by the Supreme Court of Bermuda, under Section 106(6) of the Companies Act.
Appraised Fair Value shall have the meaning set forth in Section 2.1(e)
Examples of Appraised Fair Value in a sentence
Any holder of Dissenting Shares shall, in the event that the Appraised Fair Value is greater than the Merger Consideration, with respect to Company Shares, or the value of the preferred shares of the Surviving Company as described in Section 6.1(4), with respect to Series A Preferred Shares, be entitled to receive such difference from the Surviving Company by payment made within one (1) month after such Appraised Fair Value is finally determined pursuant to such appraisal procedure.
More Definitions of Appraised Fair Value
Appraised Fair Value has the meaning assigned to such term in Section 1.13(a) of the Agreement.
Appraised Fair Value means, with respect to any security or other property, the fair value (as of a date which is within 20 days of the date as of which the determination is to be made) determined in good faith, by an independent investment banking firm selected jointly by the Company and Hilco Capital LP or, if that selection cannot be made within ten days, by an independent investment banking firm selected by the American Arbitration Association in accordance with its rules, and provided further, that the Company shall pay all of the fees and expenses of any third parties incurred in connection with determining the Appraised Fair Value. Such independent banking firm shall determine Appraised Fair Value assuming a sale between a willing buyer and a willing seller, both of whom have full knowledge of all relevant facts bearing on such decision, and neither of whom is under any compulsion to sell or to buy. Such Appraised Fair Value determination, in the case of any security issued or issuable by the Company, shall not be discounted by virtue of the illiquid nature of such securities or the fact that such securities do not constitute a majority of the Common Stock outstanding but instead shall be deemed to have been sold as part of a transaction in which 100% of the Common Stock outstanding on a Fully Diluted Basis has been sold to a single purchaser.
Appraised Fair Value means the fair value of a Dissenting Share as appraised by the Supreme Court of Bermuda under Section 106(6) of the Bermuda Companies Act.
Appraised Fair Value means the fair value of a Dissenting Share as appraised by the Supreme Court of Bermuda under Section 106(6) of the Bermuda Companies Act.