Book Value Price definition

Book Value Price means the price per share determined by subtracting the Company’s liabilities from its assets and dividing the difference by the number of issued and outstanding Equity Interests.
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Book Value Price shall be the book value of the Company, determined in accordance with generally accepted accounting principals, as of the end of the immediately preceding fiscal year. For purposes of calculating "Fair Market Value" under this section, any insurance proceeds received by the Company on account of the death or disability of a Shareholder or Permitted Transferee to the extent of any such proceeds which must be paid as a cash down payment for the purchase of Shareholders pursuant to Section 8.2.1, shall not be included in the calculation of "Fair Market Value." As used herein, after the time when the Company's equity securities are publicly held, the "Fair Market Value" shall be the mean 30-day price of the Shares for the period ending 5 days prior to the proposed transfer or sale of Shares, based upon the following: (i) the 30 day average closing price of the Shares on the principal exchange on which the Shares are then trading; or (ii) if the Shares are not traded on an exchange but are quoted on Nasdaq or a successor quotation system, the 30 day average of (1) the last sales price (if the Shares are then used as a National Market Issue under the NASD National Market System) or (2) the mean between the closing representative bid and asked prices (in all other cases) for the Shares as reported by Nasdaq or such successor quotation system; or (iii) if not publicly traded on an exchange and not quoted on Nasdaq or a successor quotation system, the 30-day mean between the closing bid and asked prices for the Shares, as determined in good faith by the Company's Board of Directors.
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Book Value Price means the amount of cash (which may not be less than zero) that would be distributed on account of the Departing Member’s Interest if the Company were dissolved and liquidated in accordance with this Agreement as if the Company was sold for its then Current Book Value on the applicable Value Date.
Sample 1

Examples of Book Value Price in a sentence

  • Pricing Ratios* Peer Groups Weighting Price/ Book Value Price/ Tang.

  • Book Value 219.33 147.48 % 92.48 % 263.86 % Price/ Assets 21.97 12.68 % 7.77 % 20.55 % Price/ Deposits 29.35 17.37 % 11.60 % 38.57 % Implied Values Price/ LTM EPS Price/ Book Value Price/ Tang.

  • As and for the purchase price for the Limited Partnership Interest on the Closing Date, Trident Advisors hereby agrees to pay to Sagemark for the Limited Partnership Interest, the greater of Two Million Five Hundred Twenty Five Thousand Dollars ($2,525,000) or the Book Value (hereinafter defined) of the Limited Partnership Interest (the "Book Value Price") on the Closing Date (the "Purchase Price").

  • Subject to the provisions of Section 2.10 hereof, when an Employee Stockholder becomes Disabled, such Employee Stockholder or the representative of such Employee Stockholder shall offer all shares of Common Stock then owned or held by such Employee Stockholder for sale at a price per share equal to the Book Value Price, all in accordance with the following provisions of this Section 2.11.

  • Book Value 219.33 164.60 % 133.60 % 321.49 % Price/ Assets 21.97 20.23 % 13.28 % 33.16 % Price/ Deposits 29.35 26.60 % 15.59 % 40.02 % Implied Values Price/ LTM EPS Price/ Book Value Price/ Tang.

  • Any dispute concerning the calculation of the Adjusted Price or the Book Value Price shall be resolved by the Board of Directors of the Company (excluding any member of the Board of Directors of the Company whose shares are the subject of such dispute).

  • Notwithstanding the provisions of Sections 2.6 and 2.11 hereof, if at any time an Employee Stockholder shall for any reason (including, but not limited to, Retirement) cease to be an officer or employee of the Company, then such Employee Stockholder shall offer all shares of Common Stock then owned or held by the Employee Stockholder for sale at a price per share equal to the Book Value Price in accordance with the following provisions of this Section 2.10.

  • If at any time an Executive Stockholder or a Stockholder shall for any reason begin competing with any business then conducted by the Company (in such capacity, a "Competing Stockholder"), then such Executive Stockholder or Stockholder shall offer all shares of Common Stock then owned or held by the Executive Stockholder or Stockholder for sale at a price per share equal to the Book Value Price, all in accordance with the following provisions of this Section 2.6.

  • Pricing Ratios* Peer Group Weighting(1) Price / Book Value Price / Tangible Book Value Price / LTM EPS Price / LTM Core EPS Assets $200MM to $300MM 20% 123% 125% 21.1x 16.7x Market Cap $20MM to $40MM 20% 123% 125% 20.7x 18.5x T.

  • Book Value 219.33 181.15 % 140.56 % 263.86 % Price/ Assets 21.97 14.62 % 11.97 % 20.41 % Price/ Deposits 29.35 17.77 % 11.60 % 38.57 % Implied Values Price/ LTM EPS Price/ Book Value Price/ Tang.


More Definitions of Book Value Price

Book Value Price shall equal the net worth of the LLC per Common Unit of the Series of Units involved (adjusted to reflect the exercise in full of any dilutive securities), reflected in the LLC's (or Series') financial statements as of the end of the most recent fiscal year.
Sample 1
Book Value Price shall equal the net worth of the Company per common share (adjusted to reflect the exercise in full of any dilutive securities), reflected in the Company's audited financial statements as of the end of the most recent fiscal year.
Sample 1
Book Value Price means, as to each Management Share as ---------------- to which the same is to be calculated as a result of a Termination Event or a Put Event, as the case may be, the quotient obtained by dividing (a) the Book Value as of the date of such Termination Event or Put Event by (b) the total number of outstanding Equivalent Shares as of such date.
Sample 1

Related to Book Value Price

  • Book Value Per Share is the Bank’s equity capital (excluding FAS 115 and FAS 158 adjustment and Extraordinary Items) at the end of the Plan Year divided by the Plan’s number of Phantom shares of one million three hundred sixty thousand (1,360,000). The following Section 3.2(d) shall be added to the Agreement immediately following Section 3.2(c):

  • Book Value means, with respect to any Asset and any Liability Assumed, the dollar amount thereof stated on the Accounting Records of the Failed Bank. The Book Value of any item shall be determined as of Bank Closing after adjustments made by the Receiver for differences in accounts, suspense items, unposted debits and credits, and other similar adjustments or corrections and for setoffs, whether voluntary or involuntary. The Book Value of a Subsidiary of the Failed Bank acquired by the Assuming Institution shall be determined from the investment in subsidiary and related accounts on the "bank only" (unconsolidated) balance sheet of the Failed Bank based on the equity method of accounting. Without limiting the generality of the foregoing, (i) the Book Value of a Liability Assumed shall include all accrued and unpaid interest thereon as of Bank Closing, and (ii) the Book Value of a Loan shall reflect adjustments for earned interest, or unearned interest (as it relates to the "rule of 78s" or add-on- interest loans, as applicable), if any, as of Bank Closing, adjustments for the portion of earned or unearned loan-related credit life and/or disability insurance premiums, if any, attributable to the Failed Bank as of Bank Closing, and adjustments for Failed Bank Advances, if any, in each case as determined for financial reporting purposes. The Book Value of an Asset shall not include any adjustment for loan premiums, discounts or any related deferred income, fees or expenses, or general or specific reserves on the Accounting Records of the Failed Bank. For Shared-Loss Securities, Book Value means the value of the security provided in the Information Package.

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Net Asset Value per Unit means the Net Asset Value of a Fund divided by the number of Units of a Fund outstanding on the date of calculation.

  • Adjusted Value as used in subdivision (d) means:

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Adjusted Price means the Unit Price, for a particular Pharmaceutical in any Relevant Period, divided by two;

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Fair Market Value Per Share means as of any date the fair market value of each of the Shares on such date (the "applicable date") as determined by the Option Committee in good faith. The Option Committee is authorized to make its determination as to the fair market value on the following basis: (i) if the Shares are not traded on a securities exchange and are not quoted on the National Association of Securities Dealers, Inc.'s Automated Quotation System ("NASDAQ"), but are quoted on the Over The Counter Electronic Bulletin Board operated by NASDAQ, "Fair Market Value per Share" shall be the mean between the average daily bid and average daily asked prices of the Shares on the applicable date, as published on such bulletin board; (ii) if the Shares are not traded on a securities exchange and are quoted on NASDAQ, "Fair Market Value per Share" shall be the closing transaction price of the Shares on the applicable date, as reported on NASDAQ; (iii) if the Shares are traded on a securities exchange, "Fair Market Value per Share" shall be the daily closing price of the Shares, on such securities exchange as of the applicable date; or (iv) if the Shares are traded other than as described in (i), (ii) or (iii) above, or if the Shares are not publicly traded, "Fair Market Value per Share" shall be the value determined by the Option Committee in good faith based upon the fair market value as determined by completely independent and well qualified experts. In the case of Shares described in (i), (ii) or (iii) above, if no prices are reported for the Shares on the applicable date, the "Fair Market Value per Share" shall be the price reported for such Shares on the next preceding date on which there were reported prices.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Average Sale Price means the average of the Sale Prices of the Common Stock for the shorter of

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Fair Market Value Excess With respect to each Mortgage Loan to be purchased pursuant to Section 10.01(a), the excess, if any, of the Fair Market Value Call Price for such Mortgage Loan, over the Par Call Price for such Mortgage Loan. Any Fair Market Value Excess will not become part of the related Group Available Funds, but shall instead be distributed directly to the Holders of the Class A-LR Certificates pursuant to Section 4.02(g).

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Retail value of a prize means:

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Average Price means a price per Purchase Share (rounded to the nearest tenth of a cent) equal to the quotient obtained by dividing (i) the aggregate gross purchase price paid by the Investor for all Purchase Shares purchased pursuant to this Agreement, by (ii) the aggregate number of Purchase Shares issued pursuant to this Agreement.

  • Adjusted Pool Amount With respect to any Distribution Date and Loan Group, the Cut-off Date Pool Principal Balance of the Mortgage Loans in such Loan Group minus the sum of (i) all amounts in respect of principal received in respect of the Mortgage Loans in such Loan Group (including, without limitation, amounts received as Monthly Payments, Periodic Advances, Principal Prepayments, Liquidation Proceeds and Substitution Adjustment Amounts) and distributed to Holders of the Certificates on such Distribution Date and all prior Distribution Dates and (ii) the principal portion of all Realized Losses (other than Debt Service Reductions) incurred on the Mortgage Loans in such Loan Group from the Cut-off Date through the end of the month preceding such Distribution Date.