Buyout Value definition

Buyout Value means, with respect to any Units as of any date of determination, the fair market value of such Units (as determined in good faith by the General Partner).
Buyout Value means the sum of (i) the present value of the remaining future lease rental payments originally due under any Financing Contract that is made subject to a Restructuring Transaction pursuant to Section 6.15 hereof discounted to the effective rental start date of such Restructuring Transaction at a per annum rate (appropriately compounded to reflect the frequency of such future lease rental payments) equal to the lesser of (a) the interest rate of the Assumed Indebtedness, if any, with respect to such Financing Contract, (b) the penalty rate of the Assumed Indebtedness, if any, with respect to such Financing Contract or (c) 4.5% and (ii) the present value of Residual of the Leased Property subject to such Financing Contract (reduced by any month-to-month lease rental payments received after the scheduled termination date of such Financing Contract) discounted to the effective rental start date of such Restructuring Transaction at a per annum rate (compounded annually) of 5.0%, in each case as such present values are determined immediately prior to giving effect to any changes or modifications that would be caused by or result from such Restructuring Transaction.
Buyout Value shall have the meaning set forth in Section 10.7. “Claim Notice” shall have the meaning set forth in Section 14.1.

Examples of Buyout Value in a sentence

  • For purposes of this section, a “De Minimis” amount of CVRs is an amount for which the Holder Buyout Value is less than $100.

  • The value determined by such second investment banking firm shall be referred to as the "Stipulated Buyout Value," provided that, if the value determined by such second investment banking firm does not fall between the values determined by the Company and the first investment banking firm, then the "Stipulated Buyout Value" shall be the average of the values determined by the Company and NMR's investment banking firm.

  • The expert’s terms of reference shall be to determine the Buy-out Value of the Property, and such other matters as the parties may agree.

  • The Buyout Value will be the higher of $2.9M (Two Million and Nine Hundred Thousand Dollars) or Fair Market Value, if the purchase takes place on the tenth anniversary, and the higher of $500,000 ( Five Hundred Thousand Dollars) or Fair Market Value if the purchase takes place on the Expiration Date.


More Definitions of Buyout Value

Buyout Value means the values set forth or described in Exhibit D to this Agreement.