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).
Sample 1Sample 2
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.
Sample 1
Buyout Value shall have the meaning set forth in Section 10.7. “Claim Notice” shall have the meaning set forth in Section 14.1.
Sample 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.

  • If the Group elects to require RPOFB to redeem any of the shares of RPOFB held by the Group pursuant to the articles of association of RPOFB during the period from the commencement of the fourth year from 30 July 2014 to the expiry of the fifth year from 30 July 2014, then CL will has the right which is exercisable by her to require the Group to sell up to the Group's 12.5% equity interest of the General Partner to her at the Buyout Value.

  • Under the Early Buyout Option Addendum, Grubbs may satisfy its obligations under Lease No. 93096 and acquire ownership of the associated Equipment by paying to Banc One on the “Buyout Date” of the “66 month of Lease Term” the “Early Buyout Value.” The Early Buyout Value is determined by multiplying the “EBO Percentage” of 31 percent, as specified in the Early Buyout Option Addendum for Lease No. 93096, times the original cost of the Equipment.

  • Provided that Purchaser has fulfilled all obligations to Seller under this Agreement, at the expiration of the Term of this Agreement, Purchaser shall have the option to purchase the System from Seller at a price equal to the Buyout Value of the System.

  • 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.

  • Provided that no Purchaser Event of Default will have occurred and be continuing, beginning with the seventh (7th) anniversary of the Commercial Operation Date and on each anniversary of such date thereafter during the Term, Purchaser shall have the option to purchase the System from Seller at the applicable Buyout Value of the System.


More Definitions of Buyout Value

Buyout Value means the values set forth or described in Exhibit D to this Agreement.
Sample 1

Related to Buyout Value

  • 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).

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Cash Value means the greater of (i) the amount that the policyholder is entitled to receive upon surrender or termination of the contract (determined without reduction for any surrender charge or policy loan), and (ii) the amount the policyholder can borrow under or with regard to the contract. Notwithstanding the foregoing, the term “Cash Value” does not include an amount payable under an Insurance Contract as: (1) a personal injury or sickness benefit or other benefit providing indemnification of an economic loss incurred upon the occurrence of the event insured against; (2) a refund to the policyholder of a previously paid premium under an Insurance Contract (other than under a life insurance contract) due to policy cancellation or termination, decrease in risk exposure during the effective period of the Insurance Contract, or arising from a redetermination of the premium due to correction of posting or other similar error; or (3) a policyholder dividend based upon the underwriting experience of the contract or group involved.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • 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).

  • 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;

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • Present Value means the amount as of a date certain of one or more sums payable in the future, discounted to the date certain. The discount is determined by the interest rate specified by the parties if the rate was not manifestly unreasonable at the time the transaction was entered into; otherwise, the discount is determined by a commercially reasonable rate that takes into account the facts and circumstances of each case at the time the transaction was entered into.

  • Sponsor Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Best Value means the method by which a proposal/contract, if any, is awarded, in accordance with applicable laws, rules, and regulations. Best Value includes multiple parameters, including experience, references, quality of the Vendor's product(s)/service(s), and price, as detailed in Section 6.0 Evaluation and Award.

  • Intrinsic Value means reinstatement value of insured property or item less due allowance for betterment, wear and tear and/or depreciation

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Change of Control Value means (i) the per share price offered to stockholders of the Company in any such merger, consolidation, reorganization, sale of assets or dissolution transaction, (ii) the price per share offered to stockholders of the Company in any tender offer or exchange offer whereby a Change of Control takes place, or (iii) if such Change of Control occurs other than pursuant to a tender or exchange offer, the Fair Market Value per share of the shares into which Awards are exercisable, as determined by the Committee, whichever is applicable. In the event that the consideration offered to stockholders of the Company consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than cash.

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.

  • Retail value of a prize means:

  • 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 divided by the number of Units outstanding on the date of calculation.

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.