Examples of Capped Value in a sentence
If the Ending Value (as defined below) is less than or equal to the Starting Value: $10 + ( $10 × Leverage Factor × ( Starting Value – Ending Value ) ) ; Starting Value provided, however, the Redemption Amount per Unit shall not exceed the Capped Value.
If specified in the applicable term sheet, the Redemption Amount will not exceed a Capped Value.
If a Capped Value is specified in the applicable term sheet, investors must be willing to accept a return that will not exceed the return represented by the Capped Value.
Upon the sale of the Company, CPG would receive ten percent (10%) of the net distributions to the Members based on the Capped Value.
In addition, if a Capped Value is specified in the applicable Term Sheet, because the Redemption Amount will not exceed that Capped Value, we do not expect that MITTS will trade in the secondary market above that Capped Value.
For purposes of a sale or transfer of substantially all of the assets or membership interests in the Company (“Sale”), the Capped Value shall be set at the net value of the Company at the end of the Term.
Capped Value shall be determined by multiplying the net Sale price (purchase price less debt and Capital Contributions) by a fraction of which the numerator shall be the net revenues for the twelve (12) months previous to the end of the Term and the denominator of which shall be net revenues for the twelve (12) months previous to the determination of the purchase price for the Company.
If the Ending Value (as defined below) is less than or equal to the Starting Value: $10 + ( $10 × LeverageFactor × ( Starting Value – Ending Value ) ) ; Starting Value provided, however, the Redemption Amount per Unit shall not exceed the Capped Value.
We will set the Capped Value on the pricing date of the XXXx, which will be the date the XXXx are priced for initial sale to the public.
We will determine the applicable Capped Value on the pricing date of each series of XXXx. The “Threshold Value” for Bear XXXx will be set forth in the applicable term sheet.