Cash Redemption Value definition

Cash Redemption Value the meaning set forth in Section 6.1.

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Cash Redemption Value for any Warrant will equal the fair value of the Warrant as of the date of such Change of Control Event as determined by an Independent Financial Expert, by employing a valuation based on a computation of the option value of each Warrant using the calculation methods and making the assumptions set forth in Exhibit C. The Cash Redemption Value of the Warrants shall be due and payable within ten (10) Business Days after the date of the applicable Change of Control Event. If a Holder of Warrants does not elect to receive the Cash Redemption Value for such Holder’s Warrants as provided by this Section 6.1, such Warrants will remain outstanding as adjusted pursuant to the provisions of Article 5 hereof.

Cash Redemption Value has the meaning assigned to such term in Section 3.03.

Examples of Cash Redemption Value in a sentence

The portion of the Cash Redemption Value of the Warrants payable pursuant to clause (i) of this Section 6.3(a) shall be due and payable not later than the tenth (10th) Business Day after the date of the Mixed Consideration Merger.
If a Holder of Warrants does not elect to receive the Cash Redemption Value for such Holder’s Warrants as provided by this Section 6.1, such Warrants will remain outstanding as adjusted pursuant to the provisions of Article 5 hereof.
The Cash Redemption Value of the Warrants shall be due and payable within ten (10) Business Days after the date of the applicable Change of Control Event.
The Cash Redemption Value of the Warrants shall be due and payable within ten (10) Business Days after the date of the applicable Privatization Event.
Upon the occurrence of a Privatization Event, the Partnership shall pay to such Holder of outstanding Warrants as of the date of such Privatization Event, an amount in immediately available funds equal to the Cash Redemption Value for such Warrants, not later than the date which is ten (10) Business Days after such Privatization Event and the Warrants shall thereafter be cancelled.
The Cash Redemption Value of this Warrant will be due and payable not later than the tenth Business Day after the date of the applicable Change of Control Event.
The Independent Financial Expert will determine Cash Redemption Value using standard option pricing models for American style options, such as the ▇▇▇-▇▇▇▇▇▇▇▇▇▇ binomial model, assuming for this purpose that the Change of Control Event had not occurred and making sure to take into account the intrinsic and option value of this Warrant, but assuming annualized volatility of 35% over this Warrant’s remaining term.
The Cash Redemption Value of the Warrants shall be due and payable not later than the tenth business day after the date of the applicable Change of Control Event or Delisting Event and, if not then paid, shall bear interest thereafter at the Default Interest Rate.
Cash Redemption Value The cash redemption value of this contract is the accumulated value on the valuation date which is on or next follows the effective date of redemption less any deductions for sales charges and less any premium tax we deduct at that time.
In the event that this Agreement is terminated in accordance with the provisions of Section 6.04, the deposit of the Cash Redemption Value shall be returned to Kingman.

More Definitions of Cash Redemption Value

Cash Redemption Value has the meaning set forth in Section 15.

Cash Redemption Value for this Warrant will equal the fair value of this Warrant as of the date of such Change of Control Event as determined by an Independent Financial Expert plus interest thereon from such date to the payment date at the rate of 10% per annum. The Independent Financial Expert will determine Cash Redemption Value using standard option pricing models for American style options, such as the ▇▇▇-▇▇▇▇▇▇▇▇▇▇ binomial model, assuming for this purpose that the Change of Control Event had not occurred and making sure to take into account the intrinsic and option value of this Warrant, but assuming annualized volatility of 35% over this Warrant’s remaining term. The Cash Redemption Value of this Warrant will be due and payable not later than the tenth Business Day after the date of the applicable Change of Control Event. If the Holder does not exercise the right provided by this Section 3.2, this Warrant will remain outstanding as adjusted pursuant to the provisions of Section 3.1.

Cash Redemption Value is hereby deleted in its entirety.