Examples of Closing Valuation in a sentence
For purposes of paragraph 1.1(a), Target's net value shall be (a) the value of the Assets computed as of the close of regular trading on the New York Stock Exchange ("NYSE") on the date of the Closing ("Valuation Time"), using the valuation procedures set forth in Acquiring Fund's then-current prospectus and statement of additional information ("SAI"), less (b) the amount of the Liabilities as of the Valuation Time.
Such ad valorem Taxes shall be estimated, apportioned and pro-rated among Seller and Purchaser as of the Closing Date, and the prorated amount due Purchaser shall be credited to the Closing Valuation.
The quantity of each Index Component as of the Rebalancing Date is determined using the last available prices of each stock as at the Closing Valuation Time of the Review Date immediately preceding such Rebalancing Date so that the Index would be equiweighted if it were to be rebalanced at the close of such Review Date.
The per share valuation price of such ADS Stock shall be based upon the average closing price for the 20 consecutive business days ending the business day immediately prior to the Closing Date, as published in The --- Wall Street Journal, Eastern Edition (the "Closing Valuation Price").
The term "Post Closing Valuation Price Per Share" shall mean the greater of (a) the highest closing sale price of a share of Candie's Common Stock, as reported on the Nasdaq Stock Market, during the Valuation Period, and (b) $6.0625.
In this regard, the parties hereto agree that (i) the Initial Candie's Shares shall be valued at a price per share equal to the closing price of a share of Candie's Common Stock on the Closing Date, and (ii) the Additional Candie's Shares, if any, shall be valued at the Post Closing Valuation Price Per Share.
Accordingly, for administrative convenience, BondCo shall withhold from its contribution to Growth Partners (or its designated direct or indirect Subsidiary), and shall not contribute, an amount of CEOC Notes (otherwise subject to contribution as set forth in Section 3.2) with an aggregate value (determined in accordance with the CEOC Notes Closing Valuation Methodology) equal to the Rights FMV (the “CEOC Notes Restoration Amount”).
For purposes of paragraph 1.1(a), Target's net value shall be (a) the value of the Assets computed immediately after the close of regular trading on the New York Stock Exchange ("NYSE") and Target's declaration of dividends and/or other distributions, if any, on the date of the Closing ("Valuation Time"), using the valuation procedures set forth in Trust's then-current prospectus and statement of additional information ("Pro/SAI"), less (b) the amount of the Liabilities at the Valuation Time.
Party A shall not be responsible for any defects or losses in the conditions of the Company's current assets if these defects or losses have been reflected in the Closing Valuation as defined herein in Article 11.
Notwithstanding any other provision ----------------------------- of this Section 10, in no event shall a person be entitled to indemnification ---------- hereunder unless, and only to the extent that, the aggregate amount of all Damages for which such person would otherwise be entitled to indemnification exceeds in the aggregate (when considered together with other persons similarly situated) one percent (1%) of the Closing Valuation.