Combined Value definition

Combined Value. ’ means the amount, as of any Valuation Date, equal to the Net Asset Value Per Capital Unit as of such Valuation Date and the Repayment Price as of the date of such calculation;

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Combined Value has the meaning specified in Section 9.8(a).

Combined Value means the sum of (i) the Purchase Price plus (ii) the Issue Price, as such term is defined in the Contribution Agreement plus (iii) $119 million.

Examples of Combined Value in a sentence

• Each such option to purchase TSC Common Stock shall be adjusted to reflect the Distribution, based on a comparison of (i) the Combined Value and (ii) the TSC Value.

• The exercise price of each substitute option, and the number of shares of eLoyalty Common Stock subject thereto, shall be equal to the exercise price of the existing TSC option and the number of shares subject thereto, adjusted to reflect the Distribution based on a comparison of (i) the trading price of TSC Common Stock prior to the Distribution (the "Combined Value") and (ii) the trading price of eLoyalty Common Stock after the Distribution (the "eLoyalty Value").

• The exercise price of each substitute option, and the number of shares of eLoyalty Common Stock subject thereto, shall be equal to the exercise price of the existing TSC option and the number of shares subject thereto, adjusted to reflect the Distribution based on a comparison of (i) the trading price of TSC Common Stock prior to the Distribution (the "Combined Value") and (ii) the -------------- trading price of eLoyalty Common Stock after the Distribution (the "eLoyalty -------- Value").

• For greater clarity, for example, if the 20 day weighted average trading price of the common shares of the Purchaser is $5.80, the Lumina Shares and the Warrant Shares (assuming a warrant exercise price of Cdn$1.60 per share) would have a Combined Value of $5.0 Million; $2.9 Million of value ascribed to the Lumina Shares and $2.1 Million of value ascribed to the Warrant Shares, in which event no Difference Payment will be payable.

• Calculation of the management fee rate is based on a tiered fee structure using the combined value of all PIN-managed accounts within the Client’s household, as followsi: Combined Value of Accounts Annual Managed by PIN Fee $50,000 to 99,999 1.50% 2,000,000 and above .80% PIN’s minimum account size is $50,000.

• Upon a Change of Control of the Company that also satisfies the requirements of Treasury Regulation § 1.409A-3(i)(5) within one year of the Effective Date, if the Executive is then employed by the Company or prior thereto has been terminated by the Company without Cause in contemplation of a Change of Control, the Executive shall be entitled to an additional bonus (the “Additional Bonus”) if, and only if, the Combined Value (as defined below) is less than $4,135,000.

More Definitions of Combined Value

Combined Value means the sum of the original loan amount and half the discount;

Combined Value means the sum of (i) the Issue Price plus (ii) the purchase price paid by the buyer under the Purchase and Sale Agreement plus

Combined Value is defined as the sum of the Value Bonus and the Triggered Severance Amount (if any), each as defined below. To the extent the Executive is entitled to an Additional Bonus, such Additional Bonus shall equal the difference between $4,135,000 and the Combined Value and shall be payable in a lump sum sixty (60) days after the termination covered by the Triggered Severance Amount, if applicable, or, if

Combined Value has the meaning specified in Section 9.8(a). -------------- -------------- -2-

Combined Value means the sum of (i) the Purchase Price plus (ii) the Issue Price, as such term is defined in the Contribution Agreement plus (iii)