Examples of Company FMV in a sentence
If the conversion election is subject to the consummation of a proposed Corporate Transaction, then, to the extent applicable, the Company FMV shall be determined by reference to the purchase price or other consideration payable in connection with such Corporate Transaction.
In all other instances, the Company FMV shall be determined either: (ii) by mutual written agreement of the Holder and the Company within ten (10) Business Days after the Election Date, or (ii) if no such agreement has been reached within such 10-day period, by a valuation opinion provided by an independent investment bank or similar firm that is mutually agreeable to the Company and the Holder (the “Valuation Firm”).
Upon selection a mutually agreeable Valuation Firm, the Company shall promptly engage such Valuation Firm to determine and deliver its opinion of the Company FMV and shall pay all fees and costs associated with such engagement.
Such determination of Company FMV shall be final, conclusive, and binding on the Members.
If the two Valuation Firms are unable to agree upon a third Appraiser by the tenth day immediately following the date on which they have both delivered a calculation of Company FMV pursuant to Section 9.05(a) (the “Initial Calculation Date”), the third Valuation Firm shall be selected as follows: Each of the first two Valuation Firms will suggest two potential third Valuation Firms, each of whom shall be an Independent Valuation Firm, for a total of four.
Each such Valuation Firm shall determine Company FMV in good faith (acting in accordance with the definition thereof in Section 1.01) and deliver its calculation of Company FMV not later than the first Business Day that is at least 30 days after the date of delivery of such Company FMV Determination Request; provided, that both Valuation Firms shall agree on a date on which to both deliver their calculations and Company FMV shall be determined as of such date (the “FMV Determination Date”).
The Commodore FMV and the Company FMV shall be appraised --------- as soon as practicable following Commodore's delivery of the notice of exercise of the Option.
The Valuation Firm shall determine Company FMV in good faith, acting in accordance with the definition “Company FMV’ in Section 1.01, and deliver its calculation of Company FMV to the Board within thirty (30) days after the date of delivery of such Company FMV Determination Request.
The determination by such firm of the Company FMV shall be final, conclusive and binding, and the fees and expenses of such valuation firm shall be borne by the Company.
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