DCF Value definition

DCF Value means the sum of (i) the Present Value of Contracted Net Cash Flow in respect of the relevant Collateral Vessel, plus (ii) the Terminal Value of such Collateral Vessel.
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DCF Value means the minimum price at which the Shares are permitted to be issued to persons resident outside India, determined in accordance with the discounted free cash flow method as specified under FEMA Notification 205/2010 dated April 7, 2010, issued by the RBI, as amended from time to time, or any re-enactment or replacement thereof;
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DCF Value means, at any time, the aggregate net present value of remaining projected cash flows from the DCF Value Policies based upon (i) for each DCF Value Policy the average of the two most conservative Mortality Ratings in the most recently obtained Life Expectancies in accordance with Section 5.1(i) of the Note Purchase Agreement; (ii) the 2008 Valuation Basic Table, RR100 table; (iii) for each DCF Value Policy the average of the 2 longest underwriting dates on the Life Expectancies as of the date of the initial purchase of the Senior Notes; (iv) the most recently obtained policy illustrations projecting premiums and net death benefit to the maturity date of the relevant DCF Value Policy; (v) for each insured, the date of birth, gender and smoking status; (vi) for each DCF Value Policy a minimum account value or cash surrender value, as applicable, of $1,000 except for DCF Value Policies which have a no-lapse guarantee or similar endorsement and (vii) discounted at an annual rate of 12% (except as set forth below) based on the MAP Portfolio Model, as determined by the Issuer; provided that with respect to any DCF Value Policy for which an Insurer Credit Event set forth in clause (b) of such definition has occurred, the remaining projected cash flows for purposes of calculating the "DCF Value" shall be reduced by the amount by which the Death Benefit exceeds the statutory cap for such Policy; provided, further, that with respect to any DCF Value Policy that has matured but for which the Death Benefit has not been deposited into the Death Benefits Account, the remaining projected cash flows shall be discounted at a rate equal to the Applicable Rate in effect on the applicable date of determination with the assumption that the Death Benefit will be paid within 60 days after the claim by the applicable Credit Party or Securities Intermediary is made therefor. For the avoidance of doubt, with respect to a Policy, any portion of the Death Benefit payable to any Person other than the Securities Intermediary, the Policy Subsidy, the Issuer or the applicable Owner Trust shall not be included in the DCF Value.
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Examples of DCF Value in a sentence

  • If there are any disputes in the projections, then the matter shall be referred to an Independent Valuer nominated by Calpian and such Independent Valuer’s decision on the projections and the calculation of the DCF Value shall be final.

  • For avoidance of doubt it is hereby clarified that Calpian shall have an option but shall not be obliged to subscribe to the Second Tranche Subscription Shares in the event the DCF Value arrived would be higher than the agreed subscription price of the Second Tranche Subscription Shares which is USD 1,250,000 (U.S. Dollars One Million Two Fifty Thousand only).

  • In the event the DCF Value arrived at is higher than the agreed subscription price of the Future Subscription Share then Calpian shall have the option and not the obligation to subscribe to the Future Subscription Shares.

  • Therefore DCF Value has much lower volatility than the earnings or cash flows included in the valuation.

  • A 15% and 85% debt and equity structure was assumed, arriving at a WACC of 9.65%.(in USD - cents) DCF Value per Share (GBP pence)392.42 The components of the WACC are as follows: Cost of Debt WACC Sensitivity AnalysisThe table below illustrates the sensitivity of the dividend discount model valuation to the inputs of the model.

  • The PAPUC requests that this issue as well as the propriety of MAIT’s proxy group selection generally be assigned to an evidentiary hearing.3. The DCF Value Line Growth Rate Model Is Artificially Inflated By PG&E Mr. McKenzie’s DCF Value Line growth rate model at Exhibit No. MAT-19 is inflated by the inclusion of a Value Line growth component for Pacific Gas & Electric (PG&E) of 12.0% that is far in excess of other growth rates in the electric utility proxy group.

  • We discount the company's projected future cash flows (from 1999 to 2003), and then calculate a "terminal value" in 2003 following the 5 year timeframe of Thermo Vision's financial projections to derive an aggregate equity value and a price per share for Thermo Vision ("DCF Value").

  • The value per share ranged from KRW 934,510 to KRW 1,107,800 DCF Value Result(Unit: MKRW)A.

  • An unauthorized area is any area a student has not obtained permission to be in.• Any behavior that is unbecoming of a responsible Walker High School student• Committing any other serious offenses as determined by the administration TECHNOLOGY INFRACTIONSAny student that does not bring the school issued laptop ready for use to school will receive a technology infraction.

  • The figures give the value of the E-Trade company under the two assumptions: Value of the Firm = Basic DCF Value + Value of the two embedded real options= $ 5.414 billion.If we replace the Basic DCF Value by the most likely value; the firms’ value works out to be $ 4.004 billion.

Related to DCF Value

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Half-value layer (HVL) means the thickness of specified material which attenuates the beam of radiation to an extent such that the exposure rate is reduced to one-half of its original value. In this definition the contribution of all scattered radiation, other than any which might be present initially in the beam concerned, is deemed to be excluded.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).

  • SPS AER Value means the Underlying Reference Value.

  • Disposition Value means, at any time, with respect to any property

  • Acquisition Value of the Common Stock means, for each Trading Day in the Valuation Period, the value of the consideration paid per share of Common Stock in connection with such Public Acquirer Change of Control, as follows:

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • 704(c) Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution, as determined by the General Partner using such reasonable method of valuation as it may adopt. Subject to Exhibit B hereof, the General Partner shall, in its sole and absolute discretion, use such method as it deems reasonable and appropriate to allocate the aggregate of the 704(c) Values of Contributed Properties in a single or integrated transaction among the separate properties on a basis proportional to their respective fair market values.

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • Discounted present value means the present value of future payments determined by discounting the payments to the present using the most recently published applicable federal rate for determining the present value of an annuity, as issued by the internal revenue service.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Black Scholes Consideration Value means the value of the applicable Option, Convertible Security or Adjustment Right (as the case may be) as of the date of issuance thereof calculated using the Black Scholes Option Pricing Model obtained from the “OV” function on Bloomberg utilizing (i) an underlying price per share equal to the Closing Sale Price of the Common Stock on the Trading Day immediately preceding the public announcement of the execution of definitive documents with respect to the issuance of such Option or Convertible Security (as the case may be), (ii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of such Option, Convertible Security or Adjustment Right (as the case may be) as of the date of issuance of such Option, Convertible Security or Adjustment Right (as the case may be), (iii) a zero cost of borrow and (iv) an expected volatility equal to the greater of 100% and the 30 day volatility obtained from the “HVT” function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the date of issuance of such Option, Convertible Security or Adjustment Right (as the case may be).

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Loan Value means for any Loan that is not a Defaulted Receivable on any day (including the Cut-off Date) (A) with respect to Precomputed Loans, (i) the present value of the future Scheduled Payments discounted monthly at the applicable Implicit Rate of Return plus (ii) any past due Scheduled Payments reflected on the Servicer’s records plus (iii) the unamortized amounts of any purchase premiums minus (iv) the unamortized amounts of any purchase discounts and (B) with respect to Simple Interest Loans, (i) the balance reflected on the Servicer’s records plus (ii) the unamortized amounts of any purchase premiums minus (iii) the unamortized amounts of any purchase discounts. Defaulted Receivables that are Loans shall be deemed to have a Loan Value equal to the outstanding Loan Value at the time it became a Defaulted Receivable less the amount written off as uncollectible in accordance with the Credit and Collection Policy.

  • Orderly Liquidation Value means the net amount (after all costs of sale), expressed in terms of money, which Agent, in its good faith discretion, estimates can be realized from a sale, as of a specific date, given a reasonable period to find a purchaser(s), with the seller being compelled to sell on an as-is/where-is basis.

  • Best Value means the method by which a proposal/contract, if any, is awarded, in accordance with applicable laws, rules, and regulations. Best Value includes multiple parameters, including experience, references, quality of the Vendor's product(s)/service(s), and price, as detailed in Section 6.0 Evaluation and Award.

  • Adjusted Value as used in subdivision (d) means:

  • Transaction Value means the actual contract value (the bid sum or price) in South African currency, inclusive of all applicable taxes in respect of the goods, services or construction works that are contracted for.

  • Option Value means the value of an Option based on the Black and Scholes Option Pricing model obtained from the “OV” function on Bloomberg determined as of the day prior to the public announcement of the applicable Option for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of the applicable Option as of the applicable date of determination, (ii) an expected volatility equal to the greater of (a) 100% and (b) the 100 day volatility obtained from the HVT function on Bloomberg as of the day immediately following the public announcement of the issuance of the applicable Option, (iii) the underlying price per share used in such calculation shall be the highest Weighted Average Price of the Common Stock during the period beginning on the day prior to the execution of definitive documentation relating to the issuance of the applicable Option and the public announcement of such issuance and (iv) a 360 day annualization factor.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Liquidation Value With respect to the Business Combination Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this Offering in accordance with the vote of the holders of a majority of the IPO Shares. At the time the Company seeks approval of any potential Business Combination, the Company will offer each of holders of the Company's Common Stock issued in this Offering ("IPO Shares") the right to convert their IPO Shares at a per share price equal to the amount in the Trust Fund (inclusive of any interest income therein) on the record date ("Conversion Price") for determination of stockholders entitled to vote upon the proposal to approve such Business Combination ("Record Date") divided by the total number of IPO Shares. The Company's "Liquidation Value" shall mean the Company's book value, as determined by the Company and audited by BDO. In no event, however, will the Company's Liquidation Value be less than the Trust Fund, inclusive of any net interest income thereon. If holders of less than 20% in interest of the Company's IPO Shares vote against such approval of a Business Combination, the Company may, but will not be required to, proceed with such Business Combination. If the Company elects to so proceed, it will convert shares, based upon the Conversion Price, from those holders of IPO Shares who affirmatively requested such conversion and who voted against the Business Combination. Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. If holders of 20% or more in interest of the IPO Shares vote against approval of any potential Business Combination, the Company will not proceed with such Business Combination and will not convert such shares.

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Remaining Excess Spread With respect to any Distribution Date, the Excess Spread less any Extra Principal Distribution Amount, in each case for such Distribution Date.