Decreased Value definition

Decreased Value means the depreciation in the worth of a Deferred Stock Unit from the date of award up to and including the Valuation Date, as determined by the Committee pursuant to a Valuation.
Decreased Value means an amount equal to the decreased value of any Transponder as of the Redelivery date due to the decrease in such Transponder's Fair Market Sales Value
Decreased Value shall have the meaning set forth in Section 10(b) of the Lease.

Examples of Decreased Value in a sentence

  • The milestone and royalty payments reflect the Initial Value Share and therefore are subject to adjustments in case that the Decreased Value Share or Adjusted Value Share applies (any such adjustment to be undertaken pursuant to Section 7.2.1(c), Section 7.2.2(c) and Section 7.2.3(c) below).

  • In consideration of the license grants, Felicitex shall pay to Selvita certain milestones, royalties and/or participation payments on basis of Selvita’s Initial Value Share, Decreased Value Share or, as applicable, Adjusted Value Share as defined and outlined in Article VII.

  • If Seller agrees with the claims by Buyer and authorizes Escrow Agent to disburse the Decreased Value Amount to Buyer, or if Seller fails to respond within said 10 day period, Escrow Agent shall immediately disburse to Buyer the Decreased Value Amount.

  • Within ten (10) days after receipt by Seller of the information referred to above, Seller shall notify Buyer and Escrow Agent in writing that either (i) Seller agrees with the claims by Buyer and authorizes Escrow Agent to disburse the Decreased Value Amount to Buyer, or (ii) Seller disputes the claim by Buyer.

  • If and to the extent that Felicitex undertakes Development and Commercialization of Optioned Compounds or Products through External Development, Felicitex shall pay to Selvita a participation payment on Participation Income in an amount equal to Selvita’s Initial Value Share or, if applicable, Decreased Value Share or, if applicable, Adjusted Value Share in such Participation Income.

  • If Seller disputes the claim by Buyer, Escrow Agent shall continue to hold the Decreased Value Amount until either (i) Seller and Buyer direct Escrow Agent to disburse the Decreased Value Amount, or (ii) Escrow Agent is instructed to disburse such amount by a court of competent jurisdiction.

  • If the Closing Book Value is less than an amount equal to (i) $1,430,000 less (ii) the Option Payment, then the Merger Consideration shall be reduced by consideration having a value (the "Decreased Value") equal to the deficit below said amount.

  • If the Closing Book Value, as finally determined, results in a Decreased Value, then the total of such Decreased Value shall be broken into a cash component and TSI Common Shares, in the same proportion as these items made up the Merger Consideration at the Target Value.

  • If the Parties cannot identify a Decreased Value Share for all (current or future) Optioned Compounds governed by an Exclusive License Agreement, the Parties shall calculate the actual royalty rates for the table in Section 7.2.3(a) of the final version of the Exclusive License Agreement on basis of the Initial Value Share and in such case, Section 7.2.3(c)(i) shall remain untouched.

  • Only in case of prior Internal Development by Felicitex, under the assumption and condition that Felicitex undertakes investments into the Research and Development of Optioned Compounds and Products from its own or any of its Affiliates’ own resources, the applicable Initial Value Share, Decreased Value Share or Adjusted Value Share of Selvita for the Participation Income shall be reduced as described in Exhibit G (“Diluted Value Share“) according the calculation scheme attached as Exhibit G.