Deemed Value definition

Deemed Value means the deemed value of each preference share for purposes of calculating the preference dividend, being an amount determined by the directors at the time of allotment and issue of the first preference shares, notwithstanding the actual issue price of a preference share (that is the nominal value of the preference share plus a premium thereon) which may vary because of a difference in the premium at which the preference shares may be issued from time to time;

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Deemed Value means the deemed value of each Perpetual Preference Share for purposes of calculation of the preference dividend, being an amount of £10.00, notwithstanding the actual issue price of a Perpetual Preference Share (that is the nominal value of the Perpetual Preference Share plus a premium thereon) which may vary because of a difference in the premium at which the Perpetual Preference Shares may be issued from time to time;

Deemed Value means, in respect of a Superior Proposal or the Transactions, as applicable, the aggregate dollar value to the Company and its bankruptcy estate of all cash and non-cash, as applicable, consideration comprising the Superior Proposal or Transactions, as applicable, as determined by the Board of Directors of the Company after consultation with its financial and legal advisors, and such other advisors as the Board of Directors of the Company chooses to consult.

Examples of Deemed Value in a sentence

• In exchange for such capital contribution, Membership Units shall be issued based upon the Deemed Value Per Membership Unit on the date of such capital contribution.

• Each Subordinated Note shall be in a principal amount equal to the Deemed Value plus accrued and unpaid Dividends.

• Upon surrender in accordance with said notice of the certificates for any shares so redeemed (properly endorsed or assigned for transfer, if the Board shall so require and the notice shall so state), such shares shall be redeemed by the Corporation at the Deemed Value plus accrued and unpaid Dividends.

• One-half of the Deemed Value of each Annual Stock Award shall be payable in the form of non-qualified stock options and the other half shall be payable in the form of restricted stock or restricted stock units, as determined by the Committee on each grant date in accordance with this Agreement.

• In the case of payment owed by Parent pursuant to this Article X, Parent shall instruct the transfer agent for the Parent Common Stock, promptly following a Final Determination, to issue to and in the name of each Former Company Stockholder (pro rata to the Merger Consideration received by such Former Company Stockholder) certificate(s) representing shares of Parent Common Stock with an Indemnification Deemed Value sufficient to cover the obligations of Parent pursuant to this Article X.

More Definitions of Deemed Value

Deemed Value means, with respect to each share of Stock owned by an Eligible Director on any Date of Grant, the Fair Market Value of a share of Stock on the last day of the fiscal year of the Company immediately preceding such Date of Grant.

Deemed Value with respect to a Property shall be equal to the value allocated to such Property in Schedule VII attached hereto.

Deemed Value has the meaning set forth in Appendix A to this Agreement.

Deemed Value means the deemed value of each preference share for purposes of calculation of the preference dividend during each dividend period, being the sum of:

Deemed Value means, in respect of each and every preference share issued by the Company at any time and irrespective of the issue price at which such share is issued, the value of a preference share as determined by the directors prior to the allotment and issue of the first preference share/s;

Deemed Value means the deemed value of each perpetual preference share for purposes of

Deemed Value as used herein shall equal the Face Value plus the amount by which the Closing Price exceeds the Hurdle Price on the date of the relevant event. The "Hurdle Price" as used herein shall equal $6.50, subject to adjustment pursuant to paragraph 3 above. The "Closing Price" as used herein shall mean the average of the closing prices for a share of Common Stock on the twenty (20) consecutive trading days ending on the trading date last preceding an optional redemption date, the Mandatory Redemption Date (as defined below), the date of an event described in paragraph 4(a) above or the closing date of an Acquisition (as defined below), as the case may be, as reported on the National Association of Securities Dealers, Inc.'s Automated Quotations System ("Nasdaq") or if such closing prices shall not be reported on Nasdaq, the average of the closing prices, regular way, for a share of such security on the principal national securities exchange on which such security is listed on such twenty (20) consecutive trading days, or if such security is not listed on any national securities exchange, the average of the mean between the closing bid and asked prices of a share of such security on such twenty (20) consecutive trading days as reported, or if such prices shall not be so reported, as the same shall be reported by the National Quotation Bureau, Incorporated or, in all other cases, the value set in good faith by the Board.