Designated Value means, with respect to any Real Property, the book value of such Real Property, together with the book value of all fixtures appurtenant thereto and all improvements thereon.
Designated Value of the shares on a specified date shall mean (i) the average of the closing prices of the common stock on the principal market or registered exchange on which the Company's common stock is traded (or the average of the closing bid and ask prices, if a single closing price is not reported for such market) on the ten (10) consecutive trading days next preceding the date for the determination of such value, provided that the stock is then traded on the over the counter market or on the NASDAQ System or any registered securities exchange, or (ii) if not publicly traded, the book value per share of the Company as of the end of the calendar quarter next preceding the date of determination of such value.
Designated Value shall have the meaning given such term in Section 36(a) hereof.
Examples of Designated Value in a sentence
No certificates or scrip or shares representing fractional shares of the Stock Consideration shall be issued in connection with the transactions contemplated hereby and in lieu thereof, Newtek shall receive from the Parent, an amount of cash equal to the product (rounded upwards to the nearest whole cent) of such fraction of a share of Stock Consideration based on the Designated Value.
More Definitions of Designated Value
Designated Value means $1,755.50 per Net Acre.
Designated Value is defined in Sections 3.2(a), 3.2(d)(iii), 3.2(e)(iii), 3.2(f)(iii) and 3.2(g)(iii).
Designated Value means the sum of One Thousand Dollars ($1,000) per share of Series B Preferred Stock plus all accrued and unpaid dividends thereon.
Designated Value means $3.82 per share of Parent Common Stock.
Designated Value means $1,755.50 per Net Acre. “Dispute” has the meaning set forth in Section 14.14(b).
Designated Value for any Lease, Unit or Well shall be the amount agreed upon by Buyer and BRG which the parties commit to negotiate in good faith, provided, however, that in the event that the parties are unable to reach agreement on the Designated Value after a period of one full business day after the receipt by BRG of the Defect Notice containing Buyer's proposed Designated Value, the Designated Value shall be determined by the independent petroleum engineering firm of Xxxxx Xxxxx Company. Each of the parties commits to promptly provide all information and material relevant to the issue in its possession to such firm as promptly as practical. Such firm shall provide its opinion of the Designated Value within two business days from the date of receipt of the information and materials from all parties and the decision of such firm shall be final and binding on all parties. The costs and expenses of obtaining such determination shall be paid and borne by the parties equally.
Designated Value means the amount designated by the Committee with respect to a Stock Bonus Unit as defined in Section 8 b).