External Valuation definition

External Valuation means a valuation of the Properties prepared and issued by an independent and reputable appraiser, specifying the value of the Properties.
Sample 1Sample 2Sample 3
External Valuation means the independent Program valuation prepared for Purchaser by Xxxxx & Xxxxx Inc. of Vancouver, British Columbia.
Sample 1
External Valuation means a determination of the fair value of the Company as of the close of the month prior to the month in which the event triggering a buy-out right occurs, determined by an unrelated third party with at least fifteen (15) years’ experience and expertise in private company valuations and an “ABV” (Accredited in Business Valuation), “ASA” (Accredited Senior Appraiser), “CVA” (Certified Valuation Analyst), “AVA” (Accredited Valuation Analyst) or “CBA” (Certified Business Appraiser) credential, jointly selected by Representatives selected by each party (one by the purchaser and one by the seller), which Representatives also must have at least fifteen (15) years’ experience and expertise in private company valuations and an ABV, ASA, CVA, AVA or CBA credential. The Representatives will provide the evaluator with information and materials they deem relevant to value the Company; the valuation issued by the jointly-selected evaluator will be final and binding on all parties. To the extent necessary or appropriate, the Company’s accountants shall determine the value of the respective Membership Interests once the evaluator has made its determination of the Company value. Except as otherwise expressly provided in this Agreement, the expense of the External Valuation will be borne by the Company; provided, however, that any External Valuation conducted in connection with the “For Cause” termination of Xxxxx or Xxxxxxx shall be borne by the terminated party and paid in full at Closing, setoff against the amount owed by the Company.
Sample 1

Examples of External Valuation in a sentence

  • If the External Valuation Price is greater than the Strike Price, there will be no adjustment.

  • If Xxxxx or Xxxxxxx elects to exercise the Put Right, each of Xxxxx and Xxxxxxx, as applicable, shall sell all but not less than all of his Membership Interests, free and clear of all encumbrances, at the purchase price for his Membership Interests determined by an External Valuation, no later than thirty (30) days after the date of the Put Notice.

  • If Xxxxx or Xxxxxxx are terminated “For Cause,” then the External Valuation used to determine the value of the Membership Interest shall be required to incorporate the Discount Factors, but in no event shall such discounts be in excess of twenty percent (20%).

  • If the Company elects to exercise the Call Right, Xxxxx or Xxxxxxx, as applicable, shall sell all but not less than all of his Membership Interests and the Company shall purchase all but not less than all of Xxxxx’x or Xxxxxxx’x, as applicable, Membership Interests, free and clear of all encumbrances, at the purchase price for his Membership Interests determined by an External Valuation no later than thirty (30) days after the date of the Call Notice.

  • Awards pursuant to this Section 8.7 shall grant a number of additional Options calculated as follows: the excess of the Strike Price over the External Valuation Price, divided by the External Valuation Price.

  • Discretionary or "True Up” Awards: At the sole discretion of the Committee, supplemental Award(s) may be granted to all Optionees in order to equalize discrepancies that may periodically arise between crowdfunding prices used to determine the amount of previous Awards versus prices determined through External Valuation Events.

  • In the event that the External Valuation Price is less than the Strike Price of any previous Award, additional Options shall be granted to the Optionees in accordance with Section 8.7(b).


More Definitions of External Valuation

External Valuation means the Program valuation prepared for Purchaser by emc partners of 000 Xxxxxxxx Xxx., Xxxxxxx, Xxxxxxx X0X 0X0.
Sample 1
External Valuation means the per share price established by the ------------------ most recent equity investment in ErythroMed by an independent third party in an arm's length transaction in excess of [*****] provided, however, that if, at the time of the event giving rise to such valuation, ErythroMed shall have publicly traded Common Stock, the External Valuation shall be [*****] of the average bid price of ErythroMed's Common Stock during the [*****] period preceding such event giving rise to such valuation or, if such public market has not existed through such [*****] period, then the public offering prices for such shares occurring during such period. All such shares to be issued to Medarex while ErythroMed has publicly traded Common Stock shall be fully paid, nonassessable, registered and freely tradeable shares without restrictions.
Sample 1

Related to External Valuation

  • External Verifier means any qualified provider of third party assurance or attestation services or other independent expert of internationally recognised standing appointed by the Issuer, in each case with the expertise necessary to perform the functions required to be performed by the External Verifier under these Conditions, as determined in good faith by the Issuer;

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • external wall means an outer wall of a building even though adjoining to a wall of another building and also means a wall abutting on an interior open space of a building;

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • external borders means external borders as defined in point 2 of Article 2 of Regulation (EU) 2016/399;

  • External inspection means an inspection that does not involve examination of the internal surfaces of the pressure parts of the boiler.

  • External floating roof means a storage vessel cover in an open tank top consisting of a double deck or pontoon single deck which rests upon and is supported by the petroleum liquid being contained and is equipped with a closure seal or seals to close the space between the roof edge and tank shell.

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • External Debt means obligations (other than the Notes) of, or guaranteed by, the Republic for borrowed money or evidenced by bonds, notes or other similar instruments denominated or payable, or those which at the option of the holder thereof are so denominated or payable, in a currency other than the local currency of the Republic.

  • External Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for consumption by end-users outside the PJM Region, or for load in the PJM Region that is not served by Network Transmission Service.

  • Approved Valuation Firm means (a) each of (i) Xxxxxxxx Xxxxx Xxxxxx & Xxxxx, (ii) Lincoln International LLC (f/k/a Lincoln Partners LLC), (iii) Duff & Xxxxxx Corp. and (iv) Valuation Research Corporation, and (b) any other nationally recognized valuation firm approved by each of the Borrower and the Administrative Agent in their sole reasonable discretion.

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • Internal inspection means as complete an examination as can be reasonably made of the internal and external surfaces of a boiler or pressure vessel while it is shut down and while manhole plates, handhole plates or other inspection opening closures are removed as required by the inspector.

  • Valuation means an estimate of the value of real estate or real property.

  • Fair Valuation means the determination of the value of the consolidated assets of a Person on the basis of the amount which may be realized by a willing seller within a reasonable time through collection or sale of such assets at market value on a going concern basis to an interested buyer who is willing to purchase under ordinary selling conditions in an arm’s length transaction.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • External User means a user of an Online Service that is not an employee, onsite contractor, or onsite agent of Customer or its Affiliates.

  • Internal Costs means the costs associated with each Council providing internal Council resources in relation to the City Deal which includes but is not limited to:

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Actuarial valuation means a mathematical determination of

  • External beam radiation therapy means therapeutic irradiation in which the source of radiation is at a distance from the body.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • External Auditor as used here shall mean any registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit, review or attest services for the Company. Each such external auditor shall report directly to the Committee. With respect to the external auditor, the Committee shall:

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;