Fair Market Value Price definition

Fair Market Value Price means the average Quoted Price for the five business days prior to the closing of the applicable sale.
Fair Market Value Price means, as of any date, the value of Common Shares determined as follows:
Fair Market Value Price means in respect of a Client’s Bulk Wheat, the fair market value (on a per tonne basis) of Bulk Wheat that is:

Examples of Fair Market Value Price in a sentence

  • Upon the Authority’s request following a Partial Public Financing Revision, the Parties agree to meet and confer in good faith for a period of not less than ninety (90) days to determine the Fair Market Value Price and any change in the Minimum Affordable Percentage (if applicable) and the corresponding adjustments to this Housing Plan.

  • If the Parties are not able to agree on the Fair Market Value Price, the Minimum Affordable Percentage, or the corresponding adjustments to this Housing Plan within ninety (90) days, then either Party shall have the right to initiate the appraisal process set forth in Section 17.4 of the DDA.


More Definitions of Fair Market Value Price

Fair Market Value Price means in respect of a Client’s Grain, the fair market value (on a per tonne basis) of Grain that is:
Fair Market Value Price. The sum of the aggregate fair market value of all of the assets of the Trust Fund as determined by the Securities Administrator in consultation with the Purchaser (or, if the Purchaser is unwilling or unable to serve in that capacity, a financial advisor selected by the Securities Administrator in a commercially reasonable manner, whose fees will be an expense of the Depositor (or other party causing the Terminating Purchase)), based upon the mean of bids from at least three recognized broker/dealers that deal in similar assets as of the close of business on the third Business Day preceding the date upon which notice of any such termination is furnished to Certificateholders pursuant to Section 11.02 hereof; provided, however, that in determining such aggregate fair market value, the Securities Administrator shall be entitled to conclusively rely on such bids or the opinion of a nationally recognized investment banker (the fees of which shall be an expense of the Trust). The fair market value of the assets in the Trust or the appraised value of any REO Property shall be based upon the inclusion of (i) accrued interest to the Due Date in the month in which the Termination Price is distributed to the Certificateholders, at the applicable Note Rate (less the related Servicing Fee Rate) on the Scheduled Principal Balance of each Mortgage Loan (including any Mortgage Loan which became an REO Property as to which an REO Property Disposition has not occurred), (ii) the amount of outstanding Servicing Advances to the Due Date in the month in which the Termination Price is distributed to the Certificateholders, and (iii) the amount of any costs and damages incurred by the Trust as a result of any violation of any applicable federal, state, or local predatory or abusive lending law arising from or in connection with the origination of any Mortgage Loan remaining in the Trust.
Fair Market Value Price means, at any time, the price determined by multiplying the Net Worth by the appropriate Member’s Percentage Interest.
Fair Market Value Price for each share of Common Stock or Preferred Stock at any particular date of determination means (i) in the case of the Common Stock, the price per share for the Management Investor's Common Stock based on (a) multiplying Holdings Corp.'s EBITDA during the 12 full calendar months immediately preceding such date by the number six (6), (b) subtracting from the product obtained pursuant to clause (a) all Indebtedness for Borrowed Money of Holdings Corp. and its subsidiaries outstanding on such date and the aggregate liquidation preference (plus accrued and unpaid dividends) of all shares of preferred stock, par value $.01, of Holdings Corp. and its subsidiaries outstanding on such date and (c) dividing the difference of the foregoing clauses (a) and (b) (such difference being referred to herein as the "Enterprise Value") by the total number of outstanding shares of Common Stock; PROVIDED, that if any of the Common Stock is traded on a national securities exchange or quoted on the National Association of Securities Dealers, Inc. Automated Quotation System, then the "Fair Market Value Price" shall equal for each share of Common Stock the closing price per common share on such exchange, or as so quoted, on the Management Investor's Termination Date; and (ii) in the case of the Preferred Stock, the lesser of (a) the Liquidation Preference (plus an amount equal to a pro rated dividend from the end of the last dividend period to the particular date of determination) of each share of Preferred Stock and (b) the price per share for the Management Investor's Preferred Stock calculated by dividing the Enterprise Value (calculated without deducting the aggregate Liquidation Preference of the outstanding Preferred Stock) by the number of outstanding shares of Preferred Stock;
Fair Market Value Price means the fair market value of such equipment as determined by Loeb Equipment Corp or other similar firm agreed to by both parties. Supplier and Buyer will each bear 50% of any appraisal fees incurred under this Agreement in the determination of Fair Market Value. Buyer will be responsible for, and will pay all costs and expenses associated with, the removal of the Purchased Equipment and any repairs to or cleaning of the applicable Supply Facility that may be required following the removal of the Purchased Equipment.
Fair Market Value Price. The sum of the aggregate fair market value of all of the assets of the Trust related to the Track 1 Loan Group or the Track 2 Loan Group, as applicable, in each case as determined by the Securities Administrator in consultation with the Initial Purchaser (or, if the Initial Purchaser is unwilling or unable to serve in that capacity, a financial advisor selected by the Securities Administrator in a commercially reasonable manner, whose fees will be an expense of the Depositor (or other party causing the Terminating Purchase)), based upon the mean of bids from at least three recognized broker/dealers that deal in similar assets as of the close of business on the third Business Day preceding the date upon which notice of any such termination is furnished to Certificateholders pursuant to Section 10.03; provided, however, that in determining such aggregate fair market value, the Securities Administrator shall be entitled to conclusively rely on such bids or the opinion of a nationally recognized investment banker (the fees of which shall be an expense of the Trust). The fair market value of the assets in the Trust related to the Track 1 Loan Group or the Track 2 Loan Group, as applicable, or the appraised value of any REO Property related to the Track 1 Loan Group or the Track 2 Loan Group, as applicable, shall be based upon the inclusion of (i) accrued interest to the Due Date in the month in which the Termination Price is distributed to the applicable Certificateholders, at the applicable Note Rate (less the related Servicing Fee Rate) on the Scheduled Principal Balance of each applicable Mortgage Loan (including any Mortgage Loan which became an REO Property as to which an REO Property Disposition has not occurred), (ii) the amount of outstanding Servicing Advances to the Due Date in the month in which the Termination Price is distributed to the applicable Certificateholders, and (iii) the amount of any costs and damages incurred by the Trust as a result of any violation of any applicable federal, state, or local predatory or abusive lending law arising from or in connection with the origination of any Track 1 Loan or Track 2 Loan, as applicable, remaining in the Trust.
Fair Market Value Price means a price equal to fair market value as determined by the Board of Directors in good faith as of a date not more than 30 days prior to the closing date of the applicable transaction.