Fair Market Value Price. The sum of the aggregate fair market value of all of the assets of the Trust as determined by the Securities Administrator in consultation with the Underwriter (or, if the Underwriter 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 8.01; 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 Mortgage Rate (less the related Servicing Fee Rate) on the Stated 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 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:
Examples of Fair Market Value Price in a sentence
It noted that the Board had singled out a company’s chief executive officer to perform a public reading only once before, where the Board had emphasized the personal participation of the company president in the unfair labor practices.
Notwithstanding the foregoing, Options may be granted with a per Share exercise price of less than one hundred percent (100%) of the Fair Market Value Price per Common Share on the date of grant pursuant to a transaction described in, and in a manner consistent with, Section 424(a) of the Code.
Notwithstanding the foregoing, in the case of a Nonqualified Share Option or Incentive Share Option, the Exercise Price will be no less than one hundred percent (100%) of the Fair Market Value Price per Common Share on the date of grant, subject to the limitations applicable to Incentive Share Options set forth in paragraph 8.1(b) of the Plan.
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: (a) of the same type, grade and Service Year as the Client’s Grain; and (b) calculated at the time Viterra or the Client pays the Excess Outturn Entitlement Amount or the Shortfall Outturn Entitlement Amount (as the case requires).
Fair Market Value Price at which a buyer and seller, under no compulsion to buy or sell, will trade.
More Definitions of Fair Market Value Price
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:
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 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 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 of a share of Common Stock shall mean the average of the closing sales prices, if available, and, if not then available, the average of the bid and asked prices for the Common Stock, as applicable, on the principal market therefor for the five (5) Trading Days preceding the day which is two (2) business days prior to the day of exercise, or if no such price is available, then the fair market value shall be determined in good faith by a majority of the Board of Directors of the Company (excluding any director nominated by or otherwise affiliated with the Holder or an affiliate of the Holder), and in making such determination it shall not give consideration to any discount related to shares representing minority interest or related to any illiquidity or lack of marketability of shares arising from restrictions on transfer under federal or state securities laws. If the Holder of the Warrant to be exercised disagrees with such determination of Fair Market Value Price, such Holder shall provide written notice to the Company thereof (a “Value Dispute”) and the Fair Market Value Price of a share of Common Stock as of the day of exercise shall be determined by the following procedures. Each of the Company, on the one hand, and the Holder submitting the Value Dispute, on the other hand, shall appoint an independent appraiser, each of whom shall independently determine the Fair Market Value Price per share of Common Stock (the “Appraised Values”). If the higher of the Appraised Values is not more than 25% higher than the lower of the Appraised Values, then the Fair Market Value Price per share will be the average of the two Appraised Values. If the higher of the Appraised Values is more than 25% higher than the lower of the Appraised Values, then the parties shall appoint a third independent appraiser who shall, within thirty (30) days following receipt of the Appraised Values, select one of the two Appraised Values as the Fair Market Value Price per share which is closest to the Fair Market Value Price per share determined by such third independent appraiser (the “Third Appraiser’s Determination”). The Third Appraiser’s Determination shall be binding on and non-appealable by the Company and the Holder of the Warrant to be exercised. In the event of a Third Appraiser’s Determination, if the aggregate amount by which the Fair Market Value Price of the Warrant Shares being exercised exceeds the aggregate exercise price, is less than $5,000,000, the cost of all indepen...
Fair Market Value Price means, as of the Date of Grant, such value as the Board of Directors in good faith shall determine for purposes of granting Options or Stock Rights under the Plan.
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.