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. 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.

Examples of Fair Market Value Price in a sentence

• The exercise under each Share Appreciation Right will be determined by the Board of Directors by reference to the fair market price(s) of the Common Shares on the primary Stock Exchange for which most trading of the Common Shares occurs, generally by reference to the closing market price of the Common Shares, provided that such price may not be less than one hundred percent (100%) of the Fair Market Value Price per Common Share on the date of grant.

• 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.

• 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.

• All Members acknowledge that the methods provided for in this Article XV and Schedule 1.1 for determining the Fair Market Value Price or other price of an Interest to be purchased hereunder are fair as to dates used, notices, terms and in all other respects, and are administratively and in substance superior to other methods.

• The Company shall pay a cash adjustment in respect of such fractional interest in an amount equal to the Fair Market Value Price of one share of Common Stock at the time of such exercise multiplied by such fraction computed to the nearest whole cent.

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 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, at any time, the price determined by multiplying the Net Worth by the appropriate Member’s Percentage Interest.

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 shall have the meaning set forth in section 2.4(e).

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.