Fair Value definition

Fair Value means, with respect to securities or any other assets, other than cash, the fair market value determined by the Board.

Fair Value means the amount at which the assets (both tangible and intangible), in their entirety, of the Borrower and its Subsidiaries taken as a whole would change hands between a willing buyer and a willing seller, within a commercially reasonable period of time, each having reasonable knowledge of the relevant facts, with neither being under any compulsion to act.

Fair Value means the value of a security determined in accordance with Canadian GAAP applicable to publicly accountable enterprises.

Examples of Fair Value in a sentence

• The Fair Value as determined by the aforementioned expert or competent court shall be final and binding to the Parties.

• If the Optionholder does not agree with the Fair Value determined by the Company as set out above, the Optionholder must send a notice (a “Disagreement Notice”) to the Company within 7 days after the receipt of Company’s calculation of Fair Value.

• In such case, the Fair Value shall be determined by an independent expert appointed jointly by the Optionholder and the Company.

• If a Founder becomes a Good Leaver, the Company shall have the right to acquire from such Founder (a) all of the Founder’s Unvested Shares free of charge or for the purchase price determined by the Company (which may not exceed the aggregate nominal value of such Shares), as elected by the Company, and (b) all of the Founder’s vested Shares against the payment of a purchase price equal to the Fair Value for such Shares.

• If the Company exercises the Call Option, the Founder shall take all actions requested by the Company to Transfer the Returned Shares to the Company (or as directed by the Company) within a period that shall be (a) 14 days after the receipt of the Option Notice, if the Transfer is free of charge or (b) 14 days after the determination of Fair Value under Section 5.9, if the Transfer is at the fair value of Shares (the “Fair Value”).

More Definitions of Fair Value

Fair Value means the fair value of a Shared Loss MTM Asset as determined in accordance with FAS 157 as in effect on Bank Closing.

Fair Value means the amount at which the assets (both tangible and intangible), in their entirety, of Holdings and its Subsidiaries taken as a whole would change hands between a willing buyer and a willing seller, within a commercially reasonable period of time, each having reasonable knowledge of the relevant facts, with neither being under any compulsion to act.

Fair Value means the amount for which an asset could be exchanged, or a liability settled between knowledgeable, willing parties in an arm’s length transaction (as set out in the reporting standards adopted in terms of the Companies Act (Act No. 61 of 1973).

Fair Value means, with respect to any asset or Property, the price which could be negotiated in an arm's-length free market transaction, for cash, between a willing seller and a willing buyer, neither of whom is under undue pressure or compulsion to complete the transaction.

Fair Value means the mean of the earning value and the break up value;

Fair Value means a value at least equal to 80% of the balance in the Trust Account (excluding any deferred underwriting fees and any taxes payable on the Trust Account balance) at the time of the execution of a definitive agreement for a Business Combination;

Fair Value of an asset means its fair market value.