Fair value of the shares definition

Fair value of the shares means the value of the shares of a corporation immediately before the effective date of the corporate action referred to in section 302A.471, subdivision 1.

Fair value of the shares means the value of the shares of a corporation immediately before the effective date of a corporate action referred to in subsection 1 of section 10-19.1-87.

Fair value of the shares means the per share value of the Shares as of the date of the Triggering Event as determined reasonably and in good faith by the Company’s Board of Directors. In the event that the Fair Value of the Shares as so determined by the Board of Directors is less than $500, and the Shareholder disagrees with such determination, then the Shareholder may submit to the Company in writing within thirty (30) days its objection, identifying the amount that the Shareholder believes to be the appropriate fair value of the Shares (the “Shareholder Value”). If the Company and the Shareholder cannot agree on the fair value of the Shares within twenty (20) days of the Company receiving the Shareholder’s written notice, then the Company shall select an independent appraiser to determine the fair value of the Shares (the “Appraised Value”), which determination shall be binding against the parties. Each of the Company and the Shareholder shall be responsible for that portion of the appraiser’s fee in an amount proportionate to (x) the absolute value of the difference between the Appraised Value and the Fair Value of the Shares as determined by the Company or the Shareholder Value, as the case may be, divided by (y) the total difference between the Fair Value of the Shares as determined by the Company and the Shareholder Value. The Company shall have the right to set-off, and be permitted to deduct from the purchase price payable hereunder for the purchase of any Shares, any amounts that the Transferring Shareholder may owe to the Company.

Examples of Fair value of the shares in a sentence

• Fair value of the shares awarded under the stock award programme, on the grant date and on each measurement date, is determined with reference to the price quoted on the New York Stock Exchange.

• Fair value of the shares awarded at the grant date is estimated using a discounted cash flow model, which included some assumptions that are not supportable by observable market prices or rates upon the grant date.

• Fair value of the shares awarded under the stock award program on the grant date is determined with reference to the price quoted on the London Stock Exchange.

• As a bank, incorporated in the Kingdom of Bahrain, United Gulf Bank B.S.C. (c) (“UGB” or “the Bank”) has complied with the Basel III Capital Adequacy Framework effective 1 January 2015.

• Fair value of the shares issued was based on the Company’s closing market price on the last business day prior to the effective day of the acquisition.

• Fair value of the shares allotted at the acquisition date was HK$1.20.

• Fair value of the shares granted at the grant date is estimated using a discounted cash flow model, which included some assumptions that are not supportable by observable market prices or rates upon the grant date.

• Fair value of the shares that are accounted for under ASC 718, "Compensation-Stock Compensation," was estimated at the date of the grant using the Black-Scholes option pricing model and the following assumptions were used for the 2012, 2013 and 2014 grants: Restricted Common Stock, Restricted Common Units and Performance Units.

• Fair value of the shares and warrants was assessed at 30 June 2011 having regard to the iSOFT share price at that date.

• Fair value of the shares granted is measured based on the market price of the shares as at the grant date, adjusted to take into account the terms and conditions upon which the shares were granted.