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: For 2014 Equity Incentive Plan, the fair value of the shares is based on the quote market price of the Company's shares at the grant date.

• 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 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: For 2014 Equity Incentive Plan, the fair value of the shares is based on the quote market price of the Company’s shares at the grant date.

• Fair value of the shares was $0.75 per share for a total of $75,000.The Company granted 800,000 warrants to RD Heritage pursuant to a marketing agreement on January 5, 2018.

• 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.

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

• 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.

• The Fair value of the shares at grant date was nil (2017: $0.006).During the 2016 financial year, the Group made an entitlement offer to extinguish a liability and settle a transaction in shares.

• Fair value of the shares is calculated with reference to the quoted price of the shares of the Company at the date of acquisition, which was $1.61 per share.