Final Fair Market Value definition
Examples of Final Fair Market Value in a sentence
If the Final Fair Market Value exceeds $5,000,000, then the Buyer shall pay to the Seller Parties an amount equal to such excess, in immediately available funds by wire transfer to a bank account designated in writing by the Seller Parties.
The determination of the Investment Banks as to the Final Fair Market Value shall be final and binding upon the parties.
If the Final Fair Market Value is less than $5,000,000, then the Seller Parties shall pay to the Buyer an amount equal to such shortfall, in immediately available funds by wire transfer to a bank account designated in writing by the Buyer.
The final Fair Market Value as agreed or determined under this Section 8.11(a) shall be referred to as the “Final Fair Market Value.” The Final Fair Market Value, as of the date of entry into the definitive agreements with respect to such Tag-Along Sale, as agreed or determined under this Section 8.11(a) shall be binding on all Members absent fraud or manifest error.
Each DIRECTV Member may, in its sole discretion, elect during the ninety (90) day period ending on July 19, 2011 (the “DTV Put Exercise Period”), to have the Network purchase all (but not less than all) of such DIRECTV Member’s Units for an aggregate price equal to the Final Fair Market Value of such Units.
Upon completion of the Appraisals, the Investment Banks shall deliver their determination of the Final Fair Market Value to the Network, the Selling Put Right Members, Comcast and Radio One (such date of delivery, the “Put Right Value Determination Date”).
The Manager shall determine the purchase price for any Company Retained Parcel; provided, however, that such purchase price shall not be less than the Final Fair Market Value applicable to such Company Retained Parcel.
The determination of the Final Fair Market Value shall be deemed final and binding upon the parties.
The fees and expenses of the Arbitrator shall be paid by either (i) Optionee if the Final Fair Market Value determinations, in the aggregate, are more than 10% greater than the Fair Market Value determinations, in the aggregate, initially specified by Optionee or (ii) Grantor in all other cases.
The purchase price of any Lot purchased by a Member pursuant to Section 5.1(b) shall be an amount equal to the Final Fair Market Value of such Lot as determined pursuant to this Section 5.2.