Examples of First Valuation Date in a sentence
Requests received for the First Valuation Date are processed on a priority basis over any subsequent requests that are received for redemption on the subsequent valuation dates.
If as a result of the exercise of the right to effect a pro-rata reduction on this First Valuation Date, a redemption request is not executed in full, such request must be treated with respect of the unexecuted portion as though the shareholder submitted a further redemption request for the next valuation date, and if necessary, for the at most seven subsequent valuation dates as well.
It is intended by the Company that the Minimum Assessed Valuation shall be established on the Jasper County property tax rolls as of the First Valuation Date regardless of the then-current degree of completion or incompletion of the Project.
Subject to the provisions set forth in this paragraph, if, as of the First Valuation Date, pursuant to such method of computation, the EMB Shares are valued at less than $500,000, EMB shall issue to Seller additional restricted shares of EMB common stock (the "First Additional EMB Shares"), such that the aggregate value of one-half of the EMB Shares and the First Additional EMB Shares will, as of the First Valuation Date, be not less than $250,000.
Notwithstanding anything in the Plan to the contrary, no Award LTIP Units subject to this Award shall be earned on the First Valuation Date.