Gross Market Value definition

Gross Market Value of one or more Positions means an amount equal to the sum of all Current Market Values of all such Positions, where, for the avoidance of doubt, the Current Market Value of each Position is expressed as a positive number whether or not such Position is held long.

Gross Market Value means the value of the assets of the Company or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets.

Gross Market Value has the following meaning:

Examples of Gross Market Value in a sentence

• First, the Gross Market Value (GMV) measures what it would cost to replace all trades at current market prices.

• The Contractor shall pay annually Royalties to the State, starting on the first year of production, on the Gross Market Value of the extracted mineral, made available or marketed, according to the type of mineral, as stipulated by the respective Mining Contracts.

• Royalties shall be determined adopting as a reference the Gross Market Value of the quantity and price of the mining product made available or marketed, based on the quoted value of the product in international stock markets or exchanges.

• Using other methods of calculating the effect of collateral based on the amount of collateral in circulation and data obtained from the ISDA Margin Survey, the ISDA analysis estimates that netting and collateral reduce Gross Market Value by 92.5% (which is $1.9 trillion).

• As part of the licensing approval process, an insurance company including a branch of a foreign company, is required to maintain a calculated capital adequacy ratio.

More Definitions of Gross Market Value

Gross Market Value means, for the applicable Mineral, the Quarterly Average of

Gross Market Value means, with respect to any Partnership asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

Gross Market Value has the following meaning: [See definition in Gross Value royalty alternative]

Gross Market Value means actual sale proceeds less (i) Neutron’s actual processing costs after extraction from shafts or xxxxx but prior to sale and (ii) Allowable Costs properly attributable thereto.

Gross Market Value means actual sale proceeds less Allowable Costs properly attributable thereto.

Gross Market Value means the higher of the contract price paid for the taxable product or the highest price offered for the same type of product in the field within a thirty day

Gross Market Value has the following meaning: [See definition in Gross Value royalty alternative] Alternative #4: Unit-based Royalty [NOTE: Pis type of Royalty may be appropriate for certain industrial minerals or minerals sold in bulk, but is generally not appropriate for most other minerals. Consideration should be given to indexing this type of royalty for inflation given the extended term of the Agreement.] MINERAL ROYALTY RATE [⚫] per ton [Note: Example optional provision to adjust unit-based Royalty for inflation: The Royalty rate for each Mineral shall be adjusted annually every years after the Date of Commencement of Commercial Production at the commencement of such year. The Royalty rate shall be adjusted up or down based upon the variation in the [choose appropriate index, for example: Producers Price Index, Industrial Commodities, of the United States Department of Labor, Bureau of Statistics.] (the “Adjustment Index”). For the purposes of such adjustment, the “Base Index” shall be calculated by ascertaining the arithmetic average of the Adjustment Index for each quarter during the calendar year preceding the Date of Commencement of Commercial Production. The first adjustment for the variation in said index shall be made effective [specify date], using the arithmetic average of the Adjustment Index for each quarter during the calendar year preceding such date of adjustment, and the variation in such index from the Base Index shall thereafter be calculated annually in the same manner (the “Variation Index”). To determine the Royalty rate for any calendar year beginning [specify date], the Variation Index for such year shall be divided by the Base Index and the resulting quotient multiplied by the Royalty Rate for each Mineral.] Additional Variation: Sliding Scale Royalty Rate based on Profitability of Operations [NOTE: If the Parties desire to increase the State’s share of royalty during times of high commodity prices when the Company is recognizing higher profits from the Project, the Royalty Rate can be increased and decreased automatically (without changing the royalty calculation) based on increases price of the Mineral, or based on the company’s profitability. Pe following example of a sliding scale Royalty Rate (which would be inserted as Section 4.1(b) of the Agreement) is based on the approach recently used in Ghana. It uses a floor royalty rate and a capped royalty rate, with a sliding royalty rate between the floor and the cap depending on the ratio of th...