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.

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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 of one or more Positions means an amount equal to the sum of all Current Market Values of all such Positions.

Examples of Gross Market Value in a sentence

• In the event any of the Partnership assets are adjusted pursuant to Section 1.13, subsequent Partnership allocations of income, gain, loss and deduction with respect to such asset shall take account of any variation between the adjusted basis of such asset for federal income tax purposes and its Gross Market Value in the same manner as required under Code Section 704(c) and the Treasury Regulations thereunder.

• In the event the Gross Market Value of any Partnership asset is adjusted pursuant to Section 1.27, subsequent allocations of Partnership income, gain, loss and deduction with respect to such asset, as calculated for tax purposes, shall take account of any variation between the adjusted basis of such asset for federal income tax purposes and its Gross Market Value in accordance with the principles of Code Section 704(c), as required pursuant to Regulation Section 1.704-l(b)(4)(i).

• Investor, Public ------------------------------------ Company and the 3ECW Partners each hereby agree that the aggregate value (the "3ECW CONTRIBUTION VALUE") to be paid by Investor for the Property shall equal (i) an amount equal to $142.047 million (Gross Market Value of Three ECW), minus the Three ECW Existing Debt Balance subject to adjustment pursuant to Section 10.3 below, multiplied by (ii) 37.9167% ( the 3ECW Partners' aggregate ---------- -- percentage interest in 3ECW) (the"3ECW VALUE"),.

More Definitions of Gross Market Value

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

Gross Market Value has the following meaning: (A) If the Company causes refined Minerals to be produced from the Mining Area meeting the applicable specifications for the relevant market described below, “Gross Market Value” shall mean, for the applicable Mineral, the Quarterly Average of

Gross Market Value means, with respect to any Partnership asset, the adjusted basis of such asset for federal income tax purposes, except as follows: (a) The initial Gross Market Value of any asset contributed by a Partner to the Partnership shall be the gross fair market value of such asset as determined by the contributing Partner and the Partnership. (b) The Gross Market Value of all Partnership assets shall be adjusted to equal their respective gross fair market values, as determined by the General Partner, as of the following times: (i) the acquisition of an additional interest in the Partnership by any new or existing Partner in exchange for more than a de minimis capital contribution; (ii) the distribution by the Partnership to a Partner of more than a de minimis amount of Partnership assets as consideration for the disposition of an interest in the Partnership; and (iii) the liquidation of the Partnership within the meaning of Regulations Section 1.704-l(b)(2)(ii)(g). Adjustments pursuant to subsections (a) and (b) above shall be made only if the General Partner reasonably determines that such adjustments are necessary or appropriate to reflect the relative economic interests of the Partners in the Partnership. (c) If the Gross Market Value of an asset has been determined or adjusted as provided in this Section, the Gross Market Value of the respective asset shall thereafter be adjusted by the Depreciation taken into account with respect to the asset for purposes of computing Profit and Loss. (d) The Gross Market Value of any Partnership asset distributed to any Partner shall be the gross fair market value of the distributed asset, as determined by the General Partner, on the date of distribution. (e) The Gross Market Value of Partnership assets shall be increased (or decreased) to reflect any adjustments to the adjusted basis of the Partnership assets pursuant to Code Section

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

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 ▇▇▇▇▇ but prior to sale and (ii) 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