Implied Equity Value means, with respect to each share of capital stock of the Corporation, (a) if the Exit Event is a Sale of the Corporation, the net purchase price payable in respect of one share of Common Stock at the closing of such Sale of the Corporation, (b) if the Exit Event is a Sale of Assets, the net amount that is distributable in respect of one share of Common Stock at the closing of such Sale of Assets, or (c) if a Wengen Exit Event, the Fair Market Value of one share of Common Stock as of the close of business on the Business Day prior to the closing of such Wengen Exit Event.

Implied Equity Value means the creation of equity value based on the annual internal rate of return (“IRR”) of all equity returns per share, including dividends paid to stockholders during the period between the inception of the performance measurement period and the end of the performance measurement period. This value is not intended to track and may be different from changes in the stock price over the same period. IRR is calculated by reference to enterprise value. Enterprise value is determined by multiplying Adjusted EBITDA for the trailing 12 month period ending on the most recent preceding fiscal quarter by a multiple factor designated by the Administrator. The enterprise value so determined is adjusted by subtracting net debt and the book value of consolidated minority interests as reflected on the balance sheet of the Company and adding the fair market value of the equity holdings of any nonconsolidated entity held by the Company. The Administrator may, in its discretion, exclude the fair market value of the equity holdings of any nonpublic nonconsolidated entity from the calculation of Implied Equity Value if such exclusion results in a reduction in the IRR, but may not exercise such discretion if it results in an increase in the IRR. If the Administrator does not designate a multiple factor, the multiple factor will be 10.

Examples of Implied Equity Value in a sentence

Miller Buckfire’s analysis addresses the Reorganization Value for the Reorganized Debtors, as reflected by the Implied Equity Value, assuming the Plan is approved and becomes effective.
Miller Buckfire’s Implied Equity Value and Reorganization Value do not constitute a recommendation to any Holder of Allowed Claims or Interests.
The Implied Equity Value and Reorganization Value set forth herein do not constitute an opinion as to fairness from a financial point of view to any person of the consideration to be received by such person under the Plan or of the terms and provisions of the Plan.
During the continuance of an Event of Default, Lender shall have the right to convert all outstanding Obligations into shares of Preferred Stock by dividing the aggregate outstanding Obligation by the lesser of (i) the Interest Conversion Price or (ii) the Implied Equity Value Per Share multiplied by three (3), in each case rounded up to the next whole share.
High/Low 19.2x 13.8x 10.1x 45.7x 26.0x 15.5x ------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------ Implied Equity Value per Share Low $0.00 $0.52 $0.60 NM $0.02 $0.33 High 0.00 1.56 1.78 NM 1.30 1.95 Average Excl.

More Definitions of Implied Equity Value

Implied Equity Value means the amount paid to Project Co’s equity holders in consideration of a percentage of Project Co’s subscribed share capital divided by the percentage of Project Co’s subscribed share capital sold by Project Co’s equity holders in a particular equity sale transaction;

Implied Equity Value means the Net Distributable Value minus the aggregate amount of outstanding Indebtedness of the Company and its Affiliates at the Change of Control Consummation Date; provided however, that (i) in the case of a transaction that constitutes a Change of Control within the meaning of clause (iii) of the definition of such term, "Implied Equity Value" means the weighted average sale price of the last Shares purchased by the relevant Person or Group constituting 5% of the number of Shares outstanding on the Change of Control Consummation Date multiplied by the number of Shares outstanding on the Change of Control Consummate Date and (ii) in the case of a Change of Control that is a Qualified IPO, "Implied Equity Value" means the public offering price of the Shares sold in such Qualified IPO, multiplied by the number of Shares outstanding on the Change of Control Consummation Date.

Implied Equity Value means the weighted average sale price of the last Shares purchased by the relevant Person or Group constituting 5% of the number of Shares outstanding on the Change of Control Consummation Date multiplied by the number of Shares outstanding on the Change of Control Consummate Date and (ii) in the case of a Change of Control that is a Qualified IPO, "Implied Equity Value" means the public offering price of the Shares sold in such Qualified IPO, multiplied by the number of Shares outstanding on the Change of Control Consummation Date.

Implied Equity Value means the public offering price of the Shares sold in such Qualified IPO, multiplied by the number of Shares outstanding on the Change of Control Consummation Date.

Implied Equity Value means $259 million.

Implied Equity Value means with respect to any Units (excluding any Unvested Units unless otherwise provided by Section 3.9 or Section 7.8.3) on any date of determination, the amount of distributions that would be received by a Member with respect to such Units, as applicable, following (a) a hypothetical sale of all of the Company’s assets at the Implied Gross Value and (b) a distribution by the Company of all net proceeds from such hypothetical sale to the Members in accordance with Section 4.2 of this Agreement.

Implied Equity Value means the total equity value of the Company implied by the price to be received by the Electing Investors in a sale pursuant to Section 3.06 herein, taking into account the relative rights and preferences of such Company Securities to be sold by the Electing Investors.