Related to Inherent values

Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.
Procurement Value means the estimated total financial commitment resulting from procurement, taking into account optional extensions.
Present Value means the amount as of a date certain of one or more sums payable in the future, discounted to the date certain. The discount is determined by the interest rate specified by the parties if the rate was not manifestly unreasonable at the time the transaction was entered into; otherwise, the discount is determined by a commercially reasonable rate that takes into account the facts and circumstances of each case at the time the transaction was entered into.
Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.
Replacement Value means the price, including accrued interest, at which Equivalent Securities to the Borrowed Securities could be purchased in the principal market for such securities at the time of election by State Street under Section 13.1 hereof.

Inherent values definition