IPO Value definition

IPO Value has the meaning set out in clause 15.6.2;
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IPO Value means the sum, calculated as of the effective date of the Initial Public Offering, of (1) the Radius Proceeds, plus (2) the product of (A) the IPO Price Per Share, multiplied by (B) the number of Shares, and shares of Common Stock issued on the conversion thereof, owned by Radius on an as converted to Common Stock basis as of immediately prior to the effective date of the Initial Public Offering.
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IPO Value has the meaning set forth in the Radius Letter Agreement.
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Examples of IPO Value in a sentence

  • If the Transferring Shareholder wishes to pursue an IPO at a value that equals or exceeds the Report Value or the IPO Value, as the case may be, then it shall notify the Other Shareholder and the Company in writing of the same within the Consideration Period, indicating the number of Shares it wishes to sell in the IPO (if different from the number included in the IPO Notice) (the “IPO Acceptance Notice”).

  • Specifically, let SMI stand for Stock Market Indicator, which can either equal Capitalization, IPO, Value Traded, or Turnover.

  • Notwithstanding the foregoing, no Shortfall Amount will be due by the Seller in the event the product of (x) the Actual Internalization Consideration, multiplied by (y) the highest quoted closing price on a public exchange on which the REIT’s shares are traded during the period commencing as of the Internalization and ending ninety (90) days thereafter exceeds the Minimum IPO Value.

  • The Company shall issue the Executive an aggregate number of Units equal to 0.275 multiplied by 3.75% of the Net Effective IPO Value, divided by the Offering Price.

  • In the event of a Change of Control Transaction or Initial Public Offering, Xxxxxx may contribute to an exit bonus pool hereunder in an amount based on the Radius Proceeds or IPO Value from such Change of Control Transaction or Initial Public Offering, in each case pursuant to the terms and conditions of the Radius Letter Agreement (the “Exit Bonus Pool”).

  • Pursuit of Claims Against Local Distributing Agency (LDA)When a loss of food occurs after delivery to the local CSFP agency, a claim determination must be made.

  • The Company shall issue the Executive an aggregate number of Units equal to 0.20 multiplied by 3.75% of the Net Effective IPO Value, divided by the Offering Price.

  • In the event of an IPO, “Fair Market Value” of the Company means the IPO Value.

  • The Committee shall have all the powers vested in it by the terms of the Plan, such powers to include the authority, in its sole and absolute discretion, to grant Awards under the Plan, determine the Fair MarketValue of the Company (including, without limitation, the Change of Control Value and the IPO Value) and the Annual Liquidity Pool, prescribe Grant Agreements evidencing such Awards and to establish programs for granting Awards.

  • All determinations by the Board, including, without limitation, the IPO Value, Change in Ownership Maximum Consideration and Strategic Asset Sale Maximum Consideration, shall be final and binding upon all persons having an interest in the Option.


More Definitions of IPO Value

IPO Value means the aggregate proceeds achieved in connection with an IPO, net of underwriting discounts and commissions.
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IPO Value means the IPO Price multiplied by the sum of (a) the number of shares of ITXC Common Stock outstanding (i.e., excluding shares subject to unexercised stock options and warrants) on the date that the SEC declares the Registration Statement effective under the Securities Act and (b) the number of shares of ITXC's Common Stock offered by ITXC to the public in its IPO (excluding shares subject to the underwriters' over-allotment option).
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IPO Value means the shall mean the total fair market value of the Company’s stock, on a fully diluted basis, immediately prior to the closing of the IPO, as determined by the Board in good faith based on the closing price of the Company’s Stock in the IPO.
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IPO Value means the value of the Company determined on the basis of the average closing selling price of the Company’s class of common shares that was the subject of the IPO on the first 10 days of trading following the IPO; provided, that if in addition to the class of shares registered in the IPO, there shall be one or more classes of shares of the Company (including one or more classes or series of common and/or preferred shares) outstanding immediately following the IPO, the Committee shall ratably increase the value of the Company, for purposes of determining the IPO Value, to take into account such other outstanding class or classes of shares.
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IPO Value means, in respect of an IPO, the offering price to the public of the Common Stock in such IPO.
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IPO Value shall be applicable only if the Liquidity Event is an IPO, and shall mean the result of multiplying (a) the aggregate number of Shares purchasable upon exercise of this Warrant, times (b) the closing price per share of Common Stock on the closing date of the IPO. The closing price for such day shall be the last reported sale price regular way on the New York Stock Exchange, or, if the Common stock is not listed or admitted to trading on such exchange, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or, if the Common Stock is not listed or admitted to trading on any national securities exchange, the average of the highest reported bid and lowest reported asked prices on the Nasdaq Stock Market as furnished by the National Association of Securities Dealers, Inc.
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Related to IPO Value

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • IPO Price means the initial public offering price of a REIT Share in the IPO.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Adjusted Value as used in subdivision (d) means:

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Net Equity Value means, at any time, the total assets of the applicable business less the total liabilities of such business less the amounts attributable to the minority interest in such business, in each case as determined on a consolidated basis, in accordance with GAAP, subject to the last sentence of the definition of Capitalization Value.

  • Per Share Fair Market Value has the meaning set forth in Section 13(C).

  • Sponsor Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

  • Capitalization Value means, at any time, the sum (without duplication) of:

  • Equity Value means the price an item can be reasonably expected to sell for on the local open market minus any encumbrances.

  • REIT Shares Amount means a number of REIT Shares equal to the product of the number of Partnership Units offered for exchange by a Tendering Party, multiplied by the Conversion Factor as adjusted to and including the Specified Redemption Date; provided that in the event the General Partner issues to all holders of REIT Shares rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Shares, or any other securities or property (collectively, the “rights”), and the rights have not expired at the Specified Redemption Date, then the REIT Shares Amount shall also include the rights issuable to a holder of the REIT Shares Amount of REIT Shares on the record date fixed for purposes of determining the holder of REIT Shares entitled to rights.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • 704(c) Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution, as determined by the General Partner using such reasonable method of valuation as it may adopt. Subject to Exhibit B hereof, the General Partner shall, in its sole and absolute discretion, use such method as it deems reasonable and appropriate to allocate the aggregate of the 704(c) Values of Contributed Properties in a single or integrated transaction among the separate properties on a basis proportional to their respective fair market values.

  • NAV per Share means the value of a Share determined under Section 4.1.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Cash price means the price measured in dollars at which a seller of a motor vehicle would in good faith sell to the buyer or to any other buyer under like circumstances, and the buyer would in good faith buy from the seller, the motor vehicle that is the subject matter of an installment sale contract if the sale were a sale for cash instead of an installment sale.

  • Applicable Stock Price means, in respect of a Conversion Date, the average of the Closing Sale Prices per share of Common Stock over the five-Trading Day period starting the third Trading Day following such Conversion Date.

  • Total Equity Value means, as of any date of determination, the aggregate proceeds which would be received by the Unitholders if: (i) the assets of the Company were sold at their fair market value to an independent third-party on arm’s-length terms, with neither the seller nor the buyer being under compulsion to buy or sell such assets; (ii) the Company satisfied and paid in full all of its obligations and liabilities (including all Taxes, costs and expenses incurred in connection with such transaction and any amounts reserved by the Manager with respect to any contingent or other liabilities); and (iii) such net sale proceeds were then distributed in accordance with Section 4.1, all as determined by the Manager in good faith based upon the Class A Common Stock Value as of such date.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Base Value With respect to any Mortgage Loan for which Additional Collateral has been pledged, the value of the Additional Collateral as determined with respect to that Mortgage Loan in accordance with the applicable underwriting guidelines.