Net Value Amount definition

Net Value Amount means, in relation to an Eligible Specified Financial Asset, the product of the Value of such Eligible Specified Financial Asset and the relevant Specified Percentage applicable to such Eligible Specified Financial Asset.
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Net Value Amount means the net value of the Assets and Assumed Liabilities being assigned and assumed as of the relevant Closing, as determined in accordance with relevant GAAP and otherwise in accordance with the principles and methods used by Seller in preparing the Asset and Liability Statement, except as otherwise noted in any notes to the relevant Estimated Net Value Statement or as Buyer and Seller may otherwise agree in writing;provided, however, that for purposes of determining Net Value Amount for the relevant Closing, the value assigned to Transferred Employee Indebtedness identified as “EFL’s, unamortized amount” in statements of the Net Value Amount for the relevant Closing shall be 50% of the aggregate unamortized (using a monthly amortization in accordance with relevant GAAP) principal balances payable to Seller in respect of such Transferred Employee Indebtedness of Employees who become Transferred Employees, such discount reflecting Buyer’s assignment of lesser value, for the purposes of determining Acquisition Consideration, to the compensation and retention elements of such items of Transferred Employee Indebtedness assigned by Seller to Buyer pursuant to this Agreement; provided, further, that the aggregate amount of all Qualifying Account Debits in, or associated with, Customer accounts being transferred to Buyer in connection with the relevant Closing shall be included in the calculation of the Net Value Amount for the relevant Closing as an asset of, or credit to, Seller; provided, further, that all Breakage Fees associated with Customer Indebtedness being transferred to Buyeror its affiliates in connection with the relevant Closing (as well as all principal balances and all accrued but unpaid interest with respect to such Customer Indebtedness) shall be included in the calculation of the Net Value Amount for the relevant Closing as an asset of, or credit to, Seller (regardless of whether such Breakage Fees would normally be included in accordance with GAAP or otherwise in accordance with the principles and methods used by Seller in preparing the Asset and Liability Statement); provided,further,that to the extent that any Assets or Assumed Liabilities being assigned or assumed on the relevant Closing Date, are settled by means of the Conversion related to the relevant Closing upon such separate terms as Buyer and Seller shall have agreed, such Assets and Assumed Liabilities shall be excluded from the calculation of the Net Value Amount for the relevan...
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Examples of Net Value Amount in a sentence

  • If the relevant Final Net Value Amount exceeds the relevant Estimated Net Value Amount paid by Buyer to Seller, Buyer shall, promptly following the final and binding determination of the relevant Final Net Value Amount in accordance with this Section 3.2(a), pay Seller an amount equal to the excess of the relevant Final Net Value Amount over the relevant Estimated Net Value Amount paid by Buyer to Seller.

  • The calculation of the relevant Seller Net Value Amount as set forth in such Post-Closing Net Value Statement shall be determinative as to the relevant Final Net Value Amount for all purposes of this Agreement, subject to the rights of Buyer as set forth below in this Section 3.2(a)(ii).

  • During the 10 business day period immediately following the date of delivery of a Net Value Dispute Notice to Seller (each, a "Net Value Dispute Notice Date"), Seller and Buyer shall attempt in good faith to resolve any such dispute and finally determine the correct Net Value Amount as of the relevant Closing Date.

  • Absent manifest error, such report shall be final and binding upon the Seller and Buyer as to the relevant Net Value Amount as of the relevant Closing Date, which such relevant Net Value Amount set forth in the Net Value Accountant's report shall be the "Final Net Value Amount" for purposes of this Agreement with respect to the relevant Closing Date, and may be enforced in any court having jurisdiction.

  • Seller shall deliver a draft of such Allocation within 60 days following the date that the last Final Net Value Amount has been determined in accordance with Section 3.2(a).

  • The accounting firms selected by any of the means provided above shall each be referred to herein as the "Net Value Accountant." The relevant Net Value Accountant shall act as arbitrator and resolve the disputed portions of the calculation of the relevant Net Value Amount set forth in the relevant Post-Closing Net Value Statement.

  • The calculation of the relevant Estimated Net Value Amount as set forth in such Estimated Net Value Statement shall be determinative for purposes of the payment of the relevant Estimated Net Value Amount on the relevant Closing Date.

  • The Net Value Accountant shall deliver to Buyer and Seller, as promptly as practicable after its appointment (but in no event more than 30 business days following its appointment), a written report setting forth the resolution of each disputed matter and its determination of the relevant Net Value Amount as of the relevant Closing Date as determined in accordance with the terms of this Agreement.

Related to Net Value Amount

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Net Amount means the Distribution Amount less the sum of all quarterly payments received by the COP Swap Counterparties under the COP Swap Collateral Agreement in respect of amounts owed under the COP Swap Agreements since January 1, 2014.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Average Par Amount is calculated by summing the Issuer Par Amounts for all issuers, and dividing by the number of issuers.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

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

  • Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

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

  • Valuation Amount means, in respect of each Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • 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).

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Offset Amount means the amount or amounts which the Joint Venturers may be entitled to offset against future royalty payments pursuant to subclause (3) of this Clause;

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;