Offer Value definition

Offer Value subject to paragraph 10.5 means:-

Offer Value. Subject to Clause 8(E) means:-

Offer Value means, in respect of each Portfolio Credit Default Swap, the expected net present value to the Swap Counterparty of such Portfolio Credit Default Swap, as calculated by the Swap Counterparty, acting in its sole discretion, using the Current Mid Curve in respect of each Reference Entity except any Replaced Reference Entity and using the Current Offer Curve in respect of each Replaced Reference Entity. If at the time of calculation of an Offer Value there is an Undetermined Reference Entity in the Portfolio, the Swap Counterparty shall assume for the purpose of such calculation that the Final Price in respect of such Undetermined Reference Entity is zero.

Examples of Offer Value in a sentence

• If the Bid Value is greater than the Offer Value, and the Non-Defaulting Party had delivered to the Defaulting Party a Letter of Credit, the Defaulting Party shall draw on the Letter of Credit to the extent of the balance due and shall subsequently redeliver for cancellation the Letter of Credit so provided.

• If the Offer Value is greater than the Bid Value, and the Defaulting Party had delivered to the Non-Defaulting Party a Letter of Credit, the Non-Defaulting Party shall draw on the Letter of Credit to the extent of the balance due and shall subsequently redeliver for cancellation the Letter of Credit so provided.

• The total Purchase Price payable under the Tender Offer (the "Offer Value") will be equal to the number of purchased Shares (in the form of Shares or GDRs) in the Tender Offer multiplied by the applicable Purchase Price in RON.

• The ADV Board also believes that (based on the undisturbed 30 trading day volume weighted average price of a M&C Saatchi Share of 159 pence on 31 December 2021, the Business Day prior to ADV's acquisition of 12,000,000 M&C Saatchi Shares at 200p per share) were M&C Saatchi to look to raise additional capital via the public markets, it would be likely that such investment would be at a notable discount to the Offer Value of 207.5 pence.

• The Bidder shall furnish as part of its Bid a Bid Security to UNDP in the amount of 5 % of the Offer Value.

More Definitions of Offer Value

Offer Value means £4.3 billion, being the aggregate fully diluted value of the amount in cash and the indicative value of the New Ball Shares, based on a value of 610 xxxxx per Rexam Ordinary Share;

Offer Value means the actual, regular value of the Product.

Offer Value means USD 1,300,000,000 (one billion three hundred million US dollars);

Offer Value means the amount it would cost to buy the Securities at the Default Valuation Time at the Default Price therefor together with all costs, fees, expenses that would be incurred in connection therewith, calculated on the assumption that the aggregate thereof is the least that could reasonably be expected to be paid in order to carry out the transaction;

Offer Value means the total consideration payable by Aon pursuant to the Acquisition calculated by reference to the price per Xxxxxxxx Share offered pursuant to the Acquisition;

Offer Value means:- ■ in relation to Collateral equivalent to Collateral in the form of a Letter of Credit zero and in relation to Cash Collateral the amount of the currency concerned; and ■ in relation to Equivalent Securities or Collateral equivalent to all other types of Collateral the amount it would cost to buy such Equivalent Securities or Equivalent Collateral at the Offer Price at Close of Business on the relevant Business Day together with all costs, fees and expenses that would be incurred in connection therewith, calculated on the assumption that the aggregate thereof is the least that could reasonably be expected to be paid in order to carry out the transaction and adding thereto the amount of any interest, dividends, distributions or other amounts, in the case of Equivalent Securities, paid to Borrower and in respect of which equivalent amounts have not been paid to Lender and in the case of Equivalent Collateral, paid to Lender and in respect of which equivalent amounts have not been paid to Borrower, prior to such time in respect of such Equivalent Securities, Equivalent Collateral or the original Securities or Collateral held, gross of all and any tax deducted or paid in respect thereof.

Offer Value means, in aggregate, USD 1,050,000,000 (one billion, fifty million U.S. dollars) and, in relation to the Shares of each Company, the amount specified in Schedule 9 Part 1 in respect of such Company;