Peak Value definition
Peak Value equals the value at the Distribution Date of Peak Liquidating LLC, plus the value of all assets previously distributed to the members of either Peak Healthcare LLC or Peak Liquidating LLC. For these purposes, the value of any notes distributed to the members shall be valued at their face amount at the time of distribution, unless events subsequently occurred which would require the value of the notes to be discounted, and the value of any marketable securities that were or will be distributed shall equal their quoted bid prices on the date of distribution, or in the case of the Company's initial public offering the gross price of the Company's common stock paid by the underwriters.
Peak Value means the maximum value of the parameter actually achieved at some point of time.