Pledged Value definition

Pledged Value means, on any Ex-Dividend Date, the product of the Total Number of Units and the VWAP per Unit on such Ex-Dividend Date.
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Pledged Value per Proportionate Voting Share means the closing price of the Subordinate Voting Shares on the principal trading market for such shares on the trading day immediately preceding the Valuation Date, multiplied by 80; and “Pledged Value” per Subordinate Voting Share means the closing price of the Subordinate Voting Shares on the principal trading market for such shares on the trading day immediately preceding the Valuation Date. Pledged Value of any other assets shall be valued at fair market value of such assets. The pledge agreement shall name the Company to act as pledgeholder and shall contain such other terms as shall be reasonable and customary in stock pledge agreements.
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Examples of Pledged Value in a sentence

  • For each Pledged Asset Mortgage Loan, the Company has obtained a Letter of Credit from the Pledge Holder for the Pledged Value Amount.

  • Pledged Value of any other assets shall be valued at fair market value of such assets.

  • If the difference between such First Period Value and the Pledged Value exceeds Five Hundred Fifty-Six Thousand Dollars ($556,000), then the number of Shares pledged under this Agreement (the "Pledged Number") shall be increased or decreased as the case may be, subject to the terms of this Agreement, so that the aggregate value of such Shares equals the Pledged Value.

  • The parties acknowledge and agree that it is the intent of the parties to maintain the value of the Shares pledged to Pledgee in an amount not less than the Pledged Value.

  • As of the close of business on February 7, 1997, which is three (3) business days prior to the date hereof, the price per share of the Shares as quoted on the NASDAQ Small-Cap Issues Quotation System was 11 and 1/8, and the aggregate value of the Shares, calculated at such price was $5,562,500 (the "Pledged Value").

  • For each one hundred twenty (120) day period following the First Period until all amounts due under the Note have been fully paid (each a "Subsequent Period"), the 120-Day Average, multiplied by the Pledged Number applicable to the respective Subsequent Period (the "120-day Value"), shall be compared to the Pledged Value.

  • One hundred twenty (120) days after the date hereof (the "First Period"), the average closing price per Share over such period (the "120-day Average") multiplied by 500,000 (the "First Period Value") shall be compared to the Pledged Value.

  • If the difference between such 120-Day Value and the Pledged Value exceeds Five Hundred Fifty-Six Thousand Dollars ($556,000), then the Pledged Number shall be increased or decreased, as the case may be, so that the aggregate value of such Shares equals the Pledged Value.

  • Agent shall have the right to establish, modify or eliminate Reserves against the Eligible Pledged Value from time to time in accordance with Section 1.21.

Related to Pledged Value

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Pledged Equity has the meaning specified in the Security Agreement.

  • Pledged Amount With respect to any Pledged Asset Loan, the amount of money remitted to Combined Collateral LLC, at the direction of or for the benefit of the related Mortgagor.