PP&E Value definition

PP&E Value means, on any date, the fair market value of Plants included in the Mortgaged Properties, determined in accordance with Section 5.12(c). -------
PP&E Value means the aggregate of the net book value of all PP&E of Client and Affiliates, as defined and measured by GAAP. If Client or any Affiliate is a publicly-traded company or otherwise files or publishes publicly-available information related to PP&E, Client’s PP&E Value will be deemed to be as stated in Client’s or such Affiliate’s, as applicable, published financials or other statements (e.g., the annual financial report or quarterly/interim financial reports required by the applicable securities commission with regulatory oversight; FERC form filings; etc.) and this source information will be used to determine whether the contractually stated Maximum PP&E Value has been exceeded. If Client or any Affiliate is not a publicly-traded company or does not otherwise file or publish publicly-available information related to PP&E, Client shall provide information that demonstrates the PP&E Value to PowerPlan for its review.
PP&E Value has the meaning assigned to such term in the Term Loan Credit Agreement as in effect on the ClosingThird Amendment Effective Date.

Examples of PP&E Value in a sentence

  • FMLP Value and PP&E Value shall be as defined and measured by IFRS, not GAAP.


More Definitions of PP&E Value

PP&E Value has the meaning assigned to such term in the Term Loan Credit Agreement as in effect on the Third Amendment Effective Date.

Related to PP&E Value

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.