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). -------
View Source
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.
View Source
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.
View Source

Examples of PP&E Value in a sentence

  • Borrowers will deliver within five (5) Business Days after delivering a PP&E Value Report to the Term Loan Agent pursuant to the Term Loan Credit Agreement a copy of such PP&E Value Report to Administrative Agent.

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

  • Within ten calendar days following agreement between Seller and Purchaser as to the Final Statement: (i) Purchaser shall pay to Seller the amount, if any, by which the Closing Working and PP&E Capital Value exceeds CDN$1,296,268,000 (the “December 31 Working Capital and PP&E Value”), or (ii) Seller shall pay to Purchaser the amount, if any, by which the December 31 Working Capital and PP&E Value exceeds the Closing Working Capital and PP&E Value.

  • The Appraiser shall calculate the value, on a liquidated basis, of the property, plant and equipment included in the Assets (the "PP&E Value").

  • Within five calendar days after delivery of such opinion to Seller and Purchaser, (i) Purchaser shall pay to Seller the amount, if any, by which the Closing Working Capital and PP&E Value exceeds the December 31 Working Capital and PP&E Value, or (ii) Seller shall pay to Purchaser the amount, if any, by which the December 31 Working Capital and PP&E Value exceeds the Closing Working Capital and PP&E Value.


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.
View Source

Related to PP&E Value

  • 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).

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Reference Value means the last reported sales price of the Ordinary Shares 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.

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • 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.