Revenue Value definition

Revenue Value means, with respect to each Concession Metered Parking Space, the value of such Concession Metered Parking Space computed and determined pursuant to Schedule 6, as such value may be determined or adjusted pursuant to Section 7.4, Section 7.8, Section 7.9, and Section 7.14.
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Revenue Value means the sum of (a) the product of (i) three and one half (3.5) times (ii) Revenue for such period, less (b) funded Indebtedness (excluding trade accounts payable more than 120 days due) and the liquidation or redemption value of any outstanding preferred stock, plus (c) the exercise price of any Common Stock Equivalents, that have a Fair Market Value greater than the exercise price of such Common Stock Equivalents, plus (d) cash of the Company, cash equivalents and the Fair Market Value of marketable securities held by or for the Company; and dividing that value by the sum of (x) the number of shares of Common Stock then outstanding plus (y) the number of shares of Common Stock Equivalents having an exercise price per share less than the Fair Market Value of such Common Stock Equivalents, without premium for control or discount for minority interests, illiquidity, or restrictions on transfer, provided, however, the Revenue Value will be equal to the value determined using either (aa) the twelve (12) month period comprising the immediately preceding fiscal year, or (bb) the immediately preceding twelve (12) calendar months, prior to the date notice is given of the exercise of the Drag-Along Call Option, whichever is greater.
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Revenue Value as used Section 2.7, the calculation of either the One Quarter SIS Revenue, the Two Quarter SIS Revenue, the Three Quarter SIS Revenue or the Four Quarter SIS Revenue, as applicable.
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Examples of Revenue Value in a sentence

  • Property Tax Allocation Revenue Value does not include any additional increase in the assessed value that occurs after the initial year, except as provided in Section IV.A.3 below.

  • Property Tax Allocation Revenue Value includes an amount equal to the Sponsoring City Ratio of 23.26 percent multiplied by 75 percent of any increase in the assessed value of new construction consisting of an entire building in the LIPA occurring in the years following the initial year, unless the building becomes exempt from property taxation.

  • The City has, in consultation with the County and the Washington State Department of Transportation, developed a plan that identifies the public improvements within the LIPA to be financed using Property Tax Allocation Revenue Value, and the Plan is attached as Exhibit C to this Agreement.

  • The City shall use the Property Tax Allocation Revenue Value it receives from King County for eligible Public Improvements in the LIPA.

  • Property Tax Allocation Revenue Value includes increases in the assessed value resulting from factors described in Section IV.A.1.a and .b in the initial year and in subsequent years, unless the property becomes exempt from property taxation.

  • The King County Department of Assessments will calculate the Property Tax Allocation Revenue Base Value and annually calculate the Property Tax Allocation Revenue Value in the LIPA consistent with Section IV.A. If requested by the City, the County shall provide available documentation demonstrating how the Local Property Tax Allocation Revenue was calculated during the last calculation process.

  • Such Expected Utilization Rate shall remain in effect until the earlier of (x) a new Expected Utilization Rate becomes effective for such space or (y) the March 1 as of which a Revenue Value Adjustment is determined for such space.

  • If the Total Actual Revenue Value exceeds the Total Base Revenue Value by one percent or more of the Total Base Revenue Value, then the Deductible shall be increased by an amount equal to one percent of the Total Base Revenue Value and the Base Price shall be increased by the amount of the excess of such variance over such one percent figure.

  • The City shall assign a Revenue Value to each such additional Concession Metered Parking Space taking into account the then current Metered Parking Fee, Period of Operation, Period of Stay, Rate to Fine Multiple Factor and Expected Utilization Rate, pursuant to the methodology set forth in Schedule 6.

  • On the first Day of the Reporting Year that occurs no less than 12 months and not more than 24 months after the date the change is deemed to be effective for Revenue Value purposes pursuant to Section 7.4, the City shall adjust Aggregate Revenue Value by the Expected Utilization Adjustment for such Concession Metered Parking Space, if any, pursuant to the methodology set forth in Schedule 6.