Terminal Value definition

Terminal Value means, in respect of any Collateral Vessel: (a) the present value (using a discount rate of 10% per annum) of the forward projected value for such Collateral Vessel as at the maturity of the relevant Eligible Charter (which shall, for these purposes, take account of any extension option which is included for the purposes of the definition of Eligible Charter for such Collateral Vessel) as provided by Maritime Strategies International Ltd; or (b) if the Borrower has elected that VesselsValue valuations shall be used for all Collateral Vessels on the applicable calculation date, the fixed age valuation for such Collateral Vessel as at the maturity of the relevant Eligible Charter (which shall, for these purposes, take account of any extension option which is included for the purposes of the definition of Eligible Charter for such Collateral Vessel) as provided by VesselsValue (with no discount rate applicable). Where the Eligible Charter of any Collateral Vessel has been extended and the Terminal Value on any Test Date would otherwise be calculated on the basis of valuations which pre-date such extension, the Borrower shall be permitted to obtain an updated valuation for such Collateral Vessel which shall be used for the purposes of calculating the Terminal Value of such Collateral Vessel.
Terminal Value has the meaning ascribed to such term in the Osage LLC Interest Purchase Agreement.
Terminal Value means $*****.

Examples of Terminal Value in a sentence

  • The model calculates the FVLCD as the present value of the projected free cash flows and the Terminal Value of each GCGU.

  • Unit II Long-term investment decision: Capital Budgeting - Nature and meaning of capital budgeting; Cash flows and Accounting profits; Evaluation techniques - Accounting Rate of Return, Pay Back, Net Present Value, Internal Rate of Return, Terminal Value, Profitably Index Method.

  • A Terminal Value Growth Rate of 2% –3% was used (for all goodwill impairment tests) reflecting terminal growth rate expectation of long-term growth in energy infrastructure investment; this figure also reflects the Company’s best estimate of the economic conditions that are expected to exist over the forecast period.

  • The Paid-Up Terminal Value is calculated as (Total Premiums Paid / Total Premiums payable over the Premium Payment Term) x Terminal Value, where: • Terminal Value = Base Sum Assured x (5% + 1.2% x (Maturity Age – 60))• Maturity Age is the Age of the Life Assured at Date of Maturity.

  • Terminal Value: Terminal Value is estimated to depend on a terminal growth rate of 0.5%, representing an increase in the sale of Microwave Vision systems and consumables.


More Definitions of Terminal Value

Terminal Value means the estimated value of a System at the specified Terminal Date which will at all times be assumed to be equal to five (5) times Terminal Year’s EBITDA.
Terminal Value means $*****. “Sun Fed/St. AMT” shall mean *****percent. “Debt” shall equal *****.
Terminal Value has the meaning set forth in Section 2.2(c).
Terminal Value means the remaining amount of Earnout Consideration that reasonably could have been earned during the Earnout Period based on the projections from past Company Product sales during the Earnout Period, or if there are no such sales, then based on the projections at Closing provided to the Equityholder Representative, or as otherwise mutually agreed by the Earnout Committee, Equityholder Representative and Parent.
Terminal Value means the amount determined by (x) multiplying the Grant Value by the fraction having as its numerator the average Adjusted EBITA for the Earnings Period and as its denominator the average Adjusted EBITA for the Base Period and (y) subtracting from the amount so determined the Grant Value.
Terminal Value has the meaning given in Exhibit 4-A, Section 3.2. “Termination Transition Date” means the date specified in each Supplement as the “Termination Transition Date.” “Third Party Contractor” has the meaning given in Section 4.5(a). “Third Party Contracts” means all agreements between third parties and an Eligible Recipient or between third parties and Supplier (or Subcontractors or Affiliates of Supplier) that have been or will be used in connection with the provision of the Services, including Equipment Leases and Software licenses. “Third Party Materials” means intellectual property or other Materials that are owned by third parties and provided under license to Supplier (or Supplier Affiliates or Subcontractors) or an Eligible Recipient and that have been or will be used or required to be used in connection with the provision of, or receipt of us of, the Services. Third Party Materials include Materials owned by Subcontractors and used in the performance of the Services. “Third-Party Reviewer” has the meaning given in Section 11.6(a). “Third Party Software” means all Software products (and all modifications, replacements, Upgrades, enhancements, documentation, materials and media related thereto) that are provided under a Third Party Contract (e.g., a license or lease) to Supplier (or Supplier Affiliates or Subcontractors) or an Eligible Recipient and that have been or will be used or required to be used in connection with the provision of, or receipt of us of, the Services. Third Party Software shall include all such programs or programming in use as of the Supplement Effective Date, including those (i) that are identified as such in such Supplement, (ii) for which the acquisition, license, maintenance or support costs are included in the applicable Base Case, or (iii) as to which Supplier received notice and/or access prior to the Supplement Effective Date. Third Party Software also shall include all such programs or programming licensed and/or leased after the Supplement Effective Date.
Terminal Value means $*****. “Sun Fed/St. AMT” shall mean *****percent. “Debt” shall equal *****. SCHEDULE 5.1(e) PAGE 1