Value Price definition

Value Price has the meaning set forth in Section 4.3.
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Value Price is determined by comparing Tenant's prices at the Retail Space with the prices charged at the other retail sales locations of Tenant, if any, in the city of Chicago. Tenant's prices on any specific product item may not exceed the highest price charged for the same item (or if the same item is not offered, an equivalent item) at Tenant’s other retail sales locations in the city of Chicago. If the same or an equivalent item is not offered at those other retail locations or if Tenant has no retail locations in the city of Chicago, the Tenant will propose for Commissioner’s approval four comparable vendors within the city of Chicago or within the Chicago Metropolitan Area as “Benchmark Stores”, and, upon approval by the Commissioner, Tenant's prices for the item may not exceed the average of the three highest prices charged for the same or equivalent item at the Benchmark Stores. If the same or equivalent item is not offered at a Tenant location or a Benchmark Store within the city of Chicago or within the Chicago Metropolitan Area, Tenant must charge a reasonable price for the item, which price will be subject to the review and approval of the Commissioner.
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Value Price means $17 per share, unless the average of the daily closing market price of Holdings common stock as quoted on the NASDAQ national market for each day on which such quotes are available from January 19, 1999 through the business day immediately prior to the Closing Date (the "Guide Price"), is more than $21 per share or less than $13 per share. In the event the Guide Price is greater than $21 per share, the Value Price will be an amount equal to the sum of (x) $17 per share plus (y) the excess of the Guide Price over $21 per share. For example, if the Guide Price is $24 per share, the Value Price for determining the number of shares to be issued to Seller would be $20 per share [$17+($24-$21)=$20]. In the event that the Guide Price is less than $13 per share, the Value Price will be an amount equal to the difference of (a) $17 per share minus (b) the excess of $13 per share over the Guide Price. For example, if the Guide Price is $12 per share, the Value Price for determining the number of share to be issued to Seller would be $16 per share [$17-($13-$12)=$16]; and
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Examples of Value Price in a sentence

  • Otherwise the Customer will not be entitled to the Super Value Price.

  • If the designated Mobile Monthly Plan or HomePhone+ is terminated/disconnected for whatsoever reason on the bill date of the Service, the Super Value Price of that month will not apply and the Customer will be charged the Standard Price.

  • The Company will check the account status of the designated Mobile Monthly Plan or HomePhone+ on every bill date of the Service to determine whether Super Value Price or the Standard Price will be charged for the Service to the Customer.

  • If the designated Mobile Monthly Plan or HomePhone+ is terminated/disconnected for whatsoever reason on the ▇▇▇▇ date of the Service, the Super Value Price of that month will not apply and the Customer will be charged the Standard Price.

  • The Company will check the account status of the designated Mobile Monthly Plan or HomePhone+ on every ▇▇▇▇ date of the Service to determine whether Super Value Price or the Standard Price will be charged for the Service to the Customer.

  • If you purchased the Service from a valid IBM reseller in a remarketing transaction in which IBM maintains primary responsibility for fulfilling the Service and SLA commitments, then the Availability Credit will be based on the then-current Relationship Suggested Value Price (RSVP) for the Service in effect for the Contracted Month which is the subject of a Claim, discounted at a rate of 50%.

  • Adjustments to the Fair Value Price may be made, in the sole discretion of the Committee, to account for a full year effect of acquisitions and divestitures, and for other extraordinary gains or losses.

  • If VP Distributors instructs PNC to use the current day’s Fair Value Price for a particular security, PNC will use such current day’s Fair Value Price.

  • If percentage change exceeds the threshold, PNC will reconfirm the Fair Value Price with the Pricing Vendor and promptly inform VP Distributors.

  • If the designated Mobile Monthly Plan is terminated/disconnected for whatsoever reason on the bill date of the Service, the Super Value Price of that month will not apply and the Customer will be charged the Great Value Price.


More Definitions of Value Price

Value Price means the average closing price per share for each Holdings Share on the NASDAQ National Market, as published in the Wall Street Journal, for the twenty (20) trading days immediately prior to the Effective Time.
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Related to Value Price

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • Fair Market Value Per Share means as of any date the fair market value of each of the Shares on such date (the "applicable date") as determined by the Option Committee in good faith. The Option Committee is authorized to make its determination as to the fair market value on the following basis: (i) if the Shares are not traded on a securities exchange and are not quoted on the National Association of Securities Dealers, Inc.'s Automated Quotation System ("NASDAQ"), but are quoted on the Over The Counter Electronic Bulletin Board operated by NASDAQ, "Fair Market Value per Share" shall be the mean between the average daily bid and average daily asked prices of the Shares on the applicable date, as published on such bulletin board; (ii) if the Shares are not traded on a securities exchange and are quoted on NASDAQ, "Fair Market Value per Share" shall be the closing transaction price of the Shares on the applicable date, as reported on NASDAQ; (iii) if the Shares are traded on a securities exchange, "Fair Market Value per Share" shall be the daily closing price of the Shares, on such securities exchange as of the applicable date; or (iv) if the Shares are traded other than as described in (i), (ii) or (iii) above, or if the Shares are not publicly traded, "Fair Market Value per Share" shall be the value determined by the Option Committee in good faith based upon the fair market value as determined by completely independent and well qualified experts. In the case of Shares described in (i), (ii) or (iii) above, if no prices are reported for the Shares on the applicable date, the "Fair Market Value per Share" shall be the price reported for such Shares on the next preceding date on which there were reported prices.

  • Book Value Per Share is the Bank’s equity capital (excluding FAS 115 and FAS 158 adjustment and Extraordinary Items) at the end of the Plan Year divided by the Plan’s number of Phantom shares of one million three hundred sixty thousand (1,360,000).

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Re-Price means that the Company has lowered or reduced the Exercise Price of outstanding Options and/or outstanding SARs for any Participant(s) in a manner described by SEC Regulation S-K Item 402(d)(2)(viii) (or as described in any successor provision(s) or definition(s)).