Fair Market Value definitie

Fair Market Value of “FMV” betekent de reële marktprijs van de Apparatuur op een bepaald moment, zoals door de Leasegever vastgesteld als zijnde het bedrag dat de Apparatuur, gekwalificeerd voor onderhoud door de fabrikant, zou opbrengen in een open verkoop tussen een welwillende koper en een welwillende verkoper zonder dat een der partijen door de ander onder druk wordt gezet om de verkoop aan te gaan; “Gefinancierd Bedrag” betekent het bedrag dat door de Leasegever in het Transactie Document is aangegeven als het “Gefinancierd Bedrag” en dat eventueel veranderd is in de CVA;

Fair Market Value means, on any date, (i) in the case of a cash Dividend, the amount of such cash Dividend; (ii) in the case of any other cash amount, the amount of such cash; (iii) in the case of Securities (including Ordinary Shares), Spin-Off Securities, options, warrants or other rights or assets which are publicly traded on a Relevant Stock Exchange of adequate liquidity (as determined by the Calculation Agent), the arithmetic mean of (a) in the case of Ordinary Shares or Spin-Off Securities (in each case to the extent constituting equity share capital) or any other securities constituting equity share capital, the daily Volume Weighted Average Prices of such Ordinary Shares, Spin-Off Securities or securities and (b) in the case of Securities (other than Ordinary Shares or Spin-Off Securities (in each case to the extent constituting equity share capital)), options, warrants or other rights or assets, the daily Closing Price of such Securities, options, warrants or other rights or assets, in the case of both (a) and (b) during the period of five dealing days on such Relevant Stock Exchange commencing on such date (or, if later, the first such dealing day such Securities, Spin-Off Securities, options, warrants or other rights or assets are publicly traded) or such shorter period as such Securities, Spin-Off Securities, options, warrants or other rights or assets are publicly traded, all as determined by the Calculation Agent; (iv) in the case of Securities, Spin-Off Securities, options, warrants or other rights or assets which are not publicly traded on a Relevant Stock Exchange of adequate liquidity (as aforesaid), an amount equal to the fair market value of such Securities, Spin-Off Securities, options, warrants or other rights or assets as determined by an Independent Adviser, on the basis of a commonly accepted market valuation method and taking account of such factors as it (acting reasonably) considers appropriate, including the market price per Ordinary Share, the dividend yield of an Ordinary Share, the volatility of such market price, prevailing interest rates and the terms of such Securities, Spin-Off Securities, options, warrants or other rights or assets, and including as to the expiry date and exercise price (if any) thereof. Such amounts, in the case of (i) and (ii) above, shall be translated into the Relevant Currency (if declared or paid or payable in a currency other than the Relevant Currency, and if the relevant Dividend is payable at the option of the...

Fair Market Value means, on any date (the “FMV Date”):