Valuation of Property. (i) Should the purchase price specified in the Transfer Notice be payable in property other than cash or evidences of indebtedness, the Holders shall have the right to pay the purchase price in the form of cash equal in amount to the fair market value of such property.
Valuation of Property. Should the purchase price specified in the Selling Shareholder Transfer Notice or Additional Selling Shareholder Transfer Notice be payable in property other than cash or evidences of indebtedness, the Company (or the Holders) shall have the right to pay the purchase price in the form of cash equal in amount to the value of such property. If the Selling Shareholder and the Company (or the Holders) cannot agree on such cash value within ten (10) Business Days after the Company’s receipt of the Selling Shareholder Transfer Notice (or the Holders’ receipt of the Additional Selling Shareholder Transfer Notice), the valuation shall be made by an appraiser of recognized standing selected by the Selling Shareholder and the Company (or the Holders) or, if they cannot agree on an appraiser within twenty (20) days after the Company’s receipt of the Selling Shareholder Transfer Notice (or the Holders’ receipt of the Additional Selling Shareholder Transfer Notice), each shall select an appraiser of recognized standing and the two appraisers shall designate a third appraiser of recognized standing, whose appraisal shall be determinative of such value. The cost of such appraisal shall be shared equally by the Selling Shareholder and the Company (or the Holders), with the half of the cost borne by the Company and the Holders borne pro rata by each based on the number of shares such parties were interested in purchasing pursuant to this Section 5. If the time for the closing of the Company’s purchase or Holders’ purchase has expired but for the determination of the value of the purchase price offered by the prospective transferee(s), then such closing shall be held on the later of (a) the fifth (5th) Business Day following delivery of the Exercise Notice or (b) the fifteenth (15th) day after such valuation shall have been made pursuant to this subsection.
Valuation of Property. You shall provide accurate replacement values for all covered property or agree with us on an agreed value for all such property. These values as applied to multi-unit properties, shall be based upon a per unit replacement cost. In case of loss, the basis of adjustment shall be as of the time and place of loss or damage as follows:
Valuation of Property. In the event that the price set forth in the Offer Notice is stated in consideration other than cash or cash equivalents, the Transferring Restricted Stockholder, the Company and a Preferred Majority shall mutually determine the fair market value of such consideration, reasonably and in good faith, and the Company and/or the Investors, as the case may be, may effect their purchase under this Section 3.3 by payment of such fair market value in cash or cash equivalents.
Valuation of Property. Should the purchase price specified in the Transfer Notice be payable in property other than cash or evidences of indebtedness, Purchaser shall have the right to pay the purchase price in the form of cash equal in amount to the value of such property. If such property does not have a readily ascertainable value, and if the Offered Shares are common stock or other Equity Securities sold on the public market, then the value of such property shall be deemed to be the value of such Offered Shares, which shall be equal to the average daily trading price over the ten (10) day period immediately preceding the date of the Transfer Notice. For any other Offered Shares, Founder and Purchaser shall use their best efforts to agree upon a value of such property within ten (10) days of Purchaser's receipt of the Transfer Notice. If the Founder and Purchaser cannot agree on such cash value within ten (10) days after Purchaser's receipt of the Transfer Notice, Founder and Purchaser shall mutually select an appraiser who is active in the appraisal of the type of property at issue within twenty (20) days after Purchaser's receipt of the Transfer Notice. Founder shall submit Founder's determination of value ("Founder's Value") and Purchaser shall submit Purchaser's determination of value ("Purchaser's Value") to such appraiser, at such time or times and in such manner as Founder and Purchaser shall agree (or as soon as possible as determined and directed by the appraiser if Founder and Purchaser do not promptly agree). The appraiser shall promptly (but in no event beyond ten (10) days) select either Founder's Value or Purchaser's Value as the fair value of the subject property, and such determination shall be binding on Founder and Purchaser. If Founder's determination is selected as the fair value of the property, then Purchaser shall bear all of the appraiser's costs and fees. If Purchaser's determination is selected as the fair value of the property, the Founder shall bear all of the broker's costs and fees. If the time for the closing of Purchaser's purchase has expired but for the determination of the value of the purchase price offered by the prospective transferee(s), then such closing shall be held on or prior to the fifth (5th) business day after such valuation shall have been made pursuant to this subsection.
Valuation of Property. In the event that the price set forth in the Offer Notice is stated in consideration other than cash or cash equivalents, an independent third party, chosen by the Company, in its sole discretion, shall determine the fair market value of such consideration, and the Founding Stockholders and/or the Company, as the case may be, may effect their purchase under this Section 2.3 by payment of such fair market value in cash or cash equivalents.
Valuation of Property. Should the purchase price specified in the Transfer Notice be payable in property other than cash or evidences of indebtedness, SangStat shall have the right to pay the purchase price in the form of cash equal in amount to the value of such property. If Xxxxxx and SangStat cannot agree on such cash value within ten (10) days after SangStat's receipt of the Transfer Notice, the valuation shall be made by an appraiser of recognized standing selected by Xxxxxx and SangStat or, if they cannot agree on an appraiser within twenty (20) days after SangStat's receipt of the Transfer Notice, each shall select an appraiser of recognized standing and the two appraisers shall designate a third appraiser of recognized standing, whose appraisal shall be determinative of such value. The cost of such appraisal shall be shared equally by Xxxxxx and SangStat. If the time for the closing of SangStat's purchase but for the determination of the value of the purchase price offered by the prospective transferee(s), then such closing shall held on or prior to the fifth business day after such valuation shall have been made pursuant to this subsection.
Valuation of Property. If the Purchase Price specified in the Transfer Notice is wholly or partially payable through delivery of a promissory note, then the Company or its designee may effect payment in the same fashion. If the Purchase Price specified in the Transfer Notice is payable in property other than cash or indebtedness, the Company or its designee shall have the right to pay the Purchase Price in the form of cash equal in amount to the value of such property. If the Purchaser and the Company (or its designee) cannot agree on such cash value within fifteen (15) Business Days after the Company’s receipt of the Transfer Notice, the valuation shall be made by an appraiser of recognized standing selected by the Purchaser and the Company or, if they cannot agree on such an appraiser within ten (10) calendar days thereafter, each shall select an appraiser of recognized standing, and the two appraisers shall promptly designate a third appraiser of recognized standing, whose appraisal shall be determinative of such value. The cost of such appraisal shall be shared equally by the Purchaser and the Company (or its designee). If the time for the closing of the Company’s (or its designee’s) purchase has expired but for the determination of the value of the Purchase Price offered by the prospective transferee(s), then such closing shall be held on or prior to the fifth Business Day after such valuation shall have been made pursuant to this subsection.
Valuation of Property. (a) Should the purchase price specified in the ROFR Notice be payable in property other than cash or evidences of indebtedness, the Company shall have the right to pay the purchase price in the form of cash equal in amount to the fair market value of such property.
Valuation of Property. You must, in relation to a property:
