Fair Market Value Price. The sum of the aggregate fair market value of all of the assets of the Trust as determined by the Securities Administrator in consultation with the Underwriter (or, if the Underwriter is unwilling or unable to serve in that capacity, a financial advisor selected by the Securities Administrator in a commercially reasonable manner, whose fees will be an expense of the Depositor (or other party causing the Terminating Purchase)), based upon the mean of bids from at least three recognized broker/dealers that deal in similar assets as of the close of business on the third Business Day preceding the date upon which notice of any such termination is furnished to Certificateholders pursuant to Section 8.01; provided, however, that in determining such aggregate fair market value, the Securities Administrator shall be entitled to conclusively rely on such bids or the opinion of a nationally recognized investment banker (the fees of which shall be an expense of the Trust). The fair market value of the assets in the Trust or the appraised value of any REO Property shall be based upon the inclusion of (i) accrued interest to the Due Date in the month in which the Termination Price is distributed to the Certificateholders, at the applicable Mortgage Rate (less the related Servicing Fee Rate) on the Stated Principal Balance of each Mortgage Loan (including any Mortgage Loan which became an REO Property as to which an REO Property Disposition has not occurred), (ii) the amount of outstanding Servicing Advances to the Due Date in the month in which the Termination Price is distributed to the Certificateholders, and (iii) the amount of any costs and damages incurred by the Trust as a result of any violation of any applicable federal, state, or local predatory or abusive lending law arising from or in connection with the origination of any Mortgage Loan remaining in the Trust.
Fair Market Value Price means the average Quoted Price for the five business days prior to the closing of the applicable sale.
Fair Market Value Price means, as of any date, the value of Common Shares determined as follows:
Examples of Fair Market Value Price in a sentence
It noted that the Board had singled out a company’s chief executive officer to perform a public reading only once before, where the Board had emphasized the personal participation of the company president in the unfair labor practices.
Notwithstanding the foregoing, Options may be granted with a per Share exercise price of less than one hundred percent (100%) of the Fair Market Value Price per Common Share on the date of grant pursuant to a transaction described in, and in a manner consistent with, Section 424(a) of the Code.
Notwithstanding the foregoing, in the case of a Nonqualified Share Option or Incentive Share Option, the Exercise Price will be no less than one hundred percent (100%) of the Fair Market Value Price per Common Share on the date of grant, subject to the limitations applicable to Incentive Share Options set forth in paragraph 8.1(b) of the Plan.
Fair Market Value Price means in respect of a Client’s Grain, the fair market value (on a per tonne basis) of Grain that is: (a) of the same type, grade and Service Year as the Client’s Grain; and (b) calculated at the time Viterra or the Client pays the Excess Outturn Entitlement Amount or the Shortfall Outturn Entitlement Amount (as the case requires).
Fair Market Value Price at which a buyer and seller, under no compulsion to buy or sell, will trade.
More Definitions of Fair Market Value Price
Fair Market Value Price means in respect of a Client’s Bulk Wheat, the fair market value (on a per tonne basis) of Bulk Wheat that is:
Fair Market Value Price means, at any time, the price determined by multiplying the Net Worth by the appropriate Member’s Percentage Interest.
Fair Market Value Price means in respect of a Client’s Grain, the fair market value (on a per tonne basis) of Grain that is:
Fair Market Value Price means the fair market value of such equipment as determined by Loeb Equipment Corp or other similar firm agreed to by both parties. Supplier and Buyer will each bear 50% of any appraisal fees incurred under this Agreement in the determination of Fair Market Value. Buyer will be responsible for, and will pay all costs and expenses associated with, the removal of the Purchased Equipment and any repairs to or cleaning of the applicable Supply Facility that may be required following the removal of the Purchased Equipment.
Fair Market Value Price for each Incentive Share means (A) the amount obtained by subtracting (y) from (x) where (x) equals the product of the Company's EBITDA during the 12 full calendar months ending at the end of the fiscal quarter immediately preceding the Termination Date as reflected in the Company's financial statements and the greater of (I) the number 4.9 and (II) upon the occurrence of a Change in Control (as defined in the Indenture, dated as of the Closing Date, for the Company's $90.0 million 11.13% Subordinated Pay-In-Kind Notes Due 2010), the acquiring entity's EBITDA Multiple and (y) equals all Indebtedness of the Company and its Subsidiaries outstanding at the end of the fiscal quarter immediately preceding the Termination Date plus the aggregate liquidation preference (plus accrued and unpaid dividends) of all shares of preferred stock of the Company outstanding on such date less all cash, cash equivalents and similar type investments (including marketable securities) of the Company and its Subsidiaries on such date ("Cash") (to the extent such Cash is available to the Company for general corporate purposes without incurring substantial repatriation costs) (the amount clause (x) exceeds clause (y) being referred to herein as the "Enterprise Value"), divided by (B) the number of shares of Common Stock outstanding on the Termination Date (adjusted to reflect the pro forma exercise of all dilutive securities, regardless of whether such securities are then exercisable or would otherwise satisfy requirements under generally accepted accounting principles as they relate to the determination of "dilutive securities"); provided, that if any class of Common Stock is listed on a national securities exchange or reported on the National Association of Securities Dealers, Inc. Automated Quotation System, the "Fair Market Value Price" shall equal for each Incentive Share the closing price per share of Common Stock on such exchange or as so reported on the Management Investor's Termination Date; and
Fair Market Value Price means, as of the Date of Grant, such value as the Board of Directors in good faith shall determine for purposes of granting Options or Stock Rights under the Plan.
Fair Market Value Price means a price equal to fair market value as determined by the Board of Directors in good faith as of a date not more than 30 days prior to the closing date of the applicable transaction.