New Valuation definition

New Valuation means any valuation of a Substitute Property, a Replaced Property, a Released Property or an Additional Property conducted by E&Y or another independent, third-party expert reasonably satisfactory to the Administrative Agent provided in connection with the applicable Term Loan Priority Collateral Substitution, Term Loan Priority Collateral Release or Term Loan Priority Collateral Addition for which the New Valuation Conditions have been met.
Sample 1Sample 2Sample 3
New Valuation has the meaning assigned to that term in Section 5.01(e)(i).
Sample 1

Examples of New Valuation in a sentence

  • After New Valuation Date, the fair market value shall be, as applicable, (i) 100% of the net asset value per share, as determined by the appraisals, (ii) the maximum offering price under the registration statement for a firm commitment, underwritten public offering of its shares of common stock or (iii) the fair market value for such shares as determined in accordance with section 2.15 of the Plan and the exercise price of Options granted under this Appendix A shall be such fair market value.

  • Therefore, any exercise per share in excess of $8.90 shall be at or above the fair market value of an underlying share of common stock until the New Valuation Date.

  • Until changed by the Board, before the New Valuation Date, the Options to be granted pursuant to this Appendix A shall be granted with an exercise price of $9.10 per share.

  • The New Valuation ascribes a total equity value of between approximately $39.8 million and $114.8 million (with a midpoint of $77.3 million), which is derived by subtracting from the Company's enterprise value the projected funded debt on the pro forma balance sheet for the Company.

  • The result of the Existing Valuation or the New Valuation, as applicable, shall be furnished to the Holder (or his/her estate, heirs, beneficiaries or spouse (whether former or not), as the case may be) reasonably promptly once available.

  • Based upon the New Valuation, MBL has ascribed a value of $3.6 million to the New Holdings Creditor Warrants.

  • Under the Modified Plan, the Fee Warrants will be issued, but as a result of the New Valuation, the strike price for the Fee Warrants (and the New Holdings Creditor Warrants) will be $9.12 per share, which is based upon a total equity value for Reorganized ICG of $77.3 million.

  • Based upon the New Valuation, the valuations of the various securities and other instruments to be issued under the Modified Plan are set forth below as each such security or instrument is discussed.

  • Holders of Claims in Classes S-4 and H-4 (General Unsecured Claims against the Services Debtors and Holdings Debtors, respectively): As discussed above, the Original Valuation set forth in the Original Disclosure Statement has been replaced by the New Valuation set forth above.

  • Accordingly, based upon the New Projections and prevailing market conditions, MBL 's New Valuation ascribes a valuation range for the Company on a going concern basis at between $250 and $325 million, with a mid-point of $287.5 million.

Related to New Valuation

  • Approved Valuation Firm means, with respect to any Collateral Obligation, any valuation firm either (a) specified on the related Asset Approval Request and approved on the related Approval Notice or Reinvestment Request or (b) otherwise approved in writing by the Administrative Agent in its reasonable discretion.

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Fair Valuation means the determination of the value of the consolidated assets of a Person on the basis of the amount which may be realized by a willing seller within a reasonable time through collection or sale of such assets at market value on a going concern basis to an interested buyer who is willing to purchase under ordinary selling conditions in an arm’s length transaction.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • Merger Valuation Period for any Merger Event means the five consecutive Trading Day period immediately preceding, but excluding, the effective date for such Merger Event.

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Date of valuation means the date determined by a municipality in terms of Section 31(1);

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • Actuarial valuation means a mathematical determination of

  • Coupon Valuation Date means the 30th of March, June, September and December of each calendar year during the term of the Securities, commencing September 30, 2010, or if such date is not an Index Business Day, then the first Index Business Day following such date, provided that the final Coupon Valuation Date will be the Calculation Date, subject to adjustment as provided under Section 3 hereof.