Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and
Valuation Amount shall have the meaning provided in Section 15.1(b).
Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; “Vessel” means each of Vessel A and Vessel B and in the plural means both of them; and
Examples of Valuation Amount in a sentence
The Borrower shall pay all costs in connection with any determination of the Valuation Amount (which the Lender may obtain at any time, and at least once a year).
The Approved Broker’s valuation for the Vessel on each such occasion shall constitute the Valuation Amount of the Vessel for the purposes of this Agreement until superseded by the next such valuation.
The Borrower undertakes with the Lender to supply to the Lender and to the Approved Broker such information concerning the Vessel and its condition as such shipbrokers may require for the purpose of determining any Valuation Amount.
More Definitions of Valuation Amount
Valuation Amount means, with respect to any real property, the greater of the fair market value or the purchase price of such real property.
Valuation Amount means the amount determined as the value of the Occupation Right Agreement for the Unit upon termination as per clause 17.3 and is the amount used to calculate the Capital Repayment Entitlement payable to the Resident following termination.
Valuation Amount has the meaning set forth in Section 12.6.2.
Valuation Amount means, in respect of the Vessel, the value thereof as most recently determined under clause 8.2.2; and Words and expressions defined in Schedule 10 (Vessel Details) shall have the meanings given to them therein as if the same were set out in full in this clause 1.2.
Valuation Amount has the meaning set forth in Schedule 3.3(a).
Valuation Amount based on the present value, discounted at eight percent (8%) (on a before tax basis) from the most recent Reserves Database prior to the Protected Well being taken out of production (the “Producing Well Valuation Amount”). This will be based on the current forecast along with current future pricing at current operating costs with a three percent (3%) escalation and will have a valuation date equal to the first calendar day of the first month after the month in which such Protected Well is taken off production. If Coal Party is successful at receiving regulatory approval, a portion of a lateral is plugged from either inside the mine or from the surface, and the production is reduced from prior volumes, then the “Valuation Amount” will be equal to the Valuation Amount as described above, less the Post Plugging Valuation Amount. The “Post-Plugging Valuation Amount” will include the same assumptions as above, except for the production forecast being adjusted to post-plugging volumes. Coal Party is responsible for all costs associated with the plugging and mine through.