{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-general-partners", "type": "clause", "offset": [0, 20]}, {"key": "from-time-to-time", "type": "clause", "offset": [27, 44]}, {"key": "the-partnership-interests", "type": "clause", "offset": [67, 92]}, {"key": "general-partnership-interests", "type": "clause", "offset": [98, 127]}, {"key": "limited-partnership-interests", "type": "definition", "offset": [132, 161]}, {"key": "selling-partner", "type": "definition", "offset": [333, 348]}, {"key": "former-partner", "type": "definition", "offset": [352, 366]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [368, 396]}, {"key": "objecting-party", "type": "definition", "offset": [408, 423]}, {"key": "provide-a", "type": "definition", "offset": [435, 444]}, {"key": "written-objection", "type": "clause", "offset": [445, 462]}, {"key": "to-the-partnership", "type": "clause", "offset": [463, 481]}, {"key": "concerning-the", "type": "clause", "offset": [482, 496]}, {"key": "valuation-notice", "type": "definition", "offset": [528, 544]}, {"key": "days-after", "type": "definition", "offset": [561, 571]}, {"key": "date-of", "type": "clause", "offset": [576, 583]}, {"key": "the-purchase-price", "type": "clause", "offset": [607, 625]}, {"key": "equal-to", "type": "definition", "offset": [635, 643]}], "samples": [{"hash": "iw1Qup5Wiqn", "uri": "/contracts/iw1Qup5Wiqn#initial-value", "label": "Limited Partnership Agreement (Rankin Alfred M Et Al)", "score": 33.4271047228, "published": true}, {"hash": "boonlfYJg54", "uri": "/contracts/boonlfYJg54#initial-value", "label": "Limited Partnership Agreement (Rankin Alfred M Et Al)", "score": 33.4271047228, "published": true}, {"hash": "8XNJTNobsRK", "uri": "/contracts/8XNJTNobsRK#initial-value", "label": "Limited Partnership Agreement (Rankin Alfred M Et Al)", "score": 33.4271047228, "published": true}], "size": 74, "snippet": "The General Partners shall from time to time determine a value for the Partnership Interests (and General Partnership Interests and Limited Partnership Interests may be valued differently as the General Partners determine) (the \u201cInitial Value\u201d) based upon such considerations as they determine to be relevant to such valuation. If a Selling Partner or Former Partner (for purposes of this Section 1.76, the \u201cObjecting Party\u201d) does not provide a written objection to the Partnership concerning the Initial Value set forth in the Valuation Notice within ten (10) days after the date of such Valuation Notice, the Purchase Price shall be equal to the Initial Value.", "hash": "c8515177f4a2a1b0ef6692e0efcf7c2b", "id": 1}, {"snippet_links": [{"key": "performance-unit", "type": "definition", "offset": [5, 21]}, {"key": "the-committee", "type": "clause", "offset": [73, 86]}, {"key": "grant-date", "type": "clause", "offset": [104, 114]}, {"key": "provided-that", "type": "clause", "offset": [116, 129]}, {"key": "fair-market-value-of-a-share", "type": "definition", "offset": [162, 190]}, {"key": "performance-share", "type": "clause", "offset": [215, 232]}, {"key": "equal-to", "type": "definition", "offset": [261, 269]}], "samples": [{"hash": "6qL62QiSbMn", "uri": "/contracts/6qL62QiSbMn#initial-value", "label": "2017 Omnibus Stock Plan (Varex Imaging Corp)", "score": 26.0718685832, "published": true}, {"hash": "8k0jhwY5dG8", "uri": "/contracts/8k0jhwY5dG8#initial-value", "label": "2017 Omnibus Stock Plan (Varex Imaging Corp)", "score": 25.9349760438, "published": true}, {"hash": "lVHJFlVMOCW", "uri": "/contracts/lVHJFlVMOCW#initial-value", "label": "2005 Omnibus Stock Plan (Varian Medical Systems Inc)", "score": 21.3490759754, "published": true}], "size": 14, "snippet": "Each Performance Unit shall have an initial value that is established by the Committee on or before the Grant Date, provided that such value shall not exceed the Fair Market Value of a Share on the Grant Date. Each Performance Share shall have an initial value equal to the Fair Market Value of a Share on the Grant Date.", "hash": "e7c9ca1fbc44d7b3a9a882e2cc631240", "id": 2}, {"snippet_links": [{"key": "initial-gross-asset-value", "type": "definition", "offset": [4, 29]}, {"key": "a-member", "type": "clause", "offset": [58, 66]}, {"key": "the-company-shall", "type": "clause", "offset": [70, 87]}, {"key": "gross-fair-market-value", "type": "definition", "offset": [95, 118]}, {"key": "time-of-contribution", "type": "definition", "offset": [140, 160]}, {"key": "agreed-by", "type": "clause", "offset": [174, 183]}, {"key": "contributing-member", "type": "definition", "offset": [188, 207]}, {"key": "the-manager", "type": "definition", "offset": [212, 223]}], "samples": [{"hash": "dqc7ZHUlZVm", "uri": "/contracts/dqc7ZHUlZVm#initial-value", "label": "Operating Agreement (Salem Communications Corp /De/)", "score": 18.0, "published": true}, {"hash": "8zUDextuON2", "uri": "/contracts/8zUDextuON2#initial-value", "label": "Operating Agreement (Salem Communications Corp /De/)", "score": 18.0, "published": true}, {"hash": "7gLGbJ3Gjpp", "uri": "/contracts/7gLGbJ3Gjpp#initial-value", "label": "Operating Agreement (Salem Communications Corp /De/)", "score": 18.0, "published": true}], "size": 4, "snippet": "The initial Gross Asset Value of any asset contributed by a Member to the Company shall be the gross fair market value of such asset at the time of contribution, as mutually agreed by the contributing Member and the Manager.", "hash": "191a996c7789061f663b98dd7d3cb95b", "id": 3}, {"snippet_links": [{"key": "managing-partner", "type": "clause", "offset": [4, 20]}, {"key": "from-time-to-time", "type": "clause", "offset": [27, 44]}, {"key": "the-partnership-interests", "type": "clause", "offset": [67, 92]}, {"key": "sole-discretion", "type": "clause", "offset": [178, 193]}, {"key": "selling-partner", "type": "definition", "offset": [245, 260]}, {"key": "outside-partner", "type": "definition", "offset": [264, 279]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [281, 309]}, {"key": "objecting-party", "type": "definition", "offset": [321, 336]}, {"key": "written-objections", "type": "clause", "offset": [356, 374]}, {"key": "concerning-the", "type": "clause", "offset": [390, 404]}, {"key": "valuation-notice", "type": "definition", "offset": [436, 452]}, {"key": "days-after", "type": "definition", "offset": [463, 473]}, {"key": "date-of", "type": "clause", "offset": [478, 485]}, {"key": "the-purchase-price", "type": "clause", "offset": [509, 527]}, {"key": "equal-to", "type": "definition", "offset": [537, 545]}], "samples": [{"hash": "huYfPnuoyGy", "uri": "/contracts/huYfPnuoyGy#initial-value", "label": "Limited Partnership Agreement (CTR Family Associates Lp)", "score": 18.0, "published": true}, {"hash": "8zJ8r5It4Qd", "uri": "/contracts/8zJ8r5It4Qd#initial-value", "label": "Limited Partnership Agreement (Rankin Associates Ii Lp)", "score": 18.0, "published": true}, {"hash": "2Q0CPIHeq1N", "uri": "/contracts/2Q0CPIHeq1N#initial-value", "label": "Limited Partnership Agreement (Rankin Alfred M Et Al)", "score": 18.0, "published": true}], "size": 3, "snippet": "The Managing Partner shall from time to time determine a value for the Partnership Interests (the \"Initial Value\") based upon such considerations as the Managing Partner, in its sole discretion, determines to be relevant to such valuation. If a Selling Partner or Outside Partner (for purposes of this Section 1.52, the \"Objecting Party\") does not provide written objections to Partnership concerning the Initial Value set forth in the Valuation Notice within 10 days after the date of such Valuation Notice, the Purchase Price shall be equal to the Initial Value.", "hash": "a973068c38e1a80a6f459623ff16b767", "id": 4}, {"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [21, 36]}, {"key": "corresponding-sar", "type": "definition", "offset": [39, 56]}, {"key": "option-price-per-share", "type": "clause", "offset": [62, 84]}, {"key": "related-option", "type": "definition", "offset": [92, 106]}, {"key": "the-price", "type": "clause", "offset": [170, 179]}, {"key": "common-stock", "type": "clause", "offset": [193, 205]}, {"key": "by-board", "type": "clause", "offset": [220, 228]}, {"key": "date-of-grant", "type": "clause", "offset": [236, 249]}, {"key": "grant-of", "type": "definition", "offset": [330, 338]}, {"key": "the-fair-market-value", "type": "clause", "offset": [368, 389]}], "samples": [{"hash": "f3UFk3BxtYF", "uri": "/contracts/f3UFk3BxtYF#initial-value", "label": "Incentive Plan (Village Bank & Trust Financial Corp.)", "score": 20.8822724162, "published": true}, {"hash": "jklNTqsTk2S", "uri": "/contracts/jklNTqsTk2S#initial-value", "label": "Incentive Plan (Village Bank & Trust Financial Corp.)", "score": 17.0, "published": true}], "size": 3, "snippet": "Initial Value means, with respect to a Corresponding SAR, the Option price per share of the related Option, and with respect to a SAR granted independently of an Option, the price per share of Common Stock as determined by Board on the date of grant, provided, however, that the price per share of Common Stock encompassed by the grant of a SAR shall not be less than the Fair Market Value on the date of grant.", "hash": "2d6794002e88e468bad6e97e952d0ac0", "id": 5}, {"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [47, 62]}, {"key": "performance-unit-award", "type": "definition", "offset": [68, 90]}, {"key": "the-spin", "type": "clause", "offset": [109, 117]}, {"key": "equal-to", "type": "definition", "offset": [157, 165]}, {"key": "the-product", "type": "clause", "offset": [166, 177]}, {"key": "in-effect", "type": "definition", "offset": [254, 263]}, {"key": "the-performance", "type": "clause", "offset": [270, 285]}, {"key": "prior-to-the", "type": "clause", "offset": [309, 321]}, {"key": "fmv-per-share", "type": "definition", "offset": [449, 462]}, {"key": "the-pre", "type": "clause", "offset": [511, 518]}], "samples": [{"hash": "hLcGkCbyNZC", "uri": "/contracts/hLcGkCbyNZC#initial-value", "label": "Employee Matters Agreement (Forest Oil Corp)", "score": 22.4127310062, "published": true}, {"hash": "3rZS0135exs", "uri": "/contracts/3rZS0135exs#initial-value", "label": "Employee Matters Agreement (Lone Pine Resources Inc.)", "score": 22.2648870637, "published": true}], "size": 2, "snippet": "The per share \u201cInitial Value\u201d that shall apply with respect to such Performance Unit Award immediately after the Spin-Off (the \u201cNew Initial Value\u201d) shall be equal to the product (rounded up to the nearest whole cent) of (i) the per share \u201cInitial Value\u201d in effect under the Performance Unit Award immediately prior to the Spin-Off (the \u201cPre-Spin Initial Value\u201d) multiplied by (ii) a fraction, the numerator of which shall be equal to the Post- Spin FMV per Share, and the denominator of which shall be equal to the Pre-Spin FMV per Share.", "hash": "3ed5e7a45f4de58c931c9bf2d676b562", "id": 6}, {"snippet_links": [{"key": "the-board-of-directors", "type": "clause", "offset": [0, 22]}, {"key": "from-time-to-time", "type": "clause", "offset": [29, 46]}, {"key": "per-share-value", "type": "definition", "offset": [59, 74]}, {"key": "the-shares", "type": "clause", "offset": [79, 89]}, {"key": "sole-discretion", "type": "clause", "offset": [177, 192]}, {"key": "selling-shareholder", "type": "definition", "offset": [244, 263]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [288, 316]}, {"key": "objecting-party", "type": "definition", "offset": [328, 343]}, {"key": "written-objections", "type": "clause", "offset": [363, 381]}, {"key": "to-the-company", "type": "clause", "offset": [382, 396]}, {"key": "concerning-the", "type": "clause", "offset": [397, 411]}, {"key": "valuation-notice", "type": "definition", "offset": [443, 459]}, {"key": "days-after", "type": "definition", "offset": [470, 480]}, {"key": "date-of", "type": "clause", "offset": [485, 492]}, {"key": "the-purchase-price", "type": "clause", "offset": [516, 534]}, {"key": "equal-to", "type": "definition", "offset": [544, 552]}], "samples": [{"hash": "lttK0gupbgB", "uri": "/contracts/lttK0gupbgB#initial-value", "label": "Shareholders' Agreement (CTR Family Associates Lp)", "score": 18.0, "published": true}, {"hash": "e5xe4IQIyos", "uri": "/contracts/e5xe4IQIyos#initial-value", "label": "Shareholder Agreement (Rankin Associates Ii Lp)", "score": 18.0, "published": true}], "size": 2, "snippet": "The Board of Directors shall from time to time determine a per share value for the Shares (the \"Initial Value\") based upon such considerations as the Board of Directors, in its sole discretion, determines to be relevant to such valuation. If a Selling Shareholder or Outside Shareholder (for purposes of this Section 1.35, the \"Objecting Party\") does not provide written objections to the Company concerning the Initial Value set forth in the Valuation Notice within 10 days after the date of such Valuation Notice, the Purchase Price shall be equal to the Initial Value.", "hash": "154aebb9c56ffa74c3248f56a415ab2b", "id": 7}, {"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "property-interests", "type": "clause", "offset": [39, 57]}, {"key": "exhibit-b", "type": "definition", "offset": [156, 165]}, {"key": "this-amendment", "type": "clause", "offset": [169, 183]}], "samples": [{"hash": "dKtSlsPmrXn", "uri": "/contracts/dKtSlsPmrXn#initial-value", "label": "Limited Liability Company Agreement", "score": 31.340862423, "published": true}, {"hash": "iQEL2AQQB8k", "uri": "/contracts/iQEL2AQQB8k#initial-value", "label": "Limited Liability Company Agreement (Health Care Property Investors Inc)", "score": 21.0, "published": true}], "size": 2, "snippet": "With respect to the Contributed Denver Property Interests, the amount set forth with respect to the \u201cContributed Denver Property Interests\u201d as set forth on Exhibit B to this Amendment.", "hash": "5acef918b7a6e393d8c0b2eb429e49a9", "id": 8}, {"snippet_links": [{"key": "the-general-partners", "type": "clause", "offset": [0, 20]}, {"key": "five-percent", "type": "clause", "offset": [47, 59]}, {"key": "general-partnership-interests", "type": "clause", "offset": [73, 102]}, {"key": "from-time-to-time", "type": "clause", "offset": [109, 126]}, {"key": "the-partnership-interests", "type": "clause", "offset": [149, 174]}, {"key": "sole-discretion", "type": "clause", "offset": [246, 261]}, {"key": "selling-partner", "type": "definition", "offset": [312, 327]}, {"key": "former-partner", "type": "definition", "offset": [331, 345]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [347, 375]}, {"key": "objecting-party", "type": "definition", "offset": [387, 402]}, {"key": "provide-a", "type": "definition", "offset": [414, 423]}, {"key": "written-objection", "type": "clause", "offset": [424, 441]}, {"key": "to-the-partnership", "type": "clause", "offset": [442, 460]}, {"key": "concerning-the", "type": "clause", "offset": [461, 475]}, {"key": "valuation-notice", "type": "definition", "offset": [507, 523]}, {"key": "days-after", "type": "definition", "offset": [540, 550]}, {"key": "date-of", "type": "clause", "offset": [555, 562]}, {"key": "the-purchase-price", "type": "clause", "offset": [586, 604]}, {"key": "equal-to", "type": "definition", "offset": [614, 622]}], "samples": [{"hash": "fFkA8DGrRV", "uri": "/contracts/fFkA8DGrRV#initial-value", "label": "Limited Partnership Agreement (Nacco Industries Inc)", "score": 18.0, "published": true}, {"hash": "dJnuOhLuwby", "uri": "/contracts/dJnuOhLuwby#initial-value", "label": "Limited Partnership Agreement (Nacco Industries Inc)", "score": 18.0, "published": true}], "size": 2, "snippet": "The General Partners holding more than seventy five percent (75%) of the General Partnership Interests shall from time to time determine a value for the Partnership Interests (the \"Initial Value\") based upon such considerations as they, in their sole discretion, determine to be relevant to such valuation. If a Selling Partner or Former Partner (for purposes of this Section 1.56, the \"Objecting Party\") does not provide a written objection to the Partnership concerning the Initial Value set forth in the Valuation Notice within ten (10) days after the date of such Valuation Notice, the Purchase Price shall be equal to the Initial Value.", "hash": "5c9a6383a049eec0e43ed7ec812a6627", "id": 9}, {"snippet_links": [{"key": "share-units", "type": "definition", "offset": [25, 36]}, {"key": "five-thousand", "type": "clause", "offset": [69, 82]}], "samples": [{"hash": "l2gV1r94y0k", "uri": "/contracts/l2gV1r94y0k#initial-value", "label": "Stock Appreciation Rights Agreement (Gibraltar Packaging Group Inc)", "score": 16.0, "published": true}, {"hash": "furk52sGH3b", "uri": "/contracts/furk52sGH3b#initial-value", "label": "Stock Appreciation Rights Agreement (Gibraltar Packaging Group Inc)", "score": 16.0, "published": true}], "size": 2, "snippet": "The Initial Value of the Share Units shall be as follows:\na. Seventy-Five Thousand Share Units shall be valued at $2.25 each; and\nb. Seventy-Five Thousand Share Units shall be valued at $3.00 each.", "hash": "8d36015dca165eef4ccf743e8bc2cccc", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZpbml0aWFsLXZhbHVlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Initial Value", "children": [], "parents": [["definitions", "DEFINITIONS"], ["performance-units-and-performance-shares", "Performance Units and Performance Shares"], ["miscellaneous-provisions", "Miscellaneous Provisions"], ["creditors", "Creditors"], ["capital-accounts-and-definitions", "Capital Accounts and Definitions"]], "size": 114, "id": "initial-value", "related": [["market-value", "Market Value", "Market Value"], ["target-fair-market-value", "Target Fair Market Value", "Target Fair Market Value"], ["base-price", "Base Price", "Base Price"], ["market-value-adjustment", "Market Value Adjustment", "Market Value Adjustment"], ["strike-price", "Strike Price", "Strike Price"]], "related_snippets": [], "updated": "2025-07-07T12:37:55+00:00"}, "json": true, "cursor": ""}}