MARKET VALUE PER SHARE Sample Clauses

MARKET VALUE PER SHARE. Market Value Per Share shall mean the fair value per share of shares of Management Stock being transferred with respect to any Termination Date, determined as of the applicable Termination Date based on the number of shares of Stock then outstanding, PLUS the sum of the number of dilutive shares of Stock as determined under the treasury stock method defined in APB Opinion No. 15 for outstanding and exercisable warrants, options, or convertible securities, as determined in the manner set forth below. The Company's Board of Directors, by affirmative vote of at least a majority of the Board (excluding any Management Stockholder who is the subject of the termination giving rise to such determination), shall make a good faith determination of the fair value per share of such shares of Management Stock (the "Board Determination") and shall cause such determination to be delivered to such Management Stockholder. Within fifteen (15) days of such delivery, the Management Stockholder may object to the Board Determination. If such Management Stockholder does not so object, then the Market Value Per Share of such shares of Management Stock shall be equal to the Board Determination. If such Management Stockholder shall make such an objection, he may select a qualified appraiser to make a good faith determination of the fair per share value of such shares of Stock (the "Initial Appraised Value"). If the Initial Appraised Value does not exceed (or is not less than) the Board Determination by more than ten percent (10%) of the Board Determination, then the Market Value Per Share of such shares of Management Stock shall be equal to the mathematical mean of the Initial Appraised Value and the Board Determination. If the Initial Appraised Value exceeds (or is less than) the Board Determination by more than ten percent (10%) of the Board Determination, then a majority of the Board of Directors (excluding such Management Stockholder) and such Management Stockholder shall select a mutually acceptable additional qualified appraiser to make a good faith determination of the fair per share value of such shares of Management Stock (the "Second Appraised Value"). The Market Value Per Share of such shares of Management Stock shall be equal to the mathematical mean of the two closest values of the Board Determination, the Initial Appraised Value and the Second Appraised Value. The foregoing determinations shall take into consideration (i) the value of the Company as an ongoing entity,...
Sample 1
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MARKET VALUE PER SHARE. Subject to the terms and conditions of Section 7 hereof, and subject to any deferral election the Optionee may have made pursuant to any plan or program of the Company, the Company shall cause certificates for any shares purchased hereunder to be delivered to the Optionee upon payment of the Option Price in full.
Sample 1

Related to MARKET VALUE PER SHARE

  • Market Value Market value shall be determined by the Lending Agent, where applicable, based upon the valuation policies adopted by the Client’s Board of Directors/Trustees.

  • per Share The Fund is advised that the Underwriters intend (i) to make a public offering of their respective portions of the Firm Shares as soon after the effective date of the Registration Statement as is advisable and (ii) initially to offer the Firm Shares upon the terms set forth in the Prospectus. The Underwriters may from time to time increase or decrease the public offering price after the initial public offering to such extent as they may determine. In addition, the Fund hereby grants to the several Underwriters the option to purchase, and upon the basis of the warranties and representations and subject to the terms and conditions herein set forth, the Underwriters shall have the right to purchase, severally and not jointly, from the Fund, ratably in accordance with the number of Firm Shares to be purchased by each of them, all or a portion of the Additional Shares as may be necessary to cover over-allotments made in connection with the offering of the Firm Shares, at the same purchase price per Share to be paid by the Underwriters to the Fund for the Firm Shares. This option may be exercised by the Representatives on behalf of the several Underwriters at any time and from time to time on or before the forty-fifth day following the date hereof, by written notice to the Fund. Such notice shall set forth the aggregate number of Additional Shares as to which the option is being exercised, and the date and time when the Additional Shares are to be delivered (such date and time being herein referred to as the "Additional Time of Purchase"); provided, however, that the Additional Time of Purchase shall not be earlier than the Time of Purchase (as defined below) nor earlier than the second business day after the date on which the option shall have been exercised. The number of Additional Shares to be sold to each Underwriter shall be the number which bears the same proportion to the aggregate number of Additional Shares being purchased as the number of Firm Shares set forth opposite the name of such Underwriter on Schedule A hereto bears to the total number of Firm Shares (subject, in each case, to such adjustment as the Representatives may determine to eliminate fractional shares).

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Fair Market Value Fair Market Value of a share of Common Stock as of a particular date (the "Determination Date") shall mean:

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Date of Exercise The "Date of Exercise" of the Warrant shall be defined as the date that the advance copy of the completed and executed Exercise Form is sent by facsimile to the Company, provided that the original Warrant and Exercise Form are received by the Company as soon as practicable thereafter. Alternatively, the Date of Exercise shall be defined as the date the original Exercise Form is received by the Company, if Holder has not sent advance notice by facsimile.

  • Grant Date The Grant Date of the Option hereby granted is .

  • Determination of Fair Market Value For purposes of this Section 10.2, “fair market value” of a share of Common Stock as of a particular date (the “Determination Date”) shall mean:

  • Strike Price 8.1 The “Base Year” applicable to this Contract for Difference is 2012.

  • Closing Price Closing Price shall mean the last reported market price for one share of Common Stock, regular way, on the New York Stock Exchange (or any successor exchange or stock market on which such last reported market price is reported) on the day in question. If the exchange is closed on the day on which the Closing Price is to be determined or if there were no sales reported on such date, the Closing Price shall be computed as of the last date preceding such date on which the exchange was open and a sale was reported.

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