Securities or Other Property. In the case of securities or other property, the fair market value thereof as of the date immediately preceding such issuance, sale, grant or exercise as determined in good faith by the Board of Directors of the Company which determination shall be conclusive absent manifest error.
Appears in 3 contracts
Samples: Warrant Agreement (Avnet Inc), Warrant Agreement (Western Micro Technology Inc /De), Uti Energy Corp
Securities or Other Property. In the case of securities or other property, the fair market value thereof as of the date immediately preceding such issuance, sale, grant or exercise as determined in good faith by the Board of Directors of the Company which determination shall be conclusive absent manifest error.. (2)
Appears in 2 contracts
Samples: Warrant Agreement (Canpartners Inc), Warrant Agreement (Western Micro Technology Inc /De)
