Unamortized Value definition

Unamortized Value of Equipment is the Acquisition Cost of the Equipment less its Aggregate Amortization.
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Unamortized Value with respect to the Initial Investment Right or the Adjustment Right, as applicable, shall be an amount equal to the product of (x) the unamortized balance as of the Combination Closing Date declining from the First Value on a straight line amortization to zero on the respective expiration date of the Investment Rights, multiplied by (y) a fraction, the numerator of which is the unexercised amount of the Initial Investment Right or the Adjustment Right, as applicable, and the denominator of which is $20,000,000 in the case of the Initial Investment Right, and the original Adjustment Amount in the case of the Adjustment Right. The "First Value" with respect to the Initial Investment Right shall be $5 million and with respect to the Adjustment Right shall be 25% of the Adjustment Amount, and the amortization of the First Value shall commence on the Closing Date with respect to the Initial Investment Right and on the Measurement Date with respect to the Adjustment Right. The "Acquirer Common Stock" shall mean the class of publicly traded common stock of the Acquirer having the largest market capitalization as of the Combination Closing Date. All computations in the preceding sentence with respect to the Investment Right Price and the number of shares of Common Stock issuable shall be determined as if the Combination Closing Date were the Notice Date.
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Examples of Unamortized Value in a sentence

  • The Lease Termination Fee shall be equal to the "Unamortized Value as of the Lease Termination Date" of the "Lease Concessions," as defined in this Subsection 2.6.3.2.

  • Lessor agrees, during the Initial Term only, to pay to Lessee out of the damages received, the Unamortized Value of Lessee's Work.

  • Notwithstanding the foregoing, if the sale proceeds of the Equipment are less than the Unamortized Value of the Equipment but equal to or greater than the Unguaranteed Residual of the Equipment, Lessee shall at the same time pay Agent, on behalf of the Lessor Parties, a sum equal to the difference between the amount of the sale proceeds and the Unamortized Value.

  • Not less than forty five (45) days prior to the proposed effective date of the contemplated transaction, Tenant will give Landlord written notice ("Tenant's Notice"), setting forth the name, address and telephone number of the proposed assignee or sublessee (if applicable), the date of the proposed assignment or sublease, together with a statement of the Unamortized Value of the Leasehold Improvements (as defined in paragraph g.

  • Any sale proceeds of Equipment in excess of the Unamortized Value of the Equipment after the expiration of the lease terms of all Equipment will be for the account of Lessee.

  • Policies covering physical damage risks shall be in an amount not less than the Unamortized Value of Equipment.

  • The items set forth in Section 2.6.2.2.1 shall be amortized on a straight-line basis over the one hundred twenty (120) month initial Lease Term beginning on the Commencement Date, together with interest thereon at the prime rate per annum (as said prime rate is published in the Wall Street Journal), and the Unamortized Value of the Lease Concessions shall be determined based upon the unexpired portion of the Initial Lease Term as of the Termination Date set forth in Tenant’s Termination Notice.

  • The terms of Section 2.3.1 of the Office ----------------- Lease shall be applicable to the Third Expansion Space as if such space were included in the Initial Premises leased by Tenant, provided that the Termination Fee applicable to the Third Expansion Space shall equal the "Unamortized Value as of the Termination Date" of the "Concessions" applicable to the Third Expansion Space, as calculated pursuant to the term of Section 2.3.2 of the Office Lease.

  • No Individual Leasing Record shall be effective and Lessor shall have no obligation to lease any particular unit of equipment hereunder unless and until such applicable Individual Leasing Record is executed by Lessor and in no event shall the Lessee execute and deliver to Lessor an Individual Leasing Record which, if executed and funded by Lessor, would result in the aggregate Unamortized Value of Equipment leased by Lessor to Lessee hereunder exceeding $25,000,000.

  • If the sale proceeds of the Equipment plus Contingent Rent are less than the Unguaranteed Residual of the Equipment Lessee shall at the same time pay Agent, on behalf of the Lessor Parties, a sum equal to the Unamortized Value of the Equipment less the Unguaranteed Residual of the Equipment.

Related to Unamortized Value

  • Capitalized Value means, as of any date, Annualized EBITDA divided by the Capitalization Rate.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.