Valuation Methods Clause Samples

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Valuation Methods. The proposed Exchange Ratio was determined according to the following multi-criteria analysis: 1.1 An analysis of the closing prices of Essilor and Luxottica up to and including January 13, 2017, the last trading day prior to the announcement date. Essilor and Luxottica share prices are defined as being the volume-weighted average closing prices (“VWAP”) provided daily by Euronext Paris and Borsa Italiana, respectively; 1.2 A consensus based analysis of discounted cash flows of both companies; 1.3 An analysis of research analysts’ target prices. The Exchange Ratio is the number of Essilor’s shares equivalent to one Luxottica share.
Valuation Methods. 4.1 Merger of FINAXA with and into AXA (i) Contribution value (ii) Withheld value for the exchange ratio 4.2 Merger of SGCI with and into AXA (i) Contribution value
Valuation Methods. Subject to Clause 19.3, all variations shall be valued as follows: (1) Where the varied work is of a similar character to, is executed under similar conditions as and does not significantly change the quantity of work described in this Contract, the Rates for the Works as set out in this Contract shall determine the valuation; or (2) Where the varied work is of similar character to work described in the Contract but is not executed under similar conditions of such work described in this Contract or involves significant changes in the quantity of such work described in this Contract, the Rates for the Works as set out in this Contract shall be the basis for determining the valuation but with a fair allowance for any differences in such conditions and/or quantity; or (3) Where (1) and (2) above do not apply, then by measurement and valuation at fair market rates and prices; (4) Where none of the above methods is applicable or appropriate in the circumstances of the particular varied work, then the valuation shall be based on the cost of necessary Plant, materials or goods, labour and any additional equipment necessary for the execution of the varied work plus fifteen per cent (15%). This percentage shall be deemed to compensate adequately the Contractor in respect of all supervision, the use of Construction Equipment, overheads, profit and all other losses, expenses, costs or damages incurred in or connected with the execution of the varied work; (5) The Rates for the Works as set out in this Contract shall determine the valuation of items omitted; PROVIDED THAT if omissions vary the conditions under which any remaining items of work are carried out, the values for such remaining items shall be determined under Clauses 20.1 (2) or (3) or (4) as the case may be.
Valuation Methods. The assets of the Partnership will be valued as determined in good faith by the General Partner.
Valuation Methods. Securities traded on national stock exchanges will be valued at the composite price as published in the Wall Street Journal. Listed Securities which are not traded and over-the-counter securities will be valued at the closing bid price. Other securities and all other assets will be valued at fair value as determined in good faith by WFG.
Valuation Methods. The liabilities shall be calculated on a PBO basis in accordance with FAS No. 87. The value assets shall be the fair market value of assets on the Closing Date. If, for any reason, the value of the assets held under an insurance contract cannot be valued as of the Closing Date, the value of the assets as of the Closing Date shall be estimated to be the value of assets as of the most recent valuation date (valuation from the insurance company) adjusted with expected investment results and interim cash flow from the valuation date to the Closing Date.
Valuation Methods. Assets may be valued by the Trustee based upon the facts and circumstances as it may determine to be relevant to said valuation, as long as the method used for said valuation is reasonable. In the event that all or any portion of the assets of a Fund are held or invested by an investment advisor, manager, or custodi- an, the Trustee may rely upon a valuation made by such investment advisor, manager, or custodian of Trust Assets, provided that the method used for the valuation of the assets is reasonable based on the facts and circumstances.
Valuation Methods. The principles conveyed in the Valmin Code 2015 and in the Australian Securities and Investment Commission (ASIC) Regulatory Guide 111 and 112 have been applied by Fluid. Reserve and Resource concepts follow the definitions as laid down by the Society of Petroleum Engineers (SPE) Inc. Petroleum Resources Management System PRMS) (SPE PRMS, 2011). There are several methods that can be used to estimate the fair market value of exploration and production assets. These include and are not limited to the methods described below, which are: -Production and reserve information leading to cash flow analysis – present value (NPV); -Production estimates and cash flow analysis (NPV) based on current prospects (undrilled) and incorporating expected chances of success (COS) – expected monetary value (EMV); and -Recent farm-in Actual Costs (value of work to be undertaken) and premiums or promotes (amounts above the Actual Cost of the work) paid in the permit or similar nearby permits; and Estimated Actual Cost of committed work programs (deal between permit holder and the governing authority) and operator budgets. EMV valuation is not applied by Fluid to exploration assets as it is unreliable and unlikely to be accepted by stock exchanges. A market analysis is required for exploration assets. Fluid restricts it valuation range to a maximum of 2.5 times Low to High value in most cases. Wider ranges can sometimes be of little assistance to a client that is requesting a valuation.