Values, Ethos Clause Samples

Values, Ethos. The Contractor shall ensure or procure that the following requirements of this Section A are complied with: A document will be prepared and displayed prominently throughout the Secure Training Centre describing in simple terms the principal goals of the Secure Training Centre as set by the Authority. These are: (i) Secure Training Centres work with Trainees aged 12 - 17 years who are either sentenced or remanded. Sentenced Trainees are detained either under Section 100 of the Powers of the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ to a Detention and Training Order or, for more serious offences, under Sections 90, 91, 226 & 228 of the same Act. Remanded Trainees are remanded to the care of the Local Authority with a secure requirement under section 23(5) of the Children and Young Persons Act 1969 (as amended); (ii) The Centre is committed to looking after and accommodating all Trainees in safe and secure conditions. The Centre provides high quality standards of care for all Trainees, decent living conditions and staff relationships and helps to promote and report social, emotional and physical needs, based on the principles of dignity, privacy and respect; (iii) Every member of staff the Secure Training Centre is committed to maintaining the highest standards of care, control, good order and discipline in the Secure Training Centre, protecting vulnerable or disruptive Trainees from themselves and/or others;
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  • Information on value of contract/lot (excluding VAT) Section VI. Complementary information

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  • Determination of Fair Market Value For purposes of this Section 10.2, “fair market value” of a Share (or Common Stock if the Shares have been converted into Common Stock) as of a particular date (the “Determination Date”) shall mean: (i) If the Conversion Right is exercised in connection with and contingent upon a Public Offering, and if the Company’s Registration Statement relating to such Public Offering (“Registration Statement”) has been declared effective by the Securities and Exchange Commission, then the initial “Price to Public” specified in the final prospectus with respect to such offering. (ii) If the Conversion Right is not exercised in connection with and contingent upon a Public Offering, then as follows: (A) If traded on a securities exchange, the fair market value of the Common Stock shall be deemed to be the average of the closing prices of the Common Stock on such exchange over the five trading days immediately prior to the Determination Date, and the fair market value of the Shares shall be deemed to be such fair market value of the Common Stock multiplied by the number of shares of Common Stock into which each share of Series Preferred is then convertible; (B) If traded on the Nasdaq Stock Market or other over-the-counter system, the fair market value of the Common Stock shall be deemed to be the average of the closing prices of the Common Stock over the five trading days immediately prior to the Determination Date, and the fair market value of the Shares shall be deemed to be such fair market value of the Common Stock multiplied by the number of shares of Common Stock into which each Share is then convertible; and (C) If there is no public market for the Common Stock, then fair market value shall be determined by the Board of Directors of the Company in good faith. In making a determination under clauses (A) or (B) above, if on the Determination Date, five trading days had not passed since the closing of the Company’s initial public offering of its Common Stock (“IPO”), then the fair market value of the Common Stock shall be the average closing prices or closing bid prices, as applicable, for the shorter period beginning on and including the date of the IPO and ending on the trading day prior to the Determination Date (or if such period includes only one trading day, the closing price or closing bid price, as applicable, for such trading day). If closing prices or closing bid prices are no longer reported by a securities exchange or other trading system, the closing price or closing bid price shall be that which is reported by such securities exchange or other trading system at 4:00 p.m. New York City time on the applicable trading day.

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows: