Accepted Value definition

Accepted Value means in the case of Accounts, excluding Government Receivables as to which Western has not complied with the Assignment of Claims Act of 1940, 100% of net book value, and in the case of Inventory, 50% of net book value, in each case determined in accordance with GAAP.
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Examples of Accepted Value in a sentence

  • Engineering Recommendations and Constructability Review Comments; Incorporation of Accepted Value Engineering Recommendations and Constructability Review Comments.

  • The value reported in the Third Appraisal, if required, shall be deemed to be the "Accepted Value of the Partnership.

  • Within seven (7) days following BPU's notification by the Partnership of the First Appraisal, BPU shall either (m) accept the First Appraisal, at which time the First Appraisal shall be deemed to be the "Accepted Value," or (n) have conducted by a qualified appraiser, at BPU's expense, an appraisal of the fair market value of the Partnership (the "Second Appraisal").

  • The "Fair Value" of BPU's Interest shall be equal to the greater of (y) Accepted Value of the Partnership multiplied by BPU's Percentage Interest without consideration of any minority or other discount, or (z) the total value of BPU's contributions to the capital of the Partnership as reported on the financial statements of the Partnership.