Applicable Share Valuation means the annual valuation of the Common Stock performed as of the last day of the last fiscal year of Holding ending prior to the Determination Date by an independent valuation firm chosen by the Board, except that, in the case of a Determination Date occurring during the period beginning on September 1 of any fiscal year of Holding and ending on December 31 of that fiscal year beginning with the period beginning on September 1, 1999 and ending on December 31, 1999, the term "Applicable Share Valuation" shall mean the annual valuation of the Common Stock performed as of the last day of such fiscal year by an independent valuation firm chosen by the Board. Such annual valuations shall be performed as promptly as practicable following the end of each fiscal year of Holding, beginning with the 1999 fiscal year of Holding. The Fair Market Value as determined in good faith by the Board and in the absence of fraud shall be binding and conclusive upon all parties hereto and the C&D Fund. If Holding subdivides (by any stock split, stock dividend or otherwise) the Common Stock into a greater number of shares, or combines (by reverse stock split or otherwise) the Common Stock into a smaller number of shares after the Board shall have determined the Purchase Price for the Covered Options (without taking into consideration such subdivision or combination) and prior to the consummation of the purchase, the Purchase Price shall be appropriately adjusted to reflect such subdivision or combination and the Board's determination as to any such judgment in good faith shall be binding and conclusive on all parties hereto and the C&D Fund.
Applicable Share Valuation means the annual valuation of the Common Stock performed as of the last day of such fourth fiscal quarter by an independent valuation firm chosen by the Board. Such annual valuations shall be performed as promptly as practicable following the end of each Fiscal Year, beginning with the 1998 Fiscal Year.
Applicable Share Valuation means, as of any date of determination, the annual valuation of the Common Stock performed as of the last day of the last Fiscal Year ending prior to such date of determination by an independent valuation firm chosen by the Board, except that, in the case of a date of determination occurring during the fourth fiscal quarter of any Fiscal Year beginning with the fourth quarter of the 1998 Fiscal Year, the term "Applicable Share Valuation" shall mean the annual valuation of the Common Stock performed as of the last day of such fourth fiscal quarter by an independent valuation firm chosen by the Holding Board. Such annual valuations shall be performed as promptly as practicable following the end of each Fiscal Year, beginning with the 1998 Fiscal Year.
More Definitions of Applicable Share Valuation
Applicable Share Valuation means the annual valuation of the -------------------------- Common Stock performed as of the last day of the last Fiscal Year ending prior to the determination date by an independent valuation firm chosen by the Board, except that, in the case of a determination date occurring during the fourth fiscal quarter of any Fiscal Year beginning with the fourth quarter of the 1998 Fiscal Year, the term "Applicable Share Valuation" shall mean the annual valuation of the Common Stock performed as of the last day of such fourth fiscal quarter by an independent valuation firm chosen by the Board. Such annual valuations shall be performed as promptly as practicable following the end of each Fiscal Year, beginning with the 1998 Fiscal Year.
Applicable Share Valuation means the annual valuation of the Common Stock performed as of the last day of such fiscal year by an independent valuation firm chosen by the Board. Such annual valuations shall be performed as promptly as practicable following the end of each fiscal year of Holding. The Fair Market Value as determined in good faith by the Board and in the absence of fraud shall be binding and conclusive upon all parties hereto, BRS and the C&D Fund. If Holding subdivides (by any stock split, stock dividend or otherwise) the Common Stock into a greater number of shares, or combines (by reverse stock split or otherwise) the Common Stock into a smaller number of shares after the Board shall have determined the Purchase Price for the Shares (without taking into consideration such subdivision or combination) and prior to the consummation of the purchase, the Purchase Price (including any minimum or maximum Purchase Price specified herein or in effect as a result of a prior adjustment) shall be appropriately adjusted to reflect such subdivision or combination and the Board's determination as to any such judgment in good faith shall be binding and conclusive on all parties hereto, BRS and the C&D Fund.
Applicable Share Valuation means the annual valuation of the Common Stock performed as of the last day of the last fiscal year of Worldwide ending prior to the Determination Date by an independent valuation firm chosen by the Board, except that, in the case of a Determination Date occurring during the fourth fiscal quarter of any fiscal year of Worldwide beginning with the fourth quarter of the 1999 fiscal year of Worldwide, the term "Applicable Share Valuation" shall mean the annual valuation of the Common Stock performed as of the last day of such fourth fiscal quarter by an independent valuation firm chosen by the Board. Such annual valuations shall be performed as promptly as practicable following the end of each fiscal year of Worldwide, beginning with the 2000 fiscal year of Worldwide. The Fair Market Value as determined in good faith by the Board and in the absence of fraud shall be binding and conclusive upon all parties hereto. If Worldwide at any time subdivides (by any stock split, stock dividend or otherwise) the Common Stock into a greater number of shares, or combines (by reverse stock split or otherwise) the Common Stock into a smaller number of shares, the Purchase Price (including any minimum or maximum Purchase Price specified herein or in effect as a result of a prior adjustment) shall be appropriately adjusted to reflect such subdivision or combination.
Applicable Share Valuation means the annual valuation of the Common Stock performed as of the last day of such fourth fiscal quarter by an independent valuation firm chosen by the Board. Such annual valuations shall be performed as promptly as practicable following the end of each fiscal year of Worldwide, beginning with the 2000 fiscal year of Worldwide. The Fair Market Value as determined in good faith by the Board and in the absence of fraud shall be binding and conclusive upon all parties hereto. If Worldwide at any time subdivides (by any stock split, stock dividend or otherwise) the Common Stock into a greater number of shares, or combines (by reverse stock split or otherwise) the Common Stock into a smaller number of shares, the Purchase Price (including any minimum or maximum Purchase Price specified herein or in effect as a result of a prior adjustment) shall be appropriately adjusted to reflect such subdivision or combination.
Applicable Share Valuation means the annual valuation of the Common Stock performed as of the last day of such fiscal year by an independent valuation firm chosen by the Board. Such annual valuations shall be performed as promptly as practicable following the end of each fiscal year of Holding, beginning with the 1999 fiscal year of Holding. The Fair Market Value as determined in good faith by the Board and in the absence of fraud shall be binding and conclusive upon all parties hereto and the C&D Fund. If Holding subdivides (by any stock split, stock dividend or otherwise) the Common Stock into a greater number of shares, or combines (by reverse stock split or otherwise) the Common Stock into a smaller number of shares after the Board shall have determined the Purchase Price for the Covered Options (without taking into consideration such subdivision or combination) and prior to the consummation of the purchase, the Purchase Price shall be appropriately adjusted to reflect such subdivision or combination and the Board's determination as to any such judgment in good faith shall be binding and conclusive on all parties hereto and the C&D Fund.
Applicable Share Valuation means the annual valuation -------------------------- of the Common Stock performed as of the last day of the last fiscal year of Holding ending prior to the Determination Date by an independent valuation firm
Applicable Share Valuation means the annual valuation of the Common Stock performed as of the last day of such fourth fiscal quarter by an independent valuation firm chosen by the Holding Board. Such annual valuations shall be performed as promptly as practicable following the end of each fiscal year of Holding, beginning with the 1998 fiscal year of Holding. The Fair Market Value as reasonably determined in good faith by the Holding Board and in the absence of fraud shall be binding and conclusive upon all parties hereto and the CD&R Fund. If Holding subdivides (by any stock split, stock dividend or otherwise) the Common Stock into a greater number of shares, or combines (by reverse stock split or otherwise) the Common Stock into a smaller number of shares after the Holding Board shall have determined the Purchase Price for the Shares (without taking into consideration such subdivision or combination) and prior to the consummation of the purchase, the Purchase Price (including any minimum or maximum Purchase Price specified herein or in effect as a result of a prior adjustment) shall be appropriately adjusted to reflect such subdivision or combination and the Holding Board's determination as to any such adjustment shall be binding and conclusive on all parties hereto and the CD&R Fund.