Examples of Base Valuation Date in a sentence
Except as set forth in Schedule 2.11, there has not been any Material Adverse Change in the assets, properties, operations or financial condition of the Company since the Base Valuation Date.
The term "fixed base" is not defined, but should be understood to be analogous to the term "permanent establishment." This Article is subject to the provisions of the saving clause in paragraph 3 of Article 1 (Personal Scope).
Except as set forth in Schedule 2.13, the Company owns outright, and has good and marketable title to all of its assets, properties and businesses (including all assets reflected in the Balance Sheet, except as the same may have been disposed of in the ordinary course of business since the Base Valuation Date), free and clear of all liens, mortgages, pledges, conditional sales agreements, restrictions on transfer or other encumbrances or charges.
Sellers and Sellers’ Accountant shall have thirty (30) days after delivery of the Closing Date Financial Statements (the “Review Period”) to verify the amount of any cumulative net income or loss realized by the Company since the Base Valuation Date.
Not less than five (5) Business Days before the Revolving Loan is to be made, Agent shall have received a current Borrowing Base Certificate dated as of the latest Borrowing Base Valuation Date and computed as if the requested Revolving Loan had been made on such date.
The Agreement was approved by the HRWC Board at their meeting on June 3, 2014.An estimate of the projected dividends over the term of the Agreement is shown in the following table:Renewal of HRWC Dividend AgreementAudit & Finance Standing Committee - 3 - July 23, 2014 Halifax Regional Water CommissionCalculation of Return on Rate Base Valuation Date * based on Rate Base as of March 31 of the prior fiscal year X 1.56% Currently there is no dividend paid on wastewater and stormwater assets.
The Company shall have not incurred or made capital expenditures since the Base Valuation Date in the aggregate amount of more than $ * .
At the Base Valuation Date each Equity Share shall have a value of £1.
Thus, it is unambiguous that the parties intended for the Borrower to prepare and submit Borrowing Base Certificates that would establish what the Borrowing Base would be for each applicable Borrowing Base Valuation Date (i.e., the end of each month).
The Borrowing Base will be determined as of each Borrowing Base Valuation Date by determining the Asset Value of the Unrestricted Cash and Eligible Assets directly owned by Borrower or a Restricted Subsidiary that is a Guarantor depending upon the classification of such Eligible Asset, subject, in each case, to the limitations set forth below.