{"component": "definition", "props": {"groups": [{"size": 23, "samples": [{"hash": "kXtnVFgdII5", "uri": "/contracts/kXtnVFgdII5#baseline-value", "label": "Performance Ltip Unit Agreement (JBG SMITH Properties)", "score": 29.1492128679, "published": true}, {"hash": "eLD0UDIUbNT", "uri": "/contracts/eLD0UDIUbNT#baseline-value", "label": "Performance Ltip Unit Agreement (JBG SMITH Properties)", "score": 29.1492128679, "published": true}, {"hash": "d3241oIcJHT", "uri": "/contracts/d3241oIcJHT#baseline-value", "label": "Performance Ltip Unit Agreement (JBG SMITH Properties)", "score": 29.1492128679, "published": true}], "snippet": "for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.", "snippet_links": [{"key": "the-company-and-the", "type": "clause", "offset": [12, 31]}, {"key": "peer-companies", "type": "clause", "offset": [32, 46]}, {"key": "dollar-amount", "type": "clause", "offset": [57, 70]}, {"key": "the-fair-market-value", "type": "clause", "offset": [99, 120]}, {"key": "one-share", "type": "definition", "offset": [124, 133]}, {"key": "common-stock", "type": "definition", "offset": [137, 149]}, {"key": "trading-days", "type": "clause", "offset": [192, 204]}, {"key": "the-effective-date", "type": "clause", "offset": [231, 249]}], "hash": "b615732ff34df4a15cfaedb395df83ae", "id": 1}, {"size": 19, "samples": [{"hash": "1FCsSd5x4Pk", "uri": "/contracts/1FCsSd5x4Pk#baseline-value", "label": "Ltip Unit Award Agreement (Simon Property Group Inc /De/)", "score": 25.3449691992, "published": true}, {"hash": "9d27U0GQp68", "uri": "/contracts/9d27U0GQp68#baseline-value", "label": "Ltip Unit Award Agreement (Simon Property Group Inc /De/)", "score": 24.2553045859, "published": true}, {"hash": "ldyKzI7nVsL", "uri": "https://investors.simon.com/static-files/4a3a2078-7a56-449a-bd11-95ae55637f73", "label": "investors.simon.com", "score": 14.8922983146, "published": false}], "snippet": "means $158.09, the per share closing price of the Common Stock reported by The New York Stock Exchange for the last trading date preceding January 1, 2013. For purposes of the REIT Index and S&P Index measures used in determining the attainment of each of the respective Relative TSR Goals, the baseline value for each shall also be the ending value of the applicable index as of the last day of the year prior to the Effective Date.", "snippet_links": [{"key": "the-common-stock", "type": "clause", "offset": [46, 62]}, {"key": "the-new-york-stock-exchange", "type": "clause", "offset": [75, 102]}, {"key": "last-trading-date", "type": "definition", "offset": [111, 128]}, {"key": "reit-index", "type": "definition", "offset": [176, 186]}, {"key": "sp-index", "type": "definition", "offset": [191, 200]}, {"key": "relative-tsr-goals", "type": "definition", "offset": [271, 289]}, {"key": "ending-value", "type": "definition", "offset": [337, 349]}, {"key": "applicable-index", "type": "definition", "offset": [357, 373]}, {"key": "day-of", "type": "clause", "offset": [389, 395]}, {"key": "the-year", "type": "definition", "offset": [396, 404]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [405, 432]}], "hash": "1404e0f9d6293c168abcf0f9a197c6ea", "id": 2}, {"size": 14, "samples": [{"hash": "adkAyMhuts8", "uri": "https://ptfs-oireachtas.s3.amazonaws.com/DriveH/AWData/Library3/Documents%20Laid/pdf/ODemocratic%20ProcessOireachtas%20scrutiny%20of%20EU%20Business2020%20Info%20NotesCOM%20(2020)%20579TTSdoclaid181120b_181120_191447.pdf", "label": "Note", "score": 14.440109514, "published": false}, {"hash": "c7A9yyXlVU8", "uri": "https://www.europarl.europa.eu/meetdocs/2014_2019/plmrep/COMMITTEES/TRAN/AM/2021/06-16/1223793EN.pdf", "label": "www.europarl.europa.eu", "score": 10.5578370979, "published": false}, {"hash": "gKmBhGTFc9K", "uri": "https://www.eumonitor.nl/9353000/1/j4nvke1fm2yd1u0_j9vvik7m1c3gyxp/vlcafmrrsgzl/v=s7z/f=/com(2020)579_en.pdf", "label": "www.eumonitor.nl", "score": 10.3620807666, "published": false}], "snippet": "means a value defined by way of estimation for the purpose of setting performance targets and concerning determined costs or determined unit costs during the year preceding the start of the relevant reference period;", "snippet_links": [{"key": "for-the-purpose-of", "type": "definition", "offset": [43, 61]}, {"key": "performance-targets", "type": "definition", "offset": [70, 89]}, {"key": "unit-costs", "type": "definition", "offset": [136, 146]}, {"key": "during-the-year", "type": "definition", "offset": [147, 162]}, {"key": "relevant-reference-period", "type": "definition", "offset": [190, 215]}], "hash": "b693ad900cbb4b339db3d7d412a9a4aa", "id": 3}, {"size": 12, "samples": [{"hash": "jtoWyducN8Z", "uri": "/contracts/jtoWyducN8Z#baseline-value", "label": "Class B Unit Award Agreement (Preferred Apartment Communities Inc)", "score": 29.076659822, "published": true}, {"hash": "eA9CQPN1063", "uri": "/contracts/eA9CQPN1063#baseline-value", "label": "Class B Unit Award Agreement (Preferred Apartment Communities Inc)", "score": 29.076659822, "published": true}, {"hash": "kTZ4zS3qutm", "uri": "/contracts/kTZ4zS3qutm#baseline-value", "label": "Class B Unit Award Agreement (Preferred Apartment Communities Inc)", "score": 28.022587269, "published": true}], "snippet": "means (a) the Initial Baseline Value until the Initial Valuation Date; and (b) thereafter, the Market Capitalization as of the immediately prior Valuation Date.", "snippet_links": [{"key": "initial-baseline-value", "type": "definition", "offset": [14, 36]}, {"key": "initial-valuation-date", "type": "definition", "offset": [47, 69]}, {"key": "market-capitalization", "type": "definition", "offset": [95, 116]}], "hash": "6cb94dace8371643db0db14ecb55675e", "id": 4}, {"size": 12, "samples": [{"hash": "j5GI7xQbQlS", "uri": "/contracts/j5GI7xQbQlS#baseline-value", "label": "Ltip Unit Award Agreement (Simon Property Group Inc /De/)", "score": 27.0314852841, "published": true}, {"hash": "6VFpaI0xmAK", "uri": "/contracts/6VFpaI0xmAK#baseline-value", "label": "Ltip Unit Award Agreement", "score": 26.9292104877, "published": true}, {"hash": "1kQrjuRqnoH", "uri": "/contracts/1kQrjuRqnoH#baseline-value", "label": "Ltip Unit Award Agreement (Simon Property Group Inc /De/)", "score": 26.3442847365, "published": true}], "snippet": "means $182.11, the per share closing price of the Common Stock reported by The New York Stock Exchange for the last trading date preceding January 1, 2015. For purposes of the REIT Index and S&P Index measures used in determining the attainment of each of the respective Relative TSR Goals, the baseline value for each shall also be the ending value of the applicable index as of the last day of the year prior to the Effective Date.", "snippet_links": [{"key": "the-common-stock", "type": "clause", "offset": [46, 62]}, {"key": "the-new-york-stock-exchange", "type": "clause", "offset": [75, 102]}, {"key": "last-trading-date", "type": "definition", "offset": [111, 128]}, {"key": "reit-index", "type": "definition", "offset": [176, 186]}, {"key": "sp-index", "type": "definition", "offset": [191, 200]}, {"key": "relative-tsr-goals", "type": "definition", "offset": [271, 289]}, {"key": "ending-value", "type": "definition", "offset": [337, 349]}, {"key": "applicable-index", "type": "definition", "offset": [357, 373]}, {"key": "day-of", "type": "clause", "offset": [389, 395]}, {"key": "the-year", "type": "definition", "offset": [396, 404]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [405, 432]}], "hash": "7274f7b01c5fffe80a59486e4532d012", "id": 5}, {"size": 10, "samples": [{"hash": "la9JXaZuA6H", "uri": "https://www.sec.gov/Archives/edgar/data/1045610/000119312518259346/d607287dex101.htm", "label": "Prologis, L.P.", "score": 13.6543463381, "published": false}, {"hash": "T8WP9jFalJ", "uri": "https://www.sec.gov/Archives/edgar/data/1045610/000156459018006879/pld-ex101_7.htm", "label": "Prologis, L.P.", "score": 13.2327173169, "published": false}, {"hash": "7PQ4v3TmRoV", "uri": "https://www.sec.gov/Archives/edgar/data/1045610/000156459018000590/pld-ex10_6.htm", "label": "Prologis, L.P.", "score": 13.0465434634, "published": false}], "snippet": "means the average of the Fair Market Value of one share of Common Stock over the 20 consecutive trading days immediately preceding the Initial Date of any Performance Period.", "snippet_links": [{"key": "the-fair-market-value", "type": "clause", "offset": [21, 42]}, {"key": "one-share", "type": "definition", "offset": [46, 55]}, {"key": "common-stock", "type": "definition", "offset": [59, 71]}, {"key": "trading-days", "type": "clause", "offset": [96, 108]}, {"key": "date-of", "type": "clause", "offset": [143, 150]}, {"key": "performance-period", "type": "definition", "offset": [155, 173]}], "hash": "148d2e9ccb8ae66fe64415f3dc83be39", "id": 6}, {"size": 10, "samples": [{"hash": "750LYnPCVf5", "uri": "https://www.ofgem.gov.uk/sites/default/files/docs/2018/09/notice_of_statutory_consultation_-_electricity_and_gas_standard_licence_conditions.pdf", "label": "Notice", "score": 11.3381245722, "published": false}, {"hash": "eTzLOWtyhOr", "uri": "https://epr.ofgem.gov.uk/Content/Documents/Electricity%20Supply%20Standard%20Licence%20Conditions%20Consolidated%20-%20Current%20Version.pdf", "label": "epr.ofgem.gov.uk", "score": 10.1704312115, "published": false}, {"hash": "aLd5WyNVCCb", "uri": "https://www.ofgem.gov.uk/system/files/docs/2018/11/statutory_notice_of_reasons_for_modification_of_electricity_and_gas_standard_licence_conditions.pdf", "label": "www.ofgem.gov.uk", "score": 7.4229979466, "published": false}], "snippet": "means the values as specified by the Authority by publishing a statement in Writing in accordance with paragraph 28AD.17 and in the format set out at Annex 1. These are the values of the Baseline Value for the Operating Cost Allowance, the Headroom Allowance Percentage, the Earnings Before Interest and Tax Margin Percentage, the Payment Method Adjustment Additional Cost and Payment Method Adjustment Percentage;", "snippet_links": [{"key": "as-specified", "type": "clause", "offset": [17, 29]}, {"key": "by-the-authority", "type": "clause", "offset": [30, 46]}, {"key": "statement-in-writing", "type": "clause", "offset": [63, 83]}, {"key": "in-accordance-with", "type": "definition", "offset": [84, 102]}, {"key": "set-out", "type": "definition", "offset": [139, 146]}, {"key": "annex-1", "type": "definition", "offset": [150, 157]}, {"key": "operating-cost-allowance", "type": "definition", "offset": [210, 234]}, {"key": "headroom-allowance-percentage", "type": "definition", "offset": [240, 269]}, {"key": "earnings-before-interest-and-tax-margin-percentage", "type": "definition", "offset": [275, 325]}, {"key": "payment-method-adjustment-percentage", "type": "definition", "offset": [377, 413]}], "hash": "797034d8a1dfc9a65f1c20be9b21d33a", "id": 7}, {"size": 7, "samples": [{"hash": "lPVSPVwZJFH", "uri": "/contracts/lPVSPVwZJFH#baseline-value", "label": "Employment Agreement (Morgans Hotel Group Co.)", "score": 22.3497604381, "published": true}, {"hash": "fMbWDd2RV1Z", "uri": "/contracts/fMbWDd2RV1Z#baseline-value", "label": "Employment Agreement (Morgans Hotel Group Co.)", "score": 22.3497604381, "published": true}, {"hash": "amSUwCW16AZ", "uri": "/contracts/amSUwCW16AZ#baseline-value", "label": "Employment Agreement (Morgans Hotel Group Co.)", "score": 22.3497604381, "published": true}], "snippet": "means $8.87.", "snippet_links": [], "hash": "c06b945755689f2eac425c0ac35936ce", "id": 8}, {"size": 7, "samples": [{"hash": "lvB3fQ1QJpw", "uri": "/contracts/lvB3fQ1QJpw#baseline-value", "label": "Outperformance Award Agreement (Boston Properties Inc)", "score": 20.054072553, "published": true}, {"hash": "hbITkzdCKYn", "uri": "http://ir.bostonproperties.com/static-files/6f15d3d9-68d0-42e7-ab0c-43b8340e1ca6", "label": "ir.bostonproperties.com", "score": 9.9637234771, "published": false}, {"hash": "b0vdtTOm64v", "uri": "https://investors.bxp.com/static-files/bfdd9e0a-7979-4bd1-a4b6-4673f7f1f30f", "label": "investors.bxp.com", "score": 9.6611909651, "published": false}], "snippet": "means $XX.xxxx, representing the average of the Fair Market Value of one share of Common Stock over the five (5) consecutive trading days ending on, and including, the Effective Date.", "snippet_links": [{"key": "the-fair-market-value", "type": "clause", "offset": [44, 65]}, {"key": "one-share", "type": "definition", "offset": [69, 78]}, {"key": "common-stock", "type": "definition", "offset": [82, 94]}, {"key": "trading-days", "type": "clause", "offset": [125, 137]}, {"key": "the-effective-date", "type": "clause", "offset": [164, 182]}], "hash": "da32f59ee6f61da32d0df7c97ebaa811", "id": 9}, {"size": 5, "samples": [{"hash": "8Y2DOyrmeGD", "uri": "https://www.parlament.gv.at/dokument/XXVIII/EU/109/imfname_11421838.pdf", "label": "www.parlament.gv.at", "score": 19.556848161, "published": false}, {"hash": "7xL0w3QgWkM", "uri": "https://www.europarl.europa.eu/meetdocs/2014_2019/plmrep/COMMITTEES/TRAN/DV/2024/04-09/SES2FinalCompromiseTextvalidatedbyCRP_EN.pdf", "label": "www.europarl.europa.eu", "score": 18.8154637824, "published": false}, {"hash": "5c24AGQDqq3", "uri": "https://data.consilium.europa.eu/doc/document/ST-8311-2024-REV-1/en/pdf", "label": "data.consilium.europa.eu", "score": 18.4727480543, "published": false}], "snippet": "means a value defined for the purpose of setting performance targets and estimated by using actual costs or actual unit costs during the year preceding the start of the relevant reference period;", "snippet_links": [{"key": "for-the-purpose-of", "type": "definition", "offset": [22, 40]}, {"key": "performance-targets", "type": "definition", "offset": [49, 68]}, {"key": "actual-costs", "type": "clause", "offset": [92, 104]}, {"key": "unit-costs", "type": "definition", "offset": [115, 125]}, {"key": "during-the-year", "type": "definition", "offset": [126, 141]}, {"key": "relevant-reference-period", "type": "definition", "offset": [169, 194]}], "hash": "3764b8c7707e3253ff615fb39ca55ebe", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXYmFzZWxpbmUtdmFsdWUjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Baseline Value", "size": 185, "snippet": "for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.", "id": "baseline-value", "examples": ["With respect to any Asset Exchanges in respect of a Covered Asset, a \u201cGain\u201d shall be equal to the amount (if any) by which the aggregate Exchange Values of all Exchange Assets acquired in respect of such Covered Asset (whether Replacement Covered Assets or Ineligible Exchange Assets) exceeds the Adjusted <strong>Baseline Value</strong> of such Covered Asset as of the date of the relevant Asset Exchange.", "Such calculations shall include, without limitation, determinations of Adjusted <strong>Baseline Value</strong>, amounts applied toward the Citigroup Deductible, Exchange Value, calculations relating to Foreign Asset status, Foreclosure Loss, Gains, Hedging Proceeds, Loss, Recoveries and Recovery Expenses.", "Class B Common Units issued at the same <strong>Baseline Value</strong> shall be treated as one subclass of Class B Common Units.", "The \u201cAdjusted <strong>Baseline Value</strong>\u201d of any Replacement Covered Asset shall initially be determined in accordance with Section 6.8 hereof, and thereafter in accordance with this Section 6.2. For the avoidance of doubt, it is understood that in no event shall Adjusted <strong>Baseline Value</strong> be increased for any accretion of value of a Covered Accrual Basis Asset.", "At the Closing of the Acceleration Exchange, Consideration Units representing fifty percent (50%) of the Reduced <strong>Baseline Value</strong> (the \u201cHoldback\u201d) shall not be issued by SSG but shall instead be held back to facilitate a true-up following the issuance of the STEP Audited Financials for the Final Projection Year (it being understood that, without limiting the provisions set forth in Section 1.3, the Cash Election Percentage for such Acceleration Exchange shall not exceed fifty percent (50%) for any Seller).", "A Class B Common Unit shall be entitled only to share in the appreciation in the Fair Market Value of the aggregate equity in the Company over and above its applicable <strong>Baseline Value</strong>.", "For the avoidance of doubt, the <strong>Baseline Value</strong> for all Class B Common Units issued prior to the Effective Date shall not be affected as a result of the Effective Date Transactions.", "For the avoidance of doubt, the Holdback shall not include any cash consideration included in the Reduced <strong>Baseline Value</strong>.", "Budget Year 1 Trend Maintain <strong>Baseline Value</strong> $392,375 Target Value $392,375 Data Source North Carolina Accounting System, DVRS Fiscal Services Collection Process and Calculation All required information and documentation submitted for Division approval.", "A Class B Common Unit shall be entitled only to share in the appreciation in the fair market value of the aggregate equity in the Company over and above its applicable <strong>Baseline Value</strong>."], "related": [["average-value", "Average value", "Average value"], ["ri-value", "RI Value", "RI Value"], ["salvage-value", "Salvage value", "Salvage value"], ["adjusted-value", "Adjusted Value", "Adjusted Value"], ["new-value", "New value", "New value"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}