Benchmark Value definition

Benchmark Value of the relevant Class means the hypothetical Net Asset Value starting from the initial Net Asset Value of the relevant Class at inception and assuming a performance based on the Hurdle Rate of the relevant Class.

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Benchmark Value means spot rate announced by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Base Price at 9:30 a.m. as at a certain date.

Benchmark Value means the Performance Fee High Watermark adjusted by any return

Examples of Benchmark Value in a sentence

Except for any adjustments for Standard Material Costs as described in subsection 7.a.(3) below, the Prices for Products, as specified in the price list dated March 1, 2002 generated by Benchmark’s BaaN system and already provided to STRATUS (which is hereby incorporated by reference and made a part of this Agreement), ordered by and shipped to STRATUS shall be fixed and shall consist of two (2) components: the Standard Material Cost for each Product, and the Benchmark Value Add amount.
The Metal, the Quantity to be leased, Location, the Lease Term, the Commencement Date, the Lease Expiration Date, the Lease Fee and the Benchmark Value shall be as specified in a Lease in the form of Exhibit A hereto or Lease Amendment or Renewal in the form of Exhibit B hereto, in each case, executed by each of the Lessor and the Lessee.
Benchmark Value Add shall consist of all manufacturing costs, expenses (exclusive only of Standard Material Costs), and shall be a flat rate fixed at (***)% of the Standard Material Cost for the Product for the term of the Agreement.
If the Completion NAV as shown in the Completion Account shows a deficit ( or negative value) of more than HK$20,000,000, then the Vendor shall pay to the Purchaser an amount in cash equivalent to the difference between the Completion NAV and the Benchmark Value on a dollar-to-dollar basis within 30 Business Days after the Completion Account is issued and delivered by the Purchaser to the Vendor.
Any Return Target Options that do not become Contingent Options in accordance with this Section 2(c)(iv)(A) (including by virtue of the Assumed Return implied by the Benchmark Value not meeting the applicable minimum vesting threshold) shall be forfeited as of the date of the Qualifying Termination.

More Definitions of Benchmark Value

Benchmark Value means the VWAP of the Class A Ordinary Shares for the last thirty (30) Trading Days prior to the date of determination; (y) “Trading Day” means any day on which the Class A Ordinary Shares are actually traded on the principal securities exchange or securities market on which Class A Ordinary Shares are then traded; and (z) “VWAP” means, for any security as of any date(s), the dollar volume-weighted average price for such security on the principal securities exchange or securities market on which such security is then traded during the period beginning at 9:30:01 a.m., New York time, and ending at 4:00:00 p.m., New York time, as reported by Bloomberg through its “HP” function (set to weighted average) or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time, and ending at 4:00:00 p.m., New York time, as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported by OTC Markets Group Inc. If the VWAP cannot be calculated for such security on such date(s) on any of the foregoing bases, the VWAP of such security on such date(s) shall be the fair market value per share on such date(s) as reasonably determined by the Company.

Benchmark Value means on any date of determination:

Benchmark Value means the total dollar value per Unit attributable to attainment of Success Benchmarks as determined in accordance with Section 5.

Benchmark Value means € 2.50 per Purchaser Share.

Benchmark Value means the spot rate announced by Johnson Matthey as the Base Price at 9:30 a.m. (London time) as at a certain date.

Benchmark Value means --------------- (i) In the case of a Change in Control on account of other than an initial public offering of the stock of one or more of the Affiliated Companies, the aggregate net amount received by the Affiliated Companies, or the shareholders of the Affiliated Companies, LESS any debt for borrowed money of the Affiliated Company(ies) with respect to which the Change in Control occurred that is not assumed by the buyer, PLUS any cash retained by such Affiliated Company(ies). If a Change in Control occurs with respect to one or more Affiliated Company, but not all Affiliated Companies, then the Benchmark Value shall be determined solely with regard to the specific Affiliated Companies with respect to which the Change in Control occurs. To the extent that proceeds are received by the Affiliated Companies or the shareholders of the Affiliated Companies in other than cash or deferred installments of cash, the such other consideration shall be valued in good faith by the Company, for purposes of determining the Benchmark Value. (ii) In all other cases other than those described in the foregoing provisions of this paragraph 1.(c), an amount equal to (A) the Combined EBITDA multiplied by 5, plus (B) cash held by the Affiliated Companies, less (C) debt of the Affiliated Companies (other than trade payables). Benchmark Value shall be determined by the Company's independent accountants, as of the end of the prior fiscal year in the cases described in paragraph 1 (c)(ii) a month in which the termination of employment or Change in Control occurs.

Benchmark Value means the deficit (or negative) amount of HK$20,000,000