Call Value definition

Call Value of an Earned Unit means:
Call Value means, as of the date of determination, (a) if the Common Stock is listed on a national stock exchange or quotation system, the closing price of a share of the Common Stock on the principal exchange on which the Common Stock is then traded or on the quotation system then constituting the primary market for the Common Stock on such date, or (b) if the Common Stock is not listed on a national exchange or quotation system, the fair market value of the Common Stock as determined in good faith by the Board of Directors of Parent as of such date based upon the most recent 409(A) valuation of the Common Stock delivered to the Board of Directors of Parent.
Call Value means the value of IPR Rights or Spin Off Shares Owned by the Applicant as at the date of the Conversion Notice which is agreed with the Applicant or, in default of agreement, determined by a reputable firm of accountants nominated by the Institution.

Examples of Call Value in a sentence

  • The purchase price to be paid by the Partnership in connection with the exercise of the Series D Call Right shall be the product of (A) the Series D Call Value per Series D Preferred Unit to be acquired pursuant to the Series D Call Right (subject to appropriate adjustment for any equity distribution, subdivision or combination of Partnership Interests), multiplied by (B) 1.03.

  • The purchase price to be paid by the Partnership in connection with the exercise of the Series E Call Right shall be the Series E Call Value per Series E Preferred Unit to be acquired pursuant to the Series E Call Right (subject to appropriate adjustment for any equity distribution, subdivision or combination of Partnership Interests).

  • Upon the occurrence of a Call Event, the Partnership, at its option (exercisable at any time during the 60-day period following the date of such Call Event), may (but the Partnership shall have no obligation to) purchase all (or any portion elected by the Partnership in its sole discretion) of the Earned Units held by Executive (or by Executive’s estate), for a purchase price per Earned Unit equal to the Call Value at the time of the Call Event.

  • If Parent desires to exercise the Call Right, then Parent shall deliver to the Holders a written notice (the “Call Notice”) specifying the number of issued Parent Shares (the “Repurchased Issued Shares”) and/or the number of unissued Parent Shares (the “Repurchased Unissued Shares”) for which Parent desires to exercise the Call Right, and the applicable Call Value thereof.

  • The maximum number of Additional Shares which may be issued and sold shall be determined on the basis of the Capital Call Value of the Company on the date of the Capital Call Notice and shall equal: (i) the number of Class A Units prior to the Capital Call Notice; (ii) multiplied by a fraction, the numerator of which is the aggregate amount of the Necessary Funds and the denominator of which is the Capital Call Value of the Company immediately prior to the Capital Call Notice .

  • For example, if (i) the VWAP per Common Share were $6.00, and (ii) the then current Option Price per share was $3.00, and (iii) the number of Common Shares remaining under the Purchase Option was 4,000,000, then (X) the Call Value would be $12,000,000, and (Y) the total number of Common Shares to be issued in satisfaction of the Call Option would be 2,000,000 Common Shares.

  • Commencing on the Consummation, and at any time thereafter, CBI and/or any of its Affiliates shall have the option to purchase the Interests owned by the AT&T PCS Member Group in the Company (the "Call") for a purchase price equal to an amount that is $85.0 million dollars accreting daily at an annual rate of 5% compounding monthly from the Effective Date to and including the date of closing of the Call (the "Call Value").

  • If the closing of the Call has not occurred prior to January 31, 2006, then on such date, the Call Value shall be adjusted down to $83.0 million and shall begin accreting again on the same terms from such date.


More Definitions of Call Value

Call Value means four (4) times Adjusted EBITDA, the product of which shall be reduced by (i) the outstanding principal and accrued interest owing by the Corporation to The CIT Group/Credit Finance Inc. or the Corporation's then current primary lender(s), on the Valuation Date, to a maximum reduction of the sum of Five Million Dollars ($5,000,000.00); and (ii) any acquisition debt of the Corporation approved by the Board of Directors.
Call Value the price based upon the net tangible book value of the Common Stock determined based upon the Company’s most recent audited fiscal year-end financials prepared in accordance with generally accepted accounting principles.
Call Value has the meaning ascribed to such term in Section 2(a).
Call Value shall have the meaning set forth in Section 7.4(d)(i) of this Agreement.
Call Value means with respect to a Reference Obligation or Delivered Obligation on any date of calculation, the highest bid obtained by the CDS Counterparty from a financial institution (other than the CDS Counterparty or its affiliates) rated at least "F1" by Fitch and "A-1" by S&P. The Call Value of a Reference Obligation or Delivered Obligation shall include the bid amount for any accrued and unpaid interest on the date of calculation.