Cash-Out Value definition
Cash-Out Value for a Company Option means an amount, which amount cannot be less than zero, equal to (a) the product of (i) the number of Company Shares for which such Company Option may be exercised and (ii) the 5-Day VWAP of the Company Shares, minus (b) the exercise price of such Company Option.
Cash-Out Value means the amount determined in Clause (i) or (ii), whichever is applicable, as follows: (i) the per Unit price offered to equityholders of the Partnership in any merger or consolidation or (iii) in the event of a reorganization, the Fair Market Value per Unit determined by the Committee as of the date determined by the Committee to be the date of cancellation and surrender of an Award. In the event that the consideration offered to equityholders of the Partnership in any transaction described in this definition consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than cash.
Cash-Out Value means the net aggregate consideration received by the -------------- holders of Common Stock in connection with a Cash-Out Event, after deduction of any transaction costs incurred by or paid by the Company and its stockholders in connection with the Cash-Out Event, including but not limited to any termination, severance or other payments made in connection with the Cash-Out Event in respect of employment, stock appreciation right or similar arrangements with the employees of the Companies.
Examples of Cash-Out Value in a sentence
Section 9.03(c) Cash-Out Value.................................................................
More Definitions of Cash-Out Value
Cash-Out Value means, with respect to each Holder who makes a Cash-Out Election, (a) so long as the Cash-Out Electors’ Aggregate Equity Allocation does not exceed 20% of the Unsecured Claims Equity Allocation, then one-half the Pre-Money Equity Value assigned to such Holder’s Claims participating in the Cash-Out Election and (b) if the Cash-Out Electors’ Aggregate Equity Allocation exceeds 20%, then one-half the Pre-Money Equity Value assigned to such Claims multiplied by a fraction in which the numerator is 20 and the denominator is the Cash-Out Electors’ Aggregate Equity Allocation.
Cash-Out Value means the theoretical value of the Warrant determined by a nationally recognized firm of independent public accountants retained by the Company using a conventional Black-Scholes or other commercially reasonable option valuation model selected by such firm and reasonably acceptable to the Company, such Cash-Out Value being determined on the basis of the following factors (the "Cash-Out Valuation Factors"):
Cash-Out Value means, at any time, with respect to any Option or the Shares subject thereto, ... the fair market value of such Option ... as represented by the
Cash-Out Value means an amount equal to (a) the product of (i) the number of New Gold Shares underlying a New Gold Option, and (ii) the 5-Day VWAP of the New Gold Shares, minus (b) the aggregate exercise price of such New Gold Option;