Charter Value definition

Charter Value means the value of a Party’s Time Charters determined pursuant to this Agreement of a specified date.
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Charter Value equals the sum of (i) Eleven Billion Two Hundred Seventy-Two Million Seven Hundred Thousand Dollars ($11,272,700,000) less liabilities of the Company and its Subsidiaries (determined on a consolidated basis in accordance with generally accepted accounting principles) on the Class D Common Measuring Date, (ii) with respect to assets that are acquired by the Company or its Subsidiaries on or after May 26, 1999 and on or before the Class D Common Measuring Date (other than assets described in clauses (iii) and (iv)), the product of 17 and the projected operating cash flow of such assets for the calendar year ended December 31, 2000, determined in a manner consistent with information provided to Falcon on May 24, 1999 (the "Cash Flow Projections"), (iii) the purchase price (including liabilities assumed) of assets that are acquired by the Company from parties related to CII (other than assets acquired by CII or any of its Affiliates from unrelated third parties and contributed to the Company on or after May 26, 1999 and on or before the Class D Common Measuring Date) for a purchase price less than Ten Million Dollars ($10,000,000) in the aggregate, (iv) the value of assets that are acquired by the Company from parties related to CII (other than assets acquired by CII or any of its Affiliates from unrelated third parties and contributed to the Company on or before the Class D Common Measuring Date and other than assets described in clause (iii)) which value shall be determined by the Board and Jera▇▇ ▇▇▇▇ ▇▇ good faith, and (v) with respect to assets that are subject to definitive agreements prior to the Class D Common Measuring Date, but which have not been acquired by the Company or its Subsidiaries on or before the Class D Common Measuring Date, the product of 17 and the projected operating cash flow of such assets for the calendar year ended December 31, 2000, determined in a manner consistent with the Cash Flow Projections.
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Charter Value means an amount equal to the average closing bid or sale price of the Parent Common Stock over the 30 day period ending 3 business days prior to the Closing.
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Examples of Charter Value in a sentence

  • Citadel and Dispatch will instruct Clarksons that the methodology used in determining Charter Value as at the Lockbox Date must be the same as that used to determine the Charter Values as of July 31, 2018, and will use their respective Commercially Reasonable Efforts to cause Clarksons to deliver its determination as promptly as practicable and in any event not later than five Business Days from the Lockbox Date.

  • Properly interpreted in its historical and philosophical context, the Charter Value of human dignity is a correlate to the sanctity of human life.

  • At any time at least 180 days prior ------------------------- to the scheduled expiration of the Base Charter Term or any Renewal Term, the Charterer may notify the Shipowner that it desires to obtain an appraisal with respect to the Fair Market Charter Value of the Vessel as of such expiration.

  • Promptly after the Charterer shall have delivered such notice, the Charterer and the Shipowner shall attempt to agree upon the Fair Market Charter Value for the period or periods specified by the Charterer.


More Definitions of Charter Value

Charter Value set forth in Section 1.27.1 of the form of Charter LLC Operating Agreement attached to the Third Amendment as Exhibit II is required to be determined in accordance with the following formula: (a) the product of seventeen (17) and the following: (i) the projected EBITDA for the calendar year ended December 31, 2000 of the assets owned by Charter LLC on May 26, 1999 (as reflected in the definition of the term "Charter Holdings Value" in Exhibit D to the Purchase and Contribution Agreement), plus (ii) the projected EBITDA for the calendar year ended December 31, 2000 of the assets owned by Charter LLC as of the Closing Date (other than the assets acquired by Charter LLC pursuant to the Purchase and Contribution Agreement and the assets owned by Charter LLC as of May 26, 1999), plus (iii) the projected
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Related to Charter Value

  • SPS AER Value means the Underlying Reference Value.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Company Valuation means $435,000,000.