Control Valuation Event definition

Control Valuation Event means any event upon the occurrence of which, if the relevant Property were to be sold at the market value (or, in the case of the Access Self Storage Properties, 90% of the market value) contained in the last valuation to have been obtained prior to such date, the applicable Junior Lender would receive less than 25 per cent. of the initial amount of the Junior Debt.
Control Valuation Event means, in relation to the 15 Westferry Circus Intercreditor, a determination by the Facility Agent that the value of the 15 Westferry Circus Property is less than 125 per cent. of the outstanding amount of the Senior Debt and, in relation to the Linklaters HQ Intercreditor, if the Property were to be sold at the market value specified in the most recent valuation to have been obtained prior to such date, the Junior Lender would receive less than 25 per cent. of the initial amount of the Junior Debt.

Related to Control Valuation Event

  • Valuation Event means an event in which the Company at any time during a Valuation Period takes any of the following actions:

  • Change of Control Value means (i) the per share price offered to stockholders of the Company in any such merger, consolidation, reorganization, sale of assets or dissolution transaction, (ii) the price per share offered to stockholders of the Company in any tender offer or exchange offer whereby a Change of Control takes place, or (iii) if such Change of Control occurs other than pursuant to a tender or exchange offer, the Fair Market Value per share of the shares into which Awards are exercisable, as determined by the Committee, whichever is applicable. In the event that the consideration offered to stockholders of the Company 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.

  • Deemed Liquidation Event shall have the meaning given to such term in the Certificate of Incorporation.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.