Earnings Value definition

Earnings Value means an amount equal to (i) six (6) times the Consolidated earnings of the Company and its Subsidiaries before amortization, depreciation, interest and taxes for the preceding fiscal year, less outstanding Indebtedness, plus the average amount of cash and marketable securities of the Company for the preceding fiscal year (using month end balances to obtain such average), divided by (ii) the number of Fully Diluted Outstanding shares of Common Stock, as of such date.
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Earnings Value means, with respect to a share of Common Stock, ((A*B)– C+D))/E, where:
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Earnings Value or "EV" as used herein shall be the cumulative net earnings per share of Common Stock (calculated on a "basic" rather than "fully diluted" basis) for the period (the "EV Measurement Period") beginning January 1, 2005 and ending on December 31, 2007 or the earlier date referred to in Sections 3.2 or 5 hereof (the "EV Measurement Date").
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Examples of Earnings Value in a sentence

  • The purchase price payable to each Holder for Warrants purchased pursuant to this Section 6.1 shall be equal to such Holder's Percentage multiplied by the greater of (i) the Earnings Value and (ii) the Fair Market Value on the date of such purchase.

  • During the term of this Lease, SAMP shall maintain Business Interruption coverage utilizing a Gross Earnings Value form with limits equal to twelve (12) months of ▇▇▇▇'s projected profits (including all rental income) associated with the Leased Property.

  • If any fraction of a share would, but for this Section, be issuable upon any exercise of this Warrant, in lieu of such fractional share the Company shall pay to the Holder, in cash, an amount equal to the same fraction of the greater of the Earnings Value or Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.

  • The purchase price payable to each Holder of Warrants purchased pursuant to this Section 6.2 (a) shall be equal to such Holder's Percentage multiplied by the greater of (i) the Earnings Value (using a multiple of 6.5) and (ii) the Fair Market Value on the date of such purchase.

  • During the term of this Lease, JoePC shall maintain Business Interruption coverage utilizing a Gross Earnings Value form with limits equal to twelve (12) months of JoePC’s projected profits (including all rental income) associated with the Leased Property.

  • Such notice or other communication shall be sent to the following address(es) (or such other address(es) as a Partner may designate from time to time in writing): If to SBC or SBC Sub: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Senior Vice President-Consumer Markets SBC Communications Inc.

  • During the term of the Agreement, Developer shall maintain Business Interruption coverage utilizing a Gross Earnings Value form with limits equal to twelve (12) months of Developer’s projected profits (including all rental income) associated with the Project.

  • The purchase price payable to each Holder of Warrants purchased pursuant to this Section 6.2(b) shall be equal to such Holder's Percentage multiplied by the greater of (i) the Earnings Value (using a multiple of 7.5) and (ii) the Fair Market Value on the date of such purchase.

  • During the term of this Lease, SAMP shall maintain Business Interruption coverage utilizing a Gross Earnings Value form with limits equal to twelve (12) months of SAMP's projected profits (including all rental income) associated with the Leased Property.

  • Upon each determination of Earnings Value, Fair Market Value and Market Price hereunder, the Company shall promptly give notice thereof to all Warrantholders, setting forth in reasonable detail the calculation of such Earnings Value or Market Price or the method and basis of determination of such Fair Market Value, as the case may be.


More Definitions of Earnings Value

Earnings Value means, as at any date of determination, an amount equal (A) to the sum of (a) the greater of (i) net income of the Company and its Subsidiaries during the 12-month period ending on the last day of the most recently ended fiscal quarter of the Company and (ii) net income of the Company and its Subsidiaries during the most recently ended fiscal year of the Company, in each case determined on a consolidated basis in accordance with GAAP, plus (b) all federal, state and local income and franchise taxes deducted from income in determining such net income, minus (c) all extraordinary or nonrecurring losses and gains, and any losses and gains from the sale or dispositions of assets other than in the ordinary course of business, plus (d) all depreciation, amortization and interest expense during such period, each determined in accordance with GAAP, plus (e) all cash and cash equivalents of the Company and its Subsidiaries determined in accordance with GAAP, minus (f) the amount of indebtedness of the Company and its Subsidiaries under the Credit Agreement, times (B) a multiple of five and one half (5.5), except that in the event of a Call under Section 6.2(a) the multiple shall be six and one half (6.5) and that in the event of a Call under Section 6.2(b) the multiple shall be seven and one half (7.5).
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