Estimated Value definition
Examples of Estimated Value in a sentence
Notwithstanding anything to the contrary in this Agreement, Rapaport’s liability under this Agreement is expressly limited to a sum equal to the Estimated Value of the Merchandise provided to Rapaport less the amount of any payments that Rapaport delivered to or for the benefit of the Supplier with respect to such Merchandise.
Notwithstanding anything to the contrary in this Agreement, ▇▇▇▇▇▇▇▇’▇ liability under this Agreement is expressly limited to a sum equal to the Estimated Value of the Merchandise provided to Rapaport less the amount of any payments that Rapaport delivered to or for the benefit of the Supplier with respect to such Merchandise.
In the event of default of an obligation whose subsequent fulfillment is impossible or is not usable by the CONTRACTING PARTY, at its sole discretion, the Notice of Default will not be necessary, so that the CONTRACTING PARTY may directly apply a fine in the amount of 10% (ten percent) of the Estimated Value of the Contract, immediately after the CONTRACTOR receives a notification for this purpose (“Notice of Fine”), and the CONTRACTOR may use the same expedient, in similar cases.
For this purpose, "Estimated Value" shall be equal to 80% of the total proceeds such defaulting Member would receive upon a liquidation of the Company at its "Net Fair Market Value" and a distribution to the Members in accordance with SECTIONS 3.06(d) and 2.06(c) hereof.
The price for such vested Carried Interest Percentage (determined as of the date the Partnership notifies the Former Partner of its election to purchase such Carried Interest Percentage) will equal the Former Partner’s Estimated Value Capital Account attributable to such vested Carried Interest Percentage and his or her unvested Carried Interest Percentage will be forfeited to the Partnership without any consideration being paid therefor.