Excess Value definition

Excess Value means the difference between (a) the market value of any Liquid Securities and (b) the book value of such Liquid Securities.

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Excess Value means the amount by which the Net Appraised Value exceeds the sum of 100% of Invested Capital, plus an amount equal to a specified cumulative, non-compounded per annum return on Invested Capital, calculated on a weighted average daily basis, less all prior Dividends and other distributions.

Excess Value means the excess amount, if any, that the fair market value of the Purchased Shares and Collateral then held in pledge is over 150% of the total unpaid principal and accrued interest of the Note, as such foregoing amounts are determined each time that Optionee requests a release of shares from pledge.

Examples of Excess Value in a sentence

• For purposes of this Agreement, and without limitation, the following is an example of the application of Section 3.3.3 of this Agreement: Assuming the Patent Value is Twenty-Four Million Dollars ($24,000,000.00) and the Shares Value is Twenty-Five Million Dollars ($25,000,000.00), then the Excess Value is One Million Dollars ($1,000,000.00) (i.e., $25,000,000.00 -$24,000,000.00).

• In the event Excess Value exists upon a termination of Executive’s employment pursuant to this Section 7(c), then the each of the Death Benefits shall be prorated based on a percentage equal to (A) the Excess Value divided by (B) the aggregate Value of the Death Benefits.

• If a Signatory receives or has received an Intermediary Distribution, whether before or after its Accession Date, any subsequent Allocation Amount(s) which would have been Allocated to such Signatory up to the Excess Value shall be Allocated to other Signatories in respect of the same Asset Pool in accordance with Clause 45.3.7.

• For purposes of calculating the Excess Value below, the number of a Stockholder’s “Covered Shares” shall consist of such Stockholder’s Covered Existing Shares and such additional Covered Shares acquired after the date hereof as to which, but only to the extent that, such Stockholder has a pecuniary interest therein as of the time of the termination of, or immediately prior to the Effective Time under, the Merger Agreement, as applicable.

• If the Average Maximum Inventory Value (“A”) exceeds the Maximum Inventory Value (“B”) by an amount (“C”) less than Excess Value (“D”), then Citi shall within five (5) Business Days consent to a reduction in the undrawn amount of such Section 3.3 Letter(s) of Credit in an aggregate amount equal to D minus C (“E”), and the “Excess Value” and undrawn amount of such Section 3.3 Letter of Credit shall then be C.

More Definitions of Excess Value

Excess Value has the meaning specified in Section 3.3.

Excess Value means the excess over $30,000,000 (thirty million) US Dollars of the Fair Market Value of all equity interests in the Company.

Excess Value means (i) the positive or negative difference between the Market Value of the Vessels and the book value of the Vessels on the day of valuation and (ii) the positive or negative difference between the market value and book value of all other tangible and intangible assets, determined in accordance with IFRS, consistently applied."

Excess Value has the meaning set forth in Section 12.13(a).

Excess Value means the difference (positive or negative) between the book value of the Adjusted Assets as included in the latest Financial Reports and their Market Value at the end of the relevant interim period, to be calculated as follows:

Excess Value means the excess, if any, of (i) the sum of (A) the Agreed Value of the Cox Teleport Assets contributed pursuant to Section 2.3(a)(ii) on the First Closing Date, plus (B) the aggregate amount of the Original Capital Contribution and all other Additional Capital Contributions made by Cox prior to and on the First Closing Date, over (ii) the product of

Excess Value in respect of any consignment means the amount by which the value declared by a consignor exceeds the amount of liability of a railway administration as specified or calculated under the rules.