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 has the meaning specified in Section 3.3.

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 means the excess amount, if any, that the fair market value of the Purchased Shares, the Pledged Series D Stock 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.

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 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 means, with respect to an Award, the dollar value of such Award multiplied by a fraction, the numerator of which is the Excess Amount and the denominator of which is the sum of the Dollar-Based Cap and the Excess Amount.

Excess Value. Carrier's maximum cargo liability per shipment is $500,000. For those shipments valued in excess of $500,000, Carrier is not liable to pay for a greater proportion of liability for loss or damage than $500,000 bears to 100% of the value of the goods.

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 shall be an amount determined by the Company equal to the product of: (a) 100 per cent. less the most recently determined Provisional Allocation Percentage of such Over-Allocated Signatory; and (b) the relevant Intermediary Distribution Value and/or Recoverable Delivery Value (as applicable).