Exit Value definition

Exit Value means, with respect to each share of Company Stock, the aggregate amount of cash and Marketable Securities received by the Kelso Entities (after giving effect to all payments under the Plan). Exit Value shall (a) be determined in good faith by the Committee on the date of each Liquidity Event and (b) include any cash or Marketable Securities received by the Kelso Entities as a result of any prior Liquidity Event. Subject to the foregoing criteria, any determination made in good faith by the Committee as to Exit Value of each share of Company Stock shall be binding on the Company and all Holders. For all purposes of this definition, the value of any Marketable Securities shall be determined on the date of receipt.

Exit Value shall be a cumulative number, such that the "Exit Value" resulting from any prior Exit Events shall be added to the "Exit Value" obtained in the current "Exit Event" in order to determine the "Exit Value" following any Exit Event.

Exit Value means, with respect to each share of Common Stock, ---------- the value, on the date of an Exit Event, equal to: (i) the sum of (a) the aggre gate value of the consideration received by the holders of the Common Stock (in cluding shares issued as a result of the exercise of Options upon such Exit Event) solely in consideration for the sale or transfer of such shares of Common Stock, plus (b) all dividends paid, if any, to stockholders after the date hereof but prior to or in connection with such sale or transfer, divided by (ii) the total number of shares of Common Stock (including shares issued as a result of the exercise of Options upon such Exit Event) sold (or otherwise transferred) by such holders. The "aggregate value of the consideration" referred to in the preceding sentence shall be determined in good faith by the Board prior to the Exit Event. Subject to the foregoing criteria, any determination made in good faith by the Board as to the Exit Value of each share of Common Stock shall be binding on the Company and all Holders.

Examples of Exit Value in a sentence

• The Economic Development Impact of the amount indirectly invested by such third party in a Utah-based Operating Company through its investment in a Utah-based Investment Fund shall, at the time of determination, be measured by reference to the greater of the Cost of such investment or the Exit Value of such investment, in each case, as attributable to such third party.

• For any surrender which triggers exit from any Guaranteed Crediting Interest Rate Lock benefit, whether in partial or in full, we reserve the right to apply an Exit Value Adjustment before processing such surrender as we shall determine if necessary to protect the interests of other policyholders.

• A confirmation may be provided from time to time to update the Cost of investments made, any outstanding commitments to invest and the Exit Value of investments, which update shall be taken into account in determining Economic Development Impact attributable to the Corporation through the date of the most recent confirmation.

• For due performance of his/their obligations under the Contract, during the validity, the successful tenderers shall have to deposit 10% of the Contract value as Security Deposit which will be free of interest, immediately after conclusion of the Contract .

• For any partial exit, any Exit Value Adjustment shall only apply to that affected portion of the Account Value.

More Definitions of Exit Value

Exit Value. (i) means: on or after a Listing,

Exit Value means (i) in the case of a Change of Control, the net cash payments or value of other consideration paid to the Company or its stockholders on a fully-diluted, per share basis or (ii) in the case of an IPO, the forty-five (45) consecutive trading-day volume weighted average price of the Company’s Common Stock at any time following the expiration of all applicable “lock-up” periods.

Exit Value means, for each Exit Event, the product of (i) the price per First Reserve Unit received upon an Exit Event, which shall be determined assuming that all proceeds from the Exit Event are distributed in accordance with Section 13.2 and that all Profits Units are issued and outstanding at the date of the Exit Event (but excluding Profits Units (including, but not limited to, Exit Units issued hereunder) that by their terms are canceled in conjunction with the occurrence of such Exit Event) and (ii) the First Reserve Units. "Exit Value" shall be a cumulative number, such that the "Exit Value" resulting from any prior Exit Events shall be added to the "Exit Value" obtained in the current "Exit Event" in order to determine the "Exit Value" following any Exit Event.

Exit Value means the entire value received (and to be received) by the Capital Investors (including the value of any dividends or other distributions), without duplication, from the Effective Date through the occurrence of a disposition of Membership Interests.

Exit Value means the aggregate amount owing to a Lender upon a Qualified Exit, such amount calculated by: (A) multiplying the applicable Multiple (determined in accordance with the terms of this Agreement) by the Principal Amount; and (B) adding any interest due and payable to the amount in (A).

Exit Value obtained in the current "Exit Event" in order to determine the "Exit Value" following any Exit Event.

Exit Value means five (5) years of discounted Projected Cash Flow (as defined below); plus, in either case, the net book value (determined in accordance with U.S. generally accepted accounting principles then in effect) of the tangible assets of the Bottler used in the conduct of Bottler's Fountain Business, less related liabilities assumed by the Company. The discount factor to be used in connection with any calculation of Exit Value shall be the EXHIBIT F-1 WEIGHTED AVERAGE COST OF CAPITAL (WACC) PepsiCo's WACC is determined by taking the average of the long term expected return on debt and equity, weighted by their proportion in PepsiCo's capital structure: WACC = Rd x D% + Rd x E% Rd = Expected after-tax return on debt D% = Percentage of Net Debt to Total Capital Re = Expected return on Equity E% = Percentage of Equity to Total Capital Rd is the after-tax yield on a 30-year PepsiCo bond. Re is determined by using the Capital Asset Pricing Model. Re = Rf + Beta x (Rm-Rf) Rf = 30-year Treasury yield Beta = PepsiCo's Beta, (value line) Rf-Rm = Market risk premium, (Alcar)