External Valuation definition

External Valuation means a valuation of the Properties prepared and issued by an independent and reputable appraiser, specifying the value of the Properties.
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External Valuation means the independent Program valuation prepared by ▇▇▇▇▇ & ▇▇▇▇▇ Inc. of Vancouver, British Columbia, Canada.
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External Valuation means the per share price established by the ------------------ most recent equity investment in ErythroMed by an independent third party in an arm's length transaction in excess of [*****] provided, however, that if, at the time of the event giving rise to such valuation, ErythroMed shall have publicly traded Common Stock, the External Valuation shall be [*****] of the average bid price of ErythroMed's Common Stock during the [*****] period preceding such event giving rise to such valuation or, if such public market has not existed through such [*****] period, then the public offering prices for such shares occurring during such period. All such shares to be issued to Medarex while ErythroMed has publicly traded Common Stock shall be fully paid, nonassessable, registered and freely tradeable shares without restrictions.
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Examples of External Valuation in a sentence

  • If ▇▇▇▇▇ or ▇▇▇▇▇▇▇ elects to exercise the Put Right, each of ▇▇▇▇▇ and ▇▇▇▇▇▇▇, as applicable, shall sell all but not less than all of his Membership Interests, free and clear of all encumbrances, at the purchase price for his Membership Interests determined by an External Valuation, no later than thirty (30) days after the date of the Put Notice.

  • If the Company elects to exercise the Call Right, ▇▇▇▇▇ or ▇▇▇▇▇▇▇, as applicable, shall sell all but not less than all of his Membership Interests and the Company shall purchase all but not less than all of ▇▇▇▇▇’▇ or ▇▇▇▇▇▇▇’▇, as applicable, Membership Interests, free and clear of all encumbrances, at the purchase price for his Membership Interests determined by an External Valuation no later than thirty (30) days after the date of the Call Notice.

  • Each External Valuation Report will cover, at a minimum, approximately twenty-five percent (25%) of the FCC Loans on a rotating basis, so that (A) each FCC Loan, greater than 1.5% of the aggregate Fair Value of all FCC Loans, will be evaluated at least once during each Fiscal Year and (B) notwithstanding the immediately preceding clause (A), not less than ninety percent (90%) of all FCC Loans will be evaluated during each Fiscal Year.

  • If ▇▇▇▇▇ or ▇▇▇▇▇▇▇ are terminated “For Cause,” then the External Valuation used to determine the value of the Membership Interest shall be required to incorporate the Discount Factors, but in no event shall such discounts be in excess of twenty percent (20%).

  • However, the Borrower shall cause to be prepared and delivered to the Agent and the Lenders an External Valuation Report every other fiscal quarter (i.e., every six months) (i) for each Second Lien Loan, unless the Average Excess Availability is greater than or equal to $10,000,000 for the two full months preceding the month in which such External Valuation Report would have to be delivered and (ii) for each FCC Loan that is included in any Borrowing Base Certificate and has a Fair Value Rating below 96.


More Definitions of External Valuation

External Valuation means a determination of the fair value of the Company as of the close of the month prior to the month in which the event triggering a buy-out right occurs, determined by an unrelated third party with at least fifteen (15) years’ experience and expertise in private company valuations and an “ABV” (Accredited in Business Valuation), “ASA” (Accredited Senior Appraiser), “CVA” (Certified Valuation Analyst), “AVA” (Accredited Valuation Analyst) or “CBA” (Certified Business Appraiser) credential, jointly selected by Representatives selected by each party (one by the purchaser and one by the seller), which Representatives also must have at least fifteen (15) years’ experience and expertise in private company valuations and an ABV, ASA, CVA, AVA or CBA credential. The Representatives will provide the evaluator with information and materials they deem relevant to value the Company; the valuation issued by the jointly-selected evaluator will be final and binding on all parties. To the extent necessary or appropriate, the Company’s accountants shall determine the value of the respective Membership Interests once the evaluator has made its determination of the Company value. Except as otherwise expressly provided in this Agreement, the expense of the External Valuation will be borne by the Company; provided, however, that any External Valuation conducted in connection with the “For Cause” termination of ▇▇▇▇▇ or ▇▇▇▇▇▇▇ shall be borne by the terminated party and paid in full at Closing, setoff against the amount owed by the Company.
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External Valuation means the Program valuation prepared for Purchaser by emc partners of ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇., ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇.
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