Fair Value definition
Fair Value means, with respect to securities or any other assets, other than cash, the fair market value determined by the Board.
Fair Value means the amount at which the assets (both tangible and intangible), in their entirety, of the Borrower and its Subsidiaries taken as a whole would change hands between a willing buyer and a willing seller, within a commercially reasonable period of time, each having reasonable knowledge of the relevant facts, with neither being under any compulsion to act.
Fair Value means the value of a security determined in accordance with Canadian GAAP applicable to publicly accountable enterprises.
Examples of Fair Value in a sentence
Upon the sale of such assets or a determination by the Liquidating Trustee that circumstances no longer require their retention, such assets (at their Fair Value) or the proceeds from their sale shall be taken into account in computing Capital Accounts on winding up and amounts distributable pursuant to Section 6.2(b), and distributed in accordance with such value.
More Definitions of Fair Value
Fair Value means the fair value of a Shared Loss MTM Asset as determined in accordance with FAS 157 as in effect on Bank Closing.
Fair Value when used with respect to Common Stock, means the fair value thereof as determined in good faith by the Board of Directors.
Fair Value means the amount for which an asset could be exchanged, or a liability settled between knowledgeable, willing parties in an arm’s length transaction (as set out in the reporting standards adopted in terms of the Companies Act (Act No. 61 of 1973).
Fair Value means, with respect to any asset or property, the price which could be negotiated in an arm's-length market transaction, for cash, between a willing seller and a willing buyer, neither of whom is under undue pressures or compulsion to complete the transaction. Fair Market Value shall be determined by the board of directors of the Borrower acting in good faith and shall be evidenced by a board resolution delivered to the Lender except that any determination of Fair Market Value made with respect to any parcel of real property shall be made by an independent appraiser.
Fair Value means the value of the relevant asset determined in an arm's-length transaction conducted in good faith between an informed and willing buyer and an informed and willing seller under no compulsion to buy or sell.
Fair Value means the mean of the earning value and the break up value;
Fair Value of an asset means its fair market value.