FBO Enterprise Value definition

FBO Enterprise Value has the meaning set forth in the Loan Agreement as in effect on the date hereof.
FBO Enterprise Value has the meaning given to such term in the Senior Credit Agreement.
FBO Enterprise Value means the value of the FBOs other than the Excluded FBOs, as determined by Agent in its sole discretion, exercised in good faith (with a reference point being an appraisal by an independent appraiser acceptable to Agent), determined by assessing the value of stockholders' equity plus the stated value of interest bearing debt, when sold in a 6 to 12 month time frame, and includes discounts to reflect a sale in less than optimal time.