FC Equity Value definition

FC Equity Value of any Asset Pool shall mean the amount determined by multiplying (A) the FC Percentage in the PFAL Portfolio Entity which owns such Asset Pool by (B) the amount by which (x) the Net Present Value of the assets of such Asset Pool exceeds (y) the sum of outstanding principal amount of Indebtedness of the PFAL Portfolio Entity incurred with respect to the acquisition of such Asset Pool plus the proportional amount (determined on the basis of the Net Present Value of such Asset Pool relative to the Net Present Value of all Asset Pools) of other Indebtedness (if any) of such PFAL Portfolio Entity other than any such Indebtedness incurred to finance the acquisition of a different Asset Pool of such PFAL Portfolio Entity plus the proportional amount (determined on the basis of the Net Present Value of such Asset Pool relative to the Net Present Value of all Asset Pools) of the outstanding amount of all other obligations in respect of which such PFAL Portfolio Entity has issued any Guaranty Equivalent (if any).
View Source
FC Equity Value of any Existing S Co. or Mid Tier Company Post-AE which is not a PFAL Portfolio Entity (any such Mid-Tier Company, an "Applicable Mid-Tier Company") shall mean the amount determined by multiplying (A) the FC Percentage in such Existing S Co. or Applicable Mid-Tier Company by (B) the amount by which (x) the Net Present Value of the assets of such Existing S Co. or Applicable Mid-Tier Company (other than assets consisting of Equity Interests issued by any other Secondary Obligor) exceeds (y) the sum of outstanding principal amount of Indebtedness of such Existing S Co. or Applicable Mid-Tier Company (as the case may be) plus (without duplication) the outstanding principal amount of all obligations in respect of which such Existing S Co. or Applicable Mid-Tier Company (as the case may be) has issued any Guaranty Equivalent.
View Source

Related to FC Equity Value

  • Equity Value means the amount by which the true and fair value of a residence exceeds the total amount of all liens, obliga- tions, and encumbrances against the property, excluding deferral liens. As used in this context, the "true and fair value" of a resi- dence is the value shown on the county tax rolls maintained by the as- sessor for the assessment year in which the deferral claim is made.

  • Net Equity Value means, at any time, the total assets of the applicable business less the total liabilities of such business less the amounts attributable to the minority interest in such business, in each case as determined on a consolidated basis, in accordance with GAAP, subject to the last sentence of the definition of Capitalization Value.

  • Total Equity Value means, as of any date of determination, the aggregate proceeds which would be received by the Unitholders if: (i) the assets of the Company were sold at their fair market value to an independent third-party on arm’s-length terms, with neither the seller nor the buyer being under compulsion to buy or sell such assets; (ii) the Company satisfied and paid in full all of its obligations and liabilities (including all Taxes, costs and expenses incurred in connection with such transaction and any amounts reserved by the Manager with respect to any contingent or other liabilities); and (iii) such net sale proceeds were then distributed in accordance with Section 4.1, all as determined by the Manager in good faith based upon the Class A Common Stock Value as of such date.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.