Going-In Value definition
Going-In Value means seven and ▇▇/▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Dollars (US$7.50), except that if, as of the date the Going-In Value is used in any calculation, there has occurred any subdivision or combination of outstanding shares of common stock, that amount shall be proportionately reduced or increased, as appropriate, or if, as of that date, shares of Common Stock have been issued as a dividend or other distribution on Common Stock, that amount shall be multiplied by a fraction (i) the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to the declaration or payment of such dividend or other distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after the declaration or payment of such dividend or other distribution.
Going-In Value means nine and 30/100 United States Dollars (US$9.30), except that if, as of the date the Going-In Value is used in any calculation, there has occurred any subdivision or combination of outstanding shares of common stock, that amount shall be proportionately reduced or increased, as appropriate, or if, as of that date, shares of Common Stock have been issued as a dividend or other distribution on Common Sock, that amount shall be multiplied by a fraction (i) the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to the declaration or payment of such dividend or other distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after the declaration or payment of such dividend or other distribution;
Going-In Value means the sum agreed in the Schedule as the insured value of the Pre-existing Vessel at the commencement of the Period of the Insurance. The Going- in Value shall not be included in Material Cost.