Guaranteed Minimum Value definition

Guaranteed Minimum Value shall be an amount determined pursuant to the following table (which amounts shall be adjusted in the same manner and at the same time as the Exercise Price is adjusted pursuant to the terms of Article VI of the Securityholder Agreement): Date of this Agreement $13.00 On the first anniversary of the date of this Agreement $14.56 On the second anniversary of the date of this Agreement $16.34 BUS_RE/5482998.3 On the third anniversary of the date of this Agreement $18.36 On the fourth anniversary of the date of this Agreement $20.66 On the fifth anniversary of the date of this Agreement $23.28 On the sixth anniversary of the date of this Agreement $26.25 On the seventh anniversary of the date of this Agreement $29.64 On the eighth anniversary of the date of this Agreement $33.49 On a date that is in between the date of this Agreement and the eighth anniversary of this Agreement (not including the date that is the first, second, third, fourth, fifth, sixth, seventh or eighth anniversary of the date of this Agreement) An amount equal to: A + ((B – A) * (C/365))Where:A = the Guaranteed Minimum Value of the first anniversary immediately preceding the date of the Early Cash-Out Notice or the Change of Control Notice (either such notice, the “Notice”)B = the Guaranteed Minimum Value of the first anniversary immediately following the date of the NoticeC = the number of days between the first anniversary immediately preceding the date of the Notice
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Guaranteed Minimum Value. Purchaser hereby guarantees the value of the Shares shall be at least One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00) (the "Minimum Value") at the close of trading on the date which is one (1) year from the Closing Date of this transaction (the "Valuation Date"). If the Shares are not worth the Minimum Value at the close of trading on the Valuation Date, then the Purchaser shall deliver to the Seller the number of shares of Common Stock in Purchaser so that the Seller receives the Minimum Value, as determined at the close of trading on the Valuation Date.
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Guaranteed Minimum Value shall be an amount determined pursuant to the following table (which amounts shall be adjusted in the same manner and at the same time as the Exercise Price is adjusted pursuant to the terms of Article VI of the Securityholder Agreement): Date of Early Cash-Out Notice or Date of Change of Control Notice Guaranteed Minimum Value Date of this Agreement $13.00 On the first anniversary of the date of this Agreement $14.56 On the second anniversary of the date of this Agreement $16.34
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Examples of Guaranteed Minimum Value in a sentence

  • The Stock shall consist of 500,000 shares of the common stock of N-Vision and shall be subject to a Guaranteed Minimum Value as defined in Section 1.8 of this Agreement.

Related to Guaranteed Minimum Value

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Guaranteed Amount means the aggregate amount of each Guaranteed Debt that is guaranteed at any time by Partner Guarantors.

  • Minimum L/C Collateral Amount means, at any time, in connection with any Letter of Credit, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 102% of the Revolving L/C Exposure with respect to such Letter of Credit at such time and (ii) otherwise, an amount sufficient to provide credit support with respect to such Revolving L/C Exposure as determined by the Administrative Agent and the Issuing Banks in their sole discretion.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and