IDR Valuation definition
IDR Valuation means as of a particular Valuation Date, subject to the proviso in the last sentence of the definition of “Notional Units,” the present value of the Forecasted IDRs (as defined) as of that particular Valuation Date, discounted to present value using a per annum GP Market Multiple Discount Rate (as defined) as of that particular Valuation Date, plus the value of those Notional Units (as determined under the definition of “Notional Units” below), if any, recorded on the books of the Company as of such Valuation Date.
Examples of IDR Valuation in a sentence
In the event of a dispute between the Class A Member or the Company, on one hand, and one or more of the Class B Members or former Class B Members, on the other hand, as to any matter pertaining to the determination, calculations, assumptions or amounts of Cash Available Before Reserves, IDR Valuation, IDR Share, Forecasted IDRs or GP Market Multiple Discount Rate, such dispute shall be resolved in accordance with the dispute resolution provisions described in Exhibit F hereto.