Initial Valuations definition
Examples of Initial Valuations in a sentence
The Initial Valuations shall be expressed in US Dollars and thereafter shall be converted into Euro by using the average exchange rate for the 10 (ten) day trading period prior to the date of such valuations.
If the Third Valuation is exactly between the two Initial Valuations, then the Fair Market Value shall be the Third Valuation.
If the Managing Directors Special Committee and the Board agree on a valuation of the Affected Entity or Entities within 10 business days following the receipt of the Initial Valuations from such investment banks, then such valuation of the Affected Entity or Entities will be final, binding and conclusive on all parties including the Company, Lazard and the Members for the purposes of this Agreement.
The Investment Banks shall determine the (X) equity value of such Further Interest in a Wireless Property or of such Interest in a New Acquisition (as the case may be), and (Y) equity value of the Company as if (x) the Balance Capital Contributions had already been transferred to the Company and (y) such relevant Interest had not yet been transferred to the Company, (such valuations collectively referred to as the "Initial Valuations").
Initial Valuations in respect of the relevant Ship obtained and determined in accordance with Clause 24 (Minimum security value).
If the LT Underlying Premises Third Valuation is exactly between the two LT Underlying Premises Initial Valuations, then the Fair Market Value of the Underlying Premises shall be the LT Underlying Premises Third Valuation.
No increase in the Commitments shall be made in respect of Valuations of the Mortgaged Properties in excess of the Initial Valuations of any Mortgaged Property until such time as each of the Multifamily Residential Properties listed on EXHIBIT CC to this Agreement has achieved 85% occupancy as determined by Lender.
If the Third Valuation is exactly between the two Initial Valuations, then the Fair Market Value of Tenant's Assets shall be the Third Valuation.