LLC Value definition

LLC Value means the Valuation for the last completed Fiscal Year prior to the event giving rise to the calculation of LLC Value.
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LLC Value means the value of the LLC as determined under the LLC Agreement.
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LLC Value is the fair market value of the LLC, which shall be determined by multiplying the average of the Adjusted Free Cash Flow for the two Fiscal Years ending on the Determination Date immediately preceding the Purchase Closing Date ("Average Adjusted Free Cash Flow") by: (i) [*] , if the compound annual growth rate of Advisory Fees for the five Fiscal * CONFIDENTIAL TREATMENT REQUESTED Years ending on the Determination Date immediately preceding the Purchase Closing Date is 0% or less; or (ii) [*], if the compound annual growth rate of Advisory Fees for the five Fiscal Years ending on the Determination Date immediately preceding the Purchase Closing Date is [*]% or more. If the compound annual growth rate of Advisory Fees for the five Fiscal Years ending on the Determination Date immediately preceding the Purchase Closing Date is between 0% and 10%, the multiple will be interpolated evenly between [*] and [*]. In determining LLC Value as of the December 31, 1999 Determination Date, Average Adjusted Free Cash Flow shall be an amount equal to the Adjusted Free Cash Flow for the Fiscal Year ending on December 31, 1999. For the purpose of computing the LLC Value, the LLC's Advisory Fees for the year ended December 31, 1998 shall include advisory fees collected by Roxbury for the calendar year ending December 31, 1998. If, at any time on or after December 31, 1999 at which the LLC Value is calculated the LLC has been in operation for less than five years, the multiple will be chosen by comparing the Advisory Fees for the period from January 1, 1999 through the applicable Determination Date with the LLC's Advisory Fees for the year ended December 31, 1998 (as determined in the preceding paragraph). LLC Value shall be determined only once each year; the determination will be made on or before February 28 of each year with respect to LLC Value as of December 31 of the immediately preceding year. See examples in Exhibit C.
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Examples of LLC Value in a sentence

  • These shares are owned directly by Stilwell Activist Investments, L.P. ("SAI") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), which is the general partner of SAI.

  • Unearned premiums are those proportions of the premiums written in a period that relate to the period of risk subsequent to the reporting date for all short-term insurance policies.

  • From the responses Oak Tree was able to form a small core group of members.

  • TXU Energy Retail Company LLC TXU Retail Services Company Upton County Solar 2, LLC Value Based Brands LLC Vistra Asset Company LLC Vistra Corporate Services Company Vistra EP Properties Company Vistra Finance Corp.

  • Ronald Brown: Research and Analysis; Gibson Consulting, LLC; Value Tech Realty Services, Inc.; and Vogt Santer Insights, LTD.

  • If the Manager decides to permit reinvestment, it must notify Members of the procedure and terms for reinvestment and any change in the procedure or terms.

  • Value Partners Limited is an investment manager and it is deemed to be interested in the Shares held by Value Partners Asia Fund, LLC, Value Partners China Hedge Master Fund Limited and Value Partners China Greenchip Fund Limited, which holds 6.55%, 6.22% and 3.89% of the share capital of the Company respectively.

  • If the LLC's financial statements are unavailable until after February 28 of a year beginning in 2003, the Board shall notify, on or before February 28 of that year, each Member of the estimated LLC Value as of December 31 of the immediately preceding year and shall notify each Member of the actual LLC Value as promptly as possible after such financial statements become available.

  • If the Purchase Closing Date with respect to any LLC Interests put pursuant to this Section 7.2 has not occurred, and the LLC Value differs from the estimated LLC Value by 5% or more, each Principal and/or his or its Permitted Transferees who or that has exercised his or its Put rights shall have the right to rescind his and/or its decision to exercise of his or its Put rights.

  • As is consistent with the terms of the Verily Life Sciences, LLC, Value Creation Award Plan and the benefit provided to other similarly situated executives, I am permitted to cash out my vested Employee Units at any time.


More Definitions of LLC Value

LLC Value means the fair market value of the Company, as of the applicable Determination Date, determined consistently with the methodology described in Exhibit B by a reputable investment banking firm or other independent third party selected by the Board with experience in valuing investment advisory firms.
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Related to LLC Value

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • 704(c) Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution, as determined by the General Partner using such reasonable method of valuation as it may adopt. Subject to Exhibit B hereof, the General Partner shall, in its sole and absolute discretion, use such method as it deems reasonable and appropriate to allocate the aggregate of the 704(c) Values of Contributed Properties in a single or integrated transaction among the separate properties on a basis proportional to their respective fair market values.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Adjusted Value as used in subdivision (d) means:

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Intrinsic Value means reinstatement value of insured property or item less due allowance for betterment, wear and tear and/or depreciation

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • 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.

  • Contribution Value shall have the meaning set forth in Section 2.02 of the Contribution Agreement.

  • Cash Value means the greater of (i) the amount that the policyholder is entitled to receive upon surrender or termination of the contract (determined without reduction for any surrender charge or policy loan), and (ii) the amount the policyholder can borrow under or with regard to the contract. Notwithstanding the foregoing, the term “Cash Value” does not include an amount payable under an Insurance Contract as:

  • Acquisition Value of the Common Stock means, for each Trading Day in the Valuation Period, the value of the consideration paid per share of Common Stock in connection with such Public Acquirer Change of Control, as follows:

  • Stock Value means an amount equal to (a) 25% multiplied by (b) (i) the Closing Purchase Price, minus (ii) the Financial Debt, minus (iii) the Transaction Expenses.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Good Value means that the Benchmarked Rates are within the Upper Quartile;

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Fund Value means the separate account assets associated with the Variable Annuity Business.

  • SPS AER Value means the Underlying Reference Value.

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.