Market Check definition

Market Check means an analysis comparing (a) the amount of Insourced Acquisition Expenses paid in the previous calendar year to the Advisor or any of its Affiliates with (b) the projected amount of Acquisition Expenses for the following calendar year assuming that a Person other than the Advisor or its Affiliates performs substantially similar services for a substantially similar amount of Investments.

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Market Check means a technology-driven evaluation of prescription drug pricing based on benchmarks derived from reverse auction processes conducted in the United States over the immediately preceding 12 months.

Market Check shall have the meaning set forth in Section 3.2.

Examples of Market Check in a sentence

• If, during such 90 day period, the Company and Buyer are not able to reach an agreement then the Company shall either (i) conduct an Appraisal Process and, as a result thereof determine the Appraisal Price or (ii) conduct a Third-Party Transaction Market Check.

• If, during such 30-day period, the Company and Buyer are not able to reach an agreement, then the Company shall either (i) conduct an Appraisal Process (as defined below) or (ii) conduct a Third-Party Transaction Market Check (as defined below).

• Approval of such Business Combination Proposal by the Board shall require the affirmative vote of a majority of the Independent Directors then on the Board (in addition to any other vote required by applicable law) and 116 18 may be subject to any "market check" procedures for a reasonable period of time (not exceeding 90 days) (the "Market Check Period") as the Board (including a majority of the Independent Directors of the Board) may determine to be appropriate in the circumstances.

• AETNA shall provide as part of this First Amendment to Agreement, to include reference to Exhibit D-Revised Pharmacy Services and Fee Schedule, due to the Market Check finalized and effective January 1, 2023.

• In addition, pursuant to an audit conducted in accordance with this Section, PBM will provide Client or Participating Group with supporting documentation to evidence the pharmacy reimbursement amounts for the purpose of Client or Participating Group verifying the pricing arrangements and Market Check under this Agreement.

More Definitions of Market Check

Market Check means a technology–driven evaluation of prescription

Market Check means a technology-driven evaluation of an incumbent PBM's prescription drug pricing based on benchmark comparators derived from PBM reverse auction processes conducted in the United States over the previous twelve months.

Market Check means a technology–driven evaluation of prescription drug pricing based on benchmarks derived from pharmacy benefits managers’ reverse auction processes conducted in the United States over the immediately preceding 12

Market Check means a technology–driven evaluation of prescription drug pricing based on benchmarks derived from

Market Check means AgRisk Management Pty Ltd trading as Market Check ABN 33067313722.

Market Check means the good faith review and determination by the Company, in connection with assessing Commercially Reasonable Debt, of the currently prevailing average interest rate in the United States for similar non-recourse indebtedness for borrowed money from major banking institutions for companies of a similar size to, and with a risk profile similar to that of (taking into account the industry the Company’s business is engaged in), the Company and its Subsidiaries, as obtained by (in the Company’s sole discretion) (i) using freely available financial databases customarily used for market benchmarking, including Bloomberg, FactSet, S&P Capital IQ or any other internationally recognized financial data platform or (ii) directly inquiring with relevant major banking institutions.

Market Check shall, with respect to the lease of any aircraft to fulfill a Commercial Requirement, require the Company to (i) for aircraft leases of less than twelve (12) months in duration (including all renewal durations), obtain a report of an independent third-party valuation expert experienced in the helicopter leasing industry and mutually approved by at least one Norie Director and one B▇▇▇▇▇▇ Director (provided, that if such directors are unable to agree, then such valuation expert shall be selected by the B▇▇▇▇▇▇ Directors), which report shall indicate such expert’s opinion of the material terms and conditions, including the price, rental rates, terms, renewal terms, on which a bona fide third-party lessor would agree to provide an aircraft which has performance and operational specifications sufficient to meet the Commercial Requirement and is comparable to the aircraft proposed to be supplied by Norie or his Affiliate or Associate (a “Market Expert Report”) and (ii) for any other aircraft leases, use reasonable best efforts to obtain not less than three (3) bona fide proposals from third-party commercial aircraft providers for the leasing of aircraft which has performance and operational specifications sufficient to meet the Commercial Requirement and which is comparable to the aircraft proposed to be supplied by Norie or his Affiliate or Associate, provided, that if three (3) proposals cannot be obtained after the Company’s reasonable best efforts, the Company shall, in addition to the proposals, if any, that have been obtained, obtain a Market Expert Report through the process set forth in clause (i) above.