Market Value definition
Examples of Market Value in a sentence
If there is no closing selling price for the Common Stock on the date in question, then the Fair Market Value shall be the closing selling price on the last preceding date for which such quotation exists.
No later than the close of business in Chicago, Illinois on the date of each request for a Margin Loan hereunder, the Borrower shall transfer into one or more of the Accounts Margin Collateral having a Market Value such that after giving effect to the requested Margin Loan the aggregate principal amount of all Margin Loans shall not exceed the Margin Borrowing Base as then determined and computed by the Bank.
These amounts may be payable in the form of a promissory note bearing interest at the then-current rate, as determined in good faith by a majority of the Board, including a majority of the Independent Directors, or in the form of Shares that were listed on a national securities exchange, valued at the same price per Share as that used to determine Market Value.
If the Shares are Listed, which automatically results in a termination of this Agreement, the Company will pay the Advisor the amount it would be entitled to receive on account of deferred Asset Management Fees, Acquisition Fees, and Disposition Fees (and any accrued interest thereon) as if the Company liquidated and received liquidation proceeds equal to the Market Value of the Company.
The Corporation may, in its discretion, satisfy the Corporation’s obligation for Withholding Taxes by withholding from the Shares otherwise deliverable to the Participant a number of whole Shares having a Fair Market Value as of the Issue Date, not in excess of the amount of such Withholding Taxes determined by using the applicable minimum statutory withholding rates, or such other amount or rate determined by the Corporation.