Net Enterprise Value definition

Net Enterprise Value means the net equity value of the Reorganized Debtor, after payment or reserve for all debt obligations owing by the Reorganized Debtor to the DIP Lenders, including the unpaid portion of the loan commitment under the Exit Facility, the Plan Trust is entitled to receive from the Plan Note under a Transaction Trigger Payment.
View Source
Net Enterprise Value means the enterprise value of the Company at the time of a Change in Control, calculated using a trailing twelve month average with respect to the amount of debt outstanding under any revolving credit facility, the amount outstanding under any term loans or with respect to any preferred stock, in each case, at the time of the Change in Control and the amount of consideration received by common stockholders in connection therewith, less the amount of any transaction related
View Source
Net Enterprise Value means the Enterprise Value, less the sum of (i) Funded Indebtedness and (ii) BRLLC Expenses.
View Source

Examples of Net Enterprise Value in a sentence

  • The Representative shall in all cases be fully protected in acting, or refraining from acting, under this Agreement in accordance with a request of Equityholders who have a right to receive a majority of the Net Enterprise Value paid to the Equityholders, and such request, and any such action taken or failure to act pursuant thereto, shall be binding upon all of the Equityholders.

  • Except in the case of fraud by an Equityholder, such Equityholder’s liability under Article IX or this Article X shall not exceed the portion of the Net Enterprise Value received by such Equityholder pursuant to this Agreement.

  • The Net Enterprise Value shall be calculated pursuant to SCHEDULE 1.3 attached hereto (the "Net Enterprise Value Schedule").

  • Every 30 days from when the program begins, the CFF will audit the program in order to adjust the program as necessary and will hold a 15minute conference call (on an as needed basis) to discuss any relevant issues.

  • The Net Enterprise Value of Atmosphere is divided by the number of outstanding shares of Atmosphere to arrive at a per share Net Enterprise Value.

  • The Undisclosed Liabilities shall not include any liabilities included in the determination of Net Enterprise Value pursuant to the first paragraph of this Section 1; however, Undisclosed Liabilities shall include any increase in the amount of such liabilities necessary to reflect a true and accurate calculation of such liabilities.

  • The amount of the EBITDA Incentive Bonus Amount is then divided by the per share Net Enterprise Value to arrive at the number of shares Deshpande would receive.

  • For the purpose of determining the number of Shares issued to Buyer, the Enterprise Value shall be increased by the cash balances of the Company on-hand as of the closing date and reduced by the aggregate liabilities of the Company as of the closing date to determine a value net of liabilities (the "Net Enterprise Value").

  • If the Representative or any successor shall resign, be so removed, or become unable to act as the Representative, a replacement shall promptly be appointed by a writing signed by Equityholders who have the right to receive a majority of the Net Enterprise Value paid or payable to the Equityholders.

  • The Representative may be removed at any time by a writing signed by Equityholders who have the right to receive a majority of the Net Enterprise Value paid or payable to the Equityholders.


More Definitions of Net Enterprise Value

Net Enterprise Value means, as of any date, the amount determined pursuant to the Net Enterprise Value Schedule attached hereto.
View Source

Related to Net Enterprise Value

  • Total Enterprise Value means the sum of: (i) the product of (A) the Equity Securities Value Per Share of a share of Common Stock not subject to vesting or other restrictions multiplied by (B) the number of outstanding shares of Common Stock, less (y) the number of outstanding shares of Restricted Stock or Other Awards of shares of Common Stock without vesting restrictions, in each case, issued after the date of this Agreement (including outstanding shares of Common Stock resulting from the vesting of such Restricted Stock), and less (z) the number of shares of Common Stock issued by the Company after the date of this Agreement in connection with any merger, consolidation, share exchange or other transaction in which, in each case, the Company acquires voting securities of another Person or all or any portion of another Person’s assets; (ii) for each other class or series of Equity Securities of the Company, if any, the product of (A) Equity Securities Value Per Share for such class or series of such Equity Securities of the Company multiplied by (B) the number of shares of such class or series of such Equity Securities of the Company, less (y) the number of shares of such class or series of such Equity Securities issued under the Plan (or otherwise issued for compensatory purposes) after the date of this Agreement, and less (z) the number of shares of such class or series of such Equity Securities issued by the Company after the date of this Agreement in connection with any merger, consolidation, share exchange or other transaction in which, in each case, the Company acquires the voting securities of another Person or all or any portion of another Person’s assets; and (iii) the principal amount of all outstanding funded indebtedness of the Company as of the last day of the month immediately preceding the date of calculation less the aggregate amount of cash and cash equivalents of the Company (exclusive of funds held on behalf of clients) as of the last day of the month immediately preceding the date of calculation.

  • Enterprise Value means the sum, at fiscal year-end, of the market capitalisation of ordinary shares, the market capitalisation of preferred shares, and the book value of total debt and non-controlling interests, without the deduction of cash or cash equivalents;

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Company Valuation means $435,000,000.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.