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.
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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
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Net Enterprise Value means the Enterprise Value, less the sum of (i) Funded Indebtedness and (ii) BRLLC Expenses.
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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.
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