Net Equity Value definition
Examples of Net Equity Value in a sentence
Fair market value, on a per-share basis, shall be deemed to be (i) the initial offering price of the Common Stock to the public in a Qualified Public Offering; and (ii) if the Common Stock is not publicly held or traded, "fair market value" shall mean the Per Share Net Equity Value of the Company as determined pursuant to Section 5.03 of the Warrantholders' Agreement.
The Owner shall pay to the Advisor an annual Advisory Fee equal to the lesser of (a) .55% of the Net Equity Value of the Owner for such annual period, or (b) 25% of the annual "Funds from Operations" (as hereinafter defined) in excess of the "Advisory FFO Amount" (as hereinafter defined).
Net Equity Value shall be defined as cash received by and the market value of securities received or retained by the Company's shareholders.
The purchase price for such Units (the “Buy-Sell Price”) shall be equal to (i) in the case of any Adverse Act specified in clause (ii) or (iv) of the definition of “Adverse Act,” the Net Equity Value thereof, and (ii) in the case of any Adverse Act specified in clause (i), (iii), (v), (vi), (vii) or (viii) of the definition of “Adverse Act,” 80% of the Net Equity Value thereof.
In the event there are any post-closing adjustments under the Exchange Agreement and/or the amount of the Net Equity Value of BCA is not capable of exact calculation at the First Closing, the parties shall made adjustments and calculations on the basis of the best available information, and subsequent adjustments will be made between the parties as appropriate.