Net Equity Value definition

Net Equity Value means the fair value of the equity of the Business (as measured in USD, based on the then-applicable exchange rates, if applicable) as determined by the Manager and approved by the Compensation Committee of the Company (which approval shall not be unreasonably withheld, delayed or conditioned).
Net Equity Value means (1) 8.5 multiplied by the Company’s consolidated earnings, before interest, income taxes, depreciation and amortization (“EBITDA”) for the four fiscal quarters ending upon a Measurement Date, plus (2) the sum of cash, cash equivalents, and the aggregate exercise price of all outstanding options or warrants to purchase Shares, whether or not exercisable, in each case as of the Measurement Date, less (3) all debt and capital leases outstanding as of the Measurement Date. EBITDA, cash and debt shall be determined by the Committee based on the Company’s financial statements for such period, subject to such adjustments to reflect unusual, nonrecurring or extraordinary events as the Committee shall deem equitable and appropriate.

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.

  • Under an advisory agreement, dated as of July 1, 1996, as amended in May 1997 at the time of the Company's initial public offering (the "Advisory Agreement"), Westfield U.S. Advisory, L.P., receives an annual fee equal to the lesser of 25% of "Funds from Operations" in excess of the "Advisory F.F.O. Amount" and 0.55% of the "Net Equity Value" of the Company's assets.

  • As of the date of the Distribution Event, the Phantom Unit Value shall be equal to the Net Equity Value divided by 10,000.

  • These must be taken into consideration when evaluating if the proposed model of EO fits with Cambodian contexts, of if other dimensions of entrepreneurship may underpin enterprise success.

  • The Company Net Equity Value shall be equal to or greater than $585,100,000.


More Definitions of Net Equity Value

Net Equity Value means, as of any particular date, the aggregate proceeds which would be received by the holders of Units if: (i) the assets of the Partnership as a going concern were sold at their fair market value; (ii) the Partnership satisfied and paid in full all of its obligations and liabilities (including all taxes, costs and expenses of the Partnership incurred in connection with such transaction and any reserves reasonably established by the General Partner for contingent liabilities); and (iii) such net sale proceeds were then distributed in accordance with Section 4.1, all as of such particular date and as determined by the General Partner in its reasonable discretion.
Net Equity Value means, for any Contributed Interest, the product of (a) the percentage ownership represented by such Contributed Interest, multiplied by (b) the amount equal to the difference between (i) the Gross Asset Value of the Contributed Property, minus (ii) the amount, including accrued and unpaid interest, of any unpaid mortgage debt secured by such Contributed Property (whether by lien encumbering fee simple title, a leasehold estate or an ownership interest in a condominium).
Net Equity Value means, with respect to a Participant, the amount the Adjusted Equity Value exceeds the applicable Hurdle.
Net Equity Value means the net consideration actually received by Parent (in respect of its assets) and/or its shareholders (in respect of their stock, and not in respect of any other consideration they may receive from Parent or any acquiror, successor or surviving entity, including without limitation, salary and/or consulting fees), as applicable, in connection with a Change in Control Transaction, after deducting all liabilities, obligations and indebtedness of Parent (which deductible amounts shall include, without limitation, (A) the aggregate liquidation preference, and (without double counting) any accrued dividends paid or payable in respect of any preferred stock of Parent outstanding at any time on or after the date hereof, which shall be so deducted regardless whether any such preferred stock has been converted into common stock at any time prior to or in connection with such Change in Control Transaction and (B) the aggregate outstanding principal amount and (without double counting) any interest accrued thereon of any convertible notes of Parent outstanding at any time on or after the date hereof, which shall be so deducted regardless of whether any such notes have been converted into Parent stock at any time between the date hereof and the effective date of such Change in Control Transaction. “In Process” means that a buyer and Parent have signed a letter of intent or similar agreement that outlines the terms by which the buyer will purchase the stock or assets of Parent.
Net Equity Value means the Enterprise Value of the Corporation less Debt (as defined).
Net Equity Value means, as of the date of a Change of Control, the Company’s equity value as determined by the Board, in its sole discretion, on the basis of amounts received by the Company’s stockholders in connection with the Change of Control, after the payment of all outstanding debt and expenses and assuming the exercise of all in-the- money options, warrants or other rights to purchase shares of Common Stock.
Net Equity Value means for any day of determination for any Designated Person: