New Valuation definition

New Valuation means any valuation of a Substitute Property, a Replaced Property, a Released Property or an Additional Property conducted by E&Y or another independent, third-party expert reasonably satisfactory to the Administrative Agent provided in connection with the applicable Term Loan Priority Collateral Substitution, Term Loan Priority Collateral Release or Term Loan Priority Collateral Addition for which the New Valuation Conditions have been met.
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New Valuation has the meaning assigned to that term in Section 5.01(e)(i).
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Examples of New Valuation in a sentence

  • Based upon the New Valuation, MBL has ascribed a value of $3.6 million to the New Holdings Creditor Warrants.

  • Based upon the New Valuation, MBL has ascribed an aggregate value of $4.3 million to the New Nominal Warrants.

  • The aggregate shares of New Common Stock to be distributed to holders of Claims in Classes S-4 and H-4 are valued under the New Valuation at $73 million.

  • Under the Modified Plan, the Fee Warrants will be issued, but as a result of the New Valuation, the strike price for the Fee Warrants (and the New Holdings Creditor Warrants) will be $9.12 per share, which is based upon a total equity value for Reorganized ICG of $77.3 million.

  • Based upon the New Valuation, the valuations of the various securities and other instruments to be issued under the Modified Plan are set forth below as each such security or instrument is discussed.

  • Based upon the New Valuation, MBL has ascribed an aggregate value of $1.0 million to the Fee Warrants.

  • Accordingly, based upon the New Projections and prevailing market conditions, MBL 's New Valuation ascribes a valuation range for the Company on a going concern basis at between $250 and $325 million, with a mid-point of $287.5 million.

  • Holders of Claims in Classes S-4 and H-4 (General Unsecured Claims against the Services Debtors and Holdings Debtors, respectively): As discussed above, the Original Valuation set forth in the Original Disclosure Statement has been replaced by the New Valuation set forth above.

  • The New Valuation ascribes a total equity value of between approximately $39.8 million and $114.8 million (with a midpoint of $77.3 million), which is derived by subtracting from the Company's enterprise value the projected funded debt on the pro forma balance sheet for the Company.

  • This summary includes the revised valuation of the Reorganized Debtors (the "New Valuation"), as well as the revised financial projections for the Reorganized Debtors (the "New Projections"), which are attached to this Supplement as Appendix B.

Related to New Valuation

  • Company Valuation means $435,000,000.

  • Approved Valuation Firm means each of Duff & ▇▇▇▇▇▇ Corp., FTI Consulting, Inc., ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Lincoln International LLC, ▇▇▇▇▇▇ ▇▇▇▇▇▇, Valuation Research Corp., and any other nationally recognized accounting firm or valuation firm approved by the Administrative Agent and the Borrower, each in its reasonable discretion.

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • SPS FR Barrier Valuation Date means the Settlement Price Date.