Offset Value definition

Offset Value means an amount per share equal to one dollar ($1).
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Offset Value means “a value from a beginning point”
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Offset Value. (OV) shall be set initially at [ * ] CHF. In the event that the differential between the Audited Royalty and the Initial Royalty Payment for a particular quarter, as calculated under Section 8.2(b), is greater than the [ * ] [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED. applicable to such quarter, the Offset Value shall be adjusted in accordance with following formula: [ * ], where "OV" is the Offset Value for such calendar quarter; and "Overage" is equal to the amount by which the [ * ] the [ * ] and the corresponding [ * ] for the [ * ] relevant to such calendar Quarter exceeds [ * ] (which shall be [ * ] if such [ * ] is in Roche's favor and [ * ] if such [ * ] is in Aspreva's favor). After [ * ] (or sooner if agreed by the Parties), the JC and/or the Finance Committee will revisit in good faith the calculation of the Offset Value and if it is determined that a change to such calculation is appropriate, then, subject to their mutual agreement, the Parties will amend the Agreement accordingly.
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Examples of Offset Value in a sentence

  • When using the tablet, if you want to use a new pen without restarting the computer, you need to perform the Pen Offset Value setting.

  • Enter Option >Enter Offset Value[ ] Enter the desired stage offset value and press the ENTER key to input the value.

  • The Actuarial Equivalent of the Offset Value shall be compared to the Actuarial Equivalent of the benefits payable under this Agreement (the 'Plan Value'), and the Plan Value shall be reduced by the Actuarial Equivalent of the Offset Value at the time and in the manner described in Section 2.5(b) or Section 2.5(c).

  • As the case may be, this offset (the 'Offset Value') shall be equal to the cash surrender value of the Policy at the time Executive becomes entitled to exercise rights free from the Company's security interest, or in the case of Executive's death, the death benefits payable to the beneficiary under the Policy.

  • If, at the time Executive terminates employment, the Plan Value exceeds the Actuarial Equivalent of the Offset Value, the excess of the Plan Value over the Actuarial Equivalent of the Offset Value shall be paid to Executive or Spouse at the time and in the manner provided under the general provisions of Section 2; provided, however, that if such excess is less than $10,000, such excess shall be paid immediately to Executive or Spouse in a cash lump sum.