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.

Related to Offset Value

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • Net Asset Value or "NAV” means per Unit value of the Trust arrived at by dividing the Net Assets by the number of Units outstanding.

  • Total Asset Value means as of any date of determination the sum (without duplication) of all of the following of the Borrower, the REIT Guarantor and their Subsidiaries on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) cash and Cash Equivalents, plus (b) with respect to each Property (other than Development Properties, the Market Square Property and Properties with a negative Net Operating Income) owned for four (4) consecutive fiscal quarters by the Borrower, the REIT Guarantor or any of their respective Subsidiaries, the quotient of (i) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (ii) the applicable Capitalization Rate, plus (c) with respect to each Property acquired during the most recent four (4) fiscal quarters of the Borrower, the greater of (i) the quotient of (A) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the applicable Capitalization Rate, and (ii) the undepreciated GAAP book value (after taking into account any impairments) of such Property, plus (d) with respect to the Market Square Property, the greater of (1) the quotient of (A) Net Operating Income less Capital Reserves attributable to the Market Square Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the Capitalization Rate for CBD or Urban Infill Properties, and (2) the undepreciated GAAP book value (after taking into account any impairments) of the Market Square Property, plus (e) the undepreciated GAAP book value (after taking into account any impairments) for Construction-In-Process for Development Properties, plus (f) the undepreciated GAAP book value (after taking into account any impairments) of Unimproved Land. The Borrower’s pro rata share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a)) will be included in Total Asset Value calculations consistent with the above described treatment for wholly owned assets. For purposes of determining Total Asset Value, Net Operating Income from Properties acquired or disposed of by the Borrower, any Subsidiary of the Borrower or any Unconsolidated Affiliate during the immediately preceding four (4) fiscal quarters of the Borrower shall be excluded from clause (b) above. For purposes of determining Total Asset Value, Total Asset Value attributable to the following investments in excess of the limitations set forth below shall be excluded from Total Asset Value:

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.