Original Cost definition

Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;
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Original Cost. , as applied to utility plant, means the cost of such property to the person first devoting it to public service.
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Original Cost means the fair market value of personal property at the time of acquisition by the first owner. There is a rebuttable presumption that the acquisition price paid by the first owner for personal property reflects the original cost of that personal property. The department of treasury may provide guidelines for 1 or more of the following circumstances:
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Examples of Original Cost in a sentence

  • The Repurchase Notice will set forth the number of Original Cost Shares and Fair Market Value Shares to be acquired from each holder, the aggregate consideration to be paid for such shares and the time and place for the closing of the transaction.

  • Furthermore, if the Investors and Bajaj repurchase any Original Cost Shares, they shall contribute such Original Cost Shares to the Company in exchange for a promissory note from the Company with an aggregate principal amount equal to the purchase price paid for such shares, bearing interest (payable quarterly) at a rate per annum equal to the prime rate as published in the WALL STREET JOURNAL from time to time, and having a term of no longer than five years.

  • Notwithstanding the foregoing, the Investors and Bajaj shall not exercise their Repurchase Option as to the Original Cost Shares pursuant to this Section 3(c) if the Company has sufficient assets to fully exercise its Repurchase Option as to the Original Cost Shares but has not exercised such right.

  • The number of Original Cost Shares and Fair Market Value Shares to be repurchased hereunder will be allocated among Executive and the other holders of Executive Stock (if any) pro rata according to the number of shares of Executive Stock to be purchased from such person.

  • If Executive is no longer employed by --------------------- ▇▇▇▇▇▇▇ ▇▇▇▇▇ as a result of Executive's termination for Cause, then on or after the Termination Date, Holdings may elect to purchase all or any portion of the Executive Units (other than the Membership Interest) and ACR Management may elect to purchase the Membership Interest at a price equal to the lower of the Original Cost thereof or the Fair Market Value thereof determined as described in clause 3(b)(1) above.


More Definitions of Original Cost

Original Cost means, with respect to each Common Unit acquired under the Prior Agreement, $0.0333 (as proportionately adjusted for all subsequent unit splits, unit dividends and other recapitalizations).
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Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase; “permitted client” means any of the following:
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Original Cost means, with respect to each share of Common Stock ------------- purchased hereunder, $.50 (as proportionately adjusted for all subsequent stock splits, stock dividends and other recapitalizations).
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Original Cost means, with respect to any share of Series A Preferred Stock, $1.00. In the event of any change (by way of any recapitalization, subdivision or recombination) in the number or kind of shares of Series A Preferred Stock, the Original Cost of the shares of Series A Preferred Stock immediately prior to such change shall be ratably adjusted among such shares of Series A Preferred Stock immediately after such change.
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Original Cost means, (i) with respect to each Common Unit, $.10 per Unit, and (ii) with respect to each Preferred Unit, $1,000 per Unit (in each case as proportionately adjusted for all subsequent securities splits, dividends and other recapitalizations).
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Original Cost means the initial federal tax basis of the property plus the value of capital improvements to such property, except that, for this purpose, it shall be assumed that Safe Harbor Leases are not true leases and do not affect the original initial federal tax basis of the property. (See Regulation IV.11(a).)
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Original Cost of any share of Executive Stock means the price paid by Executive for such share of Executive Stock.
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