OTS Per Share Value definition

OTS Per Share Value means the amount determined by subtracting from $200 million all Third Party Debt (if any) directly attributable to OTS as of September 30, 1997 and 44.4445% of the Net RRD Debt as of September 30, 1997 and then dividing the remainder by the Number of Stream Outstanding Shares as of the Effective Date.
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Examples of OTS Per Share Value in a sentence

  • Upon the Effective Date, RRD shall surrender 44.4445% of any Net RRD Debt as of September 30, 1997 for cancellation in exchange for a number of shares of Class A-1 Common Stock of Stream determined by dividing 44.4445% of the Net RRD Debt as of September 30, 1997 by the OTS Per Share Value.

Related to OTS Per Share Value

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • NAV per Share means the value of a Share determined under Section 4.1.