PO Value definition

PO Value at any particular date (the "Determination Date") shall mean the amount, net of costs and commissions, which the Initiator would receive on sale of the Offered Interest through an initial offering to the public (preferably in Amsterdam). In preparing the PO Report, the Investment Bank will take the following into account: (i) it will be assumed that the Offered Interest will at the time of the PO consist of a single class of shares in a single company incorporated in The Netherlands; the PO Report will contain a description in summary detail of the reorganization of the Company and its subsidiaries necessary to make the Offered Interest suitable for public trading (the "PO Reorganization"); the proposed PO Reorganization will take account of the tax position of the Parties and will aim at minimizing adverse financial and other consequences which any of them may suffer as a result of such reorganization; (ii) the PO value will be derived from the fair stock market value of the Offered Interest on the Determination Date, based on a liquid market for the shares; (iii) the Investment Bank must be prepared to state that it is confident that a PO at the PO Value will be successful; the PO Report will contain such a statement from the Investment Bank itself; (iv) the PO Value will be net of all costs and commissions associated with the PO of the Offered Interest, including the cost of the PO Reorganization and fees payable to underwriters, advisers, banks, stock exchanges and regulators with respect to the listing of the Offered Interest; (v) it is recognized between the Parties that in determining the PO Value (or adjusted PO Value as set forth in (e) below) the investment bank(s) involved may start with an indication of the valuation range, whereby the final PO value will only be determined at the end of the PO process based on investor demand.
View Source

Examples of PO Value in a sentence

  • Status of Order Commercial Order Processing Technical Order Processing Production Released Production Started Production Completed Cancellation fees USD 250 USD 500 - Not to exceed 10% of PO Value 40% 90% 100% Change Order fees USD 250 USD 500 - Not to exceed 10% of PO Value In general, not possible.

  • The penalty to be paid by the Contractor for delay of the completion of the whole of the works shall be: 1% of the Contract Sum or PO Value for each day of delay.

  • In case of the entire PO will be aff ected by af oresaid breaches and/or any multiple v iolations, the f ine amount must not exceed 8% of the Total PO Value.

  • A penalty of maximum 10% per annum of the PO Value and 20% for 2 Years- may be imposed during the AMC.

  • In case of the entire PO will be affected by aforesaid breaches and/or any multiple violations, the fine amount must not exceed 8% of the Total PO Value.