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.
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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.

Related to PO Value

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.