Qualified Value definition

Qualified Value means, with respect to each Qualified Contract, the amount payable by ▇▇▇▇▇ Systems to TenFold pursuant to that Qualified Contract and the amount that would have been payable, based on a good faith estimate of TenFold's charges for similar services and products, if TenFold would have agreed to provide all of the offered services and products under that Qualified Contract.
View Source
Qualified Value means, with respect to Qualified Assets, the dollar amount that will be credited toward payment of the applicable purchase price for Preferred Units upon contribution of such Qualified Assets, determined as set forth in Exhibit B under “Calculation of Qualified Value.”
View Source

Examples of Qualified Value in a sentence

  • The provisions of this Section 2.5(b) will expire if, at the end of any twelve month period commencing on any anniversary of the Effective Date ending on or after the second anniversary of the Effective Date, ▇▇▇▇▇ Systems fails to provide to TenFold Qualified Contracts in accordance with Section 2.4(a) during that period with an aggregate Qualified Value at least equal to [XXXXX] of the applicable Target Amount.

  • The provisions of this Section 2.5(b) will expire if, at the end of any twelve month period commencing on any anniversary of May 1, 1999, ending on or after the second anniversary of May 1, 1999, ▇▇▇▇▇ Systems fails to provide to TenFold the opportunity to enter into Qualified Contracts during that period with an aggregate Qualified Value at least equal to [XXXXX] of the applicable Target Amount.