Realized Equity Value definition

Realized Equity Value means, on any date, the cumulative total of all cash and the fair market value, as determined by the Board, of all other properties or securities which (i) had been distributed by the Partnership to its Partners before the Effective Date (excluding any distributions made or authorized to be made solely for the purposes of 2 permitting Partners to pay their individual income tax liabilities resulting from their allocable share of Partnership income), (ii) has been distributed by the Company to holders of the Shares initially issued on the Effective Date (the "INITIAL SHARES"), and (ii) has not yet been distributed to holders of such Initial Shares, but has been duly authorized, by action of the Board, to be distributed to holders of the Initial Shares. In addition, at the sole discretion of the Board, Realized Equity Value may also include an additional amount consisting of proceeds from a Liquidating Transaction not yet distributed or authorized for distribution to holders of the Initial Shares or an amount which the Board determines would be available for distribution to holders of the Initial Shares if a Liquidating Transaction were assumed to occur as of such date (regardless of the likelihood of the occurrence of any such Liquidating Transaction).
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Realized Equity Value means, on any date, the cumulative total of all cash and the fair market value, as determined by the Board, of all other properties or securities which as of such date (i) has been distributed to the Partners, and (ii) has not yet been distributed to the Partners but has been duly authorized, by action of the Board, to be distributed to the Partners (excluding in the case of each of clause (i) and (ii) any distributions made or authorized to be made solely for the purposes of permitting Partners to pay their individual income tax liabilities resulting from their allocable share of Partnership income). In addition, at the sole discretion of the Board, Realized Equity Value may also include an additional amount consisting of proceeds from a Liquidating Transaction not yet distributed or authorized for distribution to the Partners or an amount which the Board determines would be available for distribution to the Partners if a Liquidating Transaction were assumed to occur as of such date (regardless of likelihood of the occurrence of any such Liquidating Transaction).
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Examples of Realized Equity Value in a sentence

  • The Interests owned by the Dissolving Member shall first be offered for purchase by the other Members within ninety (90) days of the date of such notice for the then existing Adjusted Realized Equity Value of such Interests.

  • In the event of a change in control of a Member, such Member thereupon shall cease to have any voting rights, and the remaining Members shall have the right to purchase, or to cause the Company to purchase, such first Member's Interests at a price equal to the Adjusted Realized Equity Value of such Interests, which right may be exercised by the remaining Members for a period of sixty (60) days after such event constituting a change in control.

  • The Interests owned by the Dissolving Member shall first be offered for purchase by the other Members within 90 days after the date of such notice for the then existing Adjusted Realized Equity Value of such Interests.

  • In the event of a change in control of a Member, such Member thereupon shall cease to have any voting rights, and the remaining Members shall have the right to purchase, or to cause the Company to purchase, such first Member's Interests at a price equal to the Adjusted Realized Equity Value of such Interests, which right may be exercised by the remaining Members for a period of 60 days after such event constituting a change in control.

  • Xxxxxx Xxxxxxxx SCHEDULE A (See attached.) Xxxxxx Xxxxxxxx Cdn Price on Jan .16,2017 $ 194.65 USD $ 148.48 Vesting Schedule # of Units Xxxxx Xxxxx Outstanding Total Realized Equity Value (USD) Grant Date Vested Unvested Options Initial Grant June 26, 2012 650,000 $ 73.39 Cdn $ 59,114,250 $ — $ 59,114,250 100% vested June ’16, available June 2017 LTIP Grants Jan.

Related to Realized Equity Value

  • Net Equity Value means, at any time, the total assets of the applicable business less the total liabilities of such business less the amounts attributable to the minority interest in such business, in each case as determined on a consolidated basis, in accordance with GAAP, subject to the last sentence of the definition of Capitalization Value.

  • Total Equity Value means, as of any date of determination, the aggregate proceeds which would be received by the Unitholders if: (i) the assets of the Company were sold at their fair market value to an independent third-party on arm’s-length terms, with neither the seller nor the buyer being under compulsion to buy or sell such assets; (ii) the Company satisfied and paid in full all of its obligations and liabilities (including all Taxes, costs and expenses incurred in connection with such transaction and any amounts reserved by the Manager with respect to any contingent or other liabilities); and (iii) such net sale proceeds were then distributed in accordance with Section 4.1, all as determined by the Manager in good faith based upon the Class A Common Stock Value as of such date.

  • Equity Value is defined in Section 10.10 hereof.

  • Capitalized Value means, as of any date, Annualized EBITDA divided by the Capitalization Rate.

  • Sponsor Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Specified Equity Contribution means any cash contribution to the common equity of Holdings and/or any purchase or investment in an Equity Interest of Holdings other than Disqualified Equity Interests.

  • Deferred Net Cash Proceeds Payment Date shall have the meaning provided such term in the definition of Net Cash Proceeds.

  • Total Asset Value means as of any date of determination the sum (without duplication) of all of the following of the Borrower, the REIT Guarantor and their Subsidiaries on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) cash and Cash Equivalents, plus (b) with respect to each Property (other than Development Properties, the Market Square Property and Properties with a negative Net Operating Income) owned for four (4) consecutive fiscal quarters by the Borrower, the REIT Guarantor or any of their respective Subsidiaries, the quotient of (i) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (ii) the applicable Capitalization Rate, plus (c) with respect to each Property acquired during the most recent four (4) fiscal quarters of the Borrower, the greater of (i) the quotient of (A) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the applicable Capitalization Rate, and (ii) the undepreciated GAAP book value (after taking into account any impairments) of such Property, plus (d) with respect to the Market Square Property, the greater of (1) the quotient of (A) Net Operating Income less Capital Reserves attributable to the Market Square Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the Capitalization Rate for CBD or Urban Infill Properties, and (2) the undepreciated GAAP book value (after taking into account any impairments) of the Market Square Property, plus (e) the undepreciated GAAP book value (after taking into account any impairments) for Construction-In-Process for Development Properties, plus (f) the undepreciated GAAP book value (after taking into account any impairments) of Unimproved Land. The Borrower’s pro rata share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a)) will be included in Total Asset Value calculations consistent with the above described treatment for wholly owned assets. For purposes of determining Total Asset Value, Net Operating Income from Properties acquired or disposed of by the Borrower, any Subsidiary of the Borrower or any Unconsolidated Affiliate during the immediately preceding four (4) fiscal quarters of the Borrower shall be excluded from clause (b) above. For purposes of determining Total Asset Value, Total Asset Value attributable to the following investments in excess of the limitations set forth below shall be excluded from Total Asset Value:

  • Adjusted Investor Interest means, with respect to any date of determination, an amount equal to the sum of (a) the Class A Adjusted Investor Interest and (b) the Class B Adjusted Investor Interest and (c) the Collateral Interest Adjusted Amount.

  • 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).

  • Net Asset Value per Unit means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.

  • Note Value means, with respect to any day, the present value of the unpaid Scheduled Payments on the Receivables, discounted at an annual rate equal to 4.00%. For purposes of calculating Note Value, in the case of a defaulted Receivable: (a) prior to the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the Scheduled Payments on such Receivable will be computed based on the amounts that would have been the Scheduled Payments had such default not occurred; (b) at the earlier of the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the amount added to the Note Value with respect to such Receivable will be the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures and (c) after the time such defaulted Receivable becomes a Liquidated Receivable, and after the payment of a Purchase Amount in respect of a Purchased Receivable, there shall be deemed to be no Scheduled Payments due on such Receivable.

  • Security Value means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time, the aggregate of (a) the market value of the Mortgaged Ships as most recently determined in accordance with clause 8.2.2 and (b) the market value of any additional security for the time being actually provided to the Creditors or any of them pursuant to clause 8.2;

  • Qualified Equity Interest means, with respect to any Person, any Equity Interest of such Person that is not a Disqualified Equity Interest.

  • Unrestricted Cash means cash or cash equivalents of the Borrower or any of its Subsidiaries that would not appear as “restricted” on a consolidated balance sheet of the Borrower or any of its Subsidiaries.

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Consolidated Secured Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Attributable Value means, as to a Capitalized Lease Obligation under which any Person is at the time liable and at any date as of which the amount thereof is to be determined, the capitalized amount thereof that would appear on the face of a balance sheet of such Person in accordance with GAAP.

  • Amortized Value means, when used with respect to an Investment Security purchased at a premium above or at a discount below par, the value as of any given date obtained by dividing the total amount of the premium or the discount at which such Investment Security was purchased by the number of days remaining to the first call date (if callable) or the maturity date (if not callable) of such Investment Securities at the time of such purchase and by multiplying the amount so calculated by the number of days having passed from the date of such purchase; and (a) in the case of an Investment Security purchased at a premium, by deducting the product thus obtained from the purchase price and (b) in the case of an Investment Security purchased at a discount, by adding the product thus obtained to the purchase price.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.