Recent Valuation definition

Recent Valuation means a valuation of the Ships then subject to a Mortgage determined in accordance with Clause 15.5 at a date not earlier than 14 days (or such longer period as the Lender may agree in its discretion) before the date by reference to which the aggregate value of the Ships is to be determined for the purposes of any applicable provision of this Agreement;
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Recent Valuation has the meaning ascribed to such term in section 6.9.
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Examples of Recent Valuation in a sentence

  • County Tax Valuation (Value) (Date of Most Recent Valuation) County Tax Valuation is not conclusive for value of real property.

  • If the Borrower or a third party has provided additional security in accordance with Clause 15.2 and subsequently, as evidenced by a Recent Valuation, the Security to Exposure Ratio, expressed as a percentage, exceeds 130%, such additional security or part thereof shall be released to the Borrower so that immediately after such release the Minimum Security Ratio is maintained.

  • Most Recent Valuation DateNext Required Valuation DateRetirement Pension PlansDecember 31, 2013December 31, 2016Senior Management Pension PlansDecember 31, 2013December 31, 2016Other Benefit PlansJanuary 1, 2016May 1, 2018 Multi-employer plansThe Company participates in various multi-employer pension plans which are administered by independent boards of trustees generally consisting of an equal number of union and employer representatives.

  • Without prejudice to the generality of the Borrower’s obligations under Clauses 20.3 and 21.3, the Borrower shall, on demand, pay the Lender all legal expenses incurred by the Lender in connection with any matter arising out of this Clause 15 and all the fees and expenses of the Panel in respect of no more than two valuations in any period of 12 months and any valuation (other than a Recent Valuation) specifically required for the purposes of Clause 15.3.

  • Most Recent Valuation DateNext Required Valuation DateRetirement Pension PlansDecember 31, 2013December 31, 2016Senior Management Pension PlansDecember 31, 2013December 31, 2016Other Benefit PlansMay 1, 2015May 1, 2018 Multi-employer plansThe Company participates in various multi-employer pension plans which are administered by independent boards of trustees generally consisting of an equal number of union and employer representatives.

  • Recent Valuation and Five-Year Trend (Market Capitalization if Publicly Traded Firm) In 2020, the Rolex brand was valued at approximately $7.9 billion U.S. dollars.

  • PURPOSEThis document is a guide to various valuation related documents used in (1) the acquisition of Warner by Time in the well-known Time-Warner case from 1989; and (2) the Five Recent Valuation Cases: Dell, AOL, Clearwire, Aruba, and RAI.

  • Summary of Recent Valuation Since our inception, we have been offering shares of our stock for sale for $10.00 per share.

  • These estimates understate the savings to be achieved from reducing insurance company administrative costs because the state estimates of insurance company medical loss ratios leave extensive scope for insurancecompanies to pass administrative costs as medical costs.

  • Without prejudice to the generality of the Borrower's obligations under Clauses 20.3 and 21.3, the Borrower shall, on demand, pay the Lender all legal expenses incurred by the Lender in connection with any matter arising out of this Clause 15 and all the fees and expenses of the Panel in respect of no more than two valuations in any period of 12 months and any valuation (other than a Recent Valuation) specifically required for the purposes of Clause 15.3.

Related to Recent Valuation

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Deficient Valuation With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding principal balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.

  • ST Valuation Date means the Redemption Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • SPS Valuation Date means the SPS FR Barrier Valuation Date or the Strike Date, as applicable.

  • Actuarial valuation means a mathematical determination of

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Excess valuation assets for a valuation period means, with

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • Auto-Call Valuation Date means, in respect of an Index and subject to the Adjustment Provisions, each day specified as such in the definition of Auto-Call Trigger Level, or if any such day is not a Scheduled Trading Day for such Index, the next following Scheduled Trading Day in respect of such Index.

  • Most Recent Balance Sheet Date has the meaning set forth in Section 4.6 hereof.

  • Exercise Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Exercise Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non-waivable by either the Issuer or the Holder.

  • Agreement Value means, for each Hedge Agreement, on any date of determination, an amount determined by the Administrative Agent equal to: (a) in the case of a Hedge Agreement documented pursuant to the Master Agreement (Multicurrency-Cross Border) published by the International Swap and Derivatives Association, Inc. (the “Master Agreement”), the amount, if any, that would be payable by any Loan Party or any of its Subsidiaries to its counterparty to such Hedge Agreement, as if (i) such Hedge Agreement was being terminated early on such date of determination, (ii) such Loan Party or Subsidiary was the sole “Affected Party”, and (iii) the Administrative Agent was the sole party determining such payment amount (with the Administrative Agent making such determination pursuant to the provisions of the form of Master Agreement); or (b) in the case of a Hedge Agreement traded on an exchange, the xxxx-to-market value of such Hedge Agreement, which will be the unrealized loss on such Hedge Agreement to the Loan Party or Subsidiary of a Loan Party party to such Hedge Agreement determined by the Administrative Agent based on the settlement price of such Hedge Agreement on such date of determination, or (c) in all other cases, the xxxx-to-market value of such Hedge Agreement, which will be the unrealized loss on such Hedge Agreement to the Loan Party or Subsidiary of a Loan Party party to such Hedge Agreement determined by the Administrative Agent as the amount, if any, by which (i) the present value of the future cash flows to be paid by such Loan Party or Subsidiary exceeds (ii) the present value of the future cash flows to be received by such Loan Party or Subsidiary pursuant to such Hedge Agreement; capitalized terms used and not otherwise defined in this definition shall have the respective meanings set forth in the above described Master Agreement.

  • Assessed Valuation means the valuation derived by applying the

  • Recent Balance Sheet has the meaning set forth in Section 3.5(a).

  • Coupon Valuation Date means the 30th of March, June, September and December of each calendar year during the term of the Securities, commencing September 30, 2010, or if such date is not an Index Business Day, then the first Index Business Day following such date, provided that the final Coupon Valuation Date will be the Calculation Date, subject to adjustment as provided under Section 3 hereof.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.