Recorded Value definition

Recorded Value means, with respect to any asset or property of any Celeron Company or with respect to any services provided to any Celeron Company, the lower of the acquisition cost, or the fair market value, of such asset or property, as recorded in the financial records of such Celeron Company, or the cost of such services incurred by, or accrued on the records of, such Celeron Company.

Examples of Recorded Value in a sentence

  • If neither SHUSA nor the New Acquirer provides such notice to the Company within such five day period, then the Company’s determination of the Swap Recorded Value shall be final and binding on the Company, SHUSA and the New Acquirer for purposes of Section 6.20(a).

  • Each party promptly shall, upon request, make available to each other and the Swap Valuation Firm all relevant books and records, any work papers (including those of the parties’ respective accountants) and supporting documentation relating to the Swap Recorded Value, in each case to the extent within the control of such party.

  • The Swap Valuation Firm’s determination of the Swap Recorded Value shall be final and binding on the Company, SHUSA and the New Acquirer for purposes of Section 6.20(a).

  • In any case where the Swap Valuation Firm is required to render an opinion of the Swap Recorded Value, such opinion shall be rendered within 30 days of being engaged.

Related to Recorded Value

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Good Value means that the Benchmarked Rates are within the Upper Quartile

  • Assessed value means 1 of the following:

  • Stored value means monetary value that is evidenced by an electronic record.

  • Current Assessed Value means the annual taxable assessed value of all real and tangible