Start Value definition

Start Value means the hypothetical liquidation value (determined on a going concern basis) of the Class A Units (i.e., Book Value of the Company’s assets, reduced by the aggregate amount of the Company’s liabilities (but limited, in the case of liabilities that are non-recourse for non-tax purposes, to the collateral securing or otherwise available to satisfy such liabilities)) on the first Business Day following the Chapter 11 Plan Effective Date, which value shall be determined by the Board, by a Supermajority Vote of the Board, as soon as possible after the Chapter 11 Plan Effective Date, but in no event later than thirty (30) days after the Chapter 11 Plan Effective Date or upon such other date as determined by the Board.
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Examples of Start Value in a sentence

  • The initial level of the index on the Index Start Date corresponds to the Index Start Value.

  • The initial level of the index on the Iudex Start Date corresponds to the Iudex Start Value.

  • The initial level of the Index on the Index Start Date corresponds to the Index Start Value.

  • The initial Capital Contribution of each Member will be set forth on Schedule III hereto after the Start Value has been determined in accordance with the terms of this Agreement.

  • In the event of new equity capital or debt being introduced into FanDuel, the Committee may make such adjustments to the Value Creation Award, including the final Equity Value and the payout matrix described in Section 3, to ensure that any value created in respect of the new capital or debt is calculated on a consistent basis with the calculation of any value created in respect of the Start Value.

  • The “Increment Gain” is equal to the excess of the Equity Value as of the Measurement Date over the Start Value.

  • Index Start Value" is 1'000 index points and represents the Index Closing Value on Index Calcula- tion Day T=0 for the purposes of calculating the index in accordance with C).

  • The initial level of the Index on the Iudex Start Date corresponds to the Iudex Start Value.

  • If vice versa the Start Value is significantly above 1, % the amount of Jounce Damping would be higher than the amount of Rebound damping (forcing the Rear Body to move more Up than Down Hz resulting in an overall Higher Dynamic Ride Height over one Frequency Cycle.) This Phenomenon is the Key for understanding FFT Graphs.

Related to Start Value

  • 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.

  • Index Start Value means 1,000 index points and represents the Index Closing Value on Index Calculation Day T=0 for the purposes of calculating the index in accordance with C).

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

  • Best Value means the method by which a proposal/contract, if any, is awarded, in accordance with applicable laws, rules, and regulations. Best Value includes multiple parameters, including experience, references, quality of the Vendor's product(s)/service(s), and price, as detailed in Section 6.0 Evaluation and Award.

  • 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).