Subsequent Valuation definition
Examples of Subsequent Valuation in a sentence
If a Subsequent Valuation shall be required, Two Harbors LLC and the REIT shall agree on an amount to be funded as of the date of such Subsequent Valuation to fund acquisitions between such date and the Closing, which shall be zero dollars if the parties are unable to agree, and Two Harbors LLC shall fund such amount (such amount, the “Subsequent Acquisition Cash Amount”).
If a Subsequent Valuation shall be required, Two Harbors LLC and the REIT shall agree on an amount to be funded as of the date of such Subsequent Valuation to fund renovations of Properties included in such Subsequent Valuation and Two Harbors LLC shall fund such amount (such amount, the “Subsequent Renovation Cash Amount”).
In the event that the Subsequent Valuation Date Statement deviates from the Preliminary Valuation Date Statement by more than five percent, then the Parties shall attempt in good faith to resolve any such deviation.
The Subsequent Valuation shall be delivered to the Company and the Warrant Agent no later than two (2) months following the Closing Date.
The Subsequent Valuation shall be the same valuation for the purpose of valuing the Common Stock in connection with the ESOP and for all other then present purposes for which a valuation of the Common Stock is required or advisable (including for investment of elective deferrals, rollover contributions, employee ESOP contributions and the Company’s profit sharing and matching contribution obligations), and shall value the Common Stock as of the Closing Date.
A Subsequent Valuation shall not reduce the number of Valuations permitted under Section 6.19(a).
During this ten (10) Business Day period, Refinery Buyer shall be permitted to review the working papers of Seller relating to, and shall be given access to the employee of Seller primarily responsible for the preparation of, the Subsequent Valuation Statement.
Not later than three Business Days prior to the Closing Date (the "Subsequent Valuation Date"), FNANB shall deliver to Purchaser the Subsequent Valuation Date Statement, along with sufficient reports and other supporting calculations so as to verify the calculations set forth in the Subsequent Valuation Date Statement, including the Master File Tape and the Master File extension record, calculated as of the Subsequent Valuation Date.
Any disagreements with or changes to the Subsequent Valuation Statement not included in a Notice of Disagreement, as required above, shall be waived by Refinery Buyer.
Such Subsequent Valuation shall be dated no earlier than a date falling six (6) months prior to the date of delivery in accordance herewith.