TEQV definition

TEQV means an amount equal to the following, in each case determined as of the Call Closing Date: (i) the TEV, minus (ii) Indebtedness of the Company (excluding Indebtedness under the Note), plus (iii) Cash of the Company lawfully available for distribution to its Stockholders, multiplied by (iv) the Applicable Percentage.
View Source

Examples of TEQV in a sentence

  • The purchase price per Share (the “Call Price”) to be paid by Neptune to each Grantor for all of its Shares (upon Neptune’s exercise of the Call Option, such Shares are referred to herein as the “Called Shares”) purchased by Neptune on the Call Closing Date will be equal to (i) the TEQV, divided by (ii) the Common Stock Deemed Outstanding as of the Call Closing Date.

Related to TEQV

  • Backsiphonage means backflow due to a reduction in system pressure in the purveyor's distribution system and/or consumer's water system.

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • Beam axis means a line from the source through the centers of the x-ray fields.

  • snippetLinks [{"key":"specifically","type":"clause","offset":[20,32]},{"key":"provided-herein","type":"clause","offset":[33,48]},{"key":"at-the-closing","type":"clause","offset":[50,64]},{"key":"the-parties-shall","type":"clause","offset":[65,82]},

  • Micro wireless facility means a small cell facility that is not larger in dimension than 24 inches in length, 15 inches in width, and 12 inches in height and that has an exterior antenna, if any, not longer than 11 inches.