TEV definition

TEV means total enterprise value

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TEV means total enterprise value. "Time Warner" means Time Warner Inc.

TEV means the total enterprise value of the Company, as calculated in accordance with the formula set in Clauses 2.4 or 3.4 (as the context may require).

Examples of TEV in a sentence

• In evaluating the Term Sheets, the Company will take into consideration, among other things, the TEV and EV implied by the proposed transaction, the form, value and certainty of recovery provided to prepetition creditors and shareholders, transaction structure and execution risk, including conditions to close, availability of financing, and approvals required.

• Fifty percent (50%) of the Tranche B Shares shall vest on the first date, if any, that the Total Enterprise Value equals or exceeds the First TEV Threshold, provided the Participant is employed by (or if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

• Fifty percent (50%) of the Tranche B Shares shall vest on the first date, if any, that the Total Enterprise Value equals or exceeds the Second TEV Threshold, provided the Participant is employed by (or if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

• Based on these two methodologies, the estimated TEV at the Effective Date is a range of $110 million to $135 million with a midpoint of approximately $122.5 million.

• The TEV is adjusted by the following amounts to determine the reorganized equity value of Reorganized Congoleum: (i) projected net funded debt and (ii) projected pension liabilities and other post-retirement benefit obligations.

• Applied to the Debtors' reported LTM September 30, 2007 EBITDA of approximately $23.2 million, this multiple indicates a TEV in a range of $104.4 million to $127.6 million with a midpoint of $116.0 million.

• Fifty percent (50%) of the Tranche B Shares shall vest on the first date, if any, that the Total Enterprise Value equals or exceeds the Second TEV Threshold, provided the Participant is employed by the Company or a Subsidiary on that date.

• Fifty percent (50%) of the Awarded Shares shall vest on the first date, if any, that the Total Enterprise Value equals or exceeds the Second TEV Threshold, provided the Participant is employed by (or if the Participant is a Contractor or an Outside Director, is providing services to) the Company or a Subsidiary on that date.

• Fifty percent (50%) of the Awarded Shares shall vest on the first date, if any, that the Total Enterprise Value equals or exceeds the Second TEV Threshold, provided that (i) the Participant is employed by or providing services to the Company or a Subsidiary on that date and (ii) such date occurs on or before the sixth (6th) anniversary of the Date of Grant.

• Fifty percent (50%) of the Tranche B Shares shall vest on the first date, if any, that the Total Enterprise Value equals or exceeds the First TEV Threshold, provided the Participant is employed by the Company or a Subsidiary on that date.

More Definitions of TEV

TEV means an amount equal to the following: (i) three times (3x) TTM Net Revenue, multiplied by 50%; plus (ii) fifteen times (15x) TTM EBITDA, multiplied by 50%.

TEV means the sum of the Implied Value of the outstanding Holdings Common Stock at the time of the Distribution, plus the “Issuance Value” (as such term is defined in the Certificate of Designations) of the Lumentum Series A Preferred Stock.

TEV means total enterprise value of a Person determined by calculating (i) in respect of an acquisition of shares of such Person, the sum of (x) the implied value of 100% of the outstanding share capital of such Person, calculated based on the per share price paid for the shares of such Person acquired as part of such acquisition, and (y) the market value on the date of such acquisition of the Debt of such Person, less (z) all cash or cash equivalents of such Person; and (ii) in respect of an acquisition of assets of such Person (x) the aggregate purchase price paid for such assets, less (y) without duplication, cash or cash equivalent of such Person acquired by the Borrower as part of a Qualifying Acquisition.

TEV means total enterprise value, which shall be reasonably determined by the Board in good faith as the sum of (i) the Fair Market Value of a share of Common Stock, multiplied by the number of shares of Common Stock then-outstanding, calculated on a fully-diluted basis (but excluding for this purpose, any Options or warrants (including Jones Act Warrants) with an exercise price less than the Fair Market Value of a share of Common Stock on the date of the applicable transaction), plus (ii) an amount equal to the then-principal amount of all the Company’s then-outstanding interest-bearing debt, minus the then-total balance sheet cash or cash equivalents, plus (iii) the Fair Market Value of all preferred stock of the Company, calculated on a fully-diluted basis, plus (iv) the aggregate amount of cash dividends or distributions made to, or redemptions from, the Company’s equityholders with respect to their equity holdings in the Company before the effective date of the Change of Control.

TEV means (a) with respect to AMO or AMI, as applicable, the sum of (i) the aggregate value of AMO’s or AMI’s (as applicable) outstanding equity at the time at which TEV is being determined plus (ii) the consolidated net indebtedness of such Person at the time at which TEV is being determined and (b) with respect to the Weider Business, the value of the entire Weider Business at the time at which TEV is being determined, which value will be determined as if all of the equity of the Weider Business were being sold without any minority discount on a debt-free basis with all income tax liability of the Weider Business relating to the pre-sale period being retained by the seller.

TEV means the product of (a) Combined EBITDA, multiplied by (b) 12, provided that, except as otherwise provided in this Agreement, the TEV shall not be less than the Minimum TEV;