Valuation Formula definition

Valuation Formula means a formula which values a share or interest by reference to:
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Valuation Formula means the price obtained for a Class B Membership Interest by reference to the following formula: Class B Member's Membership Interest Price = ((CAD X PMI)/CTY) + SCC Where: CAD means the total distributions paid by the Partnership to the Company with respect to the quarter in which the measurement date occurs, multiplied by four; CTY means the total distributions to be paid by the Partnership on each common unit of the Partnership during the quarter in which the measurement date occurs, multiplied by four, and divided by the average closing price of the Partnership's common units for the twenty trading days preceding the measurement date.
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Valuation Formula means, with respect to a particular person, the sum of (i) the product of the Closing EBITDA for the applicable period, multiplied by 9.09, (ii) less outstanding indebtedness for borrowed money as at the end of such applicable period, and (iii) plus cash on hand as at the end of such applicable period.
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Examples of Valuation Formula in a sentence

  • In the event Emmis elects pursuant to this Section 6.2 to pay a Contract Year Bonus in Shares, the exact number of Shares to be awarded to Executive shall be determined by dividing the total dollar amount of the applicable Contract Year Bonus by the average of the reported high and low Share price on a valuation date to be used by Employer in determining similar cash incentive compensation awards for other members of Employer's senior management team (the "Valuation Formula").

  • The Company shall pay to MB, as an expense of the business, interest in arrears on the last business day of each month at the Membership Interest Rate on an amount equal to the excess of (x) the value of such Memberships (determined in accordance with the Valuation Formula) over (y) the cost thereof.

  • In the event MB should withdraw from the Company under circumstances where the Company continues in business as a registered broker-dealer and specialist on the Exchange, the Company shall pay MB in respect of each of such Memberships an amount equal to the excess of (i) the value of such Membership (determined in accordance with the Valuation Formula), over (ii) the cost thereof.

  • The maximum number of shares of NHancement Common Stock to be issued in exchange for the cancellation of all outstanding Trimark Capital Stock shall be Seven Hundred Fifty Thousand (750,000) shares and warrants (in the form attached as Exhibit "A") to purchase Two Hundred Fifty Thousand (250,000) shares of NHancement Common Stock at a warrant price equal to the then current fair market value at Closing (further subject to the Valuation Formula set forth in Section 4.2 below).

  • If, notwithstanding the prohibition set forth in Section 12.1 hereof, applicable law requires that a Transfer of Membership Interests in breach of this Article 12 must be given effect, the Company shall have, for a period of five (5) years following the date of such Transfer, the right to purchase from the Transferee of such noncomplying Transfer the Membership Interests so Transferred at the price established by the Valuation Formula calculated as of the date the Transfer occurred ("Transfer Date").

  • Executive understands and agrees that Employer shall have the right, in its sole and absolute discretion, to pay to Executive the value of the Bonus Shares (according to the Valuation Formula) in cash in lieu of granting Executive the Bonus Shares.

  • Market Price as of any such date shall equal the greater of: (X) the closing price of a share of Intelliworxx Stock one day prior to such date or (Y) the average closing price of shares of Intelliworxx Stock for the thirty (30) trading days prior to such date ("Valuation Formula").

  • On or before 90 days after the actual Maturity Date, Lender shall compute the Valuation Formula and Borrower shall pay Lender such amount.

  • Employer shall have the right, in its sole and absolute discretion, to pay to Executive the value of the Bonus Shares (according to the Valuation Formula) in cash in lieu of granting Executive the Bonus Shares.

  • For purposes of this paragraph only, Lender shall estimate the Valuation Formula based on the most recent year end Balance Sheet and Income Statement and shall hold such funds in an escrow pending the actual valuation to be determined on August 1, 2007.


More Definitions of Valuation Formula

Valuation Formula means the difference between 5 times EBITDA (earnings before interest, taxes, depreciation, amortization), plus cash (determined per Borrower’s Balance Sheet and Income Statement on December 31, 2003 for the 2003 calculation and as of July 31, 2007 for the August 1, 2007 calculation), less total interest-bearing debt (determined per Borrower’s Balance Sheet and Income Statement on December 31, 2003 for the 2003 calculation and as of July 31, 2007 for the August 1, 2007 calculation) as of December 31, 2003 and August 1, 2007 multiplied by three (3.00%) percent. For purposes of example only, the quarterly interest payments and new principal balances shall be computed as follows: August 2, 2004 through October 31, 2004: $500,000.00 x 15% = $75,000.00 / 365 = $205.48 x 91 days = $18,698.68 $500,000.00 x 10% = $50,000.00 / 365 = $136.99 x 91 days = $12,465.75 $18,698.68 - $12,465.75 = $6,232.93 Borrower pays Lender on October 31, 2004 - $12,465.75 Lender adds the difference b/w 15% and 10% ($6,232.93) to the $500,000.00 principal balance for a new principal balance of $506,232.93. November 1, 2004 through January 31, 2005 $506,232.93 x 15% = $ 75,934.94 / 365 = $208.04 x 92 days = $19,139.76 $500,000.00 x 10% = $50,000.00 / 365 = $136.99 x 92 days = $12,603.08 $19,139.76 - $12,603.08 = $6,536.68 Borrower pays Lender on January 31, 2005 - $12,603.08 Lender adds the difference between 15% and 10% ($6,536.68) to the current principal balance of $506,232.93 for a new principal balance of $512,769.61. All payments to be made by Borrower to Lender shall be mailed to the address set forth at the beginning of this Note.
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Valuation Formula means the formula used by Citibank Canada to calculate the NAV on each Reset Date and on the Valuation Date, as set forth below:
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Valuation Formula means the formula described in Exhibit 7.
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Valuation Formula means the financial measurement approved by the Board used to determine the ending value of Performance Units.
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Valuation Formula means the detailed formula utilized by Buyer in order to value the Inventory and the Loans. A detailed description of the formula is attached hereto as Exhibit F.
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Related to Valuation Formula

  • Payout Formula means as to any Performance Period, the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to Participant.

  • Performance Formula means, for a Performance Period, the one or more objective formulae applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • Formula means the appropriate secondary road fund distribution formula or farm-to-market road fund distribution formula as defined in subrules 102.2(2) and 102.2(3).

  • Valuation Period shall have the meaning specified in Section 14.04(c).