Valuation Methodology definition
Examples of Valuation Methodology in a sentence
The fees and expenses of such Independent Actuary will be borne equally by the Parties; provided, that if the Independent Actuary determines that the Valuation Methodology shall be modified as proposed by the Ceding Company, the Reinsurer will pay or promptly reimburse the Ceding Company for all fees and expenses of the Independent Actuary.
As of the date hereof, the City National Valuation Methodology uses the Black-Scholes Model to value the options granted.
The Ceding Company shall not modify or change the Valuation Methodology on any of the Covered Insurance Policies without the prior written consent of the Reinsurer, unless such modifications or changes are required pursuant to SAP or otherwise under Applicable Law.
The City National Valuation Methodology for Option Awards is used to calculate the “Deemed Value” of each stock option award on the grant date.
The City National Valuation Methodology for Option Awards in effect as of the date hereof is attached hereto as Appendix B.