VALUATION OF STOCK. For purposes of this Section 7, the fair market value of one share of the Class of Stock issuable upon exercise of this Warrant shall mean:
VALUATION OF STOCK. In the Accounts:-
VALUATION OF STOCK. The Stock of the Agency shall be valued and the sales price determined for purposes of this Agreement at $1.00 per share for the joint interests of Shareholders in each such share. The interest of a single Shareholder shall be equal to his or her fractional amount (with the numerator of one and the denominator being the total number of such Shareholders) of the sales price.
VALUATION OF STOCK. In the Last Accounts:
VALUATION OF STOCK. 5.1 Immediately following the Effective Time, the Council and the Trust shall carry out a stock review for the purposes of determining the composition and value of the Stock as at the Effective Time.
VALUATION OF STOCK. When it is necessary to value Stock held by the Plan, the value will be the current fair market value of the Stock, determined in accordance with applicable legal requirements. If the Stock is publicly traded, its fair market value will be based on the most recent closing price in public trading, as determined by the Trustee. If the Stock cannot be valued on the basis of its closing price in recent public trading, its fair market value will be determined by the Company in good faith based on all relevant factors for determining the fair market value of securities. Relevant factors include an independent appraisal by a person who customarily makes such appraisals, if an appraisal of the fair market value of the Stock as of the relevant date was obtained. In the case of a transaction between the Plan and an Employer or another party in interest, the fair market value of the Stock must be determined as of the date of the transaction rather than as of some other Valuation Date 55 occurring before or after the transaction. In other cases, the fair market value of the Stock will be determined as of the most recent Valuation Date.
VALUATION OF STOCK. IN-TRADE AND WORK IN PROGRESS
VALUATION OF STOCK. In the Accounts and the 2001 Accounts:
VALUATION OF STOCK. All assets of the Trust Fund shall be valued at fair market value, which in no event shall be less than the market price for such Stock as established by the average current bid and asked closing prices quoted on the OTC Bulletin Board, or in the alternative, the closing sales price for such Stock as quoted on the OTC Bulletin Board or such other established public market, or absent a quotation on such system or any national or regional stock exchange, then as determined by an independent appraisal by a person who customarily makes such appraisals.
VALUATION OF STOCK. The accounting policies and bases and the method of valuing stock and work-in-progress used in the preparation of the Last Accounts were the same as those adopted in the audited accounts of the Seller and the Subsidiaries for the immediately preceding 2 financial periods.
