Examples of Estimated Fair Market Value in a sentence
If at any time new Units are to be issued to a Member making additional Capital Contributions to the Company pursuant to Section 3.03 or Section 3.04 and the Fair Market Value of the Units has not been agreed to by the Members as provided in Exhibit D, then the number of Units to be issued to such Member shall be determined based upon the Estimated Fair Market Value as of the date of issuance of the Units.
Because such appraisal could not be completed prior to the Closing Date, the Purchaser and Seller have estimated the fair market value of the Option Assets consisting of Class B shares and Class B voting trust certificates as $362,041.20 ("Estimated Fair Market Value") based upon the information known to them as of the Closing Date.
If Lessee does not purchase and Lessor directs Lessee not to sell the Equipment, then upon the expiration or termination of the Lease Term, Lessee, at its expense, shall promptly return the Equipment to Lessor or its designee, and shall pay to Lessor, in immediately available funds, on or before the last day of the Lease Term, as a preliminary adjustment to the Rent, an amount equal to the Estimated Fair Market Value of the Equipment as set forth in the Schedule.
Estimated Fair Market Value of the Property Xxxxxxxx Land Corporation Lumos Networks LLC 0000 Xxxxxxxxxx Xxxxxx, Xxxxxxxxxx, XX Xxxxxx of Kanawha 4/05 5/31/10 (with 2 additional 5 year options to renew) No No No $1,136,100 NTELOS Communications Inc.
If the Fair Market Value determined by the Independent Appraiser is less than ninety percent (90%) of the Participant’s Estimated Fair Market Value, the Participant may rescind his Put Notice by delivering a notice of rescission (the “Rescission Notice”) to the Board within ten (10) business days of the Independent Appraiser’s determination.