Projected Value definition

Projected Value means that at the end of the five years from the date of grant, assuming an increase in market price of 15% per annum during the five years, the stock option may be exercised to obtain the stated value in excess of the exercise price. These options are subject to the vesting, forfeiture and other terms and conditions of the respective Stock Option Plan, except as specifically provided to the contrary in this Agreement.
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Projected Value means that at the end of five years from date of grant, assuming an increase in market price of 15% per annum during the five years, the stock option may be exercised to obtain stock having a market price with a present value of $375,000 over the exercise price. These options are subject to the vesting, forfeiture and other terms and conditions of the NGC Corporation Amended & Restated 1991 Stock Option Plan.
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Projected Value means the product of (i) the number of kilowatt- hours of NET ELECTRIC OUTPUT that PECO ENERGY purchases under the AGREEMENT during a BILLING MONTH and (ii) the applicable PROJECTED RATE.
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Examples of Projected Value in a sentence

  • The "Projected Value" of a Member's Cash Balance Account shall be determined by 16 calculating the Member's Cash Balance Account at Normal Retirement Date assuming such Member had continued to earn Cash Balance Credits through his Normal Retirement Date.

  • For the sake of clarity, in the event a Closing or the Accelerated Payment Date has not occurred as of the Anniversary Date, then a Bonus Payment in the amount of $1,280,000 (as adjusted up or down based on the percentage difference between the Projected Value of the Company as of the Anniversary Date and the Current Value) shall be paid to Xxxxxxx within 15 days after the Anniversary Date.

  • Total Projected Value: $2.75MM Amount: $1MM cash based on achieving three years of acceptable financial performance as agreed to by you and the CEO of Fluor Corporation and developing a "Board" acceptable successor and Senior Executive Management Team Payout: $333,333 will be deposited into a deferred account on 7/1/98, 7/1/99, and 7/1/00 for a total deferral of $1,000,000.

  • For the sake of clarity, in the event a Closing or the Accelerated Payment Date has not occurred as of the Anniversary Date, then a Bonus Payment in the amount of $1,280,000 (as adjusted up or down based on the percentage difference between the Projected Value of the Company as of the Anniversary Date and the Current Value) shall be paid to Xxxxxx within 15 days after the Anniversary Date.

  • The Projected Value of a Member's Cash Balance Account, payable as a single life annuity with a five-year period certain at Normal Retirement Date based on the Actuarial Equivalent factors in the Plan as of the Annuity Starting Date.


More Definitions of Projected Value

Projected Value means that at the end of five years from the date of grant, assuming a 15% compound annual growth rate of the market value of the Common Stock, the value of the equity award is, or it may be exercised to obtain Common Stock having a market price of; $1,000,000 over any applicable exercise price. These annual equity incentive compensation awards are subject to vesting, forfeiture and other terms and conditions of the Company's Long-Term Incentive Plan (or comparable successor plan). In the event that the Board desires to grant equity incentive awards to Executive on a date substantially different than the anniversary of the Commencement Date in order to make the grant to Executive hereunder concurrent with grants of equity incentive awards to other executive officers of the Company, then a proportionate adjustment shall be made in the minimum projected pre-tax value of awards relating to less than a full year. The initial annual equity incentive compensation award granted to Executive under this Section 5.3 shall consist of options to purchase 50,000 shares of Common Stock, with an exercise price equal to the fair market value of the Common Stock on the grant date, and with vesting at the rate of 25% per year on each anniversary of the grant date.
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Projected Value means Project’s final value of all Property, buildings, and improvements after Project Completion, of SIX MILLION, FIFTY-TWO THOUSAND, SIX HUNDRED EIGHTY- ONE DOLLARS ($6,052,681.00).
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Projected Value means $23,000,000;
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Related to Projected Value

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Adjusted Value as used in subdivision (d) means:

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Proportional Multi-Driver Project: “Proportional Multi-Driver Project” shall have the same meaning provided in the Operating Agreement. Pseudo-Tie:

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • depreciated value means the cost to the Joint Venturers of the assets on which allowable capital expenditure is incurred less the total amount deducted therefrom by way of depreciation pursuant to the provisions of paragraph (b) of this subclause;

  • Projected Recovery Amount The fair value of the estimated amount of subsequent recoveries, determined by Freddie Mac on the Termination Date, at its sole discretion, on the Credit Event Reference Obligations.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile;

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Assessed value means 1 of the following:

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).

  • Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

  • Original Assessed Value means zero dollars ($284,400), the taxable assessed value of the Developer Property as of March 31, 2020 (April 1, 2019), provided, however that in the event that a City revaluation occurs and results in an increase or decrease of any Developer Property that was included as a part of the initial Original Assessed Value as of April 1, 2019, the Original Assessed Value then in effect shall be increased or decreased by a like amount and such adjusted Original Assessed Value shall thereafter (subject to another City revaluation) be the Original Assessed Value for the purposes of this Agreement.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Initial assessed value means the assessed value, as equalized, of all the taxable property within the boundaries of the development area at the time the resolution establishing the tax increment financing plan is approved as shown by the most recent assessment roll of the municipality for which equalization has been completed at the time the resolution is adopted. Property exempt from taxation at the time of the determination of the initial assessed value shall be included as zero. For the purpose of determining initial assessed value, property for which a specific local tax is paid in lieu of a property tax shall not be considered property that is exempt from taxation. The initial assessed value of property for which a specific tax was paid in lieu of a property tax shall be determined as provided in subdivision (w).

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

  • Amortized Value means, when used with respect to an Investment Security purchased at a premium above or at a discount below par, the value as of any given date obtained by dividing the total amount of the premium or the discount at which such Investment Security was purchased by the number of days remaining to the first call date (if callable) or the maturity date (if not callable) of such Investment Securities at the time of such purchase and by multiplying the amount so calculated by the number of days having passed from the date of such purchase; and (a) in the case of an Investment Security purchased at a premium, by deducting the product thus obtained from the purchase price and (b) in the case of an Investment Security purchased at a discount, by adding the product thus obtained to the purchase price.