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.
Sample 1
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:
Sample 1

Examples of Valuation Formula in a sentence

  • 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.

  • Notwithstanding the provisions of Sections (l)(1), (l)(2) and (l)(3), provided the surviving entity pursuant to a Triggering Event is a Qualified Issuer as defined in Section (l)(4), then the surviving entity may elect to pay the Holder the value of this Warrant, calculated in accordance with the Agreed Valuation Formula in registered shares of its common stock valued at fair market value calculated based upon the closing price of the surviving entity’s common stock, as of the date of the Triggering Event.

  • 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").

  • 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.

  • 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").

  • Performance Measure: Return on Invested CapitalPerformance Period: January 1, 2017 through December 31, 2019 (36 months)Performance Payout: 0 - 200% of Award Grant, based upon established Share Award Valuation FormulaShare Award Valuation Formula: Return on Invested Capital, as measured over a three-year period.

  • Should the Ordinary Shares be unavailable for payment as marketable securities, such Participants shall receive, in the form of cash from the Company, the value of such Ordinary Shares that would be otherwise payable, determined in accordance with the EBITDA Valuation Formula.

  • 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").

  • Should the Ordinary Shares be unavailable for payment as marketable securities, such Participants shall receive, in the form of cash from the Company, the value of such Ordinary Shares that would be otherwise payable, as determined in accordance with the EBITDA Valuation Formula.


More Definitions of Valuation Formula

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.
Sample 1
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 PROMISSORY NOTE 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.
Sample 1
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 formula described in Exhibit 7.
Sample 1
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.
Sample 1

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).

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Valuation Point means such time as shall be specified in the relevant Supplement for each Fund.

  • Valuation Date means any day during the Plan Term where the Plan or the Securities are valued according to prevailing market conditions on that day.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Valuation Percentage means, for any item of Eligible Collateral, the percentage specified in Paragraph 13.

  • Class Coupon Formula The formula specified for each Class of variable rate Notes, as set forth in Appendix I for Original Notes and Appendix II for MAC Notes.

  • Valuation Cap means $8,000,000.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.

  • Plan Year means the calendar year.

  • Actuarial valuation means a mathematical determination of

  • Base Period Income is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Integration Level means the Social Security taxable wage base for the Plan Year, unless the Employer elects a lesser amount in (i) or (ii) below.