Common use of Determination of Fair Value Clause in Contracts

Determination of Fair Value. 17.1. Where the Fair Value of Shares and Loan Accounts, or the price of such Shares and Loan Accounts, or any Blyvoor Equity Interest Amount, as applicable, is required to be determined for any purpose under and in terms of this Agreement including, in terms of clause 11.2.1 as the such Fair Value, price or “Blyvoor Equity Interest Amount”, as applicable, shall be: (a) the amount agreed to between the relevant Parties within 10 (ten) Business Days of the date on which a Party requests a determination of such amount or, failing agreement, (b) the amount determined by the auditors of the Company, or such other independent expert as may be appointed in terms of clause 17.2 (the “Expert”).

Determination of Fair Value. 17.1. Where the Fair Value of Shares and Loan Accounts, or the price of such Shares and Loan Accounts, or any Blyvoor Equity Interest Amount, as applicable, is required to be determined for any purpose under and in terms of this Agreement including, in terms of clause 11.2.1 9.2.1, 10.1.1 or 12.5.1.1 as the case may be, such Fair Value, price or “Blyvoor Equity Interest Amount”, as applicable, shall be: (a) the amount agreed to between the relevant Parties within 10 (ten) Business Days of the date on which a Party requests a determination of such amount or, failing agreement, (b) the amount determined by the auditors of the Company, or such other independent expert as may be appointed in terms of clause 17.2 (the “Expert”).