Stipulated Value Sample Clauses

Stipulated Value. The "Stipulated Value" per share shall be calculated annually. The stipulated value shall be the value per share as fixed by the shareholders at the preceding annual meeting of the Corporation (the "stock valuation date").

Stipulated Value. The Sirion Shareholders’ Representative and the Sytera Stockholders’ Representative expressly acknowledge and agree that, for purposes of this Agreement, in the case of any Sirion Indemnification Escrow Shares and/or Derivative Property to be released to a Claimant pursuant to this Agreement, the value (the “Stipulated Value”) of: (i) each Sirion Indemnification Escrow Share and each share of Surviving Corporation Common Stock issued as Derivative Property (whether by way of stock dividend, stock split or otherwise) shall be deemed to be equal to $100 (As-Adjusted); and (ii) any other Derivative Property issued in respect of (whether by way of stock dividend or otherwise) or in exchange for (including pursuant to or as a part of a merger, consolidation, acquisition of property or stock, reorganization or liquidation involving the Surviving Corporation) any Sirion Indemnification Escrow Shares shall be deemed to be equal to (a) $100 (As-Adjusted), multiplied by (b) aggregate number of Sirion Indemnification Escrow Shares underlying or exchanged for such Derivative Property.

Stipulated Value. For purposes of this Agreement, the "Stipulated Value" of each Escrow Share shall be deemed to be equal to $__________ [the closing sales price of a share of Parent Common Stock on the Closing Date will be inserted in the blank].

Stipulated Value. For purposes of this Escrow Agreement, the "Stipulated Value" of each Escrow Share means the Parent Average Stock Price as defined in the Merger Agreement.

Stipulated Value. For purposes of this Agreement, and except as provided in Section 5.2, the “Stipulated Value” of the Escrow Shares shall be deemed to be $0.23 per Escrow Share (i.e., the average of the last trading price per share of the Licensee’s Common Stock on the OTC Bulletin Board for the ten (10) consecutive trading days immediately preceding the date of this Agreement), irrespective of the actual fair market value of such Escrow Shares. The Stipulated Value of any non-cash property (other than Escrow Shares) received by the Escrow Agent in exchange for Escrow Shares and held in the Escrow Account shall be equal to the Stipulated Value of the Escrow Shares for which such property was exchanged.

Stipulated Value. For purposes of this Agreement, the "Stipulated Value" of each Escrow Share shall be deemed to be equal to the average closing price of a share of Parent Common Stock on the Approved Exchange over the ten (10) trading days ending on the trading day immediately prior to the Effective Time of Merger I, as set forth in a certificate delivered by Parent to the Escrow Agent. The Stipulated Value of any non-cash property (other than Escrow Shares) received by the Escrow Agent in exchange for Escrow Shares and held in the Escrow Account shall be equal to the Stipulated Value of the Escrow Shares for which such property was exchanged.

Stipulated Value. For purposes of this Agreement, the “Stipulated Value” of each Escrow Share shall be deemed to be equal to the Parent Average Stock Price, as set forth in a certificate delivered by Parent to the Escrow Agent and upon which the Escrow Agent may conclusively rely. The Stipulated Value of any non-cash property (other than Escrow Shares) received by the Escrow Agent in exchange for Escrow Shares and held in the Escrow Account shall be equal to the Stipulated Value of the Escrow Shares for which such property was exchanged.

Stipulated Value. For purposes of this Agreement, the "Stipulated Value" of each Escrow Share shall be deemed to be equal to $___________. If shares of Parent Capital Stock receivable at the Closing of the Reorganization Agreement are to be released to Parent they shall be valued at the Stipulated Value, and if securities (other than Parent Capital Stock receivable at the Closing) or other property are to be distributed to Parent, they shall be valued at their fair market value as agreed by Parent and the Stockholders' Agents, as set forth in a certificate signed by both Parent and at least one of the Stockholders' Agents and delivered to the Escrow Agent. Any failure of Parent and the Stockholders' Agents to agree shall be resolved as provided in Section 3(f) before one arbitrator chosen by the AAA.

Stipulated Value. For purposes of this Agreement, the "Stipulated Value" of each Escrow Share shall be deemed to be equal to $___________, which equals the Parent Average Stock Price as of the Closing Date under the Reorganization Agreement.