Valuation Methodology Sample Clauses

Valuation Methodology. The Borrower shall comply in all material respects with the Valuation Methodology. Unless the Agent reasonably consents to a replacement valuation agent, the Investment Adviser shall at all times use the valuation agent that is in place on the Closing Date.

Valuation Methodology. The underlying securities are valued by the Trustee on a daily basis using a methodology recognized by the FSC, one such being the Bloomberg Valuation Service (BVAL) methodology. Using the methodology, the Trustee will assign a market price to each underlying security. BVAL is the evaluated pricing service from Bloomberg, a leader in quality data and analytics. Prices are assigned on the bid side, which represents the price at which a market participant is willing to buy a security. These prices are independent, sourced from market data contributed by market participants. In the event that very significant price changes take place within a given day, the Trustee may limit the size of market changes to better reflect the prices that obtain based on an orderly market.

Valuation Methodology. In general, specific financial instruments and other Assets of the Partnership are valued as follows:

Valuation Methodology. For purposes of any distribution hereunder, the value of any non-cash property, including any equity securities or debt securities (the “Non-Cash Property”) shall be equal to either the Current Market Price (as defined below) or the Fair Market Value (as defined below) of such Non-Cash Property and will be determined as follows. (1) In the event that, in accordance with the provisions hereof, Non-Cash Property is to be distributed, the Collateral Agent shall first determine whether such Non-Cash Property is a security that is listed, admitted to trading or quoted on a national securities exchange or the NASDAQ National Market System (a “Marketable Security”), and, for each Marketable Security, its Current Market Price. The “Current Market Price” of a Marketable Security shall be deemed to be the average of the daily closing prices of such Marketable Security on the principal national securities exchange on which such Marketable Security is listed or admitted to trading or, if such Marketable Security is not so listed, the average daily closing bid prices of such Marketable Security on the NASDAQ National Market System if such Marketable Security is quoted thereon, in any such case, for the 20 consecutive trading days ending on the trading day immediately preceding the record day set by the Collateral Agent for the distribution of such Non-Cash Property. (2) Upon determination by the Collateral Agent that the Non-Cash Property to be distributed is not a Marketable Security (or that it is a Marketable Security, but its Current Market Price cannot be determined pursuant to clause (1) above), the Noteholders, the Additional Senior Secured Debt Holders and the Swap Creditors representing a majority of the then outstanding Aggregate Voting Credit with respect to the Finance Obligations shall promptly, but in any case within 30 days of receipt of a notice from the Collateral Agent of such determination: (i) appoint a nationally recognized investment bank (an “Independent Financial Expert”) with experience in similar transactions (for instance, transactions of a comparable size and magnitude) to determine the Fair Market Value of the Non-Cash Property to be distributed, and (ii) cause the Independent Financial Expert so appointed by it, to prepare and to deliver to the Collateral Agent a written report (a “Value Report”) specifying such Fair Market Value. (3) The Company shall provide, and shall cause its subsidiaries to provide, the Independent Financial Expert w...

Valuation Methodology. (1) Step 1—Valuation of family-held inter- ests. (2) Step 2—Subtract the value of senior eq- uity interests. (3) Step 3—Allocate the remaining value among the transferred interests and other family-held subordinate equity interests. (4) Step 4—Determine the amount of the gift. (5) Adjustment in Step 2.

Valuation Methodology. Each investment bank shall base its valuation on the assumption the (i) the sale is between a willing seller and a willing buyer; (ii) the Common Shares are sold free of all restrictions, liens, charges and other encumbrances; and (iii) the sale is taking place on the date on which the valuation of the Common Shares is determined.

Valuation Methodology. For purposes of this Agreement, fair market value shall be determined as per the provisions of Schedule C.

Valuation Methodology. The fol- lowing methodology is used to deter- mine the amount of the gift when sec- tion 2701 applies.

Valuation Methodology. For purposes of any distribution hereunder, the value of any non-cash property, including any equity securities or debt securities (the “Non-Cash Property”) shall be equal to either the Current Market Price (as defined below) or the Fair Market Value (as defined below) of such Non-Cash Property and will be determined as follows. (1) In the event that, in accordance with the provisions hereof, Non-Cash Property is to be distributed, the Collateral Agent shall first determine whether such Non-Cash Property is a security that is listed, admitted to trading or quoted on a national securities exchange or the NASDAQ National Market System (a “Marketable Security”), and, for each Marketable Security, its Current Market Price. The “Current Market Price” of a Marketable Security shall be deemed to be the average of the daily closing prices of such Marketable Security on the principal national securities exchange on which such Marketable Security is listed or admitted to trading or, if such Marketable Security is not so listed, the average daily closing bid prices of such Marketable Security on the NASDAQ National Market System if such Marketable Security is quoted thereon, in any such case, for the 20 consecutive trading days ending on the trading day immediately preceding the record day set by the Collateral Agent for the distribution of such Non-Cash Property. (2) Upon determination by the Collateral Agent that the Non-Cash Property to be distributed is not a Marketable Security (or that it is a Marketable Security, but its Current Market Price cannot be determined pursuant to clause (1) above), the Noteholders, the Additional Senior Secured Debt Holders and the Swap Creditors representing a majority of the then outstanding Aggregate Voting Credit with respect to the Finance Obligations shall promptly, but in any case within 30 days of receipt of a notice from the Collateral Agent of such determination: (i) appoint a nationally recognized investment bank (an “Independent Financial Expert”) with experience in similar transactions (for instance, transactions of a comparable size and magnitude) to determine the Fair Market Value of the Non-Cash Property to be distributed, and (ii) cause the Independent Financial Expert so appointed by it, to prepare and to deliver to the Collateral Agent a written report (a “Value Report”) specifying such Fair Market Value. (3) The Company shall provide, and shall cause its subsidiaries to provide, the Independent Financial Expert w...