Designated Value definition

Designated Value means, with respect to any Real Property, the book value of such Real Property, together with the book value of all fixtures appurtenant thereto and all improvements thereon.
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Designated Value of the shares on a specified date shall mean (i) the average of the closing prices of the common stock on the principal market or registered exchange on which the Company's common stock is traded (or the average of the closing bid and ask prices, if a single closing price is not reported for such market) on the ten (10) consecutive trading days next preceding the date for the determination of such value, provided that the stock is then traded on the over the counter market or on the NASDAQ System or any registered securities exchange, or (ii) if not publicly traded, the book value per share of the Company as of the end of the calendar quarter next preceding the date of determination of such value.
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Designated Value shall have the meaning given such term in Section 36(a) hereof.
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Examples of Designated Value in a sentence

  • The value of each Option to be surrendered in payment of the Option Price shall be determined by subtracting the Option Price from the Designated Value as of the date of receipt of notice of the exercise of the Options by the Corporate Secretary of the Company.

  • The 1996 Senior Management Options may be exercised in whole or in part, from time to time, at any time after vesting through December 31, 2006 by the payment of cash or the tender of shares of the Company's common stock (including shares of common stock otherwise receivable as a result of the exercise of said options or any other options) having a Designated Value equal to the exercise price of the 1996 Senior Management Options being exercised.

  • The 1996 Senior Management Options shall vest ratably as of the earlier of (i) the end of the three calendar years, 1997, 1998, 1999, or (ii) when and as the Designated Value of the Company's common stock has achieved the milestones of $7.00, $9.00, and $11.00 per share, respectively.

  • The value of Shares to be withheld shall be based on the Designated Value of the Common Stock on the date that the amount of tax to be withheld is to be determined.

  • Notwithstanding anything herein to the contrary, for purposes of the determination of Designated Value pursuant to the preceding proviso, the final paragraph of this Section 8.10(d)(ii) shall not apply.


More Definitions of Designated Value

Designated Value means $1,755.50 per Net Acre.
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Designated Value is defined in Sections 3.2(a), 3.2(d)(iii), 3.2(e)(iii), 3.2(f)(iii) and 3.2(g)(iii).
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Designated Value means the sum of One Thousand Dollars ($1,000) per share of Series A Preferred Stock plus all accrued and unpaid dividends thereon.
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Designated Value shall have the meaning ascribed thereto in Section 7.03(a).
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Designated Value applicable to the BOE-1 Incentive Units and to each such additional series of BOE Incentive Units to the extent necessary to cause such Units to constitute “profits interests” as provided in Section 3.2(k)(ii). The Designated Value for each such additional series of BOE Incentive Units shall equal not less than an amount that would, in the reasonable determination of the Board, be distributed with respect to each BOE Preferred Unit if, immediately prior to the issuance of such additional series, the assets of the Company were sold for their fair market value and the proceeds (net of any liabilities of the Company) were distributed pursuant to Section 6.1(c).
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Designated Value means $3.82 per share of Parent Common Stock.
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Designated Value means in connection with the Sale of the Company, the aggregate Net Payment Amount attributable to the Designated Shares at the time of consummation of the Sale of the Company (calculated as if all of the Designated Shares were acquired in the Sale of the Company, and valuing the shares that were not acquired in the Sale of the Company at the average sale price of the shares that were acquired in the Sale of the Company).
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