Estimated Net Asset Value definition
Examples of Estimated Net Asset Value in a sentence
The Purchaser applies such a discount with the intention of making a profit by holding on to the Shares until the REIT is liquidated, sold, or listed on a national securities exchange, at a per-share price that is hopefully close to the full Estimated Net Asset Value.
If the Estimated Net Asset Value is less than One Hundred Seventy-Four Million One Hundred Ninety Thousand Dollars ($174,190,000), then the difference shall constitute a dollar-for-dollar reduction in the Estimated Purchase Price.
Completion Payment shall mean an amount equal to the sum of (i) an amount equal to 40% of the Estimated Net Asset Value plus (ii) $415,000,000.
In the event that the Closing Net Asset Value is less than Estimated Net Asset Value, then Sellers shall pay Purchaser cash in the amount of such shortfall.
In the event that the Closing Net Asset Value exceeds the Estimated Net Asset Value, then Purchaser shall pay Sellers cash in the amount of such excess.