Implied Value definition

Implied Value means the value of the Company that is implicit in the Offering Price, before giving effect to underwriting discounts and costs and expenses of the IPO.

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Implied Value as applied to Capital Stock means the Cost of such Capital Stock plus an implied 25% return on Cost, compounded annually, from the date of payment by Shareholder of such Cost and ending on the date that Implied Value is required to be determined.

Implied Value means for any Hotel Property an amount arrived at based upon that Hotel Property's Adjusted Cash Flow, divided by the Applicable Cap Rate.

Examples of Implied Value in a sentence

In the case of a Marital Relationship Transfer, the Notice of Involuntary Transfer will constitute an irrevocable offer by the Interested Party to sell all or any portion of the Subject Shares to the Former Shareholder, at a price equal to the greater of Equity Value or Implied Value, if the Involuntary Transfer occurs prior to August 1, 2010, and at Fair Market Value if the Involuntary Transfer occurs thereafter.
The Notice of Involuntary Transfer will constitute an irrevocable offer by the Interested Party to sell to the Company all or any portion of the Subject Shares that is not purchased by the Former Shareholder pursuant to Section 3(b), at a price equal to the greater of Equity Value or Implied Value, if the Involuntary Transfer occurs prior to August 1, 2010, and at Fair Market Value if the Involuntary Transfer occurs thereafter.
The Cost and Implied Value for each Hotel Property from which the Borrowing Base can be determined.
As of the last day of any fiscal quarter, the Total Indebtedness to Implied Value Ratio to exceed 0.40 to 1.0.
As of any date, Borrowers shall not permit the ratio of (i) the Implied Value of any one Borrowing Base Property, to (ii) the Borrowing Base, to exceed .20 to 1.0.

More Definitions of Implied Value

Implied Value means, with respect to an Exit Event or Partial Exit, the quotient of (A) the aggregate amount of Potential Proceeds payable in respect of the relevant sale, transfer or other disposition of the Subject Shares or the Remaining Shares (as the case may be), divided by (B) a fraction, the numerator of which is equal to the number of Subject Shares or Remaining Shares (as the case may be) sold, transferred or disposed of in such Exit Event or Partial Exit, and the denominator of which is equal to the aggregate number of shares of the Buyer’s capital stock outstanding immediately prior to such transaction on a fully-diluted basis.

Implied Value means the number obtained by the following formula:

Implied Value means, for each Company Share, an amount equal to the product of the Exchange Ratio and the Parent Share Price;

Implied Value means as to each Escrowed Share, the deemed value of such share used by the parties to the JetPay Escrow Agreement for purposes of satisfying a claim thereunder; provided, however, that if such parties do not specify or otherwise agree upon a deemed value of such share, the deemed value for purposes of this Agreement shall be the fair market value.

Implied Value means in relation to the transfer or surrender of any shares of common stock by any Investor as part of any Partial Liquidity Event, the per common share consideration received by that Investor, net of all transaction and brokerage costs, and (subject to clause 3.4) net of the maximum amount of consideration due to that Investor that may be held back in any escrow arrangements, multiplied by the number of shares of common stock of the Company in issue at the date of such transfer or surrender, immediately prior to such transfer or surrender, on a Fully Diluted Basis; and

Implied Value means, with respect to any Hotel or Borrowing Base Property as of any determination date, (a) Adjusted NOI from such Hotel or Borrowing Base Property for the twelve (12) month period ending on the date of determination, divided by (b) the Capitalization Rate as of such date.

Implied Value means, with respect to any Real Property on any date, an amount equal to the Adjusted Cash Flow of such Real Property for the four full fiscal quarters most recently ended on or prior to such date, divided by the Capitalization Rate. For purposes of determining the Implied Value of any Real Property which has not been operational for four full fiscal quarters, the Adjusted Cash Flow attributable to such Real Property shall be deemed to be the result obtained by annualizing the components of the actual Adjusted Cash Flow attributable to such Real Property for the period that such Real Property has been operational.

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