Minimum Valuation definition

Minimum Valuation means the sum of $100.0 million plus the gross proceeds to Enlivex from the Series C Financing.
Minimum Valuation shall have the meaning assigned thereto in the Pricing Side Letter.
Minimum Valuation means US$19,500,000.

Examples of Minimum Valuation in a sentence

  • Minimum Valuation £10,000,000 The ASA has a minimum valuation instead of a maximum valuation CAP.

  • From and after the issuance of the TIF Note and so long as the TIF Note remains outstanding and unpaid, Redeveloper, together with its successors and assigns, including subsequent purchasers of land within the Redevelopment Project Area, shall not protest any taxable valuation assessed for the Redevelopment Project Area, as determined by the appropriate assessing and taxing officials of Dawson County, Nebraska, for purposes of local ad valorem real estate taxes, to an amount below the Minimum Valuation.

  • The Redevelopment Contract further provides that Redeveloper, and its successors and assigns shall not: (a) protest the real property valuation of the Redevelopment Project Area to a sum less than the Minimum Valuation; or (b) convey the Redevelopment Project Area, or portion thereof, or any structures or units thereon to any entity which would be exempt from the payment of real estate taxes or cause the nonpayment of such real estate taxes.

  • Also, the Governing Documents provide that the Minimum Valuation Condition must be satisfied in order to avoid the requirement that the IPO be approved by either (a) the affirmative vote of each of the Outside Directors or (b) the affirmative vote and concurrence of 66 2/3% of the Series D Preferred Stock then outstanding.

  • Buyer hereby agrees and acknowledges that if construction of the Dwelling Unit has not commenced by the Commencement Date, Seller shall have the right to set the Effective Date for the Property (as more fully set forth in the Redevelopment Agreement) on or any time after the Commencement Date and Buyer shall have the obligation to make a payment in lieu of taxes based upon the Minimum Valuation, even if no improvements are constructed on the Property.

  • Each of TAO and Hakkasan Parent agrees that the determination of the Fair Market Value and Minimum Valuation by the Appraiser shall, absent manifest error, be deemed to be final, conclusive and binding on TAO and Hakkasan Parent.

  • If, during the period of this Redevelopment Contract and after the filing of a notice to divide, a portion of the Project Site is assessed at less than the Minimum Valuation, Redeveloper agrees to defer receipt of any shortfall in TIF Revenues caused thereby.

  • Notwithstanding the foregoing, if the Equity Financing is made at a Company valuation which is lower than the Minimum Valuation (a “Down Round”), the number of Safe Preferred Shares that the Company will issue to the Investor in conjunction with the consummation of the Equity Financing shall be equal to the price per share determined in such Equity Financing (without a discount thereon).

  • The "Minimum Valuation" shall be equal to (D / E) x 2.5%, where D is the total dollar amount of the equity financing closed, with such amount, less selling expenses, made available to K2, by the Valuation Date, and E is the percentage which the number of shares sold in the Equity Financing as of the Valuation Date is of the 10,000,000 total shares to be outstanding on or about the Valuation Date.

  • However, the 2.5% will be adjusted upward by 1.0%, to a total of 3.5%, if, by December 31, 2004 (the "Valuation Date"), a sufficient amount of funds have not been closed in connection with the Equity Financing (as defined in Section 7.6), such that the Minimum Valuation, as defined below, shall be at least $533,000.


More Definitions of Minimum Valuation

Minimum Valuation means INR 2,20,185 (Indian Rupees Two Lakhs Twenty
Minimum Valuation means $8,750,000,000.
Minimum Valuation means the product derived from this formula: US$[post-money valuation of series D+ round (incl, ESOP)] × (1+10%)n, where n = the number of actual days elapsed since the Original Issue Date of the Series D+ Preference Shares pursuant to Series D+ Share Purcahse Agreement II divided by 365.
Minimum Valuation means, as of any given date of determination, an amount (not below zero) equal to: (a) (i) the actual EBITDA for the last trailing four quarters as of such fiscal quarter end or fiscal year end, multiplied by (ii) eight (8)plus (b) Cash of the Company and its Subsidiaries, minus (c) the aggregate amount (which may be a negative amount) of Net Debt Reductions, in each case of clauses (b) and (c), as of the time utilized in the preparation of the applicable financial statements of the Company prepared as of the applicable date of determination; provided that with respect to an Approved Sale pursuant to Section 6.9(a)(i), the most recent fiscal quarter end prior to the date of the signing of the definitive agreement with respect to the Approved Sale will be used to calculate the trailing four quarters for purposes of determining the relevant Minimum Valuation.
Minimum Valuation means INR 2,20,185 (Indian Rupees Two Lakhs Twenty Thousand One Hundred and Eighty Five only) per Share of the Company, as may be adjusted for any share splits, share dividends, share combinations, recapitalizations or the like.

Related to Minimum Valuation

  • Company Valuation means $435,000,000.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • SPS FR Barrier Valuation Date means the Settlement Price Date.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and