Relevant Value definition

Relevant Value has the meaning specified in Section 3.4(d) hereof.
Relevant Value means the value of the assets of the Issuer and Guarantor calculated on the basis of their book value (as reflected in the accounts of the Issuer and Guarantor) adjusted by reference to the open market value of the immovable property of the Issuer and Guarantor respectively as determined by their respective directors on the basis of independent professional advice/valuation procured by them.
Relevant Value means the value of the Warrants as set forth in the Value Report in accordance with Section 3.4(d) hereof.

Examples of Relevant Value in a sentence

  • The determination as to Relevant Value in accordance with the provisions of this Section 3.4(d) shall be conclusive on all Persons.

  • The Independent Financial Expert shall consult with management of the Company in order to allow management to comment on the proposed Relevant Value prior to delivery to the Company of any Value Report of the Independent Financial Expert.

  • The determination of the Independent Financial Expert as to Relevant Value in accordance with the provisions of this Section 3.4(d) shall be conclusive on all Persons.

  • As of the Recalculation Date, the updated Relevant Value shall replace the original Relevant Value and any reference to the Relevant Value in these Conditions thereafter shall be deemed to be a reference to the updated Relevant Value, it being understood that in the absence of such confirmation by a qualified second party opinion provider the original Relevant Value shall continue to apply.

  • Threshold Increase Notices shall be given promptly by the Issuer to the Trustee and the Noteholders in accordance with the Conditions, provided that this provision is without prejudice to, and autonomous from, the recalculation of the Relevant Value upon occurrence of a Recalculation Event.


More Definitions of Relevant Value

Relevant Value of any securities to be delivered by the Defaulting Party shall, subject to paragraph 10.5 below, equal the Offer Value of such securities; and
Relevant Value means the estimated market value of the particular family asset at the date of valuation of the particular family asset in connection with the first financial assessment of the relevant person or the other member, as the 15 case may be, less allowable deductions applicable to that asset.”,
Relevant Value means the sum of the Issue Price, the accrued Original Issue Discount and accrued cash interest, if any, on such Security to the day immediately preceding the first day of the applicable Semiannual Period. "Security Market Price" means, as of any date of determination, the average of the secondary market bid quotations per $1,000 Principal Amount at Maturity of Securities obtained by the Bid Solicitation Agent for $5 million Principal Amount at Maturity of Securities at approximately 4:00 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers (none of which shall be an Affiliate of the Company) selected by the Company; provided, however, that if (a) at least three such bids are not obtained by the Bid Solicitation Agent or (b) in the Company's reasonable judgment, the bid quotations are not indicative of the secondary market value of the Securities as of such determination date, then the Securities Market Price for such determination date shall equal the product of (i) the Conversion Rate in effect as of such determination date multiplied by (ii) the average Sale Price of the Common Stock for the five Trading Days ending on such determination date, appropriately adjusted to take into account the occurrence, during the period commencing on the first of such Trading Days during such five Trading Day period and ending on such determination date, of any event described in Section 11.06, 11.07 or 11.08 hereof (subject to the conditions set forth in Sections 11.08 and 11.10 hereof). The Original Issue Discount of the Securities will continue to accrue whether or not Contingent Cash Interest payments are made.
Relevant Value means the sum of the Issue Price and the accrued Original Issue Discount of one Security having a Principal Amount of $1,000 divided by the number of shares of Common Stock into which such Security is convertible.
Relevant Value means, in respect of any Blue Owl Carry Common Units, an amount equal to the product of (i) the number of Blue Owl Carry Common Units multiplied by (ii) $0.012289.
Relevant Value means the market value of a Share determined in accordance with Part VIII of the Taxation of Chargeable Gains ▇▇▇ ▇▇▇▇.
Relevant Value means the sum of the Issue Price and the Accrued Original Issue Discount on such Security as of the day immediately preceding the first day of the applicable Semi-annual Period. "Security Market Price" means, as of any date of determination, the average of the secondary market bid quotations per $1,000 Principal Amount at Maturity of Securities obtained by the Bid Solicitation Agent for $10 million Principal Amount at Maturity of Securities at approximately 4:00 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers (none of which shall be an Affiliate of the Company) selected by the Company; provided, however, that if (a) at least three such bids are not obtained by the Bid Solicitation Agent or (b) in the Company's reasonable judgment, the bid quotations are not indicative of the secondary market value of the Securities as of such determination date, then the Security Market Price for such determination date shall equal the product of (i) the Conversion Rate in effect as of such determination date multiplied by (ii) the average Sale Price of the Common Stock for the five trading days ending on such determination date, appropriately adjusted to take into account the occurrence, during the period commencing on the first of such trading days during such five trading day period and ending on such determination date, of any event described in Section 10.06, 10.07 or 10.08 (subject to the conditions set forth in Sections 10.09 and 10.10). Notwithstanding anything herein to the contrary, Contingent Cash Interest shall be payable on the Securities for the Semi-annual Period from September 12, 2006 to March 11, 2007, and, solely for the purpose of determining the average Security Market Price for the Five-Trading-Day Measurement Period applicable to such Semi-annual Period, all references to "Securities" in the definition of Security Market Price shall be deemed to refer to "▇▇▇▇▇". The Original Issue Discount of the Securities will continue to accrue whether or not Contingent Cash Interest payments are made or are payable.