Applicable Multiple

Example Definitions of "Applicable Multiple"
Applicable Multiple. The average of (A) the Sizzler Multiple at the time of the exercise of the Put Option for which the Option Exercise Price is being determined and (B) either (i) eight (8) if such exercise is during Year 3, (ii) seven (7) if such exercise is during Year 4, or (iii) six (6) if such exercise is during Year 5 or Thereafter; provided, however, in no event shall the Applicable Multiple exceed nine (9) if such... exercise is during Year 3, or eight (8) if such exercise is during Year 4, or seven (7) if such exercise is during Year 5 or Thereafter. View More Arrow
Found in WORLDWIDE RESTAURANT CONCEPTS INC contract
Applicable Multiple. The Shall mean, with respect to any determination of the Option Exercise Price applicable to any particular exercise, the average of (A) the Sizzler Multiple at the time of the such exercise of the Put Option for which the Option Exercise Price is being determined and (B) either (i) ten (10) if such exercise is during Year 3, (ii) eight (8) if such exercise is during Year 3, (ii) 4, and (iii) seven (7) if such exercise is during Year 4, or (iii) six (6) if such exercise is during Year 5 or... Thereafter; provided, however, in no event shall the Applicable Multiple exceed eleven (11) if such exercise is during Year 3, or nine (9) if such exercise is during Year 3, 4, or eight (8) if such exercise is during Year 4, or seven (7) if such exercise is during Year 5 or Thereafter. View More Arrow
Found in WORLDWIDE RESTAURANT CONCEPTS INC contract
Applicable Multiple. The Shall mean, with respect to any determination of the Option Exercise Price applicable to any particular exercise, the average of (A) the Sizzler Multiple at the time of the such exercise of the Put Option for which the Option Exercise Price is being determined and (B) either (i) ten (10) if such exercise is during Year 3, (ii) eight (8) if such exercise is during Year 3, (ii) 4, and (iii) seven (7) if such exercise is during Year 4, or (iii) six (6) if such exercise is during Year 5 or... Thereafter; provided, however, in no event shall the Applicable Multiple exceed eleven (11) if such exercise is during Year 3, or nine (9) if such exercise is during Year 3, 4, or eight (8) if such exercise is during Year 4, or seven (7) if such exercise is during Year 5 or Thereafter. View More Arrow
Found in WORLDWIDE RESTAURANT CONCEPTS INC contract
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Applicable Multiple. Shall mean the following: i. If the Closing Market Price is less than 150 percent of the Pre-Negotiation Market Value, then the Applicable Multiple shall be equal to zero. ii. If the Closing Market Price is equal to or greater than 150 percent of the Pre-Negotiation Market Value but less than 175 percent of the Pre-Negotiation Market Value, then the Applicable Multiple shall be equal to one. iii. If the Closing Market Price is equal to or greater than 175 percent of the... Pre-Negotiation Market Value but less than 200 percent of the Pre-Negotiation Market Value, then the Applicable Multiple shall be equal to two. iv. If the Closing Market Price is equal to or greater than 200 percent of the Pre-Negotiation Market Value, then the Applicable Multiple shall be equal to three. Page 1 2 View More Arrow
Found in DECORA INDUSTRIES INC contract
Applicable Multiple. Shall mean the number identified as such on the signature page hereto.
Found in WEATHERFORD INTERNATIONAL LTD contract
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