Fair Market Value

Fair Market Value. Has the meaning ascribed to it in the Plan

Fair Market Value. The mean between the highest and lowest reported sales prices of the Common Stock on the New York Stock Exchange Composite Tape or, if not listed on such exchange, on any other national securities exchange on which the Company's common stock is listed or on The Nasdaq Stock Market, or, if not so listed on any other national securities exchange or The Nasdaq Stock Market, then the average of the bid price of the Company's common stock during the last five trading days on the OTC Bulletin Board... immediately preceding the last trading day prior to the date with respect to which the Fair Market Value is to be determined. If the Company's common stock is not then publicly traded, then the Fair Market Value of the Common Stock shall be the book value of the Company per share as determined on the last day of March, June, September, or December in any year closest to the date when the determination is to be made. For the purpose of determining book value hereunder, book value shall be determined by adding as of the applicable date called for herein the capital, surplus, and undivided profits of the Company, and after having deducted any reserves theretofore established; the sum of these items shall be divided by the number of shares of the Company's common stock outstanding as of said date, and the quotient thus obtained shall represent the book value of each share of the Company's common stock. View More

Fair Market Value. On any date means the fair market value of a share of Common Stock as determined by the Compensation Committee or, if the Common Stock is listed on an exchange, the average of the high and low market prices at which a share of Common Stock shall have been sold on such date, or the immediately preceding trading day if such date was not a trading day, as reported by the principal securities exchange on which shares of Common Stock are then traded

Fair Market Value. Shall mean, as of any date, the fair market value of Common Stock, as determined by the Administrator. Such determination shall be conclusive and binding on all persons

Fair Market Value. As of any date: (i) if the Investor Interests are not listed on a nationally recognized stock exchange, the value of such Investor Interests on that date, as determined by the Committee in its good faith discretion, subject to any appraisal rights of the Participant under the Shareholders Agreement, or (ii) if the Investor Interests are listed or admitted to unlisted trading privileges on a nationally recognized stock exchange, the closing price of the Investor Interests as reported on the... principal nationally recognized stock exchange on which the Investor Interests traded on such date, or if no Investor Interest prices are reported on such date, the closing price of the Investor Interests on the next preceding date on which there were reported Investor Interests prices View More

Fair Market Value. As of any date and in respect of any share of Stock, the fair market value of such stock as determined in good faith by the Committee after taking into account all relevant factors; provided, however, that the Fair Market Value of a share of Stock shall never be less than its book value. In the event that the Company's Stock is traded on an established market, then the closing price in the U.S. markets, on the nearest preceding trading day, as reported in the Midwest Edition of The Wall Street... Journal with respect to the principal market (or the composite of the markets, if more than one) in which such shares are then traded, or if no such closing prices are reported, the mean between the high bid and the low asked prices that day on the principal market or national quotation system then in use, or if no such quotations are available, the price determined by a professional securities dealer making a market in such shares, selected by the Committee View More

Fair Market Value. As applicable: (i) in the case of any Warrant Stock traded on a national securities exchange, the value equal to the average of the closing prices of such Warrant Stock on such exchange over the ten (10) trading day period ending one (1) trading day prior to the date this Warrant is being exercised; (ii) in the case of Warrant Stock actively traded over-the-counter, the value equal to the average of the closing bid or sale prices (whichever is applicable) over the ten (10) trading day period... ending one (1) trading day prior to the date this Warrant is being exercised; and (iii) in the event that there is no active public market for the Warrant Stock, the value equal to the fair market value thereof, as determined in good faith by the Board of Directors of the Company on the date this Warrant is being exercised. View More

Fair Market Value. Per Share on a particular date: (i) the mean between the high and low selling prices at which Shares are traded on the principal securities exchange (as that term is used in Section 6 of the Exchange Act) on which the Shares are traded on such date or, if Shares are not traded on such exchange on that date, the mean between the high and low selling prices at which Shares were traded on such exchange on the most recent day on which Shares were so traded; (ii) if the Shares are not listed or... admitted to trading on any such exchange, and prices of trades in Shares are regularly reported by the National Association of Securities Dealers Automated Quotations System, the mean between the high and low selling prices for Shares on such date as reported by such system, or, if no high or low selling prices for Shares are reported by such system for such date, then the mean between the high and low selling prices for Shares reported by such system for the most recent day in respect of which both high and low selling prices are quoted; or (iii) if neither subsection (i) or (ii) is applicable, the price determined by the Administrator. The Administrator also shall establish the Fair Market Value of any other property. If an actual sale of a Share occurs on the market, then the Company may consider the sale price to be the Fair Market Value of such Share. View More

Fair Market Value. Such reasonable price per share of Stock established by the Committee in good faith from time to time

Fair Market Value. The full appraised value per share, without any valuation discounts for any items (including but not limited to discounts for minority interest or lack of marketability), of the Units determined as of the Exercise Date, as follows: (I) the Parties shall mutually agree upon an independent appraiser who shall determine the Fair Market Value of the Units, which determination shall be binding upon the Parties; or (II) if the Parties cannot agree upon an independent appraiser within thirty (30) days... of the Exercise Date, each Party shall select an independent appraiser, each of the two independent appraisers will issue an appraisal of fair market value of the Units, and the Fair Market Value of the Units shall be the average of the two appraisals, which determination shall be binding on the Parties. To the extent the Put Right is exercised in connection with a Change of Control, the Fair Market Value shall be the value attributed to the Units in connection with the Change of Control transaction. View More