Good Faith by the Issuer definition
Good Faith by the Issuer means the decision in good faith by a responsible financial or accounting officer of the Issuer.
Good Faith by the Issuer means the decision in good faith by a responsible financial officer of the Issuer; provided that (a) if such decision involves a determination of fair market value in excess of $7.5 million, the decision is made in good faith by the Senior Management of the Issuer and (b) if such decision involves a determination of fair market value in excess of $25.0 million, the decision is made in good faith by the board of directors of the Issuer.
Good Faith by the Issuer means the decision in good faith by a responsible financial or accounting officer of the Issuer, which determination shall be conclusive.
Examples of Good Faith by the Issuer in a sentence
The fair market value of any cash Restricted Payment shall be its face amount and any non-cash Restricted Payment shall be determined conclusively in Good Faith by the Issuer.
The Fair Market Value of any cash Restricted Payment shall be its face amount and any non-cash Restricted Payment shall be determined conclusively in Good Faith by the Issuer.
The amount of all Restricted Payments (other than cash) will be the fair market value (as determined in Good Faith by the Issuer) on the date of such Restricted Payment of the assets or securities proposed to be paid, transferred or issued by the Issuer or such Restricted Subsidiary, as the case may be, pursuant to such Restricted Payment.