Sentences with phrase «market under specified conditions»
Not exact matches
(gg) «Stock Appreciation Right» or «SAR» means a right granted under Section 8 which entitles the recipient to receive an amount equal to the excess of the Fair Market Value of a Share on the date of exercise of the Stock Appreciation Right over the exercise price thereof on such terms and conditions as are specified in the agreement or other documents evidencing the Award (the «SAR Agreement»).
https://www.sec.gov/
Fair market value is defined as: «The most probable price for which the specified property rights should sell after reasonable exposure in a competitive market under all conditions requisite to a fair sale,...
«The most probable price for which the specified property rights should sell after reasonable exposure in a competitive market under all conditions requisite to a fair sale, with the buyer and seller each acting prudently, knowledgably, and for self - interest, assuming neither is under duress» (The Appraisal Institute, 2008).