BPar’s Management Team Call Sample Clauses

BPar’s Management Team Call. BPar shall have the right, by giving written notice to the Management Team, individually or collectively, during the exercise period starting January 1, 2018 and ending June 30, 2018, to purchase from the Management Team, individually or collectively, their respective share in the Remaining Interest at a purchase price equal to seven point two (7.2) multiplied by the EBITDA of Buyer and PGS and its subsidiaries for the four (4) full calendar quarters immediately preceding the date of the relevant notice multiplied by the percentage of their ownership in the Remaining Interest. The closing shall take place as soon as practicable, and no later than ninety (90) days from the issuance by BPar of relevant the notice, and the payment shall be made in cash, in immediately available funds, without any deduction or retention of whatsoever nature, except as provided in Section 7.10, and subject to the Post-Indemnity Escrow Deduction, defined in Section 9.6.1, simultaneously with the transfer of title to the Remaining Interest.
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Related to BPar’s Management Team Call

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