Equity Price. Unless valuation is required by applicable laws, the price for the Target Equity (the “Equity Price”) shall be equal to the actual amount of capital injection subscribed by Party B for the Target Equity.
Equity Price. At the Closing, Buyer and Merger Sub shall pay the Equity Price (based on estimates at Closing as described in Section 4.4(b), and excluding the Indemnity Escrow Amount) to, or at the direction of, Members’ Representative, including the portion thereof attributable to any Dissociating Units. All payments under or pursuant to this Agreement shall be made by wire transfer of immediately available funds to one or more accounts designated by Members’ Representative or by certified check if requested by Members’ Representative. All disbursements to Members shall be made (i) only after delivery by a Member of a duly executed Member Closing Agreement in the form attached as Exhibit H, or at a later date as otherwise permitted under the terms of the Member Closing Agreement, and (ii) using the information contained in Schedule 7.3 for the number and type of Units owned by each Member. Prior to the Closing Date, the Company may update the information on Schedule 7.3 by written notice to Buyer to reflect any changes that occur from and after the date of this Agreement in the information set forth on that Schedule; provided that, except as set forth in this Agreement, prior to the Closing Date, the Company shall not issue, authorize or sell any Units, or rights to acquire Units, or enter into any agreement providing for the issuance or sale of its Units. Buyer may withhold from the Purchase Price any amount of federal, state, local or foreign Taxes required to be withheld.
Equity Price. The price for the Target Equity will be agreed in good faith between the parties as soon as reasonably practicable following service of a Notice of Equity Purchase and in any event the price shall be the lowest price permitted by PRC law. In the event that a formal valuation is required and/or authorization or consents are required from the appropriate authorities in PRC, the parties undertake to use all reasonable endeavors to obtain such valuation, authorization and consents as may be required as soon as reasonably practicable.
