Asset Price definition
Examples of Asset Price in a sentence
After delivery of a Contest Notice, the Company Group Member and Transocean shall be obligated to negotiate in good faith for a 30-day period following the delivery of the Contest Notice to reach an agreement Mandatory Offer Asset Price and/or any other material terms set forth in the Mandatory Offer Asset Notice.
Purchaser shall have delivered the Asset Price and the Estimated Stock Price and the other items and documents called for by Sections 4.2(b) and 4.2(c) before, on or as of the Closing Date.
The Stock Price to be paid at Closing shall be estimated based on the Closing Date Equity Schedule (the “Estimated Stock Price”) and, subject to the fulfillment of the conditions set forth herein, at the Closing, Purchaser shall pay or deliver to Sellers (i) an amount equal to the Estimated Stock Price, and (ii) an amount equal to the Asset Price.
In return for the Purchased Asset Price and other rights created by this Agreement, the Sellers hereby transfer, assign, sell, and grant, without recourse except as provided in Section 3.03 of this Agreement, on the Closing Date any and all of the Sellers' respective right, title and interest in and to all of the Purchased Assets relating to the Contracts set forth on Schedule I to the Assignment.
The Purchased Asset Price shall be paid in the form of cash or in such other form as the Sellers and the Issuer may agree.