Base Price definition
Examples of Base Price in a sentence
In consideration for the sale, transfer and delivery of all of the Acquired Interests to Purchaser, Purchaser shall pay to Seller, or otherwise contribute in the manner specified pursuant to the Financing Agreement, in either case, in accordance with Section 2.02(a), an aggregate amount equal to $230,099,506.00 (the “Base Price”) which shall be subject to adjustment in accordance with Section 2.04(a) (such adjusted Base Price, the “Purchase Price”).
The parties acknowledge and agree that the Minimum Price used to determine the Base Price hereunder represents the lower of (i) the Nasdaq official closing price of the Ordinary Shares on the Trading Market (as reflected on N▇▇▇▇▇.▇▇▇) on the date of this Agreement and (ii) the average Nasdaq official closing price of the Ordinary Shares on the Trading Market (as reflected on N▇▇▇▇▇.▇▇▇) for the five (5) consecutive Trading Days ending on the date of this Agreement.