Cash Purchase Price means, with respect to any Incremental Purchase of any portion of the Asset Portfolio, the amount paid to Seller for such portion of the Asset Portfolio which shall not exceed the least of (i) the amount requested by Seller in the applicable Purchase Notice, (ii) the unused portion of the Purchase Limit on the applicable Purchase date, taking into account any other proposed Incremental Purchase requested on the applicable Purchase date, and (iii) the excess, if any, of the Net Portfolio Balance (less the Required Reserves) on the applicable Purchase date over the aggregate outstanding amount of the Aggregate Capital determined immediately prior to such Incremental Purchase, taking into account any other proposed Incremental Purchase requested on the applicable Purchase date.
Examples of Cash Purchase Price in a sentence
As of the date hereof, Xxxxx has paid eight million nine hundred and ninety-nine thousand seven hundred and twenty two thousand dollars and thirteen cents ($8,999,722.13) of the Cash Purchase Price to Seller, including three million nine hundred and ninety nine thousand seven hundred and twenty two thousand and thirteen cents ($3,999,722.13) being held on behalf of Buyer in the Xxxxxxx Law Group’s trust account.
The aggregate consideration to be paid for the Purchased Interests (the “Purchase Price”) shall be an amount equal to the Cash Purchase Price, plus the Equity Consideration, plus any Earnout Payments, plus the One Year Anniversary Payment.
More Definitions of Cash Purchase Price
Cash Purchase Price means, with respect to any redeemed or purchased Units, an amount of cash equal to the value of the Share Purchase Price (computed as of the Computation Date and equal to the Current Per Share Market Price on such Computation Date multiplied by the number of Shares) that would be payable with respect to such Units assuming the Share Purchase Price were paid in full satisfaction of the Purchase Price of such Units. In the event that the Share Purchase Price includes securities other than Shares, then the value of such other securities shall be determined by the General Partner acting in good faith on the basis of the closing prices of securities if listed on a nationally recognized exchange and otherwise on the basis of such quotations and other information as the General Partner considers, in its reasonable judgment, appropriate.