Equity Price definition
Examples of Equity Price in a sentence
Notwithstanding anything else in Article II or this Article III to the contrary, payment of Merger Consideration and the Warrant Payments may be made in installments as necessary to take into account any adjustments to the Total Cash Equity Price pursuant to Section 2.7, and any Excess Payment.
The Parties agree that any indemnity payments pursuant to this Article IX shall be deemed to be an adjustment to the Total Cash Equity Price to the extent permitted by applicable Law.
Within sixty (60) days following the Closing Date, Parent will prepare and deliver to the Equityholders’ Representative an unaudited balance sheet of the Company as of the Closing (the “Closing Balance Sheet”), together with a statement (the “Closing Statement”) setting forth the Working Capital, the Closing Date Indebtedness, the Closing Date Cash and the Adjustment Amount, in each case, as reflected on and derived from the Closing Balance Sheet, and the Total Cash Equity Price.
Therefore, when Party A exercises its Call Option, the Equity Price shall be used by Party B to repay Party A for the loan, and Party A does not need to make any additional payment to Party B for the Equity Price.
SECTION 2.1 The Merger 15 SECTION 2.2 Effects of the Merger 15 SECTION 2.3 Closing 15 SECTION 2.4 Effective Time 15 SECTION 2.5 Certificate of Incorporation and Bylaws; Directors and Officers 15 SECTION 2.6 Conversion of Securities; Treatment of Company Options and Warrants 16 SECTION 2.7 Total Cash Equity Price Adjustments 18 SECTION 2.8 Payment of Company Transaction Expenses; Pro-Rata Bonuses 21 SECTION 2.9 Calculations and Iterative Process 21 ARTICLE III.
For example and for illustrative purposes only, if the Sellers challenge the calculation of the Aggregate Common Equity Price by an amount of $100,000, but the Accounting Referee determines that the Sellers have a valid claim for only $60,000, Sellers shall bear, in the aggregate, forty percent (40%) of the fees and expenses of the Accounting Referee and Purchaser shall bear the other sixty percent (60%) of such fees and expenses.
If the Estimated Net Working Capital is less than $5,175,000 (the "WORKING CAPITAL TARGET"), then the Aggregate Equity Price to be paid at Closing shall be reduced by the amount of such deficiency.
After the necessary tax withholding is made with respect to the Equity Price in accordance with the Laws of China, the Equity Price shall be transferred to the account designated by Party B within seven (7) days from the date when the Purchased Equity are formally transferred to Party A and/or its designee.
And Party B shall, within seven (7) days after receiving the Equity Price, refund the same to Party A and/or its designee.
As consideration for the Purchased Common Units, Purchaser shall pay to each Seller (or any respective designee(s) designated by such Seller) such Seller’s proportion (as determined in accordance with the Seller Proportions) of the sum of (x) the Preferred Unit Price, (y) the Estimated Aggregate Common Equity Price, and (z) the Class B Common Prorated Valuation.