Purchase Equity definition

Purchase Equity means the equity invested by the Group in each Bulk Vessel Acquisition, being the purchase price net of any loans drawn down from banks or financial institutions at the time of and in relation to such acquisition and secured against the relevant Bulk Vessel;
View Source

Examples of Purchase Equity in a sentence

  • Party C hereby consents to Party B’s grant of the Exclusive Option to Purchase Equity to Party A.

  • Party B and Party C agree to sign the Transfer Contracts that are consistent with the terms and conditions of this Agreement when Party A or the Designees exercise the Exclusive Option to Purchase Equity or the Exclusive Option to Purchase Assets.

  • Regardless of whether there is any provision to the contrary, if the tax authority considers that the Equity Purchase Price or the assets purchase price is not a reasonable price and therefore adjusts the tax base, the resultant increase in tax shall be borne by Party B (applicable to the situation when Party A exercises the Exclusive Option to Purchase Equity) or by Party C (applicable to the situation in which Party A exercises the Exclusive Option to Purchase Assets).

  • The Warrant to Purchase Equity Units in Cakewalk LLC dated June, 1999 held by Entertainment Finance International, LLC shall have been amended to eliminate therefrom the antidilution protection relating to additional issuances of securities or changes in the exercise price or conversion ratio of any existing securities.

  • Party B and Party C agree to sign the Transfer Contracts consistent with the terms hereof when Party A exercises the Options to Purchase Equity Interest.

  • When exercising the Options to Purchase Equity Interest, Party A shall send a written notice (the “Equity Interest Purchase Notice”) to Party B, specifying: (a) Party A’s decision to exercise the Options to Purchase Equity Interest; (b) the share of equity interest to be purchased by Party A from Party B (the “Purchased Equity Interest”); and (c) the date of purchase/transfer of the Purchased Equity Interest.

  • Party A’s exercise of its Options to Purchase Equity Interest shall be subject to compliance with the provisions of Chinese laws and regulations.

  • At any time and from time to time during the Commitment Period, except during an OTC Blackout and except as otherwise provided in this Agreement, the Company may deliver an Accelerated Purchase Notice to Investor, subject to the Accelerated Purchase Notice Limit, and satisfaction of all Accelerated Purchase Equity Conditions, the conditions set forth in Article VII and otherwise provided herein.

  • Once the Notice of Purchase Equity Interest has been delivered, Wonder Dredging agrees to take all requisite action to transfer the valid ownership (the “Transfer Performance”) of the Equity Interest in Fujian Xing Gang to the WOFE and/or the Designated Person in any applicable PRC administrative departments for industry and commerce.

  • Party A may choose to exercise either of the Call Option to Purchase Equity or the Option to Purchase Assets.

Related to Purchase Equity

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Receivables Purchase Price means $1,610,505,281.69.

  • Stock Purchase Date has the meaning specified in the Stock Purchase Contract Agreement.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.