Examples of Second Tranche Purchase Price in a sentence
At the Second Tranche Closing, the Buyer shall deliver the Second Tranche Purchase Price to the Company via wire transfer or ACH payment to an account as designated by the Company.
The parties confirm that upon execution and delivery of such direction and acknowledgement, the Second Tranche Closing shall be complete and the value of the consideration shall have been satisfied by the promise to pay the Second Tranche Purchase Price pursuant to this Agreement.
The Second Tranche Purchase Price shall be reduced by the amount of any dividend distribution decided by the general shareholders meeting of the Company and effectively paid or payable by the Company to ND and MD prior to the Subsequent Closing Date.
An amount equal to the €39,000,000 less any such dividends shall be referred to herein as the " Minimum Second Tranche Purchase Price".
The Share Sale Agreement further provides that, to the extent Melco Resorts (or its nominee) is entitled to any such Entitlement and that Entitlement is received by CPH, the Second Tranche Purchase Price will be reduced by an amount equal to the amount of the Entitlement.