Special Termination Price definition

Special Termination Price has the meaning set forth in Section 2.01(a).

Special Termination Price shall have the meaning set forth in Section 2.01 of the Put/Call, Registration Rights and Standstill Agreement.

Examples of Special Termination Price in a sentence

• The Non-Terminating Member shall pay the Special Termination Price, and all accrued interest, in Cash.

• The Non-Terminating Member shall pay the entire Special Termination Price, together with accrued interest calculated as set forth in Section 2.01, on the Scheduled Closing Date.

• The Special Termination Price shall be an amount equal to the product of (i) 100% of the Appraised Value of the Company multiplied by (ii) the Terminating Member’s Percentage Interest.

• In some cases more than one appraisal or inspection may be obtained.Following receipt of the appraisal and inspection reports, Unison will calculate your Special Termination Price and provide you a statement of the amount.

• To do this, you pay us an amount called the Special Termination Price, which typically equals the amount of the Unison Investment Payment plus any profit Unison would have made if instead you were to sell your home at that time.

• Note that the amount of the Special Termination Price can never be less than the amount of the Unison Investment Payment.

• Upon receiving the Special Termination Price, the Unison HomeOwner Agreement will end and Unison will release its lien and have no further interest in your property.

• The Special Termination Price shall be an amount equal to the product of (i) 100% of the Appraised Value of the Company multiplied by (ii) the Terminating Member's Percentage Interest.

• Understanding The Special Termination Price CalculationsWhen you request a Special Termination of your Unison HomeOwner Agreement, we start by calculating the net amount that Unison would receive if you were to sell your home instead.

• If you prefer to use escrow services for the repurchase process, the exchange of the Special Termination Price and releasing documents may also be accomplished through a Unison-approved independent closing services provider at your expense.