Examples of Termination Purchase Price in a sentence
Under the definition of the Termination Purchase Price, reference is made only to the value, with no mention of debt or of a possibility that money could be owed by the terminating shareholder.
The district court reviewed the specific language of the Shareholders’ Agreement and determined that it “does not contemplate or allow a negative value.” Paragraph 4.4 refers only to the “purchasing” of the stock or the Termination Purchase Price.
Further, Holder acknowledges and understands that, in the event that the Company elects to exercise its Repurchase Option, the Termination Purchase Price may be less than the value of the Vesting Shares being repurchased by the Company, and that Holder bears any risk associated with the potential loss in value.
All payments under this Clause 11 (Early Termination Purchase Price and Procedure) shall be made in US Dollars.
The Customer shall ensure that such programme and materials shall not be disclosed or copied or permitted or suffered to be disclosed or copied to any third party or used for any other purposes.