Common use of SALES PRICE Clause in Contracts

SALES PRICE. In the event SIG or IGF shall exercise the Call Mechanism, SIG or IGF shall pay CNA an amount equal to 6.70 times the Average Pre-Tax Income as computed pursuant to this Section.

SALES PRICE. In the event SIG or IGF shall exercise the a Change of Control Call Mechanism, SIG or IGF shall be obligated to pay CNA an amount equal to 6.70 times the Average Pre-Tax Income as computed pursuant to this Section; provided, however, that if SIG or IGFH exercises its the Call Mechanism in Crop Years 1998, 1999 or 2000, the amount paid to CNA shall not be less than fifteen million dollars ($15,000,000).