Call Option Exercise Price. The Call Option Exercise Price shall be determined as of the Exercise Date and shall be equal to: (i) the sum of the BCP Contribution and the BCP Call Hurdle Profit, if Total Equity Value is equal to or less than Total Call Hurdle Value; or (ii) the sum of (a) the BCP Contribution, (b) the BCP Call Hurdle Profit, (c) 50% of Excess Value One, if any and (d) 25% of Excess Value Two, if any, if Total Equity Value is greater than the Total Call Hurdle Value.
Appears in 3 contracts
Samples: Put/Call Agreement (Prime Succession Inc), Put/Call Agreement (Loewen Group Inc), Put/Call Agreement (Loewen Group Inc)
Call Option Exercise Price. The Call Option Exercise Price shall be determined as of the Exercise Date and shall be equal to:
(i) the sum of the BCP Contribution and the BCP Call Hurdle Profit, if Total Equity Value is equal to or less than Total Call Hurdle Value; or
(ii) the sum of (a) the BCP Contribution, (b) the BCP Call Hurdle Profit, (c) 5030% of Excess Value One, if any and (d) 2515% of Excess Value Two, if any, if Total Equity Value is greater than the Total Call Hurdle Value.
Appears in 2 contracts
Samples: Put/Call Agreement (Rose Hills Co), Put/Call Agreement (Loewen Group Inc)
