Consideration for Shares. On the Closing Date, (i) CPLP shall pay to CMTC (to such account as CMTC shall nominate) the amount of US Dollars $1,375,000 (the “Additional Consideration”) and transfer the Shares B in exchange and as consideration for the Shares A and (ii) CMTC shall transfer the Shares A in exchange for payment of the Additional Consideration and the Shares B. CPLP shall have no responsibility or liability hereunder for CMTC’s allocation and distribution of the Additional Consideration among the CMTC Entities.
Appears in 2 contracts
Samples: Share Purchase Agreement (Capital Product Partners L.P.), Share Purchase Agreement
Consideration for Shares. On the Closing Date, (i) CPLP shall pay to CMTC (to such account as CMTC shall nominate) the amount of US Dollars $1,375,000 $ 4,000,000 (the “Additional Consideration”) and transfer the Shares B in exchange and as consideration for the Shares A and (ii) CMTC shall transfer the Shares A in exchange for payment of the Additional Consideration and the Shares B. CPLP shall have no responsibility or liability hereunder for CMTC’s allocation and distribution of the Additional Consideration among the CMTC Entities.
Appears in 2 contracts
Samples: Share Purchase Agreement (Capital Product Partners L.P.), Share Purchase Agreement (Capital Product Partners L.P.)
Consideration for Shares. On the Closing Date, (i) CPLP CMTC shall pay to CMTC CPLP (to such account as CMTC CPLP shall nominate) the amount of US Dollars $1,375,000 1,625,000 (the “Additional Consideration”) and transfer the Shares B A in exchange and as consideration for the Shares A B and (ii) CMTC CPLP shall transfer the Shares A B in exchange for payment of the Additional Consideration and the Shares B. CPLP A. CMTC shall have no responsibility or liability hereunder for CMTCCPLP’s allocation and distribution of the Additional Consideration among the CMTC CPLP Entities.
Appears in 1 contract
Samples: Share Purchase Agreement (Capital Product Partners L.P.)
Consideration for Shares. On the Closing Date, (i) CPLP CMTC shall pay to CMTC CPLP (to such account as CMTC CPLP shall nominate) the amount of US Dollars $1,375,000 1,625,000 (the “Additional Consideration”) and transfer the Shares B A in exchange and as consideration for the Shares A and (ii) CMTC shall transfer the Shares A in exchange for payment of the Additional Consideration and the Shares B. CPLP shall have no responsibility or liability hereunder for CMTC’s allocation and distribution of the Additional Consideration among the CMTC Entities.B and
Appears in 1 contract
Samples: Share Purchase Agreement
