Payment by Buyer. The Company is purchasing all the Warrants at an aggregate total purchase price of US$8,910,000.00 (the “Purchase Price”), payable by wire transfer of immediately available funds to the respective Sellers in the respective amounts shown under “Amount Due to Scheme” on Schedule 1. In determining the Purchase Price for the respective Warrants being sold hereunder, the values in Schedule 1 will be based upon the closing market price per Ordinary Share on the New York Stock Exchange, as reported on its consolidated transaction reporting system, as of the date hereof (the “Closing Price”) less one-half (½) percent of the Closing Price.
Appears in 1 contract
Samples: Warrant Purchase Agreement (Endurance Specialty Holdings LTD)
Payment by Buyer. The Company is purchasing all the Warrants at an aggregate total purchase price of US$8,910,000.00 8,505,000.00 (the “Purchase Price”), payable by wire transfer of immediately available funds to the respective Sellers in the respective amounts shown under “Amount Due to Scheme” on Schedule 1. In determining the Purchase Price for the respective Warrants being sold hereunder, the values in Schedule 1 will be based upon the closing market price per Ordinary Share on the New York Stock Exchange, as reported on its consolidated transaction reporting system, as of the date hereof (the “Closing Price”) less one-half (½) percent of the Closing Price.
Appears in 1 contract
Samples: Warrant Purchase Agreement (Endurance Specialty Holdings LTD)
Payment by Buyer. The Company is purchasing all the Warrants at an aggregate total purchase price of US$8,910,000.00 11,282,935 (the “Purchase Price”), payable by wire transfer of immediately available funds to the respective Sellers in the respective amounts shown under “Amount Due to Scheme” on Schedule 1. In determining the Purchase Price for the respective Warrants being sold hereunder, the values in Schedule 1 will be based upon the closing market price per Ordinary Share on the New York Stock Exchange, as reported on its consolidated transaction reporting system, as of the date hereof (the “Closing Price”) less one-half (½) percent of the Closing Price.
Appears in 1 contract
Samples: Warrant Purchase Agreement (Endurance Specialty Holdings LTD)
Payment by Buyer. The Company is purchasing all the Warrants at an aggregate total purchase price of US$8,910,000.00 10,507,950.00 (the “Purchase Price”), payable by wire transfer of immediately available funds to the respective Sellers in the respective amounts shown under “Amount Due to SchemePurchase Price” on Schedule 1. In determining the Purchase Price for the respective Warrants being sold hereunder, the values in Schedule 1 will be based upon the closing market price per Ordinary Share on the New York Stock Exchange, as reported on its consolidated transaction reporting system, as of the date hereof (the “Closing Price”) less one-half (½) percent of the Closing Price.
Appears in 1 contract
Samples: Warrant Purchase Agreement (Endurance Specialty Holdings LTD)
Payment by Buyer. The Company is purchasing all the Warrants at an aggregate total purchase price of US$8,910,000.00 6,685,000 (the “Purchase Price”), payable by wire transfer of immediately available funds to the respective Sellers in the respective amounts shown under “Amount Due to Scheme” on Schedule 1. In determining the Purchase Price for the respective Warrants being sold hereunder, the values in Schedule 1 will be based upon the closing market price per Ordinary Share on the New York Stock Exchange, as reported on its consolidated transaction reporting system, as of the date hereof (the “Closing Price”) less one-half (½) percent of the Closing Price.
Appears in 1 contract
Samples: Warrant Purchase Agreement (Endurance Specialty Holdings LTD)
Payment by Buyer. The Company is purchasing all the Warrants at an aggregate total purchase price of US$8,910,000.00 4,595,000 (the “Purchase Price”), payable by wire transfer of immediately available funds to the respective Sellers in the respective amounts shown under “Amount Due to Scheme” on Schedule 1. In determining the Purchase Price for the respective Warrants being sold hereunder, the values in Schedule 1 will be based upon the closing market price per Ordinary Share on the New York Stock Exchange, as reported on its consolidated transaction reporting system, as of the date hereof (the “Closing Price”) less one-half (½) percent of the Closing Price.
Appears in 1 contract
Samples: Warrant Purchase Agreement (Endurance Specialty Holdings LTD)