Common use of Purchase Price for Shares Clause in Contracts

Purchase Price for Shares. On the Closing Date, (i) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars 164,000,000 (the “GAS-sixteen Purchase Price”) in exchange for the GAS-sixteen Shares, and (ii) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars 164,000,000 (the “GAS-seventeen Purchase Price,” and together with the GAS-sixteen Purchase Price, the “Purchase Price”) in exchange for the GAS-seventeen Shares, in each case subject to adjustment pursuant to Section 2.05. The Purchase Price may be payable by Buyer in part, in lieu of cash, by the transfer of associated debt obligations of the Vessel Owners under the Credit Facility and the granting of the MLP Guarantee. The Buyer shall have no responsibility or liability hereunder for the Seller’s allocation and distribution of the Purchase Price among the Seller Entities.

Purchase Price for Shares. On the Closing Date, (i) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars 164,000,000 $161,000,000 (the “GAS-sixteen nineteen Purchase Price”) in exchange for the GAS-sixteen nineteen Shares, and (ii) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars 164,000,000 $161,000,000 (the “GAS-seventeen twenty Purchase Price,”) in exchange for the GAS-twenty Shares, and (iii) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars $161,000,000 (the “GAS-twenty one Purchase Price” and and, together with the GAS-sixteen nineteen Purchase Price and the GAS-twenty Purchase Price, the “Purchase Price”) in exchange for the GAS-seventeen twenty one Shares, in each case subject to adjustment pursuant to Section 2.05. The Purchase Price may be payable by Buyer in part, in lieu of cash, by the transfer of associated debt obligations of the Vessel Owners under the Credit Facility and the granting of the MLP Guarantee. The Buyer shall have no responsibility or liability hereunder for the Seller’s allocation and distribution of the Purchase Price among the Seller Entities.

Purchase Price for Shares. On the Closing Date, (i) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars 164,000,000 $161,000,000 (the “GAS-sixteen GAS- nineteen Purchase Price”) in exchange for the GAS-sixteen nineteen Shares, and (ii) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars 164,000,000 $161,000,000 (the “GAS-seventeen twenty Purchase Price,”) in exchange for the GAS-twenty Shares, and (iii) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of U.S. dollars $161,000,000 (the “GAS-twenty one Purchase Price” and and, together with the GAS-sixteen nineteen Purchase Price and the GAS-twenty Purchase Price, the “Purchase Price”) in exchange for the GAS-seventeen twenty one Shares, in each case subject to adjustment pursuant to Section 2.05. The Purchase Price may be payable by Buyer in part, in lieu of cash, by the transfer of associated debt obligations of the Vessel Owners under the Credit Facility and the granting of the MLP Guarantee. The Buyer shall have no responsibility or liability hereunder for the Seller’s allocation and distribution of the Purchase Price among the Seller Entities.

Purchase Price for Shares. On In consideration for the transfer of the Shares to the Purchasers at the Closing: (a) The Purchasers shall pay to GCL as nominee on behalf of the Sellers the amount of US$1,000,000 (the “Closing Cash Purchase Price”) at the Closing. (b) The Purchasers shall deliver to the Sellers (or as shall be otherwise advised by GCL as nominee on behalf of the Sellers) 150,000 shares of IAHC common stock (the “IAHC Shares”) at the Closing. At the time of delivery, the IAHC Shares shall be restricted shares only in that they are not freely transferable, and they shall bear an appropriate legend to that effect. Fifty percent (50%) of the IAHC Shares held by each recipient hereunder shall become freely transferable as of the date that is one (1) year after the Closing, and the remaining fifty percent (50%) of such IAHC Shares shall become freely transferable as of the date that is two (2) years after the Closing. (c) The Purchasers shall pay to GCL as nominee on behalf of the Sellers at the Closing an amount (the “Hard Asset Purchase Price”) equal to $13,420.98. (d) The Purchasers shall pay to GCL as nominee on behalf of the Sellers at the Closing an amount equal to GCH’s retained earnings as of the Closing Date, (i) the Buyer shall pay which will be equal to the Seller (to GCH’s cash on hand as of such account and beneficiary being a Seller Entity as the Seller shall designate) date; provided, however, that the amount paid by the Purchasers pursuant to this Section 2.3(d) shall not exceed US$3.5 million. (e) The Purchasers shall make additional payments to GCL as nominee on behalf of U.S. dollars 164,000,000 (the “GAS-sixteen Purchase Price”) in exchange for Sellers following the GAS-sixteen Shares, and (ii) the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity Closing as the Seller shall designate) the amount of U.S. dollars 164,000,000 (the “GAS-seventeen Purchase Price,” and together with the GAS-sixteen Purchase Price, the “Purchase Price”) in exchange for the GAS-seventeen Shares, in each case subject to adjustment required pursuant to Section 2.05. The Purchase Price may 3.3. (f) All payments and deliveries to the Sellers and/or to GCL as nominee shall be payable by Buyer in part, in lieu of cash, by the transfer of associated debt obligations of the Vessel Owners under the Credit Facility and the granting of the MLP Guarantee. The Buyer shall have no responsibility or liability hereunder for the Seller’s allocation and distribution of the Purchase Price distributed among the Seller EntitiesSellers as agreed among such parties.