Put Purchase Price. The purchase price for the Warrants purchased by the Company pursuant to this Section 5 (the “Put Purchase Price”) shall be an amount equal to the Market Price (as defined below) on the relevant Put Notice Date for the number of Other Securities that would be obtained upon the exercise of the portion of such Warrant being purchased).
Put Purchase Price. In the event of a Put, the purchase price for a Put Participant’s Interests shall be the proceeds that such Put Participant would receive with respect to the Preferred Interests and/or Common Interests being purchased if the Put Value (as defined below) as of the Put Notice Date were distributed to the equityholders of the Company through a hypothetical liquidation waterfall (the “Put Purchase Amount”). The “Put Value” shall mean, as of the Put Notice Date, the greatest of (a) the Revenue Multiple multiplied by Revenue for the prior calendar year, (b) the EBITDA Multiple multiplied by EBITDA, and (c) the Recent Financing Equity Value. If a Put Participant exercises a Put then subject to the “Put Limitations” below, the applicable Interests will be purchased within 90 days of the determination of the Put Purchase Amount.
Put Purchase Price. In the event that the Put Option is exercised, then the purchase price to be paid for the Executive’s Membership Interest shall be equal to the product of (i) the Executive’s Percentage Interest multiplied by (ii) the Put Equity Value.
Put Purchase Price. (a) In the event Stockholder exercises the Put Right hereunder, the purchase price per share at which the Company shall be required to purchase the Put Shares (the “Put Purchase Price”) shall be equal to the Stock Consideration Per Share Price of the “Stock Consideration,” as those terms is defined in the Merger Agreement.
Put Purchase Price. In the event the Shareholder exercises its Put Right, the redemption price shall be $1.63 per share (the “Redemption Price”).
Put Purchase Price. In the event Stockholder exercises the Put Right hereunder, the purchase price per share at which the Company shall be required to purchase the Put Shares (the “Put Purchase Price”) shall be equal to the Original Purchase Price of the Put Shares, plus any accrued but unpaid dividends on the Put Shares through the Put Right Closing Date. For purposes of this Agreement the term “Original Purchase Price” shall mean the purchase price actually paid by the Stockholder for the Put Shares, less any discounts or deductions, as set forth on Exhibit A hereto.
Put Purchase Price. The Put Purchase Price payable by Ashford pursuant to Section 7.05(a) shall be equal to the sum of the Investor Unreturned Capital plus the accrued and unpaid Investor Yield attributable to such Investment and the Put Purchase Price payable by Investor pursuant to Section 7.05(b) shall be equal to the sum of the Ashford Unreturned Capital plus the accrued and unpaid Ashford Yield attributable to such Investment.
Put Purchase Price. In the event Pogo Royalty exercises the Put Right hereunder, the purchase price per unit at which the Founders shall be required to purchase the Put Units (the “Put Purchase Price”), shall be equal to the Original Liquidation Preference plus the product of (i) the number of days elapsed since the Effective Date and (ii) the Original Liquidation Preference divided by 730. The “Original Liquidation Preference” shall be $10.00 per Seller Unit.
Put Purchase Price a. In the event Subscriber exercises the Put Right hereunder, the purchase price per unit at which the Company shall be required to purchase the Put Option Units (the “Put Purchase Price”) shall be equal to the value of the Put Option Units and shall be satisfied by the issuance to the Subscriber by the Company of such number of shares of the Company’s Common Stock (the “Consideration Shares”) calculated as follows: For every one (1) Put Option Unit held by the Subscriber as at the Put Option Exercise Date, One (1) share of the Company’s Common Stock shall be issued to the Subscriber as Consideration Shares (the “Agreed Ratio”). The Agreed Ratio shall be adjusted in accordance with this Agreement as required from time to time.
b. The parties hereby acknowledge and confirm that the Agreed Ratio reflects a value per Subsidiary unit of Membership Interest of $2.00 (with the aggregate value of the Subsidiary Units being equal to $2,500,000) and a value per share of the Company’s Common Stock of $2.00, in each case as at the date of this Agreement, and the parties further acknowledge and agree that any adjustments required to be made to the Subscriber’s entitlement to Securities under this Agreement shall take account of the fact that the Agreed Ratio as a the date of this Agreement is based on such valuations.
Put Purchase Price. Upon the receipt by CAHC of any such Put Election, LGAF shall have the duty to sell to CAHC, and CAHC shall have the duty to purchase from LGAF, on the Put Option Date, all such Series B Preferred Shares and/or Conversion Common Shares, for the purchase price ("Put Purchase Price No. 1") of US $3.10 per share, which shall be paid by CAHC to LGAF in US cash or currency, or equivalent good US funds, on the Put Option Date.
