Repurchase Consideration. Subject to the terms and conditions of this Repurchase Agreement, the Holders hereby, severally and not jointly, agree to sell the Notes in such amounts as set forth in Exhibit A to the Company (the “Repurchased Notes”) for an aggregate purchase price of $16,500,000, representing an amount of cash in United States dollars equal to $20.95 per $25 principal amount of Notes repurchased (the “Consideration”).
Repurchase Consideration. Subject to the terms and conditions of this Repurchase Agreement, Holder hereby agrees to sell the Securities to the Company for an aggregate purchase price of $52,600,000 (the “Consideration”), which shall be paid as follows: (a) $50,000,000 at Closing (the “First Payment”) and (b) $2,600,000 of the Aggregate Consideration (the “Second Payment”) no later than the earlier of (i) one-hundred eighty (180) calendar days following the Closing or (ii) five (5) calendar days of receipt by the Company of any amounts in respect of its outstanding federal income tax refund with respect to the period from fiscal year 2013 through fiscal year 2020.
Repurchase Consideration. The Company Group, on the one hand, and the Shareholder, on the other hand, acknowledge that each ITR Payment constitutes a payment of consideration for the shares repurchased by the Company pursuant to the Share Buy-back.
Repurchase Consideration. Subject to the terms and conditions of this Repurchase Agreement, the undersigned hereby agrees to sell an aggregate principal amount of the Notes set forth on the signature page hereto for the consideration in the amount and form as follows: $[ ] in aggregate, representing an amount of cash in United States dollars equal to $1,027.5625 per $1,000 principal amount of Notes resold (the “Consideration”). The Repurchase shall occur in accordance with the procedures described in Section 3 hereof.
Repurchase Consideration. If the Investor obtains the repurchase right as stipulated in Article 8.1 hereof, and requests the Actual Controllers and/or the Target Company to repurchase all or part of the shares of the Target Company then held by the Investor, the repurchase consideration shall be the investment amount corresponding to the registered capital of the Target Company requested by the Investor to be repurchased, plus the profit at an annualized rate of 8% (calculated on a simple interest basis) from the Closing Date to the date when the Actual Controllers or the Target Company actually fully pay the repurchase consideration in cash (‘Repurchase Consideration’).
8.2.1 The Actual Controllers and the Target Company shall complete the payment of the repurchase consideration within 90 business days from the date of receipt of the notice from the Investor claiming the repurchase right. For each day of delay, the party obligated to pay the repurchase consideration shall pay the Investor 0.03% of the unpaid amount as an additional late fee.
8.2.2 In case that Actual Controllers or the Target Company fail to pay the full amount of the Redemption Price and any late fees upon expiration of 90 Business Days from the date of receipt of a redemption notice from the Investor, then the Investor has the right to transfer all or part of the shares it holds in the Target Company to any third party at any time after expiration of said period of 90 Business Days, and in such case, the Target Company, the Actual Controllers, as well as all then-current shareholders of the Target Company shall provide their cooperation for such share transfer. If the proceeds obtained by the Investor from transferring all or part of the shares in the Target Company are less than the Redemption Price and any late fees payable to the Investor pursuant to clause 8.2 above, the Actual Controllers or the Target Company shall pay the difference in full to the Investor in cash within 30 Business Days from the execution date of any share transfer agreement between the Investor and such third party, and in case of any delay in such payment, shall pay late fees equal to 0.03% of the amount of such overdue sums to the Investor for each day of delay.
Repurchase Consideration. At the request of Community at any time commencing upon the occurrence of a Repurchase Event and ending upon the earlier to occur of (x) 9 months immediately thereafter or (y) a Termination Event, Centerpoint (or any successor entity thereof) shall repurchase from Community (1) the Option (unless the Option shall have expired or been terminated in accordance with the terms hereof) and (2) all shares of Centerpoint Common Stock purchased by Community pursuant hereto with respect to which Community then has beneficial ownership. The date on which Community exercises its rights under this Section 8 is referred to as the "Request ------- Date". Such repurchase shall be at an aggregate price (the "Section 8 ---- --------- Repurchase Consideration") equal to the sum of: ------------------------
(i) the aggregate exercise price paid by Community for any shares of Centerpoint Common Stock acquired pursuant to the Option with respect to which Community then has beneficial ownership; (ii) the excess, if any, of (x) the Applicable Price (as defined below) for each share of Centerpoint Common Stock over (y) the Purchase Price (subject to adjustment pursuant to Section 7), multiplied by the number of shares of Centerpoint Common Stock with respect to which the Option has not been exercised; and (iii) the excess, if any, of the Applicable Price over the Purchase Price (subject to adjustment pursuant to Section 7) paid (or, in the case of Option Shares with respect to which the Option has been exercised but the Closing Date has not occurred, payable) by Community for each share of Centerpoint Common Stock with respect to which the Option has been exercised and with respect to which Community then has beneficial ownership, multiplied by the number of such shares.
