Buyout Price has the meaning set forth in Section 9.2(d).

Buyout Price shall be determined by calculating the amount that would be distributed to the Electing Member if the Hotel were sold for the Actual Value determined as set forth above, the other assets of the Company (if any) were sold at their book values, and the proceeds were applied, paid or distributed to the Members as provided in Section 7.3 hereof, after payment in full of all indebtedness and liabilities of the Company (including without limitation any break-up or other fees payable to any bidder or to the Broker in connection with the Auction, any prepayment penalties with respect to outstanding indebtedness, a reasonable estimate of all transaction fees and transfer taxes that would have been payable if the Hotel were actually sold to a third party purchaser, and all asset management fees payable to the Asset Manager).

Buyout Price shall have the meaning set forth in Section 12.3(a) of this Agreement.

Examples of Buyout Price in a sentence

If such assumption is made, Lessee shall pay Lessor a purchase price equal to (I) the Burdensome Buyout Price minus (II) an amount equal to principal of, and accrued but unpaid interest on, any Equipment Notes that are outstanding on such date.
The Class A Buyout Price shall be remitted by wire transfer in immediately available federal funds to the Trustee.
Interest shall be calculated to but excluding the Business Day on which such purchase shall occur if the Class A Buyout Price is wired to the Trustee prior to 11:00 am New York time and interest shall be calculated to and including such Business Day if the Class A Buyout Price is wired to the Trustee, later than 11:00 am New York time.
Unless otherwise agreed among the Members, the Buyout Price shall be paid in cash at such closing.
The Buyout Price is the Net Present Value of the Resultant Annual Values at a 10% Discount Rate, which in this case is: $20,710.67.

More Definitions of Buyout Price

Buyout Price means an amount equal to the greater of (a) the amount equal to (i) the quotient of (1) sum of the Adjusted Group Revenue and the Adjusted Group EBITDA and (2) 2 minus (ii) the Net Indebtedness as of the date of termination of this Agreement and (b) the Group Net Asset Value.

Buyout Price. As defined in Section 10.03 hereof.

Buyout Price shall have the meaning set forth in Section 15.6(d).

Buyout Price. Section 16.3(b) “Certificate of Approval” Section 4.4(b) “Chairman” Section 9.2(b) “Change” Section 23.12

Buyout Price has the meaning set out in Section 3.19(a); “Buyout Right” has the meaning set out in Section 3.19(a);

Buyout Price means the amount determined to be the Fair Market Value of the applicable Generating Facility, as determined by the appraisal process described in Article 2.2.