Examples of Buyout Purchase Price in a sentence
If the Members are unable to agree on a Buyout Purchase Price, then the Default Purchase Price shall be determined in accordance with the provisions of Section 7.03(a) based on the Appraised Value as determined pursuant to Section 7.03(b).
In addition, if Executive’s employment is terminated pursuant to Section 9(a)(iv), the Shareholders (as defined in the Stock Purchase Agreement) shall have the right to demand that the Company pay the Buyout Purchase Price as provided under paragraph 1.3.3 of the Stock Purchase Agreement.
The Shareholders acknowledge, understand and agree that the distribution of the balance of the Purchase Price or the Buyout Purchase Price shall be handled by the Management Shareholders, and any disputes arising from the distribution of the balance of the Purchase Price or the Buyout Purchase Price shall be handled by and between the Shareholders, and Buyer shall have no liability in any dispute or claim related to such allocations and distributions.
Upon delivery of the Buyout Purchase Price, the Company shall, without the consent of any other Person, revise the Member Schedule to reflect the purchase of the Subject Units by the Purchasing Member.
Unless otherwise agreed to by the Members, the Buyout Purchase Price for the Subject Units shall be payable only in cash, by wire transfer of immediately available funds.
Doe Run shall provide ASARCO with the Early Buyout Purchase Price due in respect of the Leased Equipment to be purchased in immediately available funds not later than 10:AM on the day before such amount is payable by ASARCO pursuant to the applicable Lease Agreement.
The Shareholders acknowledge and agree that under no circumstances will the Buyer’s Common Stock applied towards the payment of the balance of the Purchase Price or the Buyout Purchase Price exceed nineteen and ninety-nine one hundredths (19.99%) percent of the outstanding Common Stock of the Buyer.
The balance of the Purchase Price or the Buyout Purchase Price shall be paid from the Escrow Amount, as described under paragraph 1.4.4., with the balance, if any, in cash or unregistered shares of Buyer’s Common Stock, $.005 par value, or a combination thereof, as determined in the sole discretion of Buyer, but in no event will the amount of Buyer’s Common Stock exceed fifty (50%) of said amount.
The parties acknowledge and agree that Leyou Technologies shall not be required to pay any amounts in excess of the Buyout Purchase Price in connection with the Acquisition Transaction, including but not limited to any additional payments to SEP Grantees, and the Company shall have no obligations to the SEP Grantees under the Stock Equity Plan after completion of the Acquisition Transaction and payment of the SEP Grantees’ portion of the Buyout Purchase Price to the SEP Grantees.
The DOC Shares shall have been transferred to the Shareholders by DOC in partial satisfaction of the Buyout Purchase Price immediately prior to the Closing on the Closing Date.