Examples of Called Shareholders in a sentence
Each of CVC and the Called Shareholders shall cooperate in good faith with the Appraiser and provide the Appraiser with reasonable access to information in connection with the determination of the Called Securities Purchase Price, and the Appraiser will be instructed to render a written valuation as promptly as practicable (but in any event within twenty (20) Business Days of selection).
The consummation of the purchase of the Called Securities by the Company shall occur on a date to be agreed by the Company and the Called Shareholders, provided that such date may not be later than the thirtieth (30th) day following the date of determination of the Called Securities Purchase Price.
In such case, the Company shall have fifteen (15) days following the date of determination of the Called Securities Purchase Price to (i) give the Called Shareholders a binding, irrevocable written offer to purchase all the Called Securities on the same terms and conditions applicable to CVC (and/or its Permitted Transferee(s)) and (ii) give notice to CVC and the Calling Shareholders of its intention to exercise its right to purchase all the Called Securities pursuant to this Section 5.5(e).
Any determination by the Appraiser shall be final, binding and conclusive upon CVC and the Called Shareholders.
If CVC and the Called Shareholders fail to agree upon the Called Securities Purchase Price within such time, CVC and the Called Shareholders shall cause the Company to designate a nationally recognized investment banking firm that is not an Affiliate of any Shareholders (the “Appraiser”) to determine the Called Securities Purchase Price.