CB Purchase Price definition
CB Purchase Price means the product of (A) the CB Proposed Valuation and (B) Membership Interest attributable to the CB Units expressed as a percentage.
Examples of CB Purchase Price in a sentence
The Class A Member may accept the CB Offer by delivering a written notice (a “CB Acceptance Notice”) to the CB Member stating that it accepts the CB Offer to sell the CB Units for the CB Purchase Price specified in the CB Offer Notice.
The CB Offer shall be evidenced by a written notice (the “CB Offer Notice”) to be delivered to the Class A Member during the Offer Election Period and setting forth the CB Proposed Valuation and CB Purchase Price as determined by the CB Member.