Examples of DMC in a sentence
If an Option Purchase Price Dispute Statement is not delivered to the DMC Members within thirty (30) days after receipt of the QBT Price Notice, then the calculation of the Option Purchase Price set forth in the QBT Price Notice shall be final, binding and non-appealable by the Xxxxxx Member.
Within three (3) Business Days following execution and delivery of this Amendment by all parties, and as additional consideration for this Amendment, DMC Parent shall pay to the Xxxxxx Member a fee of Two Million Five Hundred Thousand Dollars ($2,500,000.00).
Nothing in this Amendment or the Operating Agreement obligates DMC Parent to consummate any Qualifying Buyout Transaction.
Section 12.10 of the Operating Agreement provides for a Put Option exercisable by delivery of a Put Notice by the Munera Member to the DMC Member not earlier than December 23, 2024; and WHEREAS, DMC Global Inc.
If the Xxxxxx Member has any objections to the calculation of the Option Purchase Price set forth in the QBT Price Notice, the Xxxxxx Member may deliver to the DMC Members a statement setting forth each disputed item (each, an “Option Purchase Price Dispute”) and the Xxxxxx Member’s proposed calculation thereof (an “Option Purchase Price Dispute Statement”).