First Call Price definition

First Call Price means the price for Eclipse’s Membership Interests being purchased in the First Call obtained by multiplying the Company’s Enterprise Value as set forth in the First Call Matrix by the Percentage Interest represented by such Membership Interests.

First Call Price means the call price in the Issuer must pay in relation to its exercise of the Call Option pursuant to paragraph (a)(ii) under Clause 10.2 (Voluntary early redemption – Call Option), being 102.50 per cent. of the Nominal Amount.

First Call Price has the meaning set forth in Section 8.1(a).

Examples of First Call Price in a sentence

• Simultaneous with the conveyance of the Inforte First Call Units, Inforte shall pay to PKI the Inforte First Call Price.

• PCTEL shall pay the First Call Price in cash to Eclipse on the First Call Closing Date.

• At any time during the First Call Period, PCTEL may issue a notice to Eclipse (a “First Call Notice”) requiring it to sell to PCTEL Membership Interests equal to 19% of the Percentage Interests at the First Call Price (the “First Call”).

• Upon the giving of any Call Notice, the parties shall promptly determine either the First Call Price or Second Call Price, as applicable, pursuant to Section 5.

• The exercise price shall be One Million Dollars ($1,000,000.00) (the "Inforte First Call Price").

• The exercise price of the PKI Call (the "PKI Call Price") shall be the sum of (i) to the extent paid by Inforte, the Inforte First Call Price plus (ii) the greater of Two Million Dollars ($2,000,000.00) or the amount of Inforte's Capital Account balance at the time the full PKI Call Price is tendered.

• The closing of the purchase and sale contemplated by Sections 4.1 and 4.2 shall be held at 10:00 a.m., on a date within ninety (90) days after the Call Notice is given, provided that in the event the First Call Price or Second Call Price has not been determined within ninety (90) days after the Call Notice is given, then the closing shall be held as soon as reasonably practicable after determination of the First Call Price or Second Call Price, as applicable.

• At the closing, any Shareholder selling his Shares shall deliver to Numerex certificates for the Shares owned by such Shareholder, duly endorsed for transfer, and Numerex shall pay the First Call Price or the Second Call Price, as applicable, to such Shareholder by certified check or wire transfer in accordance with the terms set forth in Section 6.

• Upon the occurrence of any adjustment of the First Call Price, the Equity Value or the Put Price pursuant to Section 3.5 or 4.6, HTI at its expense promptly shall furnish to each Securityholder a certificate signed by the Chief Financial Officer of HTI disclosing the First Call Price, Equity Value or Put Price, as the case may be, as adjusted, and the basis upon which such adjustment was made.

• The price of the Shares to be sold upon the exercise of the First Call ("First Call Price") shall be determined in accordance with the formula set forth below.

More Definitions of First Call Price

First Call Price means the first call price set out under Clause 10.2 (a)(ii) below. Penneo Dokumentnøkkel: VIE4M-25TD0-05LVE-JGHEU-HZB3U-V2YOT

First Call Price means the first call price set out under Clause 10.2 (a)(ii) below.

First Call Price means the call price set out in paragraph (a) (ii) of Clause 10.2 (Voluntary early redemption – Call Option).

First Call Price and "First Call Shares" shall have the respective ----- ---- ----- meanings specified in section 12.2.