Initial Purchase Price definition
Examples of Initial Purchase Price in a sentence
No interest shall accrue on any Initial Purchase Price Increase or Initial Purchase Price Decrease.
The Initial Purchase Price is subject to adjustment in accordance with Section 1.6 below (the Initial Purchase Price as so adjusted, the “Purchase Price”).
If the IPO is not consummated within 14 days of the date the Initial Purchase Price is delivered to the Company, the Initial Purchase Price shall be returned to the Purchaser by certified bank check or wire transfer of immediately available funds denominated in United States Dollars, without interest or deduction.
In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 13,500 Additional Units at $10.00 per Additional Unit for a purchase price of up to $135,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”).
In no event shall a Seller Party be required to make any payment to Buyer to the extent the Initial Purchase Price Decrease exceeds the Deferred Portion.