Mandatory Sale Purchase Price definition

Mandatory Sale Purchase Price shall have the meaning given such term in Section 7(a) hereof.
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Mandatory Sale Purchase Price shall be: (A) $0.30 per Initial Share which is the subject of the Mandatory Sale Election; and (B) the Option Exercise Price paid by Executive per Option Share which is the subject of the Mandatory Sale Election. The Mandatory Sale Purchase Price under this Section 8(d)(ii) shall be proportionately adjusted from time to time in the case of any stock dividend (including without limitation any dividend or distribution to holders of the Common Stock of any Common Stock Equivalents), stock split, stock combination, reclassification or recapitalization affecting as a class the Common Stock outstanding occurring subsequent to the date hereof and prior to closing of the Mandatory Sale of Shares; and any such adjustments shall be made by the Board of Directors of the Company in good faith and shall be final and binding on the Company and Executive.
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Examples of Mandatory Sale Purchase Price in a sentence

  • Employee (or the estate of Employee) shall, against the payment of the Mandatory Sale Purchase Price, deliver the Mandatory Sale Shares to the Company or its assigns free and clear of any Liens accompanied by stock transfer instruments and endorsements satisfactory to the Company.

  • Executive (or the estate of Executive) shall, against the payment of the Mandatory Sale Purchase Price, deliver the Mandatory Sale Shares to the Company or its assigns free and clear of any Liens accompanied by stock transfer instruments and endorsements satisfactory to the Company.

Related to Mandatory Sale Purchase Price

  • Fundamental Change Purchase Price has the meaning specified in Section 5.01(a).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Change of Control Purchase Price shall have the meaning specified in Section 10.1.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Fundamental Change Purchase Date has the meaning specified in Section 8.01(a).

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.