Examples of Option Purchase Price in a sentence
Any such exercise shall be accomplished by delivery of a written notice of exercise on behalf of the Purchaser at the office of the Company and the payment by the Purchaser (or its designee, if applicable) of the applicable Option Purchase Price in respect of the Equity to be purchased.
Each of the Company and/or the Members, as applicable, hereby grants the Purchaser (and/or its affiliated designee) the option to purchase all or any portion of the Equity (to the extent not already owned by the Purchaser) following the consummation of the Equity Transaction at the Option Purchase Price.
In the event the Purchase exercises its rights herein, the Company shall be entitled to receive an additional five (5%) of the Option Purchase Price in capital stock of the Purchaser, or the controlling Affiliate of the Purchaser, irrespective of whether the Purchase elects to pay the Option Purchase Price in capital stock.