Prescribed Price definition

Prescribed Price has the meaning given in Clause 23.5.2;

Prescribed Price in relation to a voluntary Transfer of Shares in respect of which a Transfer Notice shall have been served pursuant to Clause 10.6.1, the price per Share offered by the Proposed Transferee (as defined in Clause l0.6.1(a))

Prescribed Price the price for the Joint Venture Interest specified in the Transfer Notice;

Examples of Prescribed Price in a sentence

• Such offer shall be open for acceptance at any time within a period of fourteen (14) days from the later of the date of notice by the Proposing Transferor to the other Shareholder and the date of the determination of the Prescribed Price (the “Offer Period”).

• If the event that no agreement is reached within sixty (60) days from date of the Transfer Notice, each of the Shareholder’s Expert shall be instructed to jointly appoint an independent accounting firm (“Additional Expert”) to conclusively determine and certify the market value of the Company and certify the Prescribed Price per Share.

• Each Shareholder will communicate the valuation in writing to the other Parties and then forthwith discuss in good faith and agree on the appropriate Prescribed Price per Share.

More Definitions of Prescribed Price

Prescribed Price in Clause 1.1; and

Prescribed Price means, in relation to a voluntary transfer of Shares in respect of which a Transfer Notice shall have been served pursuant to article 46, the price per Share offered by the Proposed Transferee (as defined in article 46);

Prescribed Price means: (a) at any time before the Subscription Balance has been paid by the Investor, the lower of: (i) US$ 200,000; and (ii) the market value of the Paid Shares, or the shares which are the subject of a notice pursuant to clause 11.2 (as the case may be); or (b) at any time after the Subscription Balance has been paid by the Investor, the market value of the Subscription Shares, or the shares which are the subject of a notice pursuant to 11.2 (as the case may be).

Prescribed Price means the price per Share (as of the date of the written notice specified under either Clause 12.3 or Clause 12.4.2) (i) as agreed by the Shareholders, or (ii) in the event the Shareholders do not agree on the Prescribed Price per Share within 30 days of the relevant written notice, as determined by an Expert in accordance with Clause 19 below;

Prescribed Price as determined pursuant to paragraph 3.2 of schedule 4;

Prescribed Price has the meaning given in Article 50.3;

Prescribed Price has the meaning given to that phrase in paragraphs 6.2 and 6.3 of Schedule 5;