Private Owner Interest Sale Price definition

Private Owner Interest Sale Price means the purchase price set forth in the Private Owner Interest Sale Agreement (as the “Private Owner Interest Sale Price” defined therein) for the limited liability company interest sold to the Private Owner.
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Private Owner Interest Sale Price. On the date hereof, in satisfaction of its obligation to pay the Private Owner Interest Sale Price, the Private Owner will:
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Examples of Private Owner Interest Sale Price in a sentence

  • In connection with the Private Owner Interest Sale Agreement, the Private Owner acquired from the Initial Member the Private Owner Interest representing a 20% equity interest in the Company in exchange for the Private Owner Interest Sale Price.

  • The “Incentive Threshold Event” shall occur as of a Distribution Date if the aggregate distributions (for such Distribution Date and all prior Distribution Dates) made to the Private Owner and the Initial Member pursuant to Section 6.6(b)(ii) as of such Distribution Date are in an amount equal to or greater than 5.0 times the Private Owner Interest Sale Price.

  • In connection with the Private Owner Interest Sale Agreement, the Private Owner acquired from the Initial Member the Private Owner Interest representing a 5% equity interest in the Company in exchange for the Private Owner Interest Sale Price.

Related to Private Owner Interest Sale Price

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.