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.

  • 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.

  • In connection with the Private Owner Interest Sale Agreement, the Private Owner acquired from the Initial Member the Private Owner Interest representing a 20.0% 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.

Related to Private Owner Interest Sale Price

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Clearing System Business Day means in relation to an Index, any day on which the principal domestic clearing systems customarily used for settling trades in securities comprising such Index is (or, but for the occurrence of an event beyond the control of the Company or the Hedging Counterparty as a result of which such clearing system cannot clear the transfer of such securities, would have been) open for the acceptance and execution of settlement instructions.