Examples of Purchase Price Amount in a sentence
Notwithstanding anything to the contrary set forth herein, upon conversion of this Note in accordance with the terms hereof, the Holder shall not be required to physically surrender this Note to the Borrower unless the entire unpaid principal amount (as the case may be, the Conversion In Full Principal Amount or the Conversion Of A Portion Purchase Price Amount) of this Note is so converted.
The Purchaser shall cause all financial indebtedness (being the payables referred to in Schedule 1.1.1(i)) owed on the Closing Date by the Target Company to the Seller or any Affiliate of the Seller to be paid to the Seller in full (including any accrued but unpaid interest as per that date)on the fifth (5th) Business Day after the final determination of the Purchase Price Amount in accordance with Clause 3.2.
If any such payment is made, the Outstanding Purchase Price shall be reduced by the Early Purchase Price Amount.
These covenants include the indebtedness of the Company, excluding all amounts owing from time to time under the Company’s promissory note on completion of the ATO Acquisition (“Centerra Deferred Purchase Price Amount”) less any cash and liquid securities that is greater than the Centerra Deferred Purchase Price Amount (“Net Indebtedness”) and earnings before interest, taxes, depreciation and amortization (“EBITDA”).
Interest will accrue on the Deferred Purchase Price Amount from the date of Closing, calculated at the rate of one percent (1%) per annum.