Purchase Price II definition

Purchase Price II means the lesser of (i) the average of the three (3) lowest closing prices per ADS on the Principal Market for the ten (10) consecutive Business Days immediately prior to the Purchase Notice Date, or (ii) the lowest trading price per ADS on the Principal Market on the Purchase Notice Date. Any Purchase Notice setting forth Purchase Price II will be subject to the Purchase Notice Limitation Option II.
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Purchase Price II. ’ means an amount equal to (X) Sky Charm’s audited consolidated net profit for the Observation Period II, multiplied by (Y) 8.0 (or 8.5, if such net profit is more than HK$148,500,000), multiplied by (Z) 30%.
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Purchase Price II means the lowest daily VWAP of the Common Stock for the four (4) Business Days after a Purchase Notice Date multiplied by 96%. Any exercise by the Company at Purchase Price II will be subject to the Purchase Notice Limitation Option II.
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Examples of Purchase Price II in a sentence

  • Under the Company’s share option plan, the board of directors may grant to officers and employees remuneration in the form of share-based payment transactions, whereby officers and employees render services as consideration for equity instruments (equity-settled transactions).

  • The total Lease Payments represents the Purchase Price II paid by the Financier for the purchase of the Auxiliary Facilities plus interest attributable to the Finance Lease Arrangement II to be determined based on the following applicable interest rate.

  • It is expected that the Purchase Price II will be paid around the end of March 2022.

  • Finance Period II: A period of 96 months commencing from the date of the payment of the Purchase Price II.

  • Hence, the Financier had requested, and the Group had accepted after arm’s length negotiation with the Financier, that the Purchase Price II shall be the lower of the two amounts mentioned above.


More Definitions of Purchase Price II

Purchase Price II shall have the meaning ascribed to such term in Clause 1.2.
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Purchase Price II means the lesser of (i) the average of the three (3) lowest closing prices per ADS on the Principal Market for the ten
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Purchase Price II. Section 4.1.2
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Purchase Price II shall have the meaning assigned to such term in Section 3.1 of the Investment Agreement.
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Purchase Price II means 85% of the lowest daily VWAP of the Common Stock during the Valuation Period. “Registration Statement” shall have the meaning specified in Section 6.3.
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Purchase Price II. Has the scope established in Clause 4.
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Purchase Price II. ’ means an amount equal to (X) Sky Charm’s audited consolidated net profit for the Observation Period II, multiplied by (Y)
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