Purchased Equity definition

Purchased Equity has the meaning set forth in the recitals.

Purchased Equity means a 29.2531% equity interest in Seadrill Hungary Kft., a Hungarian limited liability company.

Purchased Equity means any shares of capital stock or other equity interests of each of ATP Netherlands and Titan.

Examples of Purchased Equity in a sentence

• Within 7 business days upon the receipt of Notice, Party B shall enter into an equity transfer agreement with Party A and/or its designated party and ensure transfer of Purchased Equity Interest to Party A and/or its designated person.

• Upon necessary tax withholding and payment for the Equity Purchase Price in accordance with the PRC laws, if necessary, Party A or the Designee shall pay the Equity Purchase Price to the account designated by Party B within seven (7) days as of the official transfer of the Purchased Equity to Party A or the Designee.

• When exercising the Equity Call Option, Party A shall give a written notice to Party B (“Equity Purchase Notice”), specifying (a) the decision made by Party A or the Designee on the exercise of the Equity Call Option; (b) the percentage of equity proposed to be purchased by Party A or the Designee from Party B (“Purchased Equity”); and (c) the purchase date/transfer date of the Purchased Equity.

• Party A and Party B hereby agree that Party B shall repay any amount that is paid by Party A and/or the Designated Persons to Party B in connection with the Purchased Equity Interest to Party A in accordance with the law as reimbursement for the loan principal of the loan and interest or cost under the Loan Agreement as allowed by the law.

• Except as requested by law to evaluate, the price of the Purchased Equity Interest ("Purchase Price") shall be an equivalent of the actual amount of the Purchased Equity Interest contributed by Party B.

More Definitions of Purchased Equity

Purchased Equity defined in the recitals of this Agreement.

Purchased Equity is defined in the Recitals.

Purchased Equity has the meaning set forth in Section 2.1 of Schedule 2.0 hereto.

Purchased Equity means the Seller Units issuable to Buyer and/or Buyer’s Permitted Designee at the Closing and at all relevant times thereafter in exchange for the Purchase Price in accordance with the terms of this Schedule 2.0 and, as applicable, the Agreement and Transaction Documents.

Purchased Equity has the meaning specified in the Recitals hereto.

Purchased Equity means all of the equity interests in Seadrill Polaris.

Purchased Equity means all of the issued and outstanding equity interests in Seadrill Auriga Hungary Kft., a Hungarian limited liability company.