Examples of Purchased Interest in a sentence
The Administrator shall give prior written notice of any assignment of the Issuer’s rights and obligations (including ownership of the Purchased Interest to any Person).
Purchaser shall pay, or cause its Affiliates (including, after the Closing, the Company) to pay, to Seller, as additional consideration for the Purchased Interest, all Tax refunds that are received by or with respect to the Company after the Closing that are attributable to a Pre-Closing Tax Period within five (5) Business Days of the receipt of such Tax refund other than to the extent such Tax refund was taken into account in the calculation of the Actual Working Capital Amount.
Under no circumstances shall the Issuer make any such purchase or reinvestment if, after giving effect to such purchase or reinvestment, the aggregate outstanding Capital of the Purchased Interest would exceed the Purchase Limit.
As additional consideration for the Purchased Interest, Purchaser shall pay to Seller an amount equal to US$187,200,000, in the aggregate, in the form of five (5) equal deferred payments each in the sum of US$37,440,000 (each such payment, a “Deferred Payment”) to be paid upon each twelve (12) month anniversary of the Closing Date (each, a “Deferred Payment Date”) for the five (5) annual periods immediately following the Closing.