Second Purchase Price definition

Second Purchase Price has the meaning set forth in Section 2.1(b).

Second Purchase Price shall be One Hundred Thirty Five Thousand and 00/100 Dollars ($135,000.00)

Second Purchase Price means an amount in cash equal to the product of (i) the number of shares of Second Common Stock multiplied by (ii) the Per Unit Purchase Price.

Examples of Second Purchase Price in a sentence

• Subject to clause 3, ICPF agrees to sell and transfer to Oxford (or the Oxford Nominee), and Oxford agrees for it or the Oxford Nominee to purchase from ICPF, all of the Second Sale Securities for the Second Purchase Price on the terms and conditions of this deed.

• On the Second Completion Date, Oxford shall pay or procure the Oxford Nominee to pay the Second Purchase Price to ICPF in cash to an account nominated by ICPF in immediately available funds (or, failing nomination of a bank account, by bank cheque).

• The date on which the Second Closing actually occurs shall be referred to herein as the “Second Closing Date.” At the Second Closing, the Company shall issue the Second Common Stock and Second Warrants to the Purchaser free and clear of all Liens against payment by the Purchaser of the Second Purchase Price.

• Any amounts required to be paid by the Sellers to the Buyer Indemnitees pursuant to Section 12.1 may be offset by the Buyer against the Second Purchase Price, Third Purchase Price or Fourth Purchase Price, as applicable.

• An additional second purchase price (the Second Purchase Price), if any, shall amount up to USD 10 (ten) million and shall be paid at the Second Payment Date in accordance with the calculation principles, the allocation schedule and the payment terms and conditions outlined in EXHIBIT 2.2. The Parties explicitly agree and confirm that the claim for the Second Purchase Price shall become existent (entstehen) not prior to the Second Payment Date.

More Definitions of Second Purchase Price

Second Purchase Price means a US Dollar amount equal to the lesser of: (1) $0.50 or (2) the average of the closing sale prices for the five (5) consecutive Business Days immediately preceding the public disclosure of the Utility Arrangement.

Second Purchase Price represents the total purchase price payable by the Purchaser to the Seller for the Second Common Membership Interests to be purchased at the Second Closing and shall be determined by multiplying the number of Second Common Membership Interests by the Unit Purchase Price rounded up to the nearest KRW. References to the applicable “Purchase Price” mean the First Purchase Price and the Second Purchase Price, as the case may be.

Second Purchase Price shall have the meaning ascribed to such term in Section 6(b).

Second Purchase Price means the monetary amount equal to the number of Option Units purchased pursuant to Section 2.01(b) multiplied by the Option Unit Price.

Second Purchase Price has the meaning set forth in Section 2.4 of this Agreement.

Second Purchase Price means the purchase price for the Second Shares calculated as follows: six-million-six-hundred-thousand United States Dollars (USD$6,600,000) (which is the price per share of USD$1.44325388, multiplied by the maximum possible number of Second Shares, minus the following: the sum of (a) an amount equal to i) the price per share of USD$1.44325388, multiplied by the number of shares delivered at the Second Closing by the Second Co-Sellers, if any; subtracted from ii) the price per share of USD$1.44325388, multiplied by the number of remaining shares, if any, held by Non-Eternal Shareholders immediately after the First Closing; plus, b) an amount equal to any dividends paid either by Epoch to Eternal or by Buyer to any Second Co-Sellers related to their shareholding in Epoch after the date of signing this Agreement; such Second Purchase Price to be paid in an aggregate amount of NT$ converted at the closing spot buying exchange rate between one USD and NT$ as posted by Bank of Taiwan seven business days prior to the Second Closing.

Second Purchase Price shall be Two Hundred Twenty Five Thousand and 00/100 Dollars ($225,000.00) 4. The definition of “Third Debenture” shall be added to the Agreement as follows: