Termination Purchase Price definition

Termination Purchase Price. The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

Termination Purchase Price means the monetary amount to be paid to the Terminating Shareholder which shall equal 100% of Value attributable to the Terminating Shareholder, net of the percent of the Liabilities of the Corporation which percent is equal to the Terminating Shareholder’s Applicable Percent and net of any Specific Liabilities attributable to the Shareholder.

Termination Purchase Price is defined in Section 17.7(b).

Examples of Termination Purchase Price in a sentence

• The district court reviewed the specific language of the Shareholders’ Agreement and determined that it “does not contemplate or allow a negative value.” Paragraph 4.4 refers only to the “purchasing” of the stock or the Termination Purchase Price.

• Under the definition of the Termination Purchase Price, reference is made only to the value, with no mention of debt or of a possibility that money could be owed by the terminating shareholder.

• Further, Holder acknowledges and understands that, in the event that the Company elects to exercise its Repurchase Option, the Termination Purchase Price may be less than the value of the Vesting Shares being repurchased by the Company, and that Holder bears any risk associated with the potential loss in value.

• The Government shall pay the amount shown as payable on any invoice delivered in accordance with paragraph 11.8(a) above and which is payable in accordance with this Clause 11 (Early Termination Purchase Price and Procedure) to the Party which delivered such invoice in accordance with paragraph 11.8(a) on or before the date which is ninety (90) Days from the date of receipt of any such invoice.

• If the Shareholder exercises that option in accordance with Clause 10.7 (Exercise of Termination Option), then: in accordance with the provisions of this Clause 11 (Early Termination Purchase Price and Procedure), the Project Property shall be valued at "Government Default Purchase Price – Expropriation", which equals to – the Government Default Purchase Price - Non-Expropriation; minus Other Expropriation Proceeds.

More Definitions of Termination Purchase Price

Termination Purchase Price is defined in Section 9.6(c) of the Company LLC Agreement.

Termination Purchase Price. As defined in Section 10.01.

Termination Purchase Price. The meaning ascribed thereto in Section 15.5.1.

Termination Purchase Price means the purchase price of the Termination Stocks as determined in accordance with Clause 2.6;

Termination Purchase Price has the meaning given in Section 8.1(c).

Termination Purchase Price means an amount equal to: (a) if the date of termination of employment of the Minority Shareholder (the "Employment Termination Date") is on or before December 31, 2000, the lesser of (i) the book value of the Stock Owned by the Minority Shareholder or (ii) the amount of the capital actually contributed by the Minority Shareholder to the Corporation; (b) if the Employment Termination Date is after December 31, 2000 but on or before December 31, 2004, the book value of the Stock Owned by the Minority Shareholder; and (iii) if the Employment Termination Date is after December 31, 2004, the Fair Market Value of the Stock Owned by the Minority Shareholder.

Termination Purchase Price. The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01. Trust Fund or Trust: The corpus of the trust created by this Agreement, consisting of the Mortgage Loans and the other assets described in Section 2.01(a). Trustee: JPMorgan Chase Bank, or its successor in interest, or any successor trustee appointed as herein provided. 2004-7 REMIC: Any of REMIC I and REMIC II.