Third Party Purchase Price definition

Third Party Purchase Price is defined in Section 7.02.

Third Party Purchase Price as further set forth in Section 7.03(c)), and such other terms and conditions as are determined in the sole discretion of the Non-Defaulting Member or (ii) purchase the Interest of the Defaulting Member in accordance with the terms and conditions set forth in this Article 7, in either case, by delivering written notice (“Default Notice”) thereof to the Defaulting Member, or (iii) exercise any other rights or remedies available to the Non-Defaulting Member under this Agreement or at law or in equity as a result of such Default Buy-Sell Event; provided, however, that the failure of the Non-Defaulting Member to exercise any of the foregoing rights shall not be deemed to constitute a waiver of any Default Buy-Sell Event or any rights and remedies (and the provisions of Section 7.09 shall apply to the Defaulting Member). For a period of fifteen (15) days following the Effective Date of any Default Notice, the Members shall attempt to agree upon a purchase price for the Defaulting Member’s Interest (the “Buyout Purchase Price”) in the event the Non-Defaulting Member desires to purchase the Interest of the Defaulting Member. If the Members are unable to agree on a Buyout Purchase Price, then the Default Purchase Price shall be determined in accordance with the provisions of Section 7.03(a) based on the Appraised Value as determined pursuant to Section 7.03(b).

Third Party Purchase Price means the amount paid by a Vehicle Manufacturer, Vehicle Dealer or any other third party purchaser on the sale of a Non-Programme Vehicle by German Opco or Dutch FleetCo (as applicable) in respect of the Vehicle Fleet in The Netherlands only to that person, plus VAT.

Examples of Third Party Purchase Price in a sentence

• Prior to accepting an offer to sell the Company or its assets to any third party pursuant to clause (i) of Section 7.02 at the Third-Party Purchase Price, the Non-Defaulting Member shall give the Defaulting Member written notice and a copy of the offer (“Third Party Offer Notice”).

• If the Defaulting Member fails to make such election by written notice to the Non-Defaulting Member at or before the end of such five (5) day period, then the Defaulting Member shall be deemed to have waived its rights under this Section 7.04(b) and the provisions of this Section 7.04(b) shall thereafter be null and void, even if the transaction to sell the Company or its assets to any third party pursuant to clause (i) of Section 7.02 at the Third-Party Purchase Price is not consummated.

• If the Defaulting Member fails to make such election by written notice to the Non-Defaulting Member at or before the end of such five (5) day period, then the Defaulting Member shall be deemed to have waived such its rights under this Section 7.04(b) and the provisions of this Section 7.04(b) shall thereafter be null and void, even if the transaction to sell the Company or its assets to any third party pursuant to clause (i) of Section 7.02 at the Third-Party Purchase Price is not consummated.

More Definitions of Third Party Purchase Price

Third Party Purchase Price shall have the meaning set forth in Section 22.3.

Third Party Purchase Price means, for the AMTP Shares subject to a Third Party Purchase, a price per share equal to the Liquidation Preference plus an amount equal to all unpaid dividends and other distributions on such share accumulated from and including the Date of Original Issue to (but excluding) the Third Party Purchase Date (whether or not earned or declared by the Fund, but without interest thereon).

Third Party Purchase Price means, in respect of any proposed Disposal, the price (if any) for such Disposal agreed between the Buyer and the relevant Third Party.

Third Party Purchase Price has the meaning set forth in the Statement.

Third Party Purchase Price. As defined in the Property Management Agreement.

Third Party Purchase Price shall have the meaning set forth in ‎Section 8.05(b).

Third Party Purchase Price means the cash value of: (i) the cash paid or payable, market value of marketable equity securities or interests, fair value of unmarketable equity securities or interests, and face amount of straight and convertible debt instruments or obligations issued or issuable (including any amounts paid into escrow) to BlueArc or BlueArc’s security holders (or any entity affiliated with BlueArc or BlueArc’s security holders) in connection with a Change in Control on, PLUS (ii) the amount of indebtedness of BlueArc assumed directly or indirectly by an acquiring Person (or any entity affiliated with an acquiring Person) in connection with a Change in * * * Indicates that confidential treatment has been sought for this information. 9 Control on the Change in Control Closing Date (as defined in Section 15.1 hereof); provided, however, in the event the Change in Control is effected via the acquisition of less than 100% of BlueArc’s securities, the calculation of the Third Party Purchase Price shall be pro-rated as if 100% of BlueArc’s outstanding securities were acquired. The Third Party Purchase Price shall be determined on the Change in Control Closing Date; provided, however, if the Change in Control results from a series of related transactions, the Third Party Purchase Price shall be: