Call Purchase Price. In the event that the Call Option is exercised, then the purchase price to be paid for the Membership Interest of the Selling Members shall be equal to the product of (i) such Selling Member’s Percentage Interest multiplied by (ii) the Call Equity Value.
Appears in 3 contracts
Sources: Participation and Operating Agreement (Ruby Tuesday of Bryant, Inc.), Participation and Operating Agreement (Ruby Tuesday of Bryant, Inc.), Participation and Operating Agreement (Ruby Tuesday of Bryant, Inc.)