Composition of purchase price. The purchase price for the Jewel Share to be paid by Buyer to Seller in accordance with Article 2.3 (the “Purchase Price”) shall be an amount of: a. CHF 380,000,000 (three hundred eighty million Swiss Francs) (herein “Enterprise Value”), b. minus the amount of the Net Debt, and c. plus the amount of any Net Working Capital above the Reference Net Working Capital or less the amount of any shortfall in the Net Working Capital below the Reference Net Working Capital, as the case may be. The Purchase Price is subject to the adjustment set forth in Article 2.6.
Appears in 2 contracts
Sources: Sale and Purchase Agreement, Sale and Purchase Agreement (Laureate Education, Inc.)