The Redemption. At Closing, 34 shares (the "REDEMPTION SHARES") of the Existing Shares held by Allied Parent will be redeemed by the Company for a purchase price of $433,710 per share (an aggregate redemption price of $14,746,140), subject to adjustment and escrow holdbacks as provided herein (the "REDEMPTION").
Appears in 2 contracts
Sources: Recapitalization Agreement (Global Vacation Group Inc), Recapitalization Agreement (Thayer Equity Investors Iii Lp)