37 AGP Maximum

37 AGP Maximum. The AGP Maximum shall mean an amount equal to [$400,000 plus (50% x 25% x Georgetown Fees)] times the Multiple. (1) in the case of an Owner Reorganization, the lesser of: (i) 87.5% multiplied by [the Closing Price of Manager's Common Stock divided by "EBITDA per share" (which shall be calculated by Manager in accordance with past accounting and financial reporting practices)] or (ii) ten (10); or (2) in the other cases shall mean ten (10). The reference... to "cash flow per share" in Section 10.1(c)(ii) of the Agreement shall be replaced with "EBITDA per share" as defined above. View More