Option Purchase Price

Example Definitions of "Option Purchase Price"
Option Purchase Price. Means (i) the Book Value of the Insurance Carriers as agreed upon pursuant to Section 2(c) hereto, plus (ii) solely in the event the Option Exercise Notice is delivered in accordance with Section 2(b) hereto prior to the Option Termination Date, the Additional Consideration.
Found in Ranger Bermuda Topco Ltd contract
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