Merger Cash definition

Merger Cash means cash consideration paid or payable pursuant to Section 1.7.

Merger Cash shall have the meaning set forth in Section 2.6(a)(ii) hereof.

Merger Cash means the cash issued in exchange for outstanding shares of Company Capital Stock pursuant to Section 1.6 and payable upon exercise of Assumed Company Options and assumed Company Warrants.

Examples of Merger Cash in a sentence

• Acquirer covenants and agrees that it will transfer to the Surviving Corporation: (1) $400,000 of the capital used to pay the Merger Cash Consideration by January 28, 2011; and (2) the remainder of the capital used to pay the Merger Cash Consideration by February 18, 2011.

• Company will have received evidence from Acquirer that Acquirer transferred USD $3,500,000 to Sub in order for the Surviving Corporation to fulfill its obligation to pay the Merger Cash Consideration pursuant to the terms and conditions of this Agreement.

• The Merger Cash Payments are intended to correspond to the amounts due under the Prior Change of Control Agreement.

• No Merger Cash Consideration or Expense Reimbursements previously paid to Selling Stockholder prior to the date of the Unwind Notice shall be refundable to Parent upon consummation of the Unwind Transfer and Unwind Repurchase, and the Parties shall have no further obligations under this Agreement.

• If neither Section 1.2(b) nor Section 1.2(c) is applicable, each outstanding share of ASARCO Common Stock will be converted in the ASARCO Merger into (A) an amount of cash equal to the ASARCO Merger Cash Amount, without interest, and (B) a number of shares of Parent Common Stock equal to the ASARCO Merger Stock Amount.

More Definitions of Merger Cash

Merger Cash means Thirty Five Million Dollars ($35,000,000), minus (i) the amount by which the Transaction Expenses of HOVRS exceed One Million Dollars ($1,000,000) in the aggregate, and (ii) the amount of the Employee Cash Bonus.

Merger Cash means an amount in cash equal to the product of (i) 0.199 multiplied by (ii) the Aggregate Common Stock Consideration Amount, rounded to the nearest whole cent (with 0.5 of a cent rounded down), subject to adjustment as set forth in Section 1.11.

Merger Cash means an amount per share of XLI Common Stock calculated as set forth in Section 2.4 (Effect of Merger on Outstanding Securities).

Merger Cash means (i) the product of 0.57778 multiplied by the Aggregate Consideration Amount, or (ii) if the Cash Election is exercised, the Aggregate Consideration Amount, in each case rounded to the nearest whole cent (with 0.5 of a cent rounded down), subject to adjustment as set forth in Section 1.12.

Merger Cash set forth in Section 1 of the Merger Agreement shall be deleted in its entirety and replaced with the following:

Merger Cash is defined in Section 2.5.

Merger Cash means the product of 0.40 and the Aggregate Consideration Amount, rounded to the nearest whole cent (with 0.5 of a cent rounded up).