Common use of USD Equivalent Clause in Contracts

USD Equivalent. To the extent computation of any amounts contemplated by this Agreement (including the Closing Consideration and the Final Consideration) include a currency other than U.S. dollars, such amounts shall be converted to U.S. dollars using the USD Equivalent; provided, that, when determining the Final Consideration and any pre-closing or post-closing computations thereof for purposes of Article I, the USD Equivalent shall be determined using the Spot Rate on the Closing Date.

Appears in 1 contract

Sources: Share Purchase Agreement (SolarWinds Corp)

USD Equivalent. To the extent computation of any amounts contemplated by this Agreement (including the Closing Merger Consideration, the Final Residual Cash Consideration and any of the Final Considerationthresholds or other amounts contemplated by Article VIII) include a currency other than U.S. dollars, such amounts shall be converted to U.S. dollars using the USD Equivalent; provided, thathowever, that when determining the Final Residual Cash Consideration and any pre-closing or post-closing computations thereof for purposes of Article ISection 1.10, the USD Equivalent shall be determined using the Spot Rate on the Closing Date.

Appears in 1 contract

Sources: Merger Agreement (Par Pharmaceutical Companies, Inc.)

USD Equivalent. To the extent computation of any amounts contemplated by this Agreement (including the Closing Merger Consideration, the Final Merger Consideration and any of the Final Considerationthresholds or other amounts contemplated by Article VIII) include a currency other than U.S. dollars, such amounts shall be converted to U.S. dollars using the USD Equivalent; provided, thathowever, that when determining the Final Merger Consideration and any pre-closing or post-closing computations thereof for purposes of Article ISection 1.10, the USD Equivalent shall be determined using the Spot Rate on the Closing Date.

Appears in 1 contract

Sources: Merger Agreement (Devry Education Group Inc.)

USD Equivalent. To the extent computation of any amounts contemplated by this Agreement (including the Closing Consideration, the Final Closing Consideration and any of the Final Considerationthresholds or other amounts contemplated by Article XI, in each case as set forth on the Payment Schedule) include a currency other than U.S. dollars, such amounts shall be converted to U.S. dollars using the USD Equivalent; provided, thathowever, that when determining the Final Closing Consideration and any pre-closing or post-closing computations thereof for purposes of Article ISection 1.06, the USD Equivalent shall be determined using the Spot Rate on the Closing Date.. * * * *

Appears in 1 contract

Sources: Unit Purchase Agreement (White Mountains Insurance Group LTD)