Actually Received definition
Examples of Actually Received in a sentence
In addition, any interest that would be receivable by a party pursuant to the first sentence of this section but is not actually received in cash shall be treated as Actually Received when it reduces the amount that otherwise would be payable in cash or by way of offset to a taxing authority.
In the case of claims for indemnification relating to the Company Fundamental Reps, the total amount of indemnification payments that a Stockholder Indemnitor can be required to make to the Parent Indemnitees pursuant to this Article 5 shall be limited to Merger Consideration Actually Received by such Stockholder Indemnitor (which shall include its Pro Rata Portion of any remaining Escrow Amounts at the time of such claim).
Except for the Fundamental Representations and Fraud, the aggregate amount of all Losses for which Seller shall be liable pursuant to Section 8.02(a) shall not exceed fifteen percent (20%) of the Actually Received Consideration.
ETCO shall be subject to a pari passu dilution of its 5% NEWCO interest, along with the other shareholders, for funding Actually Received by NEWCO in excess of $4,000,000.
The aggregate amount of all Losses for which Seller shall be liable pursuant to Section 8.02 (including for breaches of Fundamental Representations) shall not exceed the Actually Received Consideration.