Examples of Base Consideration Amount in a sentence
On the other hand, if the Actual Adjusted Net Worth is less than the Target Adjusted Net Worth (said amount hereinafter referred to as the "Net Worth Shortfall"), then the Base Consideration Amount shall be reduced One and No/100 Dollar ($1.00) for every dollar of the Net Worth Shortfall.
On the other hand, if the Actual Annualized EBITDA is less than the Target Annualized EBITDA (said amount hereinafter referred to as the "EBITDA Shortfall"), then the Base Consideration Amount shall be reduced Three and 20/100 Dollars ($3.20) for every dollar of the EBITDA Shortfall.
If the Actual Adjusted Net Worth is greater than the Target Adjusted Net Worth (the amount of said excess hereinafter referred to as the "Net Worth Excess"), then the Base Consideration Amount shall be increased One and No/100 Dollar ($1.00) for every dollar of Net Worth Excess.
As security for the indemnities provided herein by Seller, Seller shall deposit in escrow with the escrow agent named in the Escrow Agreement attached hereto as EXHIBIT A the cash sum equal to Four Hundred Seventy Thousand and No/100 4 6 Dollars ($470,000.00) (which shall be deducted from the Base Consideration Amount referenced in Section 2.1.1. above).
As security for the indemnities provided ---------------- herein by Seller and Shareholders, Seller shall deposit in escrow with the escrow agent named in the Escrow Agreement attached hereto as EXHIBIT A the sum --------- of $500,000.00 in cash (which shall be deducted from the cash portion of the Base Consideration Amount referenced in Section 2.1.1.A. above and one hundred four thousand six hundred ninety-eight (104,698) shares of the stock.