Examples of Cash Closing Consideration in a sentence
Parent has and will have sufficient funds and committed lines of credit available for Parent to deliver the Estimated Cash Closing Consideration and any Contingent Payment in full and to consummate the transactions contemplated by this Agreement.
Any payments pursuant to this Section 2.7(g) shall be an adjustment to the Cash Closing Consideration.
In addition to the right to receive the Cash Closing Consideration pursuant to Section 2.3(a) and the Stock Consideration pursuant to Section 2.3(b), the Company, or its assignees(s), shall have the right to receive up to the total amount of the Earnout Consideration, to the extent earned as calculated in accordance with this Section 2.3(c).
The purchase price for the Shares (the "Purchase Price") shall be: (i) TWO MILLION ONE HUNDRED THOUSAND DOLLARS ($2,100,000) payable in immediately available funds at Closing (the "Cash Closing Consideration"); provided that such Cash Closing Consideration shall be subject to adjustment as set forth in Section 1.4 below; and (ii) ONE MILLION FIFTY-FIVE THOUSAND DOLLARS ($1,055,000) payable in cash on the first day after the first anniversary of the Closing (the "Deferred Consideration").
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The Aggregate Cash Closing Consideration as calculated pursuant to the terms of this Agreement shall be greater than or equal to $0.
No Key Securityholder shall be required to indemnify and hold harmless any Parent Group Member under Section 8.1 in respect of any matter, to the extent such matter was taken into account in reducing the Cash Closing Consideration pursuant to Section 2.7 and Parent has been compensated therefor pursuant to Section 2.7 .
Purchaser will, at the Effective Time, have sufficient currently available funds on hand (including, for these purposes, funds that currently may be drawn down under existing lines of credit), to consummate the Merger, including, without limitation, to (a) pay the aggregate Per Share Cash Closing Consideration pursuant to this Agreement, and (b) pay all outstanding fees and expenses of Purchaser and Merger Sub in connection with the Merger.
In such case, the Buyer and the Holders Representative will jointly retain the Independent Accountant and direct it to render a written report setting forth its determination of the Actual Aggregate Cash Closing Consideration, resolving any and all items in dispute (as set forth in the Protest Notice), not later than thirty (30) days after acceptance of its retention.
Subject to the provisions of Section 3.1(a), contemporaneously with the Closing, Purchaser shall pay to each US Equityholder an amount in cash equal to the Per Common Share Cash Closing Consideration times the number of Common Shares held by such US Equityholder (with respect to such US Equityholder, the “Common Share Closing Payment”).