Cash Consideration definition
Examples of Cash Consideration in a sentence
The Parties acknowledge that the Purchase Price has a stated aggregate value of Seven Million Four Hundred Fifty Thousand United States Dollars (US$7,450,000), comprised of the Cash Consideration (US$300,000) and the Preferred Shares at their aggregate Stated Value (US$7,150,000).
The aggregate consideration for the Purchased Assets (the “Purchase Price”) shall consist of: (i) the Cash Consideration; (ii) the Series D Preferred Shares; and (iii) the Series E Preferred Shares.
If withholding is required in respect of any Securities, Purchaser may reduce the number of Securities issued by a number having a value, determined at the Stated Value set forth in Section 2.2(a), equal to the required withholding, and Purchaser may deduct and withhold any required amount from any Installment of the Cash Consideration.
Sellers will be solely responsible for correctly distributing the Closing Cash Consideration and the Closing Stock Consideration between RNX and IIFP.
The aggregate liability of Purchaser under this Article VI shall not exceed the Cash Consideration, except in the case of fraud.