Closing Blocker Consideration definition
Closing Blocker Consideration has the meaning assigned to such term in Section 1.1(a) of the Agreement.
Examples of Closing Blocker Consideration in a sentence
At or promptly after the Effective Time on the Closing Date, Parent shall deposit with the Payment Agent cash sufficient to pay the Closing Blocker Consideration and an aggregate amount payable pursuant to Section 1.7(a)(iv)(A) (the cash amount so deposited with the Payment Agent is referred to herein as the “Payment Fund.”) The Payment Agent shall hold such funds and deliver them in accordance with, and subject to the terms and conditions, of this Agreement and the Payment Agent Agreement.