Closing Cash Consideration definition

Closing Cash Consideration has the meaning set forth in Section 2.02.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Closing Cash Consideration means an amount equal to (a) 75% multiplied by (b) (i) the Closing Purchase Price, minus (ii) the Financial Debt, minus (iii) the Transaction Expenses.

Closing Cash Consideration shall have the meaning set forth in Section 3.1.

Examples of Closing Cash Consideration in a sentence

Any Rollover Notice shall (A) in the case of the foregoing clause (a), set forth the amount by which the Closing Rollover Amount shall be increased and the amount by which the Closing Cash Consideration shall be decreased and (B) include an updated Schedule 2, which shall supersede and replace the previously delivered Schedule 2 for all purposes hereunder.
For the avoidance of doubt, the Closing Cash Consideration allocable to each of PHP and WSI shall remain unchanged and not be impacted in any manner pursuant to this Section 1.11, and the percentage of the aggregate Closing Cash Consideration allocable to each of PHP and WSI in any such updated Schedule 2 shall be increased or decreased to reflect the reduction or increase in the aggregate Closing Cash Consideration payable to the other Ultimate Company Owners.

More Definitions of Closing Cash Consideration

Closing Cash Consideration has the meaning set forth in Section 2.6(a).

Closing Cash Consideration means an amount equal to:

Closing Cash Consideration means an amount equal to the sum of (i) $1,000,000,000, minus (ii) the Net Debt Adjustment Amount (which, for the avoidance of doubt, will result in an increase to Closing Cash Consideration if the Net Debt Adjustment Amount is a negative number), minus (iii) the Redemption Offset Amount, if any, to be allocated as set forth on the Allocation Schedule.

Closing Cash Consideration means (A) One Million Nine Hundred and Fifty Thousand Dollars ($1,950,000), adjusted upwards or downwards by the Closing Adjustment, minus (B) the sum of (1) the Transactions Expenses and (2) the Escrow Cash.

Closing Cash Consideration means an amount in cash equal to the difference between the Cash Consideration minus the aggregate Deficiency Amount, if any.

Closing Cash Consideration means the aggregate amount of cash payable in respect of (i) the Company A and B Preferred Stock in accordance with the Company’s Governing Documents, less $40,000,000, (ii) the Option Cash Consideration pursuant to Section 3.06, and (iii) the First LTIP Payment, in each case, as set forth on the Company Closing Statement.”’

Closing Cash Consideration has the meaning set forth in Section 4.1.