Closing Escrow Amount shall have the meaning set forth in Section 3.2(a).
Closing Escrow Amount shall have the meaning given that term in Section 3.01.
Closing Escrow Amount means the product equal to (i) the sum of (x) the Closing Payment Amount (as set forth on the Capitalization and Closing Payment Amount Certificate), and (y) the Estimated Deemed Tax Benefit, less (ii) the Strike Price Amount set forth in the Capitalization and Closing Payment Amount Certificate, multiplied by (iii) 0.125.
Examples of Closing Escrow Amount in a sentence
Upon the Closing, Escrow Amount shall be retained in the Escrow Accounts and pursuant to the terms and subject to the conditions of the Escrow Agreement in order to secure the indemnification obligations of Transferors pursuant to Article VI.
More Definitions of Closing Escrow Amount
Closing Escrow Amount means the amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00), to be paid in cash to the Escrow Agent by the Company pursuant to Section 3.2 hereof.
Closing Escrow Amount has the meaning set forth in Section 1.4(d).
Closing Escrow Amount shall be two million and two hundred fifty thousand dollars ($2,250,000) comprised of cash in the amount of one million one hundred and twenty-five thousand dollars ($1,125,000) and 14,871 shares of SCM Common Stock (representing $1,125,000 of SCM Common Stock based on the SCM Stock Price) and representing in the aggregate 15% of the Closing Merger Consideration payable to the Company Shareholders prior to any adjustment thereof; such amount is to be deducted from the Closing Merger Consideration and placed in escrow in accordance with the provisions of Section 1.8 and Article VIII of this Agreement.
Closing Escrow Amount means the sum of (i) Cash Purchase Price, (ii) the Credit Facility Amount and (iii) the amount of Transaction Expenses; minus the sum of (i) any Working Capital Underage, (ii) the Working Capital Adjustment Escrow Amount and (iii) the Indemnification Escrow Amount.
Closing Escrow Amount has the meaning set forth in Section 2.9(a).
Closing Escrow Amount shall have the meaning set forth in Section 2.4(b) of this Agreement.
Closing Escrow Amount means an amount equal to $9,100,000.