Examples of Closing Escrow Cash in a sentence
Notwithstanding anything to the contrary set forth in this Agreement, at the Effective Time, Parent shall withhold from the cash otherwise payable to each holder of Company Common Stock (other than Dissenting Shares) immediately prior to the Effective Time cash in an amount equal to such holder’s Pro Rata Share of the Closing Escrow Cash Amount.
At the Effective Time, (i) Parent shall make available to the Exchange Agent for exchange in accordance with this Article 2 the cash payable pursuant to Sections 2.6(b), in exchange for outstanding shares of Company Capital Stock (other than the Closing Escrow Cash Amount and the Contingent Payment Escrow Amount) and (ii) Parent shall deposit into the Closing Escrow Fund and the Contingent Payment Escrow Fund the Closing Escrow Cash Amount and Contingent Payment Escrow Amount, respectively.
Notwithstanding anything to the contrary set forth in this Agreement, at the Effective Time, Parent shall withhold from the cash otherwise payable to each holder of Company Capital Stock (other than Dissenting Shares) immediately prior to the Effective Time cash in an amount equal to such holder’s Pro Rata Share of the Closing Escrow Cash Amount.
For capital expenditure projects that require the engagement of multiple suppliers, each delivering a discrete outcome required to complete the overarching project, the Procurement Plan must be developed to address each specific procurement activity required to complete the project.
The aggregate Liability of each Company Stockholder pursuant to Section 11.2(a) will be limited to the sum of (i) that Company Stockholder’s Pro Rata Share of the Closing Escrow Cash plus (ii) that Company Holder’s Pro Rata Share of the Contingent Escrow Amount, if any.