Closing Option Proceeds definition

Closing Option Proceeds means the cash proceeds received by the Company upon the exercise of any Company Options immediately prior to the Closing.
Sample 1

Examples of Closing Option Proceeds in a sentence

  • The portion of the Final Option Proceeds to be paid at the Closing to each such Optionholder will be an amount in cash equal to (x) such Optionholder's Closing Common Share Proceeds minus (y) the aggregate exercise price for all shares of Common Stock issuable upon exercise of the Nonqualified Options held by such Optionholder (such Optionholder's "Closing Option Proceeds").

Related to Closing Option Proceeds

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Payment has the meaning set forth in Section 2.2(a).

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

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Escrow Cash is defined in Section 4.1(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Adjustment Escrow Amount means $1,000,000.

  • Closing Cash means the amount of Cash determined as of the close of business on the Closing Date.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).