Closing Percentage definition

Closing Percentage means the percentage of the Parent Merger Shares each Equityholder is entitled to receive pursuant to the liquidation preference set forth in the Twelfth Amended and Restated Certificate of Incorporation of the Company.
Closing Percentage means one hundred percent (100%) minus the Escrow Percentage.
Closing Percentage means a percentage, expressed as a fraction, equal to the quotient of (i) the difference of (A) the Closing Common Return less (B) one-half of the Cash Escrow Deposit and the Expense Escrow Deposit over (ii) the Closing Common Return.

Examples of Closing Percentage in a sentence

  • The shares of Purchaser's Common Stock issued to the Stockholders together with 68,000 additional shares of Purchaser's Common Stock to be included in the Option Program described in Schedule 3.1.3, represent [1.8%] of the Applicable Purchaser Shares, as calculated and defined in Schedule 4.7 hereto (the "Stockholders Closing Percentage").

  • For purposes of determining an Equityholder’s Closing Percentage, or Earnout Percentage, Parent shall be entitled to rely on the Pro Forma Initial Consideration Payout Spreadsheet and any Additional Payout Spreadsheet agreed upon between Parent and the Equityholder Representative from time to time.

  • For purposes of determining an Equityholder’s Closing Percentage, or Earnout Percentage, the Exchange Agent, Parent and Merger Sub shall be entitled to rely on the Pro Forma Initial Consideration Payout Spreadsheet and any Additional Payout Spreadsheet agreed upon between Parent and the Equityholder Representative from time to time.

  • If the PanAmSat Settlement Amount exceeds $3,600,000, such excess shall be paid to PanAmSat by Globo and News, provided that Globo’s share shall not exceed its Closing Percentage Interest in Sky Brasil.

  • Total Shell Shares Outstanding Prior to Closing Shell Shares to Be Cancelled Upon Closing Percentage of Current Taiyu shareholding Shell Issues New Shares to Taiyu holders Total Post Merger Shares Outstanding Shareholder Names to Appear on New Certificates 6,549,900 2,500,000 18,500,000 22,549,900 Beijing YSKN Machinery & Electronic Equipment Co., Ltd 36.80 % 6,808,000 Yang In Cheol 20.80 % 3,848,000 ShenYang ZhiCe Investment Co., Ltd 16 % 2,960,000 Advantage Consultants Ltd.


More Definitions of Closing Percentage

Closing Percentage means the lowest Composite Mining Fee quoted by the successful bidder at conclusion of Reverse Auction.
Closing Percentage means a percentage, expressed as a fraction, equal to the quotient of (i) the difference of (A) the Closing Common Return less
Closing Percentage shall be equal to 100 minus the Escrow Percentage. Code. “Code” shall mean the Internal Revenue Code of 1986, as amended. Company Capital Stock. “Company Capital Stock” shall mean the Company Common Stock and the Company Preferred Stock. Company Common Stock. “Company Common Stock” shall mean the common stock (par value $0.001 per share) of the Company. Company Contract. “Company Contract” shall mean any Contract: (a) to which any of the Acquired Corporations is a party; (b) by which any of the Acquired Corporations or any of its assets is or may become bound or under which any of the Acquired Corporations has, or may become subject to, any obligation; or (c) under which any of the Acquired Corporations has or may acquire any right or interest. Company Counsel. “Company Counsel” shall mean Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxx, Professional Corporation and any other legal counsel that has provided (or provides) services to or on A-1. Table of Contents
Closing Percentage means one minus a fraction equal to (i) $8,500,000 over (ii) the Purchase Price (excluding any amounts that increase the Purchase Price pursuant to clause (ii) of such definition).
Closing Percentage is defined in Section 1.02.
Closing Percentage means one hundred percent (100%) minus the sum of the Escrow Percentage and the Expense Percentage.
Closing Percentage means, with respect to a Seller, the percentage set forth across such Seller’s name on Exhibit A.