Examples of Closing Share Value in a sentence
If the Estimated Net Adjustment is a positive number, the number of Subordinate Shares to be issued to the Participating Securityholders at the Closing, subject to Section 3.4(a) shall be increased by a number of Subordinate Shares having a Closing Share Value equal to the Estimated Net Adjustment.
Subject to applicable Law, BDE may satisfy all or a portion of its indemnification obligations under this Section 10 by delivery to Atrinsic of that number of shares of the Share Consideration as is equal to (x) the amount of the indemnification payments BDE chooses to satisfy by delivery of shares, divided by (y) the Closing Share Value.
If the Estimated Net Adjustment is a negative number, the number of Subordinate Shares issued to the Participating Securityholders at the Closing, subject to Section 3.4(a), shall be reduced by a number of Subordinate Shares having a Closing Share Value equal to the Estimated Net Adjustment (reflected as a positive number).
Although employment locations are well-established within the market towns, these will be more limited and as a result of this and the more strategic employment locations within and around Cambridge, there will continue to be out-commuting to the city.
To the extent that the aggregate estimated amount of any claims identified by Buyer in the Final Escrow Certificate is less than the value of the Escrowed Shares held in escrow (valued at the Closing Share Value), then Buyer shall direct the Escrow Agent to deliver to Sellers, on a Pro Rata Basis, all of the Escrow Shares then held in escrow less such number of Escrow Shares having a value (based on the Closing Share Value) equal to the aggregate estimated amount of such identified claims.