Exit Consideration definition
Exit Consideration means the total consideration actually received by, or distributed to, the Company and/or its shareholders in connection with an Exit Event, of any nature, including, without limitation, all cash, securities or other property which is received by Company or its shareholders in consideration of and in connection with such Exit Event. For the avoidance of doubt, in an Exit Event that is a merger or acquisition type transaction, the Exit Consideration will be a function of the total consideration received by, or distributed to, the shareholders and in an Exit Event that is an IPO, the Exit Consideration will be a function of the total consideration received by, or distributed to, the Company.
Exit Consideration means the total consideration paid to, received by, or distributed to, the Company and/or its shareholders and/or its Affiliates in connection with an Exit Event, of any nature, including, without limitation, all cash, securities or other property which is received by Company and/or its shareholders in connection with such Exit Event.
Exit Consideration means the Tranche A Exit Consideration, Tranche B Exit Consideration or the Tranche C Exit Consideration, individually or collectively, as applicable.
Examples of Exit Consideration in a sentence
Any and all Tranche A Additional Consideration shall be fully earned on the Effective Date and shall not be refundable for any reason whatsoever, and any and all Tranche B Additional Consideration, Tranche A Exit Consideration and Tranche B Exit Consideration shall be fully earned when paid and shall not be refundable for any reason whatsoever.
More Definitions of Exit Consideration
Exit Consideration means the following consideration to be received by RDC pursuant to an Exit:
2.4.1. If the Exit is pursuant to an IPO, then (A) the aggregate number of shares of NewCo held by RDC immediately prior to the IPO, multiplied by (B) the price per shares set under the IPO; and otherwise
2.4.2. In all other Exit events, the fair market value of the consideration actually received by RDC pursuant to or in connection with an Exit, whether in cash, assets and/or securities.
Exit Consideration has the meaning as set out in Section 6.1.