Final Net Merger Consideration definition

Final Net Merger Consideration has the meaning specified in Section 3.4(a).
Final Net Merger Consideration means Sixty Million Dollars (US$60,000,000) less (a) the sum of the following amounts: (i) the NORD Corporate Debt, (ii) the Deferred Payments, (iii) Excess Liabilities, (iv) Stockholder Transaction Expenses and (v) the Advance Fund plus (b) the sum of the following amounts: (i) cash, (ii) the Coyote Springs Costs paid by NORD to the extent not reimbursed by PDM pursuant to Section 5.2, and (iii) Reimbursed Transaction Expenses.
Final Net Merger Consideration means an amount equal to (i) the Enterprise Value, plus (ii) the Aggregate Option Exercise Amount, plus (iii) the Closing Cash Amount reflected on the Final Closing Date Schedule, plus (iv) if the Closing Net Working Capital reflected on the Final Closing Date Schedule exceeds $6,500,000, the amount by which the Closing Net Working Capital reflected on the Final Closing Date Schedule exceeds $6,500,000, minus (v) if the Closing Net Working Capital reflected on the Final Closing Date Schedule is less than $5,500,000, the amount by which $5,500,000 exceeds the Closing Net Working Capital reflected on the Final Closing Date Schedule, minus (vi) the amount of the Funded Indebtedness reflected on the Final Closing Date Schedule, minus (vii) the aggregate amount of the Unpaid Transaction Expenses reflected on the Final Closing Date Schedule. For the avoidance of doubt, the Final Net Merger Consideration shall not be adjusted based on the Closing Net Working Capital if the

Examples of Final Net Merger Consideration in a sentence

  • The parties agree to treat all indemnification or other payments made under Article 9 and under any other indemnity provisions contained in this Agreement as adjustments to the Final Net Merger Consideration for Tax purposes, unless otherwise required by applicable Law.

  • If the Seller Representative does not deliver any Dispute Notice prior to the expiration of the Review Period, the Final Net Merger Consideration (together with all components thereof), as set forth on the Closing Date Schedule, shall be determinative for purposes of this Section 2.12 and shall be final, binding and non-appealable on all of the parties to this Agreement.

  • The Closing Net Working Capital, Closing Cash Amount, the Funded Indebtedness, and the Unpaid Transaction Expenses finally determined pursuant to this Section 2.12, and the Final Net Merger Consideration based thereon, shall be determinative for purposes of this Section 2.12 and shall be final and binding on all of the parties to this Agreement.

  • All amounts paid with respect to Indemnification Claims under this Agreement shall be treated by the parties hereto for all Tax purposes as adjustments to the Final Net Merger Consideration.

  • Within seventy-five (75) days following the Closing Date, Buyer, at its expense, shall prepare and deliver to the Seller Representative a statement (the “Closing Date Schedule”) setting forth, in reasonable detail (i) the Closing Net Working Capital, (ii) the Closing Cash (the “Closing Cash Amount”), (iii) the Funded Indebtedness, (iv) the Unpaid Transaction Expenses and (v) the computation of the Final Net Merger Consideration based on the foregoing.


More Definitions of Final Net Merger Consideration

Final Net Merger Consideration means an amount equal to (i) the Enterprise Value, plus (ii) the Aggregate Option Exercise Amount, plus (iii) the Closing Cash Amount reflected on the Final Closing Date Schedule, plus (iv) if the Closing Net Working Capital reflected on the Final Closing Date Schedule exceeds $6,500,000, the amount by which the Closing Net Working Capital reflected on the Final Closing Date Schedule exceeds $6,500,000, minus (v) if the Closing Net Working Capital reflected on the Final Closing Date Schedule is less than $5,500,000, the amount by which $5,500,000 exceeds the Closing Net Working Capital reflected on the Final Closing Date Schedule, minus (vi) the amount of the Funded Indebtedness reflected on the Final Closing Date Schedule, minus (vii) the aggregate amount of the Unpaid Transaction Expenses reflected on the Final Closing Date Schedule. For the avoidance of doubt, the Final Net Merger Consideration shall not be adjusted based on the Closing Net Working Capital if the Closing Net Working Capital reflected on the Final Closing Date Schedule is equal to at least $5,500,000 and not more than $6,500,000.

Related to Final Net Merger Consideration