Holdback Consideration definition

Holdback Consideration means that number of shares of Parent Common Stock equal to Three Hundred Fifty Thousand Dollars ($350,000.00) divided by the Per Share Price.

Holdback Consideration means two million six hundred thousand dollars (US$2,600,000), which shall reduce the portion of the Purchase Price payable to BR Holdco for further distribution to the Filev Trust.

Holdback Consideration shall have the meaning set forth in Section 2.8.

Examples of Holdback Consideration in a sentence

• To record issuance of Net Upfront Consideration Shares and Holdback Consideration Shares to the selling shareholders in the business combination, calculated as follows:.

• Simultaneous with Closing, Buyer agrees to deposit with the Escrow Agent, under and subject to the terms of the Escrow Account Instruction Letter and this Agreement, the Holdback Consideration which shall be the cash sum of Five Million Dollars ($5,000,000.00) (“Holdback Consideration”), which shall be the initial Escrow Sum.

• Subject to offset as provided in Article VIII and Section 5.9, all Non-Contingent Holdback Consideration and Post-Closing Merger Consideration payable by Acquiror pursuant to this Agreement shall be deposited with the Exchange Agent as specified in this Section 1.17, and thereafter Acquiror shall cause the Exchange Agent to promptly distribute such Non-Contingent Holdback Consideration and Post-Closing Merger Consideration to each Company Securityholder as set forth on the Closing Payment Schedule.

• Exceptional Student Education provides, supports, and monitors services for students with disabilities.

• The amount of any decrease, plus interest at a rate of prime per annum from the Closing Date until the date deducted pursuant to this Section 2.7(d)(ii), shall be deducted by Parent from the Holdback Consideration by (A) reducing the Cash Holdback Amount by the product of (x) the Adjustment Amount and (y) the Cash Holdback Consideration Percentage and (B) reducing the Stock Holdback Amount by the product of (x) the Adjustment Amount and (y) the Stock Holdback Consideration Percentage.

More Definitions of Holdback Consideration

Holdback Consideration means $4,500,000.

Holdback Consideration has such meaning as set forth in Section 6.9(a).

Holdback Consideration means the amount equal to (i) the Closing Purchase Price, as set forth in the Pre-Closing Statement, with any adjustments that are mutually determined by Purchaser and Seller pursuant to Section 2.2(a) multiplied by (ii) ten percent (10%).

Holdback Consideration means the cash amount equal to the sum of (i) $20,000,000 plus (ii) in the case of any discrepancies between Parent’s and the Company’s determinations of Estimated Working Capital or Estimated Debt, the Holdback Adjustment Amount.

Holdback Consideration means twenty-five million dollars (US$25,000,000).

Holdback Consideration means the 1st Anniversary Holdback Shares and the 2nd Anniversary Holdback Shares.

Holdback Consideration means $350,000.