Initial Closing Payment definition

Initial Closing Payment has the meaning set forth in Section 2.3(a).

Initial Closing Payment means the Initial Cash Payment and the Initial Share Issuance.

Initial Closing Payment means the sum of One Billion Three Hundred and Seventy Five Million Dollars ($1,375,000,000.00).

Examples of Initial Closing Payment in a sentence

• Any joint written instructions to be delivered to the Escrow Agent pursuant to this Section 2.3(a) shall be delivered promptly, but in no event later than five (5) calendar days following the date on which the First Calculation of the Initial Closing Payment or Final Calculation of the Second Closing Payment, as applicable, becomes binding pursuant to Section 2.2.

• The “Final Calculation of the Initial Closing Payment” shall mean the recalculation of the Initial Closing Payment using the 12-Month Closing Statement proposed by the Buyer Parties under this Section 2.2(d); provided, that if any of the amounts on such 12-Month Closing Statement are objected to by the Equityholder Representative pursuant to Section 2.2(e), the final determination of such amounts inaccordance with this Section 2.2 shall be used in the Final Calculation of the Initial Closing Payment.

• The “ First Calculation of the Initial Closing Payment” shall mean the recalculation of the Initial Closing Payment using the Initial Closing Statement proposed by the Buyer Parties under Section 2.2(a); provided, that if any of the amounts on such Initial Closing Statement are objected to by the Equityholder Representative pursuant to Section 2.2(e), the final determination of such amounts in accordance with thisSection 2.2 shall be used in the First Calculation of the Initial Closing Payment.

More Definitions of Initial Closing Payment

Initial Closing Payment means the Initial Purchase Price minus the Escrow Amount.

Initial Closing Payment means (A) an amount equal to the CFC IPA Cash Purchase Price, (B) plus the Deposit Escrow Amount minus $21,000, (C) plus or minus, as applicable, the Estimated Closing IPA Cash-to-Claims Amount, (D) plus the Estimated Closing IPA TNE Surplus or minus the Estimated Closing IPA TNE Deficiency, as applicable, (E) minus the CFC Indemnity Escrow Amount, (F) minus the CFC Adjustment Escrow Amount, (G) minus the Estimated Initial Closing Funded Indebtedness, and

Initial Closing Payment as defined in Section 1.4(b)(i).

Initial Closing Payment is defined in Section 2.2.

Initial Closing Payment shall have the meaning ascribed to such term in Section 2.1(a).

Initial Closing Payment has the meaning set forth in the Closing Payment Letter.

Initial Closing Payment means (A) an amount equal to the CFC IPA Cash Purchase Price, (B) plus the Deposit Escrow Amount minus $21,000, (C) plus or minus, as applicable, the Estimated Closing IPA Cash-to-Claims Amount, (D) plus the Estimated Closing IPA TNE Surplus or minus the Estimated Closing IPA TNE Deficiency, as applicable, (E) minus the CFC Indemnity Escrow Amount, (F) minus the CFC Adjustment Escrow Amount, (G) minus the Estimated Initial Closing Funded Indebtedness, and (H) minus the Initial Closing Estimated Transaction Expenses as of the Initial Closing.