Initial Merger Consideration definition

Initial Merger Consideration has the meaning set forth in Section 2.2(a).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Initial Merger Consideration shall have the meaning set forth in Section 2.1(a)(i).

Initial Merger Consideration means $4,747,817, adjusted as follows as of the Effective Date or as soon thereafter as the information necessary to make such adjustments is available:

Examples of Initial Merger Consideration in a sentence

• The Adjusted Net Worth, Net Adjusted Pretax Income for 1998 and Initial Merger Consideration shall have been determined.

• As soon as reasonably practicable, the Company shall cause its auditors to prepare an audited balance sheet and income statement for the Company as of and for the year ended December 31, 1998 in accordance with ▇▇▇▇▇▇▇▇ GAAP and shall calculate the Company's Adjusted Net Worth and Net Adjusted Pretax Income and the Initial Merger Consideration on the basis thereof.

• If Lithia does not give notice of objections within that period, the Adjusted Net Worth, Net Adjusted Pretax Income and Initial Merger Consideration so calculated shall be final.

• Lithia shall have a period of 15 days after its receipt of such financial statements and calculations to make any objections it may have to the Adjusted Net Worth and Net Adjusted Pretax Income of the Company and Initial Merger Consideration as calculated by the Company.

• Of the stock portion of the Initial Merger Consideration, 70 percent will be paid in Class A Common stock and 30 percent in Series M-2002 Preferred Stock.

More Definitions of Initial Merger Consideration

Initial Merger Consideration means the sum of all PubCo Class A Ordinary Shares receivable by SPAC Shareholders pursuant to Section 2.2(e)(ii);

Initial Merger Consideration means an amount equal to the sum of (a) $70,000,000 plus (c) the Closing Aggregate Exercise Price.

Initial Merger Consideration has the meaning set forth in Section 1.6(a)(iv).

Initial Merger Consideration means the right to receive the PubCo Ordinary Shares by the SPAC Shareholders pursuant to Section 2.2(f).

Initial Merger Consideration means the sum of the Initial Common Stock Cash Consideration and the Escrow Consideration.

Initial Merger Consideration means a dollar amount equal to (i) the Merger Cash Consideration, plus (ii) Closing Cash, plus, (iii) the Net Working Capital Surplus, if any, minus

Initial Merger Consideration means an amount equal to (a) the Estimated Merger Consideration, minus (b) the Representative Expense Amount minus (c) the Adjustment Escrow Amount.