Maximum Consideration definition

Maximum Consideration has the meaning specified in Section 3.02(d).
Maximum Consideration means an amount equal to the remainder of (i) $86,400,000, less (ii) the amount of the Deposit, less (iii) $1,500,000, less (iv) Closing Funded Debt, less (v) Seller Expenses (to the extent not included in Closing Funded Debt), less (vi) the Escrow Amount, plus (vii) the Additional Cash Payment, if any.
Maximum Consideration means the aggregate number of shares of Public Company Common Stock equal to the product of (i) the total number of shares of Otic Pharma Share Capital issued and outstanding and shares of Otic Pharma Share Capital issuable upon exercise of outstanding Otic Pharma Share Options and Otic Pharma Warrants, as of immediately prior to the Closing and as calculated on an as-converted basis, and (ii) the Exchange Ratio, which aggregate number shall in no event exceed 36,911,631 shares of Public Company Common Stock (subject to appropriate adjustment for stock splits, stock dividends, recapitalizations and similar transactions affecting the Public Company Common Stock).

Examples of Maximum Consideration in a sentence

  • Describe any significant project issues and the team’s approach in addressing those issues.25 Points Maximum Consideration Item 6: Interview (Optional)The City may determine that it is necessary to interview short-listed firms prior to making a recommendation to the City Council.

  • Assuming full acceptance of the Open Offer, the total consideration payable by the Acquirer in accordance with the SEBI (SAST) Regulations will be the Maximum Consideration.

  • After the completion of the work they must be returned to us or verifiably destroyed, at our choice, including any copies made.

  • For fraction of a KW, the penalties shall be applied on pro-rata basis.

  • The Directors are of the opinion that the Maximum Consideration and Issue Price are fair and reasonable and are on normal commercial terms.


More Definitions of Maximum Consideration

Maximum Consideration means a dollar amount equal to the product of (A) 1.30 multiplied by (B) the difference between (i) the aggregate tangible common equity of Company as set forth on the Closing Date Balance Sheet, minus (ii) the sum of (1) any Company Closing Expenses not previously accrued (as and to the extent reflected on the Closing Date Balance Sheet) and (2) all liabilities or obligations of any kind (absolute, accrued, asserted or unasserted, contingent or otherwise) resulting from a breach of any representation or warranty contained in Section 3.24 hereof.
Maximum Consideration means the aggregate number of shares of Public Company Common Stock equal to the product of (i) the total number of shares of Otic Pharma Share Capital issued and outstanding and shares of Otic Pharma Share Capital issuable upon exercise of outstanding Otic Pharma Share Options and Otic Pharma Warrants, as of immediately prior to the Closing and as calculated on an as-converted basis, and (ii) the
Maximum Consideration. Notwithstanding any provisions in the Artistes Engagement Subject Agreement(s) to the contrary, the annual aggregate amount of consideration to be paid under all of the Artistes Engagement Subject Agreements shall be subject to the relevant Annual Caps. In the event that for any financial year during the term of the Artistes Engagement Framework Agreement, the annual aggregate amount of the consideration to be paid under the Artistes Engagement Subject Agreement(s) will exceed the relevant Annual Cap, then (a) the Company shall take immediate appropriate steps or actions to comply with the relevant requirements under the GEM Listing Rules to enable the relevant member(s) of the Group to effect the payment of the relevant excess amount to the relevant member(s) of the eSun Associated Group; and (b) the relevant member of the Group shall remain liable for the excess amount but may delay payment of the excess amount until the Company shall have fully complied with the requirements of the GEM Listing Rules.
Maximum Consideration means an amount equal to the Closing Consideration, as adjusted pursuant to Section 2.4(c).
Maximum Consideration means the maximum consideration that the bidder or its associates provided or agreed to provide for a bid class security under a pre-bid purchase
Maximum Consideration means $957,300,000.
Maximum Consideration has the meaning set forth in Section 2.7 below.