Examples of Net Merger Consideration in a sentence
None of Buyer, Newco, the Company, the Payment Agent, Escrow Agent or the Stockholders’ Representative shall be liable to any Person in respect of any payment of the Net Merger Consideration properly delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.
Unless otherwise required by applicable Law, all indemnification payments will constitute adjustments to the Final Adjusted Net Merger Consideration for all Tax purposes, and no party may take any position inconsistent with such characterization.
If any Certificate representing shares of Company Stock shall not have been surrendered immediately prior to the date on which any Net Merger Consideration would otherwise escheat to or become the property of any Government Entity, any such Net Merger Consideration shall, to the extent permitted by applicable law, become the property of Buyer, free and clear of all claims of or interest of any Person previously entitled thereto.
Net Merger Consideration paid upon the surrender for exchange of certificates representing shares of Company Stock in accordance with the terms of this Article 2 shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Stock represented by such certificates.
The Parent Closing Statement delivered by the Parent shall also set forth any adjustment in the Net Merger Consideration due to such adjustments.