Examples of Per Share Closing Payment in a sentence
By way of example only, at the time of execution of this Agreement the Fully Diluted Common Number is represented by the Company to be 7,539,866 shares; accordingly, assuming Cash Consideration of $11,700,000 and an Escrow Amount of $1,755,000, the Per Share Closing Payment would be ($11,700,000 - $199,375 - $1,755,000) / (7,539,866 -128,629) shares, or $1.3150 per share.
On or after the later of the Closing Date and such surrender, the Stockholder Representative shall distribute to such Stockholder an amount (without interest) by check or, if requested, wire transfer of immediately available funds equal to the Per Share Closing Payment with respect to each Share represented by such surrendered Stock Certificate.
The Buyer shall pay to the Seller from the Cash Portion of the Purchase Price, an amount equal to the sum of (A) the product of (x) the total number of issued and paid-up shares of the Stock owned by the Seller at the Closing and (y) the Per Share Closing Payment less (B) the Stock Portion of the Purchase Price.
The per share exercise price of each such Company Option will equal the per Common Share exercise price of such Company Option being converted immediately prior to the Closing, multiplied by the reciprocal of the Per Share Closing Payment, rounded up to the nearest whole cent.
One good example is the lack of equal representation in parliaments, where laws are developed without considering all the points of view, as it exists bias through the functions of political institutions.