Purchase Price Holdback definition

Purchase Price Holdback means the sum of: (i) the Inventory Adjustment Amount; (ii) the Accounts Adjustment Amount; and (iii) US$50,000.

Purchase Price Holdback. The aggregate of (1) all amounts to be paid to the Seller, its designee or its permitted assigns, as holder of a __________% interest in the Residual Ownership Interest over the term of the Trust Agreement, and (2) all amounts to be paid to the Seller, its designee or its permitted assigns, by the Purchaser pursuant to Section 2.3(d) over the term of the Mortgage Loan Purchase Agreement, as adjusted to reflect all payments pursuant to Section 2.7(d) and (e) over the term of the Mortgage Loan Purchase Agreement. All of the foregoing amounts, when paid to the Seller, its designee or its permitted assigns, shall be deemed to have been caused to be paid by the Purchaser to the Seller as part of the total consideration for the sale of the Mortgage Loans under the Mortgage Loan Purchase Agreement (including any Additional Balances) representing the portion of the Purchase Price not included in the amounts paid as described in clause (b) of Section 2.2 of the Mortgage Loan Purchase Agreement.] Purchaser: ________________ and its successors and assigns.

Purchase Price Holdback is defined in Section 2.05 of this Agreement. -----------------------

Examples of Purchase Price Holdback in a sentence

• Except in the event of intentional misrepresentation or fraud, in no event will the total cumulative amount of Damages for which the Sellers may be liable to Purchaser Indemnitees under this Article X exceed $35,000,000, plus an additional $35,000,000 (for a total of $70,000,000), if, and only if, Sellers receive the Purchase Price Holdback Amount.

• For the avoidance of doubt, the Purchase Price Holdback Amount shall be payable to the Sellers, subject to this Section 2.7, even if Mxxx Xxxxxxxxxx’x employment is terminated or otherwise disrupted due to his death or his inability to perform services to the Company due to physical, emotional or mental illness.

• In the event any Facility is not included in the initial closing, then $100,000 per such Facility shall not be part of the Purchase Price Holdback at the initial closing but such $100,000 shall be held back and become part of the Purchase Price Holdback upon the closing for such Facility.

• Buyer shall release the balance, net of the amount of any resolved or pending claim for indemnification, of the Purchase Price Holdback to Sellers no later than six months from the date of Closing.

• Mill seems to advocate a hedonic conception of utilitarianism, similar to Bentham's (1907) position, in which the only intrinsically valuable thing is the subjective feeling of happiness and all other things are instrumentally valuable provided that they contribute to the feeling of happiness.

More Definitions of Purchase Price Holdback

Purchase Price Holdback means the sum of One Hundred Fifty Thousand Dollars and No Cents ($150,000.00) to be held in escrow by Buyer.

Purchase Price Holdback has the meaning given to that term in Section 3.05(a).

Purchase Price Holdback as defined in Section 2.3 of this Agreement. --------------------------- "Qualified Claimant"-any Bondholder, trustee in the potential bankruptcy of --------------------- Americable, receiver, trade creditor, contractual creditor, or other party to whom any debt of Americable is due and owing under or arising from any Contract.

Purchase Price Holdback means a portion of the Purchase Price equivalent to TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000).

Purchase Price Holdback shall have the meaning ascribed thereto in subsection 2.2(a)(i);

Purchase Price Holdback has the meaning given in Section 2.1.

Purchase Price Holdback has the meaning set forth in SECTION 2.3.