Examples of Residual Cash Consideration in a sentence
For any Options for which the exercise price of such Option is greater than or equal to the Per Share Portion of the Final Residual Cash Consideration allocable to such Option, such Option will be terminated for no consideration.
For any Options for which the exercise price of such Option is greater than or equal to the Per Share Portion of the Closing Residual Cash Consideration allocable to such Option, such Option will be terminated for no consideration.
The Representative Reserve Fund will be retained by the Representative until such time as the Representative will determine in its sole discretion, provided that the Representative Reserve Fund will be retained until at least the Final Residual Cash Consideration has been determined pursuant to Section 1.10.
Pursuant to Section 2.3, the Transaction Expenses reflected on the Invoices for which the Company or the Stockholders and the Optionholders are liable pursuant to this Section 7.1 shall be paid at the Closing and taken into account as a deduction in determining the Closing Residual Cash Consideration or, if applicable, the Closing Liquid Net Worth.
The Representative (on behalf of the Stockholders and Optionholders) will act on behalf of all Indemnitors in the case of all Third Party Claims with respect to which a Parent Indemnified Party is seeking indemnification under Section 8.02 (with each Stockholder or Optionholder responsible for its portion of Representative’s costs and expenses in undertaking such representation (determined on a pro rata basis according to each such Person’s Per Share Portion of the Final Residual Cash Consideration)).
The Paying Agent shall pay and deliver the portion of the Closing Residual Cash Consideration to which a Shareholder is entitled less applicable Tax withholding within two (2) Business Days of the Paying Agent's receipt of such Shareholder's duly executed Exchange Documents and Stock Certificate(s) in proper form.
An amount in cash equal to $500,000.00 (the “Representative Reserve Fund”) will be withheld from the Closing Residual Cash Consideration at Closing and will be paid by Parent to the Representative, or its designee, pursuant to payment instructions delivered by the Representative to Parent.
The Closing Residual Cash Consideration shall be adjusted based on the Estimated Closing Date Net Working Capital as set forth in Section 2.2(a)(ii).
The Closing Statement will be derived from the Closing Balance Sheet, and will, with respect to all of the amounts taken into account in calculating the Final Residual Cash Consideration (as well as the Final Residual Cash Consideration resulting therefrom), be prepared in accordance with the applicable definitions in this Agreement.
An amount in cash equal to $250,000 (the "Representative Reserve Fund") will be withheld from the Closing Residual Cash Consideration at Closing and will be paid by Parent to the Representative pursuant to payment instructions delivered by the Representative to Parent.