Stock Escrow Amount definition

Stock Escrow Amount shall have the meaning given to such term in the Merger Agreement.

Stock Escrow Amount means a number of shares of Parent Common Stock equal to 15% of the Initial Stock Consideration, rounded to the nearest whole number of Parent Common Stock.

Stock Escrow Amount means 1,449,742 shares of Acquirer Common Stock.

Examples of Stock Escrow Amount in a sentence

• The opioid crisis in Escambia County has grown so severe that first responders use naloxone, an opioid reversal drug, on a daily basis.

• The Escrow Agent shall exercise the due care and diligence with respect to the Stock Escrow Amount as is required by law to be exercised by a bank custodian holding its customer’s property.

• The Escrow Agent will release amounts from the Escrow Fund pursuant to this Section 4(b)(iii), first from the Cash Escrow Amount portion of the Escrow Fund, and second, only to the extent necessary in the event that there is insufficient cash then remaining in the Escrow Fund, from the Stock Escrow Amount portion of the Escrow Fund.

• In no event shall the aggregate liability under this Article IX for which the Parent Indemnified Parties may seek indemnification for all claims hereunder exceed the Stock Escrow Amount.

• Upon the surrender of the certificate that formerly represented shares of Company Common Stock in accordance with the provisions of Section 2.02(c), the Exchange Agent shall deliver to the holders of Company Common Stock certificates representing (i) the number of shares of Parent Common Stock into which such shares shall have been converted in accordance with Sections 2.01(c) and 2.04, less (ii) the portion of the Stock Escrow Amount attributable to each such holder of Company Common Stock.

More Definitions of Stock Escrow Amount

Stock Escrow Amount has the meaning set forth in Section 11.3(a) of this Agreement.

Stock Escrow Amount means that number of shares of Parent Common Stock equal to Thirty Five Million Dollars ($35,000,000) divided by the Closing Price.

Stock Escrow Amount means a number of shares of Parent Common Stock equal to 2,681,668 (the "Initial Stock Consideration"), and the "Special Escrow Amount" means 1,000,000 shares of Parent Common Stock. The Escrow Agent shall have no duty to confirm or verify the accuracy or correctness of the amount of any Aggregate Escrow Amount deposited with it hereunder. The Escrow Agent may execute this Agreement following the date hereof, and such later execution, if so executed after the date hereof, shall not affect the binding nature of this Agreement as of the date hereof between the other signatories hereto. The Escrow Fund shall be held as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor or any party hereto. The Escrow Agent agrees to hold the Escrow Fund in an escrow account subject to the terms and conditions of this Agreement.

Stock Escrow Amount means 333,794 shares of Parent Common Stock, which number of shares shall be deposited with the Escrow Agent to be held in escrow, subject to the terms and conditions of the Escrow Agreement. “Stock Merger Consideration” 3,337,941 shares of Parent Common Stock.

Stock Escrow Amount means One Million Nine Hundred Thousand Dollars ($1,900,000) of the Stock Consideration payable to the Equity Holders under this Agreement.

Stock Escrow Amount has the meaning set forth in Section 1.01(a)(i)(A).

Stock Escrow Amount means that number of shares of Purchaser’s Common Stock having a value of $750,000 as calculated in the manner set forth in Section 2.2(a)(ii).