Upfront Cash Consideration definition

Upfront Cash Consideration has the meaning set forth in Section 2.5.

Upfront Cash Consideration means $70,000,000, plus interest at the rate of 2% per annum for the period commencing September 13, 2013 and ending on the Closing Date, less the aggregate Closing Bonus Payment (as defined in the Retention Plan) payable to all Participants pursuant to the Retention Plan.

Upfront Cash Consideration has the meaning set out in Clause 3.2.3.

Examples of Upfront Cash Consideration in a sentence

• Evaluation Methodology 3.3 Opening of Proposal3.3.1 AAI shall open the applicant response in the e-portal as per time date and time scheduled in clause 4.9.3.3.3.2 AAI shall intimate Applicants by corrigendum in AAI website and e-portal in case any change in the date of opening of the Proposal.

• Notwithstanding anything in this Agreement to the contrary, the Terminated Indebtedness shall only reduce the portion of Upfront Cash Consideration payable to the Key Employee and shall not be borne equally by all Securityholders.

• The Upfront Cash Consideration has been satisfied by the Company on 24 August 2021, and the Remaining Cash Consideration and the consideration for the Commercial Vehicles shall be funded from the Company’s internal resources.

• The sum of (i) the Upfront Cash Consideration (as adjusted pursuant to clause (i) above), plus (ii) the Upfront Equity Consideration shall constitute the “Upfront Consideration.” The Upfront Cash Consideration to be paid by the Parent at Closing shall be reduced by an amount equal to the Stockholder Representative Escrow Amount.

• The Deposit shall be fully creditable toward the Upfront Cash Consideration.

More Definitions of Upfront Cash Consideration

Upfront Cash Consideration means, without duplication, the sum of (i) the Base Upfront Cash Consideration, plus (ii) the Aggregate Exercise Price, plus (iii) the estimated Closing Cash, minus (iv) the estimated Company Debt, minus (v) the estimated Company Transaction Expenses, minus (vi) the amount, if any, by which the Net Working Capital Threshold exceeds the estimated Closing Net Working Capital plus (vii) the amount, if any, by which the estimated Closing Net Working Capital exceeds the Net Working Capital Threshold.

Upfront Cash Consideration has the meaning set forth in Section 2.1 of the Agreement.

Upfront Cash Consideration means the sum of (i) the Base Upfront Cash Consideration, minus (ii) the estimated Company Debt, minus (iii) the estimated Company Transaction Expenses, minus (iv) the amount, if any, by which the Net Working Capital Threshold exceeds the estimated Closing Net Working Capital plus (v) the amount, if any, by which the estimated Closing Net Working Capital exceeds the Net Working Capital Threshold plus (vi) the aggregate amount of the exercise price of all Company Options and Company Warrants (except for any Company Warrant that will be exercised on a “net exercise” or similar basis in accordance with its terms).

Upfront Cash Consideration means the sum of (i) the Base Upfront Cash Consideration, minus (ii) the Net Closing Cash Adjustment Amount, minus (iii) the Company Transaction Expenses, minus (iv) the Base Upfront Cash Value of the Excluded Shares.

Upfront Cash Consideration means (i) $79,693,100 less (ii) 42.08% of the Post-Signing Expense Adjustment.

Upfront Cash Consideration has the meaning ascribed thereto in Section 2.3(a)(i);

Upfront Cash Consideration means $32,000,000.