ESCROW TAX STOCK CONSIDERATION Sample Clauses

ESCROW TAX STOCK CONSIDERATION. At the Closing, Recipient shall deliver to Escrow Agent to be held in escrow: (i) as partial consideration for the remaining twenty-four (24) Contributors' Holdings Shares and one thousand nine hundred forty-eight (1,948) Contributors' Subsidiary Shares to be delivered to Recipient by Xxxx. Xxxxxxxx at the Closing, stock certificates payable to Escrow Agent for the benefit of Xxxx. Xxxxxxxx and AVAX representing thirty-three thousand four hundred twenty-two (33,422) restricted shares of AVAX Stock with an aggregate market value of Two Hundred Ninety-Six Thousand Six Hundred Twenty and 25/100 United States Dollars (US $296,620.25) as of the close of trading on July 11, 2000; and (ii) in consideration for remaining twenty-three (23) Contributors' Holdings Shares and one thousand nine hundred forty-eight (1,948) Contributors' Subsidiary Shares to be delivered to Recipient by Xxxx. Xxxxxxxxx at the Closing, stock certificates payable to Escrow Agent for the benefit of Xxxx. Xxxxxxxxx and AVAX representing twenty-six thousand three hundred thirty-four (26,334) restricted shares of AVAX Stock with an aggregate market value of Two Hundred Thirty-Three Thousand Seven Hundred Fourteen and 25/100 United States Dollars (US $233,714.25) as of the close of trading on July 11, 2000 (collectively and together with sufficient stock transfer forms duly executed in blank, the "ESCROW TAX STOCK CONSIDERATION"). The Escrow Tax Stock Consideration shall be held in escrow in accordance with the Escrow Agreement for the benefit of AVAX and the Contributors until such time as the Escrow Agent receives joint written instructions from AVAX and both of the Contributors related to the proper distribution of such Escrow Tax Stock Consideration.
Sample 1
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Related to ESCROW TAX STOCK CONSIDERATION

  • Stock Consideration 3 subsidiary...................................................................53

  • Closing Consideration The closing consideration shall be delivered at the Closing as follows:

  • Cash Consideration In case of the issuance or sale of additional Shares for cash, the consideration received by the Company therefor shall be deemed to be the amount of cash received by the Company for such Shares (or, if such Shares are offered by the Company for subscription, the subscription price, or, if such Shares are sold to underwriters or dealers for public offering without a subscription offering, the public offering price), without deducting therefrom any compensation or discount paid or allowed to underwriters or dealers or others performing similar services or for any expenses incurred in connection therewith.

  • Merger Consideration Subject to the provisions of this Agreement, at the Effective Time, automatically by virtue of the Merger and without any action on the part of any Person:

  • Earn-Out Consideration (a) If the earnings before taxes (the "EBT") of the Company for the twelve months ending December 31, 1998, increased by amounts in respect of those items set forth on Schedule 2.5 that affected net income during the period from January 1, 1998 through the Closing Date and decreased by the amount of UniCapital corporate overhead allocated to the Company for the period from the Closing Date through December 31, 1998 (the "Adjusted 1998 EBT"), exceeds the EBT of the Company for the twelve months ending December 31, 1997, inclusive of the add-backs set forth on Schedule 2.5 (the "Adjusted 1997 EBT"), then the Stockholders shall be entitled to receive one-half of the difference between the Adjusted 1998 EBT and the Adjusted 1997 EBT.

  • Transaction Consideration The Transaction Consideration;

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • Share Consideration (a) At the Closing, the Limited Partners other than those Limited Partners who vote against the Merger and affirmatively elect to receive notes (the "Note Option") will be allocated American Spectrum Common Shares (the "Share Consideration") in accordance with the final Prospectus/Consent Solicitation Statement included in the Registration Statement.

  • Acquisition Consideration (a) The consideration (the "ACQUISITION CONSIDERATION") to be received by each Grantor in respect of the contribution of the Grantor's Interests to the Operating Partnership shall be an amount equal to $100.00 (one hundred dollars). The Acquisition Consideration shall be paid in the form of a combination of (i) cash and/or (ii) units of limited partnership interest in the Operating Partnership ("OP UNITS"), in the percentages and allocations set forth on Schedule B attached hereto. To the extent a percentage of the Acquisition Consideration includes one or more OP Units, as set forth on Schedule B, the number of OP Units the Grantor shall be entitled to receive upon the exercise of the Option with respect to such percentage shall equal the quotient of

  • Other Consideration As additional consideration, Purchaser shall also assume the Assumed Liabilities at the time of Closing.

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