Increased Consideration Sample Clauses

Increased Consideration. Subject to Section 2.2.4, if the Net Purchase Price is greater than the Estimated Net Purchase Price, then, upon final determination of the Net Worth as of the Closing Date and the Net Debt as of the Closing Date pursuant to Section 2.5 and calculation of the amount by which the Net Purchase Price exceeds the Estimated Net Purchase Price (such excess amount, the "Increased Consideration"), the Purchaser shall pay the Increased Consideration to the Sellers by (i) paying to the Canadian Seller in cash a sum equal to 13.96% of the Increased Consideration by wire transfer to an account or accounts specified in writing by the Canadian Seller, (ii) paying to the US Seller in cash a sum equal to 36.04% of the Increased Consideration by wire transfer to an account or accounts specified in writing by the US Seller and (iii) issuing and delivering to the US Seller a stock certificate, registered in the US Seller's name, representing a number of shares of BBC Common Stock equal to (x) 50% of the Increased Consideration divided by (y) the Market Value.
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Increased Consideration. CEI and CMG, by their respective boards of directors, have agreed to increase the per-share consideration to be paid in the Proposed Transaction from $3.80 per Share to $4.80 per Share.
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Increased Consideration. If the Final Purchase Price is greater than the Preliminary Purchase Price, then, as soon as possible after final determination of the Net Asset Value pursuant to this Section 2.5 and calculation of the amount by which the Final Purchase Price exceeds the Preliminary Purchase Price (such excess amount, the "Increased Consideration"), the Purchaser shall pay, and the Parent Purchaser shall cause the Purchaser to pay, to the Sellers, by wire transfer to an account or accounts specified in writing by the Parent Seller, an amount of cash equal to the Increased Consideration plus interest on the Increased Consideration from the Closing Date to the date of such payment at a per annum rate equal to the Borrowing Rate.
Sample 1
Increased Consideration. Subject to Section 2.2.4, if the Net Purchase Price is greater than the Estimated Net Purchase Price, then, upon final determination of the Net Worth as of the Closing Date and the Net Debt as of the Closing Date pursuant to Section 2.5 and calculation of the amount by which the Net Purchase Price exceeds the Estimated Net Purchase Price (such excess amount plus Interest (as defined below), the "Increased Consideration"), the Purchaser shall pay the Increased Consideration to the US Seller by (i) paying to the US Seller in cash a sum equal to fifty percent (50%) of the Increased Consideration by wire transfer to an account or accounts specified in writing by the Canadian Corporation and (ii) issuing and delivering to the US Seller a stock certificate or certificates (as reasonably requested by the US Seller), registered in the US Seller's name, representing a number of shares of BBC Common Stock equal to (x) fifty percent (50%) of the Increased Consideration divided by (y) the Market Value.
Sample 1

Related to Increased Consideration

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • Additional Considerations For each mediation or arbitration:

  • 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.

  • Adjustment of Consideration Notwithstanding any restriction or any other matter in this Agreement to the contrary, if, between the date of this Agreement and the Effective Time, the issued and outstanding Purchaser Shares shall have been changed into a different number of shares by reason of any split, consolidation or stock dividend of the issued and outstanding Purchaser Shares or similar event, then the Consideration to be paid per Company Share shall be appropriately adjusted to provide to Company Shareholders the same economic effect as contemplated by this Agreement and the Arrangement prior to such action and as so adjusted shall, from and after the date of such event, be the Consideration to be paid per Company Share.

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

  • Adjustments to Merger Consideration The Merger Consideration shall be adjusted to reflect fully the effect of any reclassification, stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into Company Common Stock), reorganization, recapitalization or other like change with respect to Company Common Stock occurring (or for which a record date is established) after the date hereof and prior to the Effective Time.

  • 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.

  • No Additional Consideration For the avoidance of doubt, the transfer of any Assets under this Section 2.8 shall be effected without any additional consideration by either party.

  • Total Consideration The aggregate consideration (the "Consideration") payable by the Surviving Partnership in connection with the merger of the Merged Partnership with and into the Surviving Partnership shall be $8,275,000, subject to adjustments at Closing pursuant to Section 3.9 and costs paid pursuant to Section 3.10(c) and Section 3.11, plus the amount of any tax or other reserves held by the Existing Lender (hereinafter defined).

  • Adjustment to Merger Consideration The Merger Consideration shall be adjusted appropriately to reflect the effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Common Stock), cash dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to Common Stock occurring on or after the date hereof and prior to the Effective Time.

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