Majority Closing Consideration Sample Clauses
Majority Closing Consideration. To the Majority Members by bank cashier’s or certified check payable to the order of the Majority Members as set forth in Schedule 2.3.1, or by wire transfer to account of the Majority Members as set forth in Schedule 2.3.1, the Majority Closing Consideration;
Majority Closing Consideration. At the Closing the Buyer shall pay the Majority Members as set forth in Schedule 2.3.1, an amount equal to the sum of (i) 75% of the Estimated Majority NWC Amount, and (ii) $5,100,000 (collectively, the “Majority Closing Consideration”). The parties agree that of such Majority Closing Consideration, $100,000 shall be allocated to each Majority Member in exchange for their respective Noncompetition Agreements.
