Common use of Share of Grossed Up Closing Payment Clause in Contracts

Share of Grossed Up Closing Payment. An amount in cash equal to: (1) the Series C Preference Per Share Amount; plus (2) the product of (x) the Residual Per FD Share Amount, multiplied by (y) the Series C Conversion Ratio; minus (3) the product of (x) Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C Conversion Ratio; minus (4) the product of (x) Stockholders Expense Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C Conversion Ratio.

Share of Grossed Up Closing Payment. An amount in cash equal to: (1) the Series C B Preference Per Share Amount; plus (2) the product of (x) the Residual Per FD Share Amount, multiplied by (y) the Series C B Conversion Ratio; minus (3) the product of (x) Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C B Conversion Ratio; minus (4) the product of (x) Stockholders Expense Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C B Conversion Ratio.

Share of Grossed Up Closing Payment. An amount in cash equal to: (1) the Series C A Preference Per Share Amount; plus (2) the product of (x) the Residual Per FD Share Amount, multiplied by (y) the Series C A Conversion Ratio; minus (3) the product of (x) Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C A Conversion Ratio; minus (4) the product of (x) Stockholders Expense Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C A Conversion Ratio.

Share of Grossed Up Closing Payment. An amount in cash equal to: (1) the Series C D Preference Per Share Amount; plus (2) the product of (x) the Residual Per FD Share Amount, multiplied by (y) the Series C D Conversion Ratio; minus (3) the product of (x) Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C D Conversion Ratio; minus (4) the product of (x) Stockholders Expense Escrow Contribution Amount Per FD Non-Dissenting Share, multiplied by (y) the Series C D Conversion Ratio.