Adjusted Consideration definition
Examples of Adjusted Consideration in a sentence
Such Adjusted Consideration reflects the salary as if the Consultant was an employee without the additional Company's cost that was taken into account in order to calculate the Monthly Fees (i.e. without the equivalent payment to vacation leave, sick leave, travel expenses, pension arrangement as employee including contributions to severance pay and payment of national insurance that have been paid by the Company to the Consultant through the Monthly Fees during the consulting period).
Until properly surrendered, each outstanding Company Certificate will be deemed from and after the Effective Time, for all corporate purposes, to evidence the right to receive a portion of the Adjusted Consideration in accordance with, subject to the other terms and conditions of, this Article II.
All costs and expenses incurred in connection with this Agreement and the Transactions (including Transaction Expenses) shall be paid by the party incurring such expense; provided that (i) at the Closing, Acquirer shall pay or cause to be paid all Unpaid Transaction Expenses included in the calculation of the Adjusted Consideration and (ii) the fees and expenses of the Reviewing Accountant, if any, shall be allocated as provided in Section 1.2(g).
Notwithstanding anything to the contrary in the other provisions of this Article I, Subco (or Acquirer on behalf of Subco) shall, in the case of each Indemnifying Holder, withhold such Indemnifying Holder’s Pro Rata Share of the Escrow Amount from the portion of the Adjusted Consideration otherwise payable to such Indemnifying Holder pursuant to Section 1.1(d)(i), Section 1.1(d)(ii) and Section 1.1(d)(iii).
The “Post-Closing Adjustment” shall be equal to (a) (i) the Final Working Capital Adjustment Amount minus (ii) the Estimated Working Capital Adjustment Amount minus (b) (i) the amount of Indebtedness of the Companies set forth in the Final Closing Statement minus (ii) the amount of Indebtedness of the Companies set forth in the Estimated Closing Statement minus (c) the Final Purchaser Adjusted Consideration Amount plus (d) the Final Seller Adjusted Consideration Amount.