Examples of Aggregate Cash Proceeds in a sentence
The date of the Company’s receipt of the Aggregate Cash Proceeds shall be referred to as the “Closing Date”.
No Seller has any right to receive any dividends, distributions or other payments with respect to any capital stock or indebtedness of the Company or any Retained Subsidiary, whether as a result of the transactions contemplated hereby or otherwise, other than each Seller's respective right to receive such Seller's portion of the Aggregate Cash Proceeds and the Final Closing Adjustment, if any.
The Aggregate Cash Proceeds shall not be less than $50,000,000; provided that the aggregate amount of Target Group Company Transaction Expenses and Rigel Transaction Expenses to be paid in cash by Newco in connection with the Closing shall not be in excess of $17,000,000.
Mr. Xxxxxx hereby authorizes the Buyer to deduct the Xxxxxx Payable Amount from his Aggregate Cash Proceeds and pay such amount to the Company at Closing.
No Seller has any right to receive any dividends or distributions with respect to any capital stock or debt of the Company, whether as a result of the transactions contemplated hereby or otherwise, other than each Seller’s respective right to receive such Seller’s portion of the Aggregate Cash Proceeds.