Cash Holdback Amount definition

Cash Holdback Amount means (i) the Non-Qualified Shareholder Percentage multiplied by (ii) Nine Million Dollars ($9,000,000).

Cash Holdback Amount means an amount equal to (i) the Holdback Amount, multiplied by (ii) the Cash Percentage.

Cash Holdback Amount means the sum of the Working Capital Holdback Amount and the Cash Indemnification Holdback Amount, which shall be deposited into an escrow account (the "ESCROW ACCOUNT") to be established by Buyer and the Seller's Representative with SunTrust Bank,

Examples of Cash Holdback Amount in a sentence

• Parent shall have paid each Shareholder such Shareholder’s pro rata portion of the Merger Consideration, less the Cash Holdback Amount and the Escrow Shares.

• The Cash Holdback Amount (as defined below) shall be retained by Buyer to secure the adjustments to the Consideration pursuant to Section 2.4 and the indemnification obligations in Article X.

• At the Effective Time, (i) each Shareholder will be deemed to have received and deposited with Parent each Shareholder’s pro rata interest in the Cash Holdback Amount, subject to the conditions contained in Section 1.06(a), and (ii) each Shareholder shall also be deemed to havereceived such Shareholder’s proportionate share of the Escrowed Shares, which shall be deposited in escrow in accordance and subject to the conditions contained in Section 1.06(b) and ARTICLE IX hereof and the Escrow Agreement.

• Historically, many networks were composed of huge energy suppliers like coal fired power plants and nuclear power plants which excessive production capability in order to secure that peek energy demands could be fulfilled.

• If your response to B(1) is no, please proceed to Section 5, Signature.

• Option Payments to the Principals, less the Escrow Holdback Amount and the Gross Cash Holdback Amount (each defined below), shall likewise be paid by the Company immediately prior to Closing.

• The "Gross Cash Holdback Amount" shall be equal to the product of the following (i) $1,000,000 divided by the Aggregate Merger Consideration multiplied by (ii) the Option Cancellation Payments otherwise payable to such Principal.

• The Buyer Affiliates may elect to set off against and recoup from any Seller Party, the Holdback Amount (whether from the Cash Holdback Amount or the Stock Holdback Amount) the Indemnifiable Damages, and any such Xxxxxxx Securities so set-off against will immediately be deemed to be canceled.

• At the Closing, the Company shall deposit: (i) the Escrow Holdback Amount into the Escrow and; (ii) the Gross Cash Holdback Amount into the Gross Cash Escrow.

More Definitions of Cash Holdback Amount

Cash Holdback Amount has the meaning set forth in Section 3.1.

Cash Holdback Amount means (a) as of the Equity Release Date, the Cash Proceeds and (b) as of the applicable date of determination after the Equity Release Date, the amount described in subpart (a) of this definition, minus any and all disbursements and distributions of such Cash Holdback Amount made after the Equity Release Date pursuant to Section 10.4.”

Cash Holdback Amount means $5,000,000.

Cash Holdback Amount means Nine Hundred Thirty-Three Thousand Three Hundred Thirty-Four Dollars ($933,334.00).

Cash Holdback Amount means an amount equal to $750,000.

Cash Holdback Amount means the (i) Indemnity Holdback Amount and (ii) Purchase Price Holdback Amount. “CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. ss. 9601, etseq.