Closing Amount definition

Closing Amount has the meaning set forth in Section 2.2.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Closing Amount means the Preliminary Purchase Price adjusted as provided in Section 2.02, using for such adjustments the best information then available and after deduction of the Deposit.

Closing Amount shall have the meaning set forth in Section 3.5(c)(iii).

Examples of Closing Amount in a sentence

Promptly after (and in any event no later than the first business day after) the Offer Acceptance Time, Parent shall deposit, or shall cause to be deposited, with the Depository Agent cash sufficient to make the payment of the aggregate Closing Amount (payable in respect of the Merger Consideration) payable pursuant to Section 1.01(h).
On or prior to the Closing Date, Parent shall deposit, or shall cause to be deposited, with the Paying Agent cash sufficient to pay the aggregate Closing Amount (payable in respect of the Merger Consideration) payable pursuant to Section 2.05 (together with the amount deposited pursuant to the immediately preceding sentence, the “Payment Fund”).
For the avoidance of doubt, at the Effective Time, each Company Option that is then outstanding and unexercised, whether or not vested and which has a per Share exercise price that is equal to or greater than the Closing Amount, shall be cancelled with no consideration payable therefor.
As of the Offer Acceptance Time, Parent will have available funds in an amount sufficient to consummate the Transactions by payment in cash of the aggregate Closing Amount due at the Offer Acceptance Time, the portion of the aggregate Merger Consideration payable in cash due at the Effective Time and the aggregate amounts payable in cash to holders of Company Options and Company RSUs following the Effective Time pursuant to Section 2.08(c).
If your employment is terminated by the Company for Cause or you terminate your employment [without Good Reason] after the Closing Amount is paid and prior to the Anniversary Date, you will be required to promptly repay the Closing Amount to the Company.

More Definitions of Closing Amount

Closing Amount means the Purchase Price, adjusted as provided in this Section using reasonable estimates as agreed to by the Parties if actual numbers are not available. After Closing, the Purchase Price shall be adjusted pursuant to the Settlement Statement delivered pursuant to Section 13.1.

Closing Amount shall have the meaning set forth in Section 1.5(b)(ii).

Closing Amount has the meaning provided such term in Section 2.2(a).

Closing Amount has the meaning set forth in Section 2.2(b)(i).

Closing Amount has the meaning given in Clause 6.3;

Closing Amount means the Preliminary Purchase Price less the Deposit.

Closing Amount is defined in Recital A to the Agreement.