Examples of Closing Cash Payments in a sentence
For the avoidance of doubt, the Final Purchase Price shall be equal to the aggregate of the Closing Cash Payments made at each Closing.
Noble shall pay to CONSOL the Post Closing Cash Payments as and when required under the Acquisition Agreement.
Promptly following the Closing, Sellers shall, from the proceeds of the Closing Cash Payments and all other available cash and cash equivalents of Sellers, satisfy and discharge the following liabilities and obligations: all accounts payable and liabilities of Sellers accrued or accruing as of the Closing Date other than Assumed Liabilities and (other than liabilities to any Affiliate of Sellers or to Xxxxxx X.
If a Seller's name appears on Exhibit 1 more than once, then such Seller shall receive (i) the sum total of the Closing Cash Payments set forth beside his name and (ii) the sum total of the Final No. of Buyer Shares set forth beside his name.
Wherefore, in consideration of the foregoing and mutual promises hereinafter set forth, and in lieu of additional formal hearings, Xxxxx X.
The "Initial Payment Fund" means an amount equal to (i) the Aggregate Consideration, less (ii) the Total Closing Cash Payments, less (iii) the Escrow, less (iv) the product of the Per Share Series D Cash Amount times the number of shares of Series D Stock that constitute Dissenting Stock.
On the Closing Date, Buyer shall pay to CTI the sum of $4.6 million and to Biotech the sum of $1 million (collectively, the "Closing Cash Payments") by wire transfer of immediately available funds to such accounts as may be designated by the respective Sellers prior to the Closing.
The aggregate merger consideration to be paid or issued hereunder shall be an amount equal to the Parent Consideration Shares, the Parent Closing Cash Payments and any Closing Assumed Liabilities in excess of the Parent Closing Cash Payments (but up to the Target Assumed Liabilities) (the “Purchase Price”).
If the Purchase Price as finally determined is less than the Closing Cash Payments at the Closing, then the Sellers shall pay to Buyer an amount equal to such difference within five days after the date on which the Working Capital Adjustment and the Capital Expenditure Adjustment, as of the Closing Date, are finally determined in accordance with Section 2.3(e) or Section 2.3(f).
For the avoidance of doubt, payment by Buyers in the Estimated Closing Cash Payments of any amount set forth in the Estimated Closing Statement shall not be deemed to be an acceptance by Buyers of Sellers’ application of the Audit Methods, the Agreed Accounting Principles or the Tax Gross-Up Principles in the Estimated Closing Statement or of Sellers’ calculations therein or waiver of any of Buyers’ rights under this Agreement.