Closing Date Amount definition

Closing Date Amount has the meaning set forth in Section 2.2(d) hereof.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Closing Date Amount is defined in Section 3.2(b).

Closing Date Amount has the meaning specified in Clause 4.1.1.

Examples of Closing Date Amount in a sentence

• The Gross Purchase Price less the Gross Stock Value is herein referred to as the "Closing Date Amount".

• Subject to the Company's right to elect to require a public sale in accordance with Section 3, the Closing Date Amount shall be delivered to the ▇▇▇▇▇▇▇ Group Representative, on behalf of all Members and Permitted Transferees who held any of the Subject Shares purchased in cash on the Closing Date.

• The Closing Date Amount shall be paid by delivery on the Closing Date of immediately available funds in U.S. dollars by wire transfer to an account that Seller shall designate to Buyer at least two (2) business days prior to the Closing Date.

• At least five (5) Business Days prior to the Closing Date, the Company shall notify (the "Public Sale Notice") the ▇▇▇▇▇▇▇ Group Representative, on behalf of the Holder or each Transferor, as the case may be, as to the portion of the Closing Date Amount or Company Price, as applicable, to be paid in shares of Low Vote Stock (the "Public Sale Dollar Amount").

• If the Purchase Price as finally determined above is greater than the Closing Date Amount, Buyer shall promptly, but no later than three (3) business days after such acceptance, pay to Seller the amount of such difference.

More Definitions of Closing Date Amount

Closing Date Amount means the Purchase Price plus or minus the estimated adjustment being made pursuant to Section 4.4.

Closing Date Amount means an amount equal to (a) the Closing Consideration minus (b) the Indemnity Escrow Deposit minus (c) the Retention Bonus Amount minus (d) the Estimated Deferred Compensation Liability minus (e) the Deferred Compensation Employer Payroll Taxes minus (f) Closing Bonus Payments.

Closing Date Amount shall have the meaning given to such term in Section 3.02.

Closing Date Amount shall have the meaning set forth in Section 1.06(b).

Closing Date Amount has the meaning set out in subsection 3.1(b)(i);

Closing Date Amount means, and is equal to, the sum of the following: (i) the Membership Interest Base Purchase Price plus (ii) the Estimated Company Inventory Value plus (iii) the Estimated Included Seller Inventory Value plus (iv) the purchase price for the Transloader Patent License specified in Section 3.1(c) plus (v) the payment described in Section 3.1(d).

Closing Date Amount means (i) $36 million plus (ii) the amount by which Estimated NWC exceeds Target NWC, if any, less (iii) the amount by which Estimated NWC is less than Target NWC, if any, plus the (iv) Aggregate Exercise Amount, less (v) the Indemnity Escrow Amount, less (vi) the NWC Holdback Amount, less (vii) the Securityholder Expense Escrow Amount.