Examples of Closing Date Payment in a sentence
The Purchaser is paying the Closing Date Payment for the consummation of the Acquisition and the other transactions contemplated hereby, and has not thereby paid more than reasonably equivalent value or fair consideration in exchange of the Purchased Shares subject to the adjustment and indemnification rights hereunder (including with respect to diminution of value).
Such Seller is receiving such Seller’s Relevant Portion of the Closing Date Payment Amount for the consummation of the Acquisition and the other transactions contemplated hereby, and has not thereby received less than reasonably equivalent value or fair consideration in exchange therefor.
Upon delivery to the Purchaser at the Closing of certificates representing such Seller’s Relevant Purchased Shares, together with related share transfer deeds and other necessary instruments of transfer fully executed by such Seller for transfer to the Purchaser, and upon such Seller’s receipt of such Seller’s Relevant Portion of the Closing Date Payment Amount good and valid title to such Seller’s Relevant Purchased Shares will pass to the Purchaser, free and clear of any Liens.