Examples of Closing Date Price in a sentence
In lieu of delivery of Additional Units or Additional Cash to supplement the Purchase Price Units, Buyer shall have the alternate option to pay the entire value of the Purchase Price Units based on the Closing Date Price in cash (the “All Cash Payment”), provided that Buyer makes the All Cash Payment in full within ten (10) business days following an election by Seller to rescind as provided above.
Each Subservicing Agreement shall be upon such terms and conditions as are not inconsistent with this Agreement and as the Master Servicer and the Subservicer shall have agreed.
In lieu of the issuance of fractional shares of BUYER Common Stock, cash adjustments will be paid (without interest) to the Company Stockholders in respect of any fractional share of BUYER Common Stock that would otherwise be issuable to them and the amount of such cash adjustments will be determined by multiplying each relevant holder's fractional interest by the Closing Date Price Per Share (as defined in Section 17.1).
If the DDC Closing Date Price exceeds $25.00 per share of DDC common stock, the Exchange Ratio would remain the same.
The above conversion formula provides that should the DDC Closing Date Price be less than $25.00, additional cash consideration will be paid to the holders of the Exchanged Common Shares to maintain the total $16.00 per share value subject to a minimum value of $19.00 per share of DDC common stock.