Examples of Closing Date Stock Payment in a sentence
The Borrower will use the proceeds of the Advances (a) for the Closing Date Stock Payment, (b) to refinance certain existing Indebtedness of the Borrower and its Subsidiaries and (c) for general corporate purposes (including acquisition financing and payment of fees and expenses in connection with the Merger).
NeuStar reserves the right to cancel and/or temporarily suspend the delivery of Service if Participant engages in activities which cause disruption or damage to NeuStar’s network or which NeuStar reasonably believes may cause disruption or damage to NeuStar’s network.
At Closing, the Stock Purchaser shall pay to Sellers the Closing Date Stock Payment subject to and less the Escrow, by means of Stock Purchaser's bank wire transfer.
Each Seller hereby acknowledges and agrees that the Purchaser shall not be liable to any Seller to the extent that a Seller is entitled (pursuant to the Creatas Operating Agreement or by Contract or otherwise) to a percentage of the Closing Date Cash Payment or the Closing Date Stock Payment in excess of such Seller’s Percentage Interest (as such amount may be reduced, in the case of MCG, by the MCG IH Escrow Amount).
Not less than five (5) Business Days prior to the Closing Date, the Sellers shall prepare a statement (the “Preliminary Closing Statement”) setting forth (i) the Closing Date Cash Payment, the Closing Date Stock Payment, the Stoneybrook Equity Tail Amount and each of the other amounts to be paid by the Purchaser pursuant to Section 2.3(c) and (ii) the Percentage Interest of each of the Sellers and the Deemed Pro Rata Share of each of the Seller Parties.
The Purchaser shall use commercially reasonable efforts to cause Parent’s transfer agent to issue stock certificates representing the Closing Date Stock Payment on the Closing Date.
Except pursuant to the terms and condition set forth in Sections 6.4 and Section 6.5, no Selling Shareholder shall Transfer any shares of Buyer Common Stock constituting the Closing Date Stock Payment (the “Restricted Shares”) during the period commencing on the Closing Date and ending, with respect to the number of shares designated below, on the various dates (each a “Lock-Up Expiration Date”) set forth in Section 6.5 below (the “Restricted Period”).