Closing Date Stock Payment definition

Closing Date Stock Payment means certain one-time cash settlement payments on the Closing Date to the holders of the Restricted Stock Unit Awards in accordance with the terms of Section 3.3(a) of the Merger Agreement as in effect on the Closing Date.
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Closing Date Stock Payment has the meaning set forth in Section 2.03(a).
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Closing Date Stock Payment means the Stock Purchase Price, subject to and less the Escrow.
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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).

  • 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.

  • 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).

  • The Closing Date Cash Payment and the Closing Date Stock Payment shall be allocated among and be payable to the Sellers in accordance with their respective Percentage Interests.

  • 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”).

Related to Closing Date Stock Payment

  • Stock Payment means (a) a payment in the form of shares of Stock, or (b) an option or other right to purchase shares of Stock, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Closing Date Cash means Company Cash as of 11:59 P.M. on the date immediately prior to the Closing Date.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Deferred Consideration shall have the meaning ascribed to such term in Section 4(d).

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.