Closing Payment Amount definition

Closing Payment Amount has the meaning set forth in Section 3.02(b).

Closing Payment Amount will have the meaning set forth in Section 1.3(a).

Closing Payment Amount has the meaning specified in the Merger Agreement.

Examples of Closing Payment Amount in a sentence

• The Purchaser and the Seller acknowledge and agree that the Payment Amounts (other than such Seller’s Closing Payment Amount) are intended to be eligible for installment sale treatment under section 453 of the Code and any corresponding provision of state or local law, and that interest shall be imputed as required by sections 483 or 1274 of the Code, computed by applying a 6% annual yield compounded daily.

• The Purchaser and each Seller acknowledge and agree that such Seller’s Payment Amounts (other than such Seller’s Closing Payment Amount) are intended to be eligible for installment sale treatment under section 453 of the Code and any corresponding provision of state or local law, and that interest shall be imputed as required by sections 483 or 1274 of the Code, computed by applying a 6% annual yield compounded daily.

More Definitions of Closing Payment Amount

Closing Payment Amount has the meaning specified in Section 1.5.

Closing Payment Amount means (a) the Closing Merger Consideration, plus, (b) the Preferred Stock Liquidation Preference, minus (c) the aggregate amount of Closing Option Consideration, minus (d) any Merger Consideration that would be due to a Dissenting Stockholder, and minus (e) any Merger Consideration that would be due in respect of any Excluded Shares held by the Parent or the Merger Sub.

Closing Payment Amount means (i) the Closing Consideration, less (ii) the aggregate amount of the Closing Option Consideration, less (iii) the Escrow Amount, less (iv) an amount equal to the Reorganization Tax Liability, less (v) the Expense Fund.

Closing Payment Amount is defined in Section 3.2 of this Agreement.

Closing Payment Amount means $36,007,367

Closing Payment Amount means (i) the Company Equity Consideration plus (ii) the product of (x) the Total Per Share Amalgamation Consideration multiplied by (y) the number of Company Class B Shares issued and outstanding (but not including any Company Class B Shares held in treasury) as of immediately prior to the Effective Time less (ii) the Escrow Amount.

Closing Payment Amount means an amount equal to (a) the Base Purchase Price, plus (b) the Prepayment Premium, minus (c) the Redemption and Discharge Amount, minus (d) either (1) the Property Cash Price, if there is a Property Transfer, or (2) the Property Transfer Adjustment Amount, if there is not a Property Transfer, minus (e) the Closing Funded Indebtedness, if any, minus (f) the Estimated Property Adjustment Amount, if any, minus (g) the Estimated Closing Date Credit Amount, and then either (h) (1) plus the Estimated Closing Date Working Capital if it is a positive amount or (2) minus the Estimated Closing Date Working Capital if it is a negative amount.