Examples of Closing Per Share Consideration in a sentence
At and after the Effective Time, upon surrender of a Certificate for cancellation to the Paying Agent and delivery of a duly executed Letter of Transmittal, Buyer shall use commercially reasonable efforts to cause the Paying Agent to pay promptly (and in any event within three (3) Business Days) to the holder of such Certificate inexchange therefor cash in an amount equal to (i) the Closing Per Share Consideration multiplied by (ii) the number of shares of Company Stock represented by such Certificate.
The Buyer shall use commercially reasonable efforts to cooperate with the Company in developing arrangements to facilitate the payment of the Closing Per Share Consideration to significant stockholders of the Company immediately following the Effective Time.
To the extent that the Company takes action, and/or a holder of an Option delivers an option cancellation agreement (including any Option Cancellation Agreement), providing for the cancellation of an Option as of the Closing in exchange for the Closing Per Share Consideration and the Additional Per Share Consideration to be paid in accordance with this Agreement, such Option so cancelled shall be deemed issued and outstanding as of immediately prior to the Closing for all purposes of this Agreement.
Buyer shall pay to each Seller who is not a Retained Stockholder an amount equal to the Closing Per Share Consideration multiplied by the number of Shares held by such Seller by wire transfer of immediately available funds to the account designated in writing by such Seller to Buyer no later than two (2) Business Days prior to the Closing Date.