Closing Premium definition

Closing Premium means an amount equal to $35,500,000.
Sample 1Sample 2
Closing Premium means as that term is defined in Section 1 of the Purchase Agreement, which includes an amount of cash equal to $5,089,478 and 630,268 shares of Triumph Common Stock.
Sample 1
Closing Premium has the meaning specified in Section 3.1(b)(2).
Sample 1

Examples of Closing Premium in a sentence

  • The amount set forth on the Closing Premium Statement will be calculated in accordance with GAAP; provided, however, that the Closing Premium Statement will not be required to have any of the notes to the financial statements as required by GAAP.

  • The Allocation Statement will be revised to reflect any changes in the Direct Written Premiums shown on the Final Closing Premium Statement from the Direct Written Premiums shown on the Closing Premium Statement, whether or not such changes result in an adjustment to the Base Purchase Price.

  • If Purchaser so objects and the Parties do not resolve such objections on a mutually agreeable basis within 45 days after the delivery of the Closing Premium Statement, then the disagreement will be resolved as soon as practicable thereafter, but not later than 75 days after the delivery of the Closing Premium Statement, by one of the largest four national accounting firms, which accounting firm will be selected jointly by the Parties.

  • The “Final Purchase Price” shall be equal to (a) the Final Closing Net Funds Employed plus (b) the Closing Premium plus (c) the Final Foreign Cash Amount plus (d) the Final Prepaids Amount minus (e) the Estimated Total Post-Closing Bonus Payment.

  • Upon the Contract Issuance, Insurer will allocate the Closing Premium Amount into the insulated separate account dedicated to the Contract.

  • In the event of a POINT Access Event, the foregoing calculations of the Closing Final Premium will be deemed to refer to the Revised Preliminary Closing Premium, and in such event, if the difference between the Revised Preliminary Closing Premium calculated by the Independent Third Party differs by an amount equal to or less than [ *** ] from the Revised Preliminary Closing Premium calculated by the Insurer, the Revised Preliminary Closing Premium will be the amount so calculated by [ *** ].

  • For purposes of calculating the Preliminary Closing Premium, the Insurer shall, and the Insurer and the Company shall jointly direct the Independent Third Party to, use the data provided in accordance with Section 2.6(b) delivered on the immediately prior day.

  • Further south, around Port Lincoln, sea level averaged around 0.5 to 1 m higher during the mid-Holocene.

  • As soon as practicable, but not later than 30 days after the delivery of the Closing Premium Statement, Purchaser will inform Seller in writing of any objection to the Closing Premium Statement, which objection, if any, will set forth in reasonable detail Purchaser's objections and the basis for those objections (the "OBJECTION NOTICE").

  • Seller will give Purchaser and its Representatives reasonable access to Seller's facilities and the Books and Records so as to enable Purchaser to verify the amounts set forth on the Closing Premium Statement.


More Definitions of Closing Premium

Closing Premium shall have the meaning specified in Article IX.
Sample 1
Closing Premium shall have the meaning specified in Article X.
Sample 1

Related to Closing Premium

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Closing Payment has the meaning set forth in Section 2.2.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Buyer’s Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Single Premium means the Premium amount specified in the Schedule payable in Lump Sum at the inception of the Policy. No further Premiums are payable under this Policy.

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

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • Net earned premium means the premiums earned in this State

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Financing Costs Adjustment Date means each of the following days:

  • State premium tax liability means any liability

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Property tax increment means the amount obtained by:

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).