Examples of Closing Transaction Consideration in a sentence
At the Closing, Subversive shall deliver to the Paying Agent (i) the aggregate Closing Transaction Consideration payable pursuant to Section 2.01(a) and Section 2.02(b)(i), as applicable, and (ii) an amount equal to the aggregate Closing Cash-Out Amount payable to the Xxxxxx Shareholders pursuant to Section 2.02(b)(ii) and the aggregate Xxxxxx Options Cash-Out Amount payable to holders of Xxxxxx Options pursuant to Section 2.02(d)(ii).
Any portion of the Closing Transaction Consideration or the Contingent Transaction Consideration, if any, to which the Xxxxxx Shareholders and the Employed Option Holders may become entitled shall become payable at the times and subject to the conditions specified herein.
Any portion of the Closing Transaction Consideration that remains unclaimed by the Xxxxxx Shareholders six months after the Effective Time shall be returned to Subversive, upon demand, and any such Xxxxxx Shareholders who has not exchanged Xxxxxx Share Certificates for such Xxxxxx Shareholder’s portion of the Closing Transaction Consideration in accordance with this Section 2.03 prior to that time shall thereafter look only to Subversive for payment of its portion of the Closing Transaction Consideration.
The Put Right Agreement and all other Existing Xxxxxx Agreements shall be deemed automatically cancelled, with no further action by any of the Parties, upon the issuance of the Closing Merger Consideration hereunder and the issuance of the Closing Transaction Consideration (as defined in the Xxxxxx Transaction Agreement) under the Xxxxxx Transaction Agreement and subject to the effectiveness of all Transaction Agreements without further condition.
For the avoidance of doubt, no such adjustment pursuant to this Section 6.9 shall increase the Closing Transaction Consideration, as adjusted in accordance with the terms thereof.