Escrow Percentage definition

Escrow Percentage means 15%.

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Escrow Percentage means the quotient obtained by dividing (i) the Target Escrow Cash, by (ii) the difference of (A) the Aggregate Stockholder Payments less (B) the Option Proceeds.

Escrow Percentage means fifty percent (50%).

Examples of Escrow Percentage in a sentence

Subject to the provisions of Article VIII and in accordance with the terms of the Escrow Agreement, Purchaser shall cause the Agent to deliver, within seven (7) days following the Indemnification Expiration Date, to each Seller such Seller’s Escrow Percentage of the amount then remaining in the Total Escrow Consideration without interest.
The Holder Representative shall have the right, but not the obligation, exercisable in its sole discretion, to distribute to the Pre-Closing Holders at any time such Pre-Closing Holder’s Escrow Percentage of the Holder Representative Expenses Amount.
During the time that the Escrowed Shares are held by the Escrow Agent, the Holders shall be entitled to exercise all rights, and be entitled to all benefits, of a stockholder of Parent, on a pro rata basis in accordance with their respective Escrow Percentage Interests, including, without limitation, all rights to vote on matters submitted to the holders of the Parent Common Stock.
The Stockholders' Representatives shall have full power and authority to act on behalf of the holders of the Escrow Percentage Interests with respect to all matters relating to the Escrowed Shares and the Escrow Agreement.
By the execution of this Escrow Agreement, each of the Holders agrees to be bound by the indemnification provisions set forth in Article X of the Merger Agreement and confirms that the issuance of the Escrow Percentage of the Cambridge Merger Shares pursuant to the Merger Agreement is subject to this Escrow Agreement.

More Definitions of Escrow Percentage

Escrow Percentage means the quotient obtained by dividing (A) the Escrow Cash by (B) the sum of Total Merger Consideration and the Aggregate Exercise Price.

Escrow Percentage means, with respect to each Closing Consideration Recipient, the percentage set forth opposite the name of such Closing Consideration Recipient under the heading “Escrow Percentage” on the Closing Consideration Schedule, which percentages shall equal 100%.

Escrow Percentage means to seventy-five percent (75%).

Escrow Percentage means the quotient obtained by dividing (i) the Escrow Amount by (ii) the Total Converting Holders Consideration.

Escrow Percentage means the applicable percentage set forth in the Closing Spreadsheet.

Escrow Percentage of each Escrow Participating Holder means a fraction, expressed as a percentage, (x) the numerator of which is the sum of the shares of Company Common Stock, Company Options, Company SARs and Company RSUs held by such Escrow Participating Holder immediately prior to the Effective Time, and (y) the denominator of which is the Aggregate Fully-Diluted Company Common Shares minus the Dissenting Shares.

Escrow Percentage means, with respect to any Holder, a ratio (expressed as a percentage) equal to the number of Common Shares held by such Holder immediately prior to the Effective Time, divided by the aggregate number of Common Shares held by all Holders immediately prior to the Effective Time.