First Closing Amount definition

First Closing Amount has the meaning set forth in Clause 5.1.1.
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First Closing Amount has the meaning set forth in the Recitals.
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First Closing Amount means such amount that is the product of (i) the Purchase Price and (ii) that number of Common Shares purchased at the First Closing.
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Examples of First Closing Amount in a sentence

  • On First Closing, UCWeb SG and Alipay SG shall pay the First Closing Amount in cash in the respective proportions as set forth against each of their names in Table I above to SAC Finance.

  • First Closing Amount The consideration for the purchase of the Relevant Shares under the Share Purchase Agreement (the “First Closing Amount”) shall be an amount equal to the sum of US$6,020,000, which shall be satisfied by UCWeb SG and Alipay SG in cash in the respective proportions as set forth against each of their names in Table I above upon the date of the First Closing.

  • If the Final First Closing Purchase Price as finally determined under this Section 14.1 is more than the First Closing Amount, then Purchaser shall pay to Seller, within five (5) Business Days after the Final Determination Date with respect to the Final First Closing Purchase Price, the amount of such difference by wire transfer of immediately available funds to an account or accounts designated by Seller.

  • The First Preliminary Settlement Statement shall set forth: (A) the First Closing Base Purchase Price; (B) reasonable estimates of the adjustments under Section 3.2(a); and (C) the resulting First Closing Amount and First Closing Payment.

  • Seller and Purchaser shall negotiate in good faith to agree upon such First Preliminary Settlement Statement; provided, however, if the Parties are unable to agree upon and approve such settlement statement prior to Closing, the settlement statement provided by Seller shall constitute the final First Preliminary Settlement Statement used to determine the final First Closing Amount and First Closing Payment.

  • If the Final First Closing Purchase Price as finally determined under this Section 14.1 is less than the First Closing Amount, then Seller shall pay to Purchaser, within five (5) Business Days after the Final Determination Date with respect to the Final First Closing Purchase Price, the amount of such difference by wire transfer of immediately available funds to an account or accounts designated by Purchaser.

  • If the First Closing occurs, an amount equal to (i) the Deposit minus (ii) the Second Closing Base Purchase Price (the “First Closing Deposit Amount”) shall be released from the Deposit Escrow Account and applied toward the First Closing Amount under Section 3.4(b)(i), and the remaining amount of the Deposit (equal to the Second Closing Base Purchase Price) shall remain in the Deposit Escrow Account until the Second Closing occurs or the Agreement is terminated.

  • Pursuant to the Company’s Convertible Debentures due 2010 (the “Debentures”), within fifteen (15) days following the First Closing Date the Company will apply proceeds from the First Closing Amount to, among other things, redeem for cash all outstanding Debentures at a redemption price equal to 100% of the principal amount thereof, plus any accrued and unpaid interest thereon up to and including the date upon which the Debentures are redeemed.

  • On the date (the "First Closing Date") the Company receives the First Closing Amount, the certificates evidencing the Shares shall be released to the Investors (the "First Closing").

  • If the First Closing occurs, the Deposit shall be released from the Deposit Escrow Account and applied toward the First Closing Amount under Section 3.4(b)(i).


More Definitions of First Closing Amount

First Closing Amount means such amount that is the product of (i) the Purchase Price and (ii) that number of Common Shares purchased at the First Closing. "Five Year Warrants" means, as to each Investor, a warrant to purchase Common Shares in the form attached hereto as Exhibit C.
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First Closing Amount has the meaning given in Section 3(a).
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First Closing Amount. At the First Closing:
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Related to First Closing Amount

  • Closing Amount has the meaning set forth in Section 2.3.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

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

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

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • First Closing has the meaning set forth in Section 2.1(a).

  • Final Closing means the last closing under the Private Placement;

  • Closing Date Cash has the meaning specified in Section 3.4(a).

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

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

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

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;

  • Earnout Amount has the meaning set forth in Section 2.5.1b).