Holdback Consideration definition

Holdback Consideration means that number of shares of Parent Common Stock equal to Three Hundred Fifty Thousand Dollars ($350,000.00) divided by the Per Share Price.

Holdback Consideration means $1,000,000.

Holdback Consideration means $4,500,000.

Examples of Holdback Consideration in a sentence

• After the two weeks of paid leave, employees will receive a benefit from their employers that will be no less than two-thirds of the employee’s usual pay.• Section 3103.

• The number of shares of Buyer Common Stock so reduced shall equal the quotient obtained by dividing (i) the amount of such Buyer Indemnified Losses (with respect to the Buyer Common Stock portion of the Holdback Consideration to be reduced) by (ii) the Issue Price as of the Closing Date, if such reduction is with respect to the 1st Anniversary Holdback Shares, or the Initial Release Date, if such reduction is with respect to the 2nd Anniversary Holdback Shares.

• Any amount of Holdback Consideration that is the subject of a dispute on a Holdback Release Date will continue to be Holdback Consideration and will not be released to BG3 until such dispute is finally resolved, as set forth in Section 7.1(c).

• All reasonable fees and expenses incurred by the Shareholder Representative in performing its duties under Article IX hereof or under the Escrow Agreement shall be borne severally and pro rata by the Holders from the Holdback Consideration.

• Immediately after the Effective Time, the Holdback Consideration will be deposited with the Exchange Agent, or another institution acceptable to the Stockholder Representative, in its reasonable discretion, to act as escrow agent (the “Escrow Agent”), which institution shall execute a joinder hereto or an escrow agreement containing provisions substantially similar to this Section 8.3, such deposit to constitute an escrow fund (the “Escrow Fund”) to be governed by the terms set forth herein.

More Definitions of Holdback Consideration

Holdback Consideration shall have the meaning set forth in Section 2.8.

Holdback Consideration has such meaning as set forth in Section 6.9(a).

Holdback Consideration means two million six hundred thousand dollars (US$2,600,000), which shall reduce the portion of the Purchase Price payable to BR Holdco for further distribution to the Filev Trust.

Holdback Consideration means the amount equal to (i) the Closing Purchase Price, as set forth in the Pre-Closing Statement, with any adjustments that are mutually determined by Purchaser and Seller pursuant to Section 2.2(a) multiplied by (ii) ten percent (10%).

Holdback Consideration means the cash amount equal to the sum of (i) $20,000,000 plus (ii) in the case of any discrepancies between Parent’s and the Company’s determinations of Estimated Working Capital or Estimated Debt, the Holdback Adjustment Amount.

Holdback Consideration has the meaning given to that term in the Holdback Agreements;

Holdback Consideration means an aggregate of 6,577,416 Consideration Shares issuable to Former Company Shareholders pursuant to the Arrangement forming part of the Consideration;