Examples of Holdback Merger Consideration in a sentence
No interest shall be paid or shall accrue upon any Closing Date Merger Consideration, Indemnity Holdback Merger Consideration or Performance Holdback Merger Consideration.
US Warburg hereby agrees that, to the extent that Holdback Merger Consideration becomes payable from time to time by the Borrower pursuant to the terms of the Side Letter, then US Warburg shall immediately make (or cause other investors in the Parent to immediately make) a Mandatory Investment.
The other two species, Typhlodromus phialatus Athias-Henriot, and Paraseiulus talbii Athias-Henriot, belonged to subfamily Typhlodrominae.
The release of amounts from the Holdback Merger Consideration shall be the Parent Indemnitee’s sole recourse for all Damages, subject to the limitations set forth in this Article 5 and the provisions of Article 6.
In the event Acquirer becomes aware of a third-party claim which Acquirer believes may result in a demand against the Holdback Merger Consideration or Special Holdback Amount, as applicable, Acquirer shall notify the Stockholder Representative of such claim.
In the event that the Stockholder Representative has consented to any such settlement, the Stockholder Representative shall have no power or authority to object under this Article 7 to the amount of any claim by Acquirer against the Holdback Merger Consideration or Special Holdback Amount, as applicable, for indemnity with respect to such settlement.
After exhaustion of the Specified Holdback Amount, Losses arising from or directly or indirectly related to any indemnification claim made pursuant to Section 7.4, the Holdback Merger Consideration shall be the exclusive means for Indemnified Persons to recover such Losses, until such time as the Holdback Merger Consideration is exhausted.
Notwithstanding any other provision of this Agreement to the contrary, the obligations of the Company and the Shareholders pursuant to this Article VIII may be set-off against the Holdback Merger Consideration in Parent’s sole discretion; provided, however, that the Company and the Shareholders shall remain be jointly and severally liable (to the extent provided in this Article VIII) to pay to Parent Indemnitees the amount of any obligations of the Company and the Shareholders under this Article VIII.
Until so surrendered, each outstanding Certificate that prior to the Effective Time represented shares of Company Common Stock will be deemed from and after the Effective Time, for all corporate purposes other than the payment of dividends, to evidence the right to receive the portion of the Closing Merger Consideration, Holdback Merger Consideration, Special Holdback Amount and Expense Fund Amount which shall be issued for such Company Common Stock.
This political stability often seems to be more recognized that the country’s sometimes dubious commitment to the human rights and the standards of good governance33.