Holdback Termination Date definition

Holdback Termination Date means the first business day following six months after the Closing Date.

Holdback Termination Date has the meaning set forth in ‎Section 2.3.

Holdback Termination Date. The date six months following the Closing Date or such shorter period as may be required to ensure that the Merger may be accounted for as a "pooling of interests."

Examples of Holdback Termination Date in a sentence

• Subject to the conditions and limitations set forth in this Article 9, Buyer shall also be entitled to set off against the Retention Holdback Remainder available as of the Retention Holdback Termination Date the amount of any Indemnified Losses in excess of the Holdback Cash Consideration for which an Indemnified Party is entitled to indemnification pursuant to this Article 9.

• Subject to the conditions and limitations set forth in Article 9, the Buyer shall be entitled to set off against the Retention Holdback Remainder which remains available as of the Retention Holdback Termination Date the amount of any Indemnified Losses in excess of the Holdback Cash Consideration for which an Indemnified Party is entitled to indemnification pursuant to Article 9.

• The balance of the Holdback Funds, if any, less the aggregate amount of unresolved claims for indemnification properly noticed pursuant to Section 9.1 by Buyer on or prior to the Holdback Termination Date, shall be paid to Shareholder by wire or check, at Shareholder’s election, on the Holdback Termination Date.

• When no Pending Claims remain following the Holdback Termination Date, Buyer will distribute the remaining Holdback Shares following resolution of the Pending Claims existing on the Holdback Termination Date to Seller.

• Within five Business Days of the final adjudication or resolution of an outstanding claim properly noticed pursuant to Section 9.1 by Buyer on or prior to the Holdback Termination Date, Buyer shall disburse to Shareholder the balance, if any, of the Holdback Funds reserved for such claim.

More Definitions of Holdback Termination Date

Holdback Termination Date. The date one year following the Closing Date.

Holdback Termination Date means the date which is fifteen (15) months after the Closing Date, except to the extent necessary to indemnify against Open Claims (as hereinafter defined) as contemplated by Section 7.3.2, for which the "Holdback Termination Date" shall mean the date on which all such matters are finally determined and disposed of.

Holdback Termination Date has the meaning set forth in ss.2(d) below.

Holdback Termination Date means the date one year after the date of execution of this Agreement.

Holdback Termination Date means the date eighteen (18) months from the Closing Date.

Holdback Termination Date has the meaning set forth in Section 2.5(a) of this Agreement.

Holdback Termination Date. Section 2.1.2.1 “Indemnified Person” Section 8.2