Indemnity Holdback Shares definition

Indemnity Holdback Shares means the number of shares of Parent Stock determined by dividing (x) twenty percent (20%) of the Indemnity Holdback Amount by (y) the Closing VWAP.
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Indemnity Holdback Shares means the shares of Parent Common Stock set forth on Schedule A and deposited with the Escrow Agent pursuant to Section 3.
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Indemnity Holdback Shares has the meaning set out in Section 2.03(2)(a) .
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Examples of Indemnity Holdback Shares in a sentence

  • Thereafter, any remaining Indemnity Escrow Holdback Amount retained by the Escrow Agent and any remaining Indemnity Holdback Shares that continue to be subject to the Indemnity Holdback Restriction with respect to the Unresolved Claims (if any), shall be released by the Escrow Agent or from the Indemnity Holdback Restriction, as applicable, upon resolution of such Unresolved Claims.

  • Any Indemnity Holdback Shares remaining in the escrow account at such time shall be distributed in accordance with Section 3 of this Agreement and the Written Direction; provided, however, that any earnings thereon shall be distributed in accordance with Section 13(b) of this Agreement.

  • At the Closing, BCC shall deliver to the Stockholders the certificates representing the Merger Consideration, less the Indemnity Holdback Shares and less the Earnout Holdback Shares.

  • Any liability resulting from the foregoing guarantee shall be limited to the Indemnity Holdback Shares.

  • Buyer or Parent shall cause the record ownership of the released Indemnity Holdback Shares to be in the name of the Seller or in the names and percentage allocations of such other Persons as Seller may request via written notice to Buyer and Parent on a date that is no less than five (5) Business Days prior to the Holdback Release Date, all of whom shall be members of the Seller.


More Definitions of Indemnity Holdback Shares

Indemnity Holdback Shares shall have the meaning ascribed to it in Section 2.9.1.
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Indemnity Holdback Shares is defined in Section 10.10(a).
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Indemnity Holdback Shares means 5,129 ANC Shares.
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Indemnity Holdback Shares means a number of shares of Parent Common Stock equal to the quotient obtained by dividing $2,750,000 by the Reference Price
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Indemnity Holdback Shares means that portion of the number of GREC LLC Common Shares issued to Group LLC at Closing pursuant to this Agreement representing $21,463,444, and to be held by Group LLC until at least the expiration of the Survival Period.
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Indemnity Holdback Shares means the shares of Parent Common Stock set forth onSchedule A and deposited with the Escrow Agent pursuant to Section 3.
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Indemnity Holdback Shares shall have the meaning assigned to it in SECTION 2.6.
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