Examples of Initial Stock Consideration in a sentence
Consistent with the Seller Plan of Liquidation, as promptly as reasonably practicable after the Closing, Seller will distribute all of its assets (including the shares of Buyer Common Stock constituting the Initial Stock Consideration, other than money or other property in a reasonable amount to pay outstanding debts of Seller, to Seller’s shareholders in pursuance of the liquidation of Seller (the “ Seller Liquidation”).
Buyer shall deliver the Initial Stock Consideration issued in book entry form to Seller.
Participation of a strategic shareholderShareholder.؛يجيترا تسا كيرش لوخد .910.
The aggregate purchase price for the Company Membership Units shall be up to $32,500,000, subject to adjustment pursuant to Section 3.2(a) and Section 3.3, comprised of Initial Cash Consideration, Initial Stock Consideration, and Earnout Consideration as set forth in this Section 3.2 (“Purchase Price”).
Upon delivery to Buyer at the Closing of stock powers in proper form for transfer of the Shares to Buyer, and upon Seller’s receipt of the Initial Cash Payment and the Initial Stock Consideration, good and valid title to the Shares will pass to Buyer, free and clear of any Encumbrances (other than those arising out of acts of Buyer or its Affiliates).