Interim Investment Amount definition
Interim Investment Amount means fifty percent (50%) of the INVESTMENT AMOUNT with respect to each Put Notice.
Interim Investment Amount means an amount equal to the sum of (i) Preferred Equity Investment Gross Cash Proceeds, plus (ii) the cash gross proceeds from any Additional Financing Transactions, in each case, such amounts as actually received by the Target Companies after the date of this Agreement prior to the Closing Date.
Interim Investment Amount means the Initial Investment Amount, less (i) proceeds to the Investor from any sales of any of the Total Shares prior to the Six Month Anniversary Date and (ii) the proceeds that would have been payable to the Investor pursuant to any Rejected Offer received by Investor prior to the Six Month Anniversary Date, had such Rejected Offer been accepted.
Examples of Interim Investment Amount in a sentence
At least five (5) Business Days prior to the Closing Date, the Company shall deliver to SPAC a statement certified by the Company’s chief executive officer (the “Closing Statement”) setting forth a good faith calculation of the Interim Investment Amount, the Per Share Price and the Share Consideration Per Share, each in reasonable detail.
The aggregate consideration to be paid to Company Security Holders pursuant to the Company Merger (the “Merger Consideration”) shall be an amount equal to (i) Eight Hundred Million U.S. Dollars ($800,000,000), plus (ii) the Interim Investment Amount (if any).
More Definitions of Interim Investment Amount
Interim Investment Amount means the Initial Investment Amount, LESS (i) proceeds to the Investor from any sales of any of the Total Shares prior to the Six Month Anniversary Date and (ii) the proceeds that would have been payable to the Investor pursuant to any Rejected Offer received by Investor prior to the Six Month Anniversary Date, had such Rejected Offer been accepted.
Interim Investment Amount means the aggregate amount, without duplication, of: