MCM Tax Amount definition
MCM Tax Amount means an amount determined by dividing (i) the product of (A) the difference between (x) $120,000,000 times the Exchange Rate on the Closing Date and (y) the MCM Basis, and (B) the Effective Tax Rate, by (ii) 1.00 minus the Effective Tax Rate.
Examples of MCM Tax Amount in a sentence
The purchase price for the Mega Cable Shares is an amount equal to the sum of (a) US$180,000,000 (One Hundred Eighty Million and 00/100 dollars US Cy.) plus (b) the Mega Cable Tax Amount (such amounts together shall constitute the “Mega Cable Purchase Price”) and the purchase price for the MCM Shares is an amount equal to the sum of (x) US$120,000,000 (One Hundred Twenty Million and 00/100 dollars US Cy.) plus (y) the MCM Tax Amount (such amounts together shall constitute the “MCM Purchase Price”).