Per Share Holdback Amount definition

Per Share Holdback Amount means, with respect to an Asset Sale Transaction, the amount obtained by dividing (i) the Holdback Amount with respect to such Asset Sale Transaction by (ii) the total number of shares of Series A Preferred Stock outstanding as of the record date fixed in connection with the applicable Net Proceeds Dividend.

Per Share Holdback Amount means the quotient of (A) $20,000,000 divided by (B) the Total Company Share Number.

Per Share Holdback Amount means the Holdback Fund divided by the Outstanding Company Shares.

Examples of Per Share Holdback Amount in a sentence

• Further, the Company will be entitled to deduct and hold back, or cause to be deducted or held back, from any Net Proceeds Dividend payable to a Holder, the Per Share Holdback Amount with respect to the applicable Asset Sale Transaction.

• Upon receipt of Put/Call Transfer Materials representing 100% of the Put/Call Shares, Buyer shall pay to the Seller Representative (on behalf of the Put Holders) by wire transfer of immediately available funds an amount equal to the Call Right Cash Consideration less an amount equal to the product of (A) the Per Share Holdback Amount; multiplied by (B) the aggregate number of Put/Call Shares (the "AGGREGATE CALL HOLDBACK AMOUNT").

• As soon as reasonably practicable following the effective time of the Merger, subject to the receipt by the Company from each holder of Defaulted Shares of a Letter of Transmittal and share certificates representing such Defaulted Shares, the Buyer shall pay to such holder (by check) with respect to each such Defaulted Share an amount equal to (a) the Per Share Purchase Price, less the Per Share Holdback Amount, multiplied by (b) the number of Defaulted Shares held by such holder.

• At the Closing, Parent shall issue the aggregate Founder Per Share Holdback Amount to which each Founder is entitled pursuant to Section 2.1(b)(ii)(C).

• In addition, such holder shall be entitled to receive in exchange thereof, after the expiration of the Escrow Period, the Final Per Share Holdback Amount for each share of Company Stock formerly represented by such Certificate, Option Agreement or SAR Agreement (as provided for in Section 1.8 and Article IX).

More Definitions of Per Share Holdback Amount

Per Share Holdback Amount means the Holdback Amount (as defined below), divided by the number of issued and outstanding shares of Company Common Stock immediately prior to the Closing.

Per Share Holdback Amount means an amount equal to the quotient obtained by dividing (i) the Indemnification Holdback Amount plus $5,000,000 deposited by Purchaser on behalf of the Sellers at the Closing into the Closing Adjustments Holdback Escrow Account by (ii) the Share Number.

Per Share Holdback Amount means (i) $750,000 divided by (ii) the aggregate number of Seller Shares held by the Sellers immediately prior to the Equity Closing as reflected on Schedule A hereto.

Per Share Holdback Amount means $4.17.

Per Share Holdback Amount means the Holdback Amount divided by the Fully Diluted Share Number.

Per Share Holdback Amount has the meaning specified in Section 8.4(a)(i).

Per Share Holdback Amount means the quotient determined by dividing (i) the remaining amount, if any, resulting from subtracting the Losses from the Holdback Amount, by (ii) the number of shares of EBI Common Stock issued and outstanding as of the Effective Time.