Examples of Preliminary Cash Consideration in a sentence
Any purchase price (or portion thereof), i.e. the Preliminary Cash Consideration, the Stock Consideration and the Final Cash Consideration shall be allocated in the internal relationship between the Sellers on a pro rata basis, reflecting the portion of the Sold Shares sold by the respective Seller relative to all Sold Shares.
Adjustment to the Preliminary Cash Consideration of this Agreement shall be paid in immediately available funds by wire transfer or other means within three (3) business days after such final determination has been made.
The Preliminary Cash Consideration, as adjusted pursuant to Section 2(e), the Escrow Fund, and the Closing Stock, together, are referred to herein as the “Purchase Price”.
The Series 6 Convertible Bonds are convertible into Shares at a conversion ratio equal to the Preliminary Cash Consideration plus EUR 40 million divided by 116,923.
For the avoidance of doubt, if no such agreement can be reached, the amount set out in this Section 4.1.1 shall be the Preliminary Cash Consideration.
The Company and the Shareholders understand that all amounts of Indebtedness and Company Expenses are the sole responsibility of the Company and the Shareholders, and the amounts paid pursuant to this Section 1.15 are being made on the Company and the Shareholders’ behalf and shall reduce the Preliminary Cash Consideration and Total Merger Consideration payable to the Shareholders under this Agreement.
At Closing Purchaser shall pay, on behalf of the Company, to the parties identified in the Transaction Expense Schedule the amounts identified in the Transaction Expense Schedule (which amounts shall reduce the Preliminary Cash Consideration payable to Shareholders at Closing).
The Company and the Shareholders understand that all amounts of Indebtedness and Transaction Expenses are the sole responsibility of the Company and the Shareholders, and the amounts paid pursuant to this Section 1.10 are being made on the Company and the Shareholders’ behalf and shall reduce the Preliminary Cash Consideration and Purchase Price payable to the Shareholders under this Agreement.
If any payments (other than payments under Section 4.2.3) are made after Closing by the Sellers to the Purchaser or vice versa, in each case, under this Agreement, the Preliminary Cash Consideration and/or the Final Cash Consideration and/or the Total Purchase Price, as applicable, shall be deemed to have been decreased if the payments are made by the Sellers to the Purchaser, or increased if the payments are made by the Purchaser to the Sellers, in each case, by an amount equal to such payments.
If the Seller Representative does not so object within the Notice Period, the Preliminary Cash Consideration shall be deemed final and binding as Cash Consideration for purposes of this Agreement (but shall not limit the representations, warranties, covenants and agreements of the parties hereto set forth in this Agreement).