Purchase Consideration definition

Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $500,000,000, your Sale Bonus would be $500,000. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

Purchase Consideration shall have the meaning ascribed to it in Clause 3.1.1;

Purchase Consideration has the meaning set forth in Section 2.02.

Examples of Purchase Consideration in a sentence

• Subject to the terms and conditions herein contained, the Vendor agrees to sell, and the Purchaser, who has the requisite power and authority to enter into and perform this Agreement, agrees to purchase, the Sale Shares, free from all Encumbrances and with all rights and benefits attaching thereto as at the date of this Agreement in consideration of the Purchaser making payment of the Purchase Consideration to the Vendor.

• The consideration for the sale and purchase of the Sale Shares shall be United States Dollar ONE MILLION TWELVE THOUSAND FOUR HUNDRED AND FIFTY EIGHT (USD1,012,458.00) only (“Purchase Consideration”) For avoidance of doubt, upon payment of the Purchase Consideration, the amount due under Invoice VCI001 dated 27 April 2024 amounting to USD285,792.00 shall be deemed fully settled and discharged, with no further claims or obligations arising therefrom.

More Definitions of Purchase Consideration

Purchase Consideration shall have the meaning ascribed to it in Recital (A);

Purchase Consideration shall have the meaning given to such term in Section 2.2 hereof.

Purchase Consideration has the meaning set forth in Section 6.11(b)(iii).

Purchase Consideration shall have the meaning set forth in Section 1.2.

Purchase Consideration with respect to any Purchase, the aggregate cash and non-cash consideration for such Purchase. The “Purchase Consideration” for any Purchase expressly includes Indebtedness assumed in such Purchase and the good faith estimate by the Parent Borrower of the maximum amount of any deferred purchase price obligations (including earn-out payments) incurred in connection with such Purchase. The “Purchase Consideration” for any Purchase expressly excludes (a) Capital Stock of the Parent Borrower issued to the seller as consideration for such Purchase and (b) the Net Cash Proceeds of the sale or issuance of Capital Stock by the Parent Borrower to the extent such Purchase is made within ninety days of the receipt of such Net Cash Proceeds by the Parent Borrower.

Purchase Consideration has the meaning assigned to it in Section 3 hereof.

Purchase Consideration means an amount equal to: (x) the average of the closing prices of the Company’s Shares on the Tel Aviv Stock Exchange on each of the first three days that Company’s Shares are traded on the Tel Aviv Stock Exchange, multiplied by (y) the number of Purchased Shares. The preamble to this Agreement shall constitute an integral part of this Agreement.