Purchase Price Holdback Amount definition

Purchase Price Holdback Amount means an amount in cash equal to $35,000,000.

Purchase Price Holdback Amount means $500,000 which shall be held in escrow by the Escrow Agent and to be paid in accordance with Section 4.02.

Purchase Price Holdback Amount means Five Million Dollars ($5,000,000).

Examples of Purchase Price Holdback Amount in a sentence

• Except in the event of intentional misrepresentation or fraud, in no event will the total cumulative amount of Damages for which the Sellers may be liable to Purchaser Indemnitees under this Article X exceed $35,000,000, plus an additional $35,000,000 (for a total of $70,000,000), if, and only if, Sellers receive the Purchase Price Holdback Amount.

• For the avoidance of doubt, the Purchase Price Holdback Amount shall be payable to the Sellers, subject to this Section 2.7, even if Mxxx Xxxxxxxxxx’x employment is terminated or otherwise disrupted due to his death or his inability to perform services to the Company due to physical, emotional or mental illness.

• On the Closing Date, the Purchaser shall withhold or be paid by Seller in accordance with Section 3.3: (a) the Purchase Price Holdback Amount for disbursement in accordance with the terms of this Agreement and which will be held for purposes of adjustment between the Estimated Purchase Price and the Final Purchase Price, and (b) the Indemnification Holdback Amount which will be held for purposes of making indemnification payments pursuant to Article X.

• For the avoidance of doubt, the Purchase Price Holdback Amount shall be payable to the Sellers, subject to this Section 2.7, even if Xxxx Xxxxxxxxxx’x employment is terminated or otherwise disrupted due to his death or his inability to perform services to the Company due to physical, emotional or mental illness.

• In such event, Purchaser shall pay to Seller the Purchase Price Holdback Amount.

More Definitions of Purchase Price Holdback Amount

Purchase Price Holdback Amount has the meaning given in Section 2.8 of this Agreement.

Purchase Price Holdback Amount means an amount in cash equal to €2,500,000.00, which the Buyer shall retain at Closing from the amount otherwise payable to the Sellers in respect of their estimate of the Aggregate Price, represented by the Estimated Aggregate Price, in order to satisfy, up to such amount, any Aggregate Price Downward Adjustment and any Buyout Shortfall, in each case as finally determined in accordance with Article 7. Quotas shall have the meaning set forth in Recital (c) to this Agreement.

Purchase Price Holdback Amount means two percent (2%) of the Book Value of the Leases Held for Investment.

Purchase Price Holdback Amount has the meaning attributed thereto in Section hereof

Purchase Price Holdback Amount means an amount equal to $500,000.

Purchase Price Holdback Amount. £1,000,000 (one million pounds sterling).

Purchase Price Holdback Amount means two hundred fifty thousand dollars ($250,000).