Purchase Price Holdback Amount definition
Examples of Purchase Price Holdback Amount in a sentence
Following a decade of focused and coherent efforts to improve mathematics education, NCTM continued its push for improvement through the release of Principles and Standards for School Mathematics (2000), recognizing that if its standards were to remain pertinent to students’ needs, the visions and goals the standards embody must periodically be examined, evaluated, and revised by the community of mathematics educators (NCTM, 2000).
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.
Weinstein will work together to set targets for fiscal year 2019 (the “2019 Targets”) for Adjusted EBITDA generated by the sale of Company Products and (z) if the Acceleration Payment Amount is paid pursuant to Section 1.6(e)(ii), the remaining unpaid Purchase Price Holdback Amount shall be subject to payment pursuant to this Section 1.6.
Upon such payment of the Excess Amount by Parent, the Stockholders’ Representative shall pay to the Stockholders and the Operating Company (for further payment to the Option Holders pursuant to Section 2.5(g)) an aggregate amount equal to the Purchase Price Holdback Amount.
Upon the resolution of such Claim or Third Party Claim, the Purchaser shall be entitled to set off the Claim or Third Party Claim against the Purchase Price Holdback Amount and/or the Meyerowitz Escrow Amount (as applicable).