Retained Holdback Amount definition
Retained Holdback Amount means 50% of the Purchase Price, as adjusted by the Purchase Price Adjustment, payable to the applicable Retained Seller.
Retained Holdback Amount has the meaning assigned to such term in Section 9.6(g) of the Agreement.
Retained Holdback Amount shall have the meaning set forth in Section 2.8.4.
Examples of Retained Holdback Amount in a sentence
Within ten (10) Business Days after the Holdback Release Date, Purchaser shall pay to Seller, by wire transfer of immediately available funds to a bank account designated in writing by Seller, an amount equal to the amount, if any, by which the aggregate amount remaining in the Holdback Fund exceeds the Retained Holdback Amount.
More Definitions of Retained Holdback Amount
Retained Holdback Amount has the meaning assigned to such term in Section 7.9(a).
Retained Holdback Amount means the lesser of (a) the Tax Holdback Amount plus the Pension Plan Deficit Amount and (b) $2,000,000 less any amounts that are set-off against the Holdback Amount by Purchaser on or prior to the Holdback Release Date pursuant to the terms of this Agreement.