Securityholder Indemnitors definition

Securityholder Indemnitors means the Securityholders, severally and not jointly (in accordance with their respective Pro Rata Share).
Securityholder Indemnitors means, collectively, the Securityholders (other than those Company Stockholders all of whose shares of Company Capital Stock constitute Canceled Shares, but including, for the avoidance of doubt, Company Optionholders and holders of Company Warrants who receive shares of Company Capital Stock upon the termination or exercise of the Company Warrants and Vested Company Options in accordance with Section 2.06 as of immediately prior to the Effective Time).
Securityholder Indemnitors means each Securityholder that was required to enter into a Joinder Agreement as a condition to its receiving its portion of the Merger Consideration, on a several and not joint basis.

Examples of Securityholder Indemnitors in a sentence

  • Subject to Section 6.3(c), the maximum amount that the Purchaser Indemnitees are entitled to recover from the Securityholder Indemnitors under Section 6.2(a) for breaches of representations and warranties other than the Fundamental Representations is an amount equal to 15% of the sum of (i) the Merger Consideration plus (ii) payments for Indebtedness pursuant to Section 1.5(f) that are paid at the Closing and received by Securityholders and/or their Affiliates.

  • Subject to Section 7.3(c), the maximum aggregate amount that the Purchaser Indemnitees are entitled to recover from the Securityholder Indemnitors under Section 7.2(a)(i) is the Indemnity Escrow Share Amount (“Cap Amount”).

  • Subject to Section 6.3(c), the maximum aggregate amount that the Purchaser Indemnitees are entitled to recover from the Securityholder Indemnitors under Section 6.2(a) is the amount of the Escrow Fund at such time as such claim is fully and finally resolved pursuant to this Article 6.

  • The Escrow Amount shall constitute partial security for any Adjustment Amount, as applicable, and the indemnification obligations of the Securityholder Indemnitors pursuant to Article 10.

  • In the case of a claim by a Parent Indemnitee, in the event the Escrow Fund is insufficient to satisfy such Damages, then Parent may recover any unsatisfied Damages directly against the Securityholder Indemnitors in accordance with the terms of such memorandum.

  • Subject to Section 6.3(c), the maximum aggregate amount that the Purchaser Indemnitees are entitled to recover from the Securityholder Indemnitors under Section 6.2(a)(i) is the amount of the Escrow Fund at such time as such claim is fully and finally resolved pursuant to this Article 6.

  • In the event there is an insufficient amount in the Escrow Fund to satisfy the Adjustment Amount, Parent shall be entitled to recover directly from the Joined Securityholder Indemnitors (in proportion to their respective Pro Rata Shares) any unsatisfied portion of the Adjustment Amount.


More Definitions of Securityholder Indemnitors

Securityholder Indemnitors means the Securityholders, severally and not jointly (in accordance with their respective Pro Rata

Related to Securityholder Indemnitors