Stipulated Amount definition
Stipulated Amount has the meaning set forth in Section 9.6(d) hereof.
Stipulated Amount is defined in Section 6.7(e).
Stipulated Amount shall have the meaning ascribed to such term in Section 10.04.
Examples of Stipulated Amount in a sentence
Within ten (10) Business Days following the execution of such settlement agreement (or such shorter period of time as may be set forth in the settlement agreement), the Indemnitor shall pay to the applicable Indemnitee an amount in cash equal to the Stipulated Amount, if any.
More Definitions of Stipulated Amount
Stipulated Amount has the meaning set forth in Section 10.5(e) of this Agreement. An Entity shall be deemed to be a “Subsidiary” of another Person if such Person directly or indirectly owns or purports to own, beneficially or of record: (a) an amount of voting securities of or other interests in such Entity that is sufficient to enable such Person to elect at least a majority of the members of such Entity’s board of directors or other governing body; or (b) at least 50% of the outstanding equity, voting, beneficial or financial interests in such Entity.
Stipulated Amount means the sum of:
(1) with respect to all shares of SanDisk Corp. ("SANDISK") held by Seagate immediately prior to the Effective Time (the "SANDISK SHARES"), (A) the product obtained by multiplying (x) the average closing price of a share of SanDisk common stock, as reported on the Nasdaq, for the five (5) consecutive trading days ending two (2) trading days immediately preceding the Closing Date (the "REFERENCE AVERAGE"), by (y) 0.8 (the product of (x) and (y) being the "Value"), minus (B) 0.4 multiplied by the difference between the Value and Seagate's tax basis in a SanDisk Share; multiplied by (C) the number of SanDisk Shares;
(2) with respect to all shares of CVC, Inc. ("CVCI") and Gadzoox Networks Inc. ("GADZOOX") held by Seagate immediately prior to the Effective Time (respectively, the "CVCI SHARES" and the "GADZOOX SHARES"), (A) the product obtained by multiplying (x) the Reference Average for shares of CVCI or Gadzoox common stock, respectively, by (y) 0.6 (the product of (x) and (y) being the "Value"), minus (B) 0.4 multiplied by the difference between the Value and Seagate's tax basis in a CVCI or Gadzoox Share, as the case may be, multiplied by (C) the number of CVCI Shares and Gadzoox Shares, respectively; and
(3) with respect to shares of Dragon Systems, Inc. ("DRAGON") held by Seagate immediately prior to the Effective Time ( including shares into which such shares may have been converted, the "DRAGON SHARES"), (i) if such Dragon Shares are not listed for trading on a national securities exchange or over-the-counter market, then an amount mutually agreed upon by the parties hereto at least ten days prior to the Seagate Stockholders Meeting, (ii) if shares of Dragon are listed for trading on a national securities exchange or over-the-counter-market, then
(A) the product obtained by multiplying (x) the Reference Average for shares of Dragon common stock, by (y) 0.6 (the product of (x) and (y) being the "Value"), minus (B) 0.4 multiplied by the difference between the Value and Seagate's tax basis in a Dragon Share multiplied by (C) the number of Dragon Shares (other than those subject to any escrow agreement). If the parties are unable to agree upon a value under clause (i) above or the valuation of any escrowed Dragon Shares, then the parties agree to include the Dragon Shares and such escrowed shares in the TRA Amount as provided in Section 5.15 hereof.
Stipulated Amount shall have the meaning set forth in Section 6.4(e) of the Agreement.
Stipulated Amount has the meaning set forth in Section 9.5. “Survival Date” has the meaning set forth in Section 9.1(a).
Stipulated Amount means $178,000,000.
Stipulated Amount in Section 1.11(a)(xxvi) of the Merger Agreement is hereby amended by deleting clause (3) thereof in its entirety and substituting therefor the following:
Stipulated Amount has the meaning ascribed to such term in Section 6.1(c)(iii).