Examples of Total Transaction Consideration in a sentence
The Total Transaction Consideration, when and as received, less the Equity Spreads, the Sellers’ Tax Cost and the SeveranceEscrow, shall be allocated among the Sellers holding Shares of Class A Common Stock and/or Class B Common Stock on an equal per share basis, as evidenced by a certificate signed by the Sellers’ Representative in the form set forth as S chedule 1.3(b) hereto (the “Sellers’ Representative Certificate”), certifying as to the allocation of the Total Transaction Consideration.
On the Closing Date, Parent shall deposit with the Escrow Agent a portion of the Total Transaction Consideration otherwise payable to the Sellers at the Closing equal to $91,500,000 (the “IndemnificationE scrow”).
The amount of the Equity Spreads are included within the Total Transaction Consideration and nothing in this Agreement shall be interpreted to require Parent to make an additional payment to the holders of SARs and/or Options.
In addition, the Sellers’ Representative shall be entitled to retain up to $30,000,000 of the Total Transaction Consideration to pay the professional fees and expenses of any attorneys, accountants, financial advisors, brokers and other advisors retained by the Sellers’ Representative and other expenses of the Sellers’ Representative incurred in connection with any action taken or not taken as the Sellers’ Representative under this Agreement, including expenses for offices of the Sellers’ Representative.