Examples of Unadjusted Cash Consideration in a sentence
The total purchase price for the Assets shall be Five Hundred Forty-One Million Dollars ($541,000,000) (the “Unadjusted Purchase Price”) consisting of (i) the Unadjusted Cash Consideration and (ii) if Purchaser makes a Stock Election pursuant to Section 2.5, the Stock Consideration.
For the avoidance of doubt, if Purchaser has timely made the Stock Election but NFGC is unable or unwilling to issue all or any portion of the Stock Consideration at Closing as required under Section 5.3(e), then the calculation of the Unadjusted Cash Consideration payable by the Purchaser at the Closing in accordance with Section 5.3(d) shall reflect the actual number of shares of NFGC Common Stock constituting the Stock Consideration issued to Seller at the Closing.
The Reserve Amount will be deemed a reduction from the Unadjusted Cash Consideration otherwise payable to Sellers.
Prior to Closing, such Purchaser will have arranged to have available sufficient funds to enable such Purchaser to pay the Unadjusted Cash Consideration to Seller at Closing, to obtain any bonds or credit support required pursuant to Section 4.2(d) and Section 7.6, and otherwise to perform such Purchaser’s obligations under this Agreement.
The “Final Cash Consideration” means a cash amount equal to the Unadjusted Cash Consideration (i) plus the amount, if any, by which Closing Working Capital exceeds $1,212,000,000, or (ii) minus the amount, if any, by which $1,188,000,000 exceeds the Closing Working Capital, or (iii) with no adjustment if Closing Working Capital is an amount between $1,188,000,000 and $1,212,000,000 (inclusive).
For purposes of the calculation required by clause (a) above, the Company has delivered a schedule in writing to Buyer, based on the Company's reasonable judgement, setting forth the estimates required by clauses (i), (ii) and (iii) and its calculation of the amount of the Unadjusted Cash Consideration, along with reasonable documentation substantiating its estimates.
If the aggregate dollar amount of the Estimated Adjustments is positive, then the Unadjusted Cash Consideration shall be increased by such positive dollar amount up to Fifty Million Dollars ($50,000,000) and then the Unadjusted Equity Consideration shall be increased by a number of shares equal to the surplus divided by the Equity Consideration Share Value.
The «Final Cash Consideration« means a cash amount equal to the Unadjusted Cash Consideration (i) plus the amount, if any, by which Closing Working Capital exceeds $1,212,000,000, or (ii) minus the amount, if any, by which $1,188,000,000 exceeds the Closing Working Capital, or (iii) with no adjustment if Closing Working Capital is an amount between $1,188,000,000 and $1,212,000,000 (inclusive).
The Parties agree to treat any payment made pursuant to S ection 2.4 or this A RTICLE 8 or anyindemnity payments made pursuant to S ection 11.2 as an adjustment to the Unadjusted Cash Consideration for applicable income Tax purposes, unless a different treatment is required by applicable Law.
The Parties agree to treat any payment made pursuant to Section 2.4 or this ARTICLE 8 or any indemnity payments made pursuant to Section 11.2 as an adjustment to the Unadjusted Cash Consideration for applicable income Tax purposes, unless a different treatment is required by applicable Law.