VSee Closing Consideration means (1) $60,500,000, minus (2) an amount equal to the Effective Time Option Grants multiplied by the VSee Option Grant Exercise Price, minus (3) the aggregate amount of VSee’s Company Expenses (including, without limitation, the Tuck Advisors Fee.
VSee Closing Consideration means the VSee Class A Consideration.
VSee Closing Consideration means the VSee Class A Consideration. “VSee Common Stock” means the VSee Class A Common Stock.
Examples of VSee Closing Consideration in a sentence
Any indemnification payment made by VSee or iDoc, as applicable, under this Article 8 shall be treated as an adjustment to the VSee Closing Consideration or the iDoc Closing Consideration, as applicable, for tax purposes.
No later than five (5) Business Days prior to the Closing Date, each of VSee and iDoc shall prepare and deliver to Parent a statement (each, a “Closing Statement”) setting forth the Company Parties’ good faith estimate of the Company Expenses as of the Closing Date, together with a calculation of the VSee Closing Consideration, the VSee Per Share Consideration, the iDoc Closing Consideration and the iDoc Per Share Consideration, based on such amounts.