Common use of Optionholders Clause in Contracts

Optionholders. If the Final Net Working Capital Amount is less than the Estimated Net Working Capital Amount, then the Shareholders will owe to the Purchaser Parties the amount by which the Final Net Working Capital Amount is less than the Estimated Net Working Capital Amount, less the portion of such shortfall taken into account in the determination of the Optionholders’ Proportionate Adjustment Amount, which amount the Optionholders will owe to Amalco.

Appears in 2 contracts

Sources: Arrangement Agreement, Arrangement Agreement (Vasco Data Security International Inc)