Common use of Share of Grossed Up Closing Payment Clause in Contracts

Share of Grossed Up Closing Payment. An amount in cash equal to: (A) the Residual Per FD Share Amount; minus (B) the exercise price per share of Company Common Stock subject to such Outstanding Common Warrant; minus (C) the Escrow Contribution Amount Per FD Non-Dissenting Share; minus (D) the Stockholders Expense Escrow Contribution Amount Per FD Non-Dissenting Share. If the exercise price payable in respect of a share of Company Common Stock subject to any Outstanding Common Warrant exceeds the Residual Per FD Share Amount, then the amount payable under this Section 2.7(c)(i) shall be zero for such Outstanding Common Warrant.

Share of Grossed Up Closing Payment. An amount in cash equal to: (A) the Residual Per FD Share Amount; minus (B) the exercise price per share of Company Common Stock subject to such Outstanding Common WarrantOption; minus (C) the Escrow Contribution Amount Per FD Non-Dissenting Share; minus (D) the Stockholders Expense Escrow Contribution Amount Per FD Non-Dissenting Share. If the exercise price payable in respect of a share of Company Common Stock subject to any Outstanding Common Warrant Option exceeds the Residual Per FD Share Amount, then the amount payable under this Section 2.7(c)(i2.7(a)(i) shall be zero for such Outstanding Common WarrantOption.