Aggregate Option Consideration definition
Examples of Aggregate Option Consideration in a sentence
The proceeds from the transactions contemplated by the Bank Commitment Letter and the Bridge Loan Commitment shall be used by Operating for purposes of, among other things, consummating the transactions contemplated hereby, including the Refinancing, paying the Aggregate Option Consideration, paying expenses incurred in connection with the transactions contemplated hereby and providing working capital to Operating.
From and after the Effective Time, any such cancelled Company Option shall no longer be exercisable by the former holder thereof, but shall only entitle such holder to the payment of an allocable portion of the Aggregate Option Consideration.
The Buyer shall pay the Aggregate Option Consideration to Holdco, who shall, in turn, pay such portions of the Aggregate Option Consideration to the applicable Optionholders as promptly as practicable thereafter.
The Aggregate Share Consideration, the Aggregate Warrant Consideration and the Aggregate Option Consideration shall be cash, denominated in Canadian dollars in same day funds payable.
The aggregate amount of Option Consideration payable in respect of all Company Options is referred to herein as the "Aggregate Option Consideration".