Closing Date Amount definition
Examples of Closing Date Amount in a sentence
The Gross Purchase Price less the Gross Stock Value is herein referred to as the "Closing Date Amount".
At least five (5) Business Days prior to the Closing Date, the Company shall notify (the "Public Sale Notice") the ▇▇▇▇▇▇▇ Group Representative, on behalf of the Holder or each Transferor, as the case may be, as to the portion of the Closing Date Amount or Company Price, as applicable, to be paid in shares of Low Vote Stock (the "Public Sale Dollar Amount").
The Closing Date Amount shall be paid by delivery on the Closing Date of immediately available funds in U.S. dollars by wire transfer to an account that Seller shall designate to Buyer at least two (2) business days prior to the Closing Date.
Subject to the Company's right to elect to require a public sale in accordance with Section 3, the Closing Date Amount shall be delivered to the ▇▇▇▇▇▇▇ Group Representative, on behalf of all Members and Permitted Transferees who held any of the Subject Shares purchased in cash on the Closing Date.
If the Purchase Price as finally determined above is greater than the Closing Date Amount, Buyer shall promptly, but no later than three (3) business days after such acceptance, pay to Seller the amount of such difference.