Common use of Additional Purchase Consideration Clause in Contracts

Additional Purchase Consideration. As additional consideration for the Purchase, the Buyer will pay additional purchase consideration to the Seller following the Closing Date based on and contingent upon certain post-Closing financial performance beginning on the first day of the first full calendar month after the Closing (the “Additional Purchase Consideration”) as set forth in this section 1.7.

Appears in 2 contracts

Sources: Asset Purchase Agreement (INX Inc), Asset Purchase Agreement (INX Inc)

Additional Purchase Consideration. As additional consideration for the Purchase, the Buyer will pay additional purchase consideration to the Seller following the Closing Date based on and contingent upon certain post-Closing financial performance beginning on the first day of the first full calendar month year after the Closing (the “Additional Purchase Consideration”) as set forth in this section 1.7.

Appears in 1 contract

Sources: Asset Purchase Agreement (INX Inc)