Assignment Consideration. At the Closing and subject to and upon the terms and conditions of this Agreement, the Assignee shall deliver to the Assignor the Assignment Consideration in the amount of RMB 5 million with immediately available cash in US Dollars or RMB via wire transfer to bank account designated by Assignor.
Assignment Consideration. As provided for by Paragraph 6.6, and subject to the Most Favored Licensee definition of Paragraph 2.11 Licensee agrees to pay PHS, as consideration for receiving PHS consent to the assignment of the Agreement as required by Paragraph 14.7, a royalty in the amount of:
Assignment Consideration. As consideration for granting its consent to the assignment of the Assigned Lease Documents and the modification of the Assigned Lease Documents described in Section 5 below, on or before the Effective Date, Landlord shall be paid or issued each of the following “Assignment Consideration” strictly in accordance with the following terms and conditions:
Assignment Consideration. (i) Subject to Section 4.1(h)(ii), in connection with any Change of Control Transaction or in connection with any Asset Sale Transaction, Licensee shall pay MD Xxxxxxxx a fee (an “Assignment Fee”) equal to the applicable percentage of Assignment Consideration, as set forth in Table 4.1(h), as determined at the Closing Date of such transaction, within thirty (30) calendar days of Licensee’s (or its shareholders’, designees’, successors’ or assigns’, as applicable) receipt thereof; provided, however, in the event of a Change of Control Transaction, the result of which Licensee retains direct control and exercise of the rights granted in Article III (each, an “Excluded Transaction”), payment of such Assignment Fee shall be due within thirty (30) days of the Closing Date of the first Change of Control Transaction or Asset Sale Transaction thereafter for which payment may not be delayed under this Section 4.1(h)(i) (a “Triggering Transaction”). Table 4.1(h) Closing Date of Transaction Percentage of Assignment Consideration due MD Xxxxxxxx Maximum Assignment Fee to be paid to MD Xxxxxxxx Prior to achievement of Milestone Event 1 for any Licensed Product [*]% $[*] After achievement of Milestone Event 1, but before achievement of Milestone Event 2 [*]% $[*] After achievement of Milestone Event 2, but before achievement of Milestone Event 3 [*]% $[*] After achievement of Milestone Event 3, but before achievement of Milestone Event 4 [*]% $[*] After achievement of Milestone Event 4 [*]% $[*]
Assignment Consideration. LLC shall pay Xxxxxxxx $229,771 in consideration of the assignment of Xxxxxxxx'x Option rights in the 4th Addition Property, which payment shall be in the form of LLC's promissory note, bearing interest at the rate of 1% over prime, secured by a fourth mortgage on the 4th Addition residential lots (subordinate to $425,000 first and $1,340,000 second mortgages in favor of the development loan lender and the $670,000 "Shared Costs" third mortgage in favor of BF Holding Company. At the closing LLC shall execute a Modification of the Shared Costs mortgage to include the 4th Addition residential lots as additional collateral for the Shared Costs loan.
Assignment Consideration. In consideration for the Assignment, Assignee agrees to pay the amount set forth in Section 6(f), below.
Assignment Consideration. 2.1 In consideration of the sum of £1, receipt of which the Assignor now acknowledges, The Assignor hereby irrevocably assigns to the Assignee, with full title guarantee, all of the Assigned Rights.
Assignment Consideration. If an assignment or sublease is consented to by Landlord and Sublandlord and the rental due and payable by an assignee or subtenant (or a combination of rent payable thereunder plus any other consideration directly or indirectly incident to the assignment or sublease) exceeds the Base Rent payable under this Sublease, then Subtenant shall pay to Sublandlord, as Additional Rent, 50% of such excess rental after first deducting Subtenant’s reasonable expenses incurred in connection with such assignment or sublease, including without limitation, marketing expenses, brokerage commissions, reasonable attorneys’ fees, rent concessions, tenant improvement allowances, costs of alterations or improvements, and costs paid to Landlord and/or Sublandlord in obtaining Landlord’s and Sublandlord’s consent to the assignment or sublease, within thirty (30) days following receipt thereof by Subtenant from the assignee or subtenant, as the case may be.
Assignment Consideration. As consideration for the assignment of the Leases, on the first business day following the initial Closing Date (or such other date pursuant to Section 3 hereof), the REIT Parties shall deliver to the Lessees $5,250,000 (the “Aggregate Lease Assignment Payment”), as adjusted if required pursuant to Sections 3(a) or 10 hereof, if applicable, and as further adjusted as provided in Section 4(c)(ii) below, by wire transfer of immediately available funds to such bank account(s) as the Lessees shall specify (by written notice delivered to the REIT Parties not less than three (3) business days prior to the initial Closing Date). The Aggregate Lease Assignment Payment shall be allocated to the Leases for the applicable Hotels as described in Exhibit 4(c)(i) hereto (as so allocated to a particular Hotel, an “Individual Lease Assignment Payment”).
Assignment Consideration. Upon the Closing, Assignee shall deliver to Escrow Holder via wire transfer of immediately available funds an amount equal to the difference between Ten Million Seventy-Five Thousand and 00/100 Dollars ($10,075,000.00) and the purchase price set forth in the Purchase Agreement (as said amount is subject to adjustment as provided in the Purchase Agreement based upon the closing date and/or the exercise of option date) attached hereto (“Assignment Consideration”).
