BUYER COMMITMENT Sample Clauses

BUYER COMMITMENT. The Buyer shall take all steps necessary to obtain the Competition Condition in respect of completion of the Transaction (whether automatically or by any Governmental Authority referred to in this Clause 4). Such steps include proposing, negotiating, offering to commit, accepting and agreeing with the relevant Governmental Authority and any person to effect (and if such offer is accepted, committing to effect), by agreement, order or otherwise the sale, divestiture, licence or disposition of any assets, operations or businesses of the Target Group, and ensuring that all such steps are taken by relevant persons.

BUYER COMMITMENT. Buyers agree to use their best commercial efforts to implement use of the Purchased Assets to achieve the Warranty Benchmark.

BUYER COMMITMENT. A. The Agreement applies to the PURCHASE and/or LEASE of properties. (Check Applicable) B. ALL INCLUSIVE COMMITMENT (COVERING ANY AND ALL PROPERTIES). Buyer grants the Brokerage the exclusive right to assist ▇▇▇▇▇ in locating and purchasing or leasing, as applicable, real property generally described below, or any other real property which is acceptable to Buyer. Buyer will not work with any other real estate brokerage or without brokerage to negotiate and purchase or lease, as applicable, any type of property described in this Paragraph.

BUYER COMMITMENT. 33 6.04 Confidentiality................................................. 35

BUYER COMMITMENT. (a) During the Performance Period the Buyer covenants and agrees to provide resources for (i) the Qode Business Accounting Unit expense budget of $6,625,900 (which includes Buyer overhead allocations and software amortization) and as further detailed in the Projected Income Statement set forth in Schedule 5.06(b) (referred to as "Expense Budget Funding"); and (ii) the Qode Business Accounting Unit capital expenditure budget of $2,465,100 (which includes development costs, equipment and Orsus) (referred to as "Capital Expenditure Budget Funding"), as detailed on Schedule 6.03(a) hereto. The total of all ---------------- Expense Budget Funding and all Capital Expenditure Budget Funding by Buyer is $9,091,000 (referred to as "Total Funding"). Subject to Section 6.03(b), if, at the conclusion of the Performance Period, Buyer has failed to provide the Total Funding to the Qode Business Accounting Unit (referred to as "Funding Deficit") and such Funding Deficit exceeds $909,100 (referred to as the "Threshold"), then the Projected Performance Metrics shall each be reduced by an amount equal to the Projected Performance Metric in question multiplied by a fraction, the numerator of which is equal to the amount of the Funding Deficit less the Threshold and the denominator of which is the amount of Total Funding ("Adjusted Performance Metrics"). In the event of a Funding Deficit in excess of the Threshold, as described in this Section 6.03, such Adjusted Performance Metrics shall be used by the parties to calculate the Percentage of Achievement, pursuant to Section 5.06(e) hereof. (b) Notwithstanding the foregoing, the Buyer's commitment to provide the Total Funding projected for any successive three month period shall be excused, and the remedies set forth in section (a) shall not apply, in the event that: (i) at the end of the first three months of the Performance Period, the Cumulative Revenue/Investment Ratio, as defined below, is less than 1.24% and the Cumulative Page Views Adjusted are less than 40,000; or (ii) at the end of the first six months of the Performance Period, the Cumulative Revenue/Investment Ratio, as defined below, is less than 11.97% and the Cumulative Page Views Adjusted are less than 1,476,000; (iii) at the end of the first nine months of the Performance Period, the Cumulative Revenue/Investment Ratio is less than 46.58% and the Cumulative Page Views Adjusted are less than 11,835,000. (c) Where, for the purposes of this section, the following...