Company Distribution. Prior to the Effective Time, and pursuant to the terms of Article II of the Distribution Agreement, the Company will effect the Company Distribution.
Company Distribution. The conditions to the obligations of the Company to consummate the Company Distribution set forth in Article VIII of the Distribution Agreement shall have been satisfied (without giving effect to any waiver of any such condition not approved by Parent).
Company Distribution. “Company Distribution” shall mean the sum of any cash and the fair market value of any property that is distributed, transferred or paid by the Company to its stockholders (whether in a redemption transaction or as a dividend distribution) in connection with the Offer and the Merger.
Company Distribution. Following the date of this Agreement and at such time prior to Closing as the Stockholders' Representatives deem appropriate, the Stockholders' Representatives shall determine (in terms of participants and relative amounts, in a manner consistent with the past practices of the Company), the persons entitled to any payment in respect of the amount (if any) by which the amount obtained by subtracting Current Liabilities from Current Assets exceeds $650,000, and, subject to Section 9.1(j), the Company shall be entitled to make such payments.
Company Distribution. In the event Company distributes Company Services to Sprint Users through [*****], including but not limited to [*****], Company shall pay Sprint an amount equal to [*****] of the Net Media Revenue (as defined in Exhibit J) for such Company Services provided Company can identify the end users of such Company Services as Sprint Users.
Company Distribution. The “Company Distribution” shall be determined in accordance with the following. Academic Year Tuition Percentage (In-State) Tuition Percentage (Out-of-State) Tuition Percentage (Existing Students*) 2013-2014 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 Partial Year 2023 *Existing students are students who are enrolled as of the Effective Date in an undergraduate online education degree or online degree-completion program at the University. If University desires to enroll students that do not fall into any of the classifications listed in the table above into UF Online courses, University and Company will work in good faith to determine the appropriate fee for those students. If the actual Instructional Fees for any academic term are less than the minimums set forth below, University and Company shall negotiate in good faith appropriate changes to the fee structure of this Program Term Sheet to reflect the changed circumstances. If the Parties are unsuccessful in achieving mutually agreed changes to the fee structure, Xxxxxxx may terminate this Program Term Sheet upon 180 days’ written notice to the other party. Academic Year Minimum Instructional Fees (In-State) Minimum Average Instructional Fees (Out-of-State) 2013-2014 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 Partial Year 2023
Company Distribution. In the event that the Settlement Escrow is insufficient to reimburse the Company for the Raices Tax Payment, if applicable, and any and all Transfer Expenses, the Escrow Agent shall disburse to the Company, cash from the Employment Agreement Payment Escrow, to compensate the Company for the Raices Tax Payment and any and all Transfer Expenses incurred by the Company or any of its affiliates. Upon receipt of a Company Disbursement Notice from the Company of the incurrence of any Transfer Expenses, the Escrow Agent shall promptly disburse to the Company from the Employment Agreement Payment Escrow, to the extent that there are insufficient funds in the Settlement Escrow, cash in the amount set forth in the Company Disbursement Notice, by wire transfer of immediately available funds.
Company Distribution. Notwithstanding anything in this Agreement to the contrary, to the extent not paid at or prior to the Closing, promptly following the Closing and in any event no later than such date on which quarterly distributions have been made by the Company in the ordinary course in prior years, Contributee shall cause to be paid to Contributor an amount in cash, payable via wire transfer in immediately available funds, equal to the quarterly distribution payment attributable to Contributor’s proportionate ownership interest in the Company pursuant to Section 5.01(a) of the Company LLC Agreement, in each case for the period beginning on April 1, 2022 and ending on the earlier to occur of (A) the Closing Date and (B) June 30, 2022.
Company Distribution. The distribution as described in Section 1.1 shall have been approved by the Board of Directors and the transactions contemplated by Section 1.1 shall have been consummated.
