Contingent Earnout Sample Clauses

Contingent Earnout. Sellers shall be entitled to payment of an additional amount of cash, not to exceed Two Million, Five Hundred Thousand Dollars ($2,500,000), based on Buyer’s revenues with respect to certain products within the period commencing upon July 1, 2004 and ending on June 30, 2005, as set forth more fully in Section 5 below (the “Earnout Payment “), but subject to application as set forth in Section 4.5 below.
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Contingent Earnout. Following the Closing Date, the Merger Consideration may be increased as follows: The Shareholders are collectively entitled to earn a one-time payment (the “Earnout”), payable one-half in cash (the “Cash Earnout Payment”) and one-half in common stock of HPI valued at the average of the closing prices per share of HPI common stock on the last ten trading days of the Earnout Period (the “Stock Earnout Payment”), to be allocated amongst them in accordance with their percentage share ownership in Capital Partners immediately prior to the Closing Date, such Earnout Payment to be equal to
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Contingent Earnout. As additional consideration, Buyer shall pay Seller a contingent earnout based on the Net Profit (as defined below) of Buyer during 2004 and 2005 as follows:
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Contingent Earnout. A Contingent Earnout of up to an additional 200,000 shares of Purchaser’s Common Stock may be earned and will become payable to the Seller or its assigns only if the business attributable to the Assets achieves the following performance goal, post-Closing:
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Contingent Earnout. In addition to the Purchase Price payable ------------------ hereunder, as additional consideration for the sale of the Stock hereunder, the Shareholders shall have the right to receive, in the aggregate, additional payments of up to $6.6 million, based upon the Corporation's post-Closing net margin performance (the "Contingent Earnout"). The Contingent Earnout will be payable, if at all, in accordance with the following provisions:
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Contingent Earnout. 9 Section 2.6 Working Capital Deficit...............................12 Section 2.7 Line of Credit........................................12 Section 2.8
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Contingent Earnout. The period between the Effective Date and September 30, 2009 shall be referred to as the "Contingent Earnout Period." During the Contingent Earnout Period, Buyer shall pay to Seller additional amounts for the acquired Assets, not to exceed in the aggregate $6,500,000 (the "Contingent Earnout") as follows:
Sample 1
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Related to Contingent Earnout

  • Investment Earnings The Servicer will receive investment earnings (net of losses and investment expenses) on funds in the Bank Accounts as additional compensation for the servicing of the Receivables. The Servicer will direct the Indenture Trustee to withdraw the investment earnings and distribute them to the Servicer on each Payment Date.

  • Additional Payment In addition to any Spousal Support, in the event of Divorce: (check one) ☐ - There shall be No Additional Payment made by either Spouse to the other than those listed in this Agreement. ☐ - There shall be an Additional One (1) Time payment in the amount of $ made by the ☐ Husband ☐ Wife to the ☐ Husband ☐ Wife (“Additional Payment”). The Additional Payment shall be made within thirty (30) days after a divorce judgment, decree, or similar document that certifies the Divorce. ☐ - Other. .

  • Payments from Available Funds Only All payments to be made by the Borrower under this Agreement shall be made only from the amounts that constitute Scheduled Payments, Special Payments and other payments under the Operative Agreements, including payment under Section 4.02 of the Participation Agreements and payments under Section 2.14 of the Indentures, and only to the extent that the Borrower shall have sufficient income or proceeds therefrom to enable the Borrower to make payments in accordance with the terms hereof after giving effect to the priority of payments provisions set forth in the Intercreditor Agreement. The Liquidity Provider agrees that it will look solely to such amounts to the extent available for distribution to it as provided in the Intercreditor Agreement and this Agreement and that the Borrower, in its individual capacity, is not personally liable to it for any amounts payable or liability under this Agreement except as expressly provided in this Agreement, the Intercreditor Agreement or any Participation Agreement. Amounts on deposit in the Class A Cash Collateral Account shall be available to the Borrower to make payments under this Agreement only to the extent and for the purposes expressly contemplated in Section 3.05(f) of the Intercreditor Agreement.

  • Payment of the balance Within sixty days of completion of the tasks referred to in each order or specific contract, the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents, which are provided for in the Special Conditions: ⮚ a final technical report in accordance with the instructions laid down in Annex I; ⮚ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Additional Escrow Amounts On the date of any Purchase Withdrawal, the Pass Through Trustee may re-deposit with the Depositary some or all of the amounts so withdrawn in accordance with Section 2.4 of the Deposit Agreement.

  • Mortgage Payments Received After Transfer Date The amount of any related Monthly Payments received by the Seller after the related Transfer Date shall be forwarded to the Purchaser by overnight mail within one (1) Business Day following the date of receipt. The Seller shall notify the Purchaser of the particulars of the payment, which notification requirement shall be satisfied if the Seller forwards with its payment sufficient information to permit appropriate processing of the payment by the Purchaser. The Seller shall assume full responsibility for the necessary and appropriate legal application of such Monthly Payments received by the Seller after the related Transfer Date with respect to related Mortgage Loans then in foreclosure or bankruptcy; provided, for purposes of this Agreement, necessary and appropriate legal application of such Monthly Payments shall include, but not be limited to, endorsement of a Monthly Payment to the Purchaser with the particulars of the payment such as the account number, dollar amount, date received and any special Mortgagor application instructions and the Seller shall comply with the foregoing requirements with respect to all Monthly Payments received by it after the related Transfer Date.

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

  • Annual Officer’s Certificate; Notice of Servicer Replacement Event (a) The Servicer will deliver to the Issuer, with a copy to the Indenture Trustee, on or before March 30th of each year, beginning on March 30, 2019, an Officer’s Certificate, dated as of December 31 of the immediately preceding year, providing such information as is required under Item 1123 of Regulation AB.

  • Additional Payment Terms a. On-Site Expenses. Customer will be billed for the expenses incurred in connection with the performance of any services, training, consulting or other services provided on-site at Customer’s location (including in connection with launching the Services), including the reasonable travel and per day expenses of each trainer or consultant. Pre-scheduled services which are to be performed on-site at Customer’s location may not be cancelled or re- scheduled within thirty (30) days of the beginning of such pre-scheduled services. In the event that Customer cancels or reschedules pre-scheduled on-site services within such thirty (30) day period, Customer shall be required to reimburse Company for any pre-paid non-cancellable pre-scheduled expenses associated with the on- site services.

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

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