Extension Payment. If Allarity and/or its Affiliates or sublicensees have not achieved Successful Completion of the first Phase 2 Clinical Trial of the Product prior to December 31, 2022, then, in Allarity’s sole discretion, it may notify Eisai of its intention to continue Development activities of the Compound. In the event that Eisai and Allarity mutually agree to such continued Development activities by Allarity, Allarity shall pay a one-time payment to Eisai of [***] U.S. Dollars (the “Extension Payment”) within thirty (30) days following December 31, 2022. Notwithstanding the foregoing, in the event that Allarity has not enrolled and dosed at least thirty (30) patients with the first dose of cancer drug E7449 in the ongoing Phase 2 Ovarian Cancer Clinical Trial by July 1, 2022 then the Extension Payment shall become due and payable in full by July 30, 2022.
Extension Payment. If OV and/or its Affiliates or sublicensees have not achieved Successful Completion of the first Phase 2 Clinical Trial of the Product prior to the fourth (4th) anniversary of the Effective Date, then, in OV’s sole discretion, it may notify Eisai of its intention to continue Development activities of the Compound. In the event that Eisai and OV mutually agree to such continued Development activities by OV, OV shall pay a one-time payment to Eisai of [***] (the “Extension Payment”) on the fourth (4th) anniversary of the Effective Date.
Extension Payment. The Company shall have received the applicable Extension Payment(s), if any.
Extension Payment. The Company shall pay to the Executive the sum of $500,000, subject to applicable deductions and withholding, within ten (10) business days of the execution and delivery of this Letter Agreement.
Extension Payment. The Company, CR Financial Holdings, Inc. or CHLM Sponsor LLC, or their affiliates or designees (the “Contributors”), have agreed to pay Shareholder $0.04 per share for each one-month extension (the “Extension Payment”) for each Share that is not redeemed during the Term by wire of the Extension Payment to an account designated for such purpose in writing by Shareholder. With respect to each Extension Payment, the Contributors shall wire the Extension Payment to Shareholder on or prior to the applicable monthly termination date.”
Extension Payment. The Administrative Agent shall have received from the Borrower an extension payment in Dollars for the account of each Electing Revolving Facility Lender (other than a Defaulting Lender) that has returned an executed signature page to this Amendment to the Administrative Agent at or prior to the Consent Deadline equal to 0.625% of the aggregate principal amount of the Extended Revolving Facility Commitments (after giving effect to any reduction on the Fifth Amendment Effective Date) held by such Electing Revolving Facility Lender.
Extension Payment. If Optionee makes an Extension Payment as described in clause (ii) of Paragraph 2.2 above, such Extension Payment shall not be credited against the Purchase Price at Closing; provided, however, if Optionee elects to pay the Second Deposit on any day prior to December 31, 2006, then a portion of the Extension Payment shall be applied against the Purchase Price, calculated as follows: the amount of Seven Hundred Fifty Thousand and No/100 Dollars ($750,000.00) shall be multiplied by a fraction, the numerator of which is (x) 100 less (y) the number of days which elapse from September 22, 2006 to and including the date the Second Deposit is paid, and the denominator of which shall be 100 (the “Extension Payment Credit Amount”). Except for such Extension Payment Credit Amount, if any, no portion of the Extension Payment shall be credited against the Purchase Price.”
Extension Payment. In order to induce Bank to enter into this Extension Letter Agreement, Borrower hereby agrees to make a payment to Bank of not less than $500,000 or before October 23, 2001 (the "Extension Payment"). Upon receipt by Bank of the Extension Payment, Bank shall release Bank's security interest in the receivable due and owing from C-MAC, Inc. (formerly known as A-Plus Manufacturing, Inc.) to Borrower under that certain Manufacturing Agreement, dated as of August 2, 2001, as amended from time to time. Borrower and Guarantor acknowledge that any failure to perform any of their obligations under this Extension Letter Agreement, the Loan Agreement, or any Loan Documents shall be deemed an Event of Default under the Loan Agreement and Guaranty and shall terminate Bank's agreement to extend the Revolving Maturity Date to the Extension Date.
Extension Payment. If at any time on or before June 30, 1997, Buyer notifies Seller that Buyer is not prepared to close on June 30, 1997 but still desires to acquire the Purchased Interests (an "Extension Notice"), and Buyer pays to Seller by wire transfer to an account designated by Seller the additional sum of Four Million Dollars ($4,000,000) (the "Extension Payment"), Buyer may extend the Closing Date to a date not later than August 15, 1997.
