Payment of Earn-Outs Sample Clauses

Payment of Earn-Outs. Each amount due under the Pareto Earn-Out Payment or the Healthscape Earn-Out Payment, in each case during the fiscal year ended December 31, 2020, shall be paid within ten (10) Business Days of such amount becoming due and payable or, if applicable, following expiration of any dispute resolution mechanics set forth in the applicable agreement governing the Pareto Earn-Out Payment or the Healthscape Earn-Out Payment, as applicable, in each case pursuant to the terms of the Pareto Earn-Out Payment or the Healthscape Earn-Out Payment, respectively.
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Payment of Earn-Outs. Each Earn Out will be paid 50% in cash and 50% in RBC Common Stock (with such RBC Common Stock valued at the average reported closing price of RBC Common Stock for the 10 trading day period ending on (and including) the trading day immediately prior to the Payment Date). All the RBC Common Stock delivered as an Earn Out will be held in the Escrow Account and subject to forfeiture as a Penalty as provided in paragraph (a)(vii) and paragraph (c) below. Subject to paragraph (viii) below, all MMB Earn Outs will be payable 40% to Kotok, 40% to Goldberg and 20% xx Xxxenberg. Subject to paragraph (xxxx) xelow, all IA Earn Outs will be payable to Kotok, Greenberg and Goldberg xased xxxx xhe relative percentage of the IA Business attributable to each of them in the Year with respect to which the IA Earn Out is to be paid.
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Payment of Earn-Outs. Subject to Section 3.7, Parent shall pay each Shareholder the amount due such Shareholder, if any, as follows:
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Payment of Earn-Outs. Subject to the provisions of Section 2.8, Buyer shall deliver any Earn-Out Payment to Sellers, or an authorized agent designated by Sellers, based on each Seller’s Proportionate Interest; provided, that notwithstanding anything to the contrary set forth herein, in no event shall Sellers be entitled to receive any Earn-Out Payments in excess of $600,000 in the aggregate.
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Related to Payment of Earn-Outs

  • Payment of Earnings The Borrower undertakes with each Creditor Party to ensure that throughout the Security Period (subject only to provisions of the relevant General Assignment), all the Earnings of each Ship are paid to the Earnings Account for that Ship.

  • Availability of Earnings Statements The Company shall make generally available to holders of its securities as soon as may be practicable but in no event later than the last day of the fifteenth (15th) full calendar month following the calendar quarter in which the most recent effective date occurs in accordance with Rule 158 of the Rules and Regulations, an earnings statement (which need not be audited but shall be in reasonable detail) for a period of twelve (12) months ended commencing after the effective date, and satisfying the provisions of Section 11(a) of the Act (including Rule 158 of the Rules and Regulations).

  • Payment of Reimbursement Amount To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fees, Rule 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, Rule 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO, IDI and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.

  • STATEMENT OF EARNINGS AND PROFITS As promptly as practicable, but in any case within sixty days after the Closing Date, the Acquired Fund shall furnish the Acquiring Fund, in such form as is reasonably satisfactory to the Acquiring Fund, a statement of the earnings and profits of the Acquired Fund for federal income tax purposes that will be carried over by the Acquiring Fund as a result of Section 381 of the Code, and which will be certified by the Trust’s Treasurer.

  • Payment of Salary Executive acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Executive.

  • Sharing of Earnings The Borrower shall procure that no Owner shall:

  • Payment of Bonus Within fifteen (15) days of such termination, the Company shall pay to the Executive his Target Bonus pursuant to Section 3(b), prorated for the number of days of employment completed by the Executive during the year in which his employment terminated.

  • Payment of Bonuses The Bonus payable to an Executive for any Fiscal Year shall be paid in accordance with the following provisions:

  • Payment of Management Fee To facilitate the payment of the Management Fee as provided in Section 5.1 hereof, the Practice hereby expressly authorizes Professional Business Manager to make withdrawals of the Management Fee from the Professional Practice Account as such fee becomes due and payable during the Term in accordance with Section 3.10(a) and after termination as provided in Section 6.3. Professional Business Manager shall deliver to the Practice an invoice for the Management Fee accompanied by a reasonably detailed statement of the information upon which the Management Fee calculation is based.

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

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