Examples of Alternative Transaction Consideration in a sentence
Any assignment of non-cash items of Alternative Transaction Consideration by Stockholder hereunder shall be free and clear of all Liens (other than those arising under the terms of the Alternative Transaction Consideration assigned) and shall include any registration or similar rights to which the Stockholder is entitled.
Any payment of cash items of Alternative Transaction Consideration by Stockholder hereunder shall be made to Parent or its designee, within two (2) business days of its receipt by the Stockholder.
If clause (i) is not applicable and if a Profit is determined to exist, then, at such time as a Profit Receipt Date (as defined herein) has occurred, Stockholder shall then promptly assign to Parent ninety percent (90%) of the amount of all Alternative Transaction Consideration that is payable or that may be received from and after the Profit Receipt Date.