Annual Earnout Amount definition

Annual Earnout Amount means the sum of $7,600,000.
Annual Earnout Amount means (A) with respect to the Annual Earnout Periods ending December 31, 2008 and December 31, 2009, an amount equal to the lesser of (i) the amount by which Annual EBITDA for such period exceeds the EBITDA Threshold for such period and (ii) the Annual Cap and (B) with respect to the Annual Earnout Period ending December 31, 2010, an amount equal to the lesser of (i) the amount by which the sum of the Annual EBITDA for such period and the TRICARE Amount exceeds the EBITDA Threshold for such period and (ii) the Annual Cap. For the avoidance of doubt, to the extent that any portion of the CMS Reconciliation Payment Amount is paid to or by the Company, with respect to the 2006 plan year, during the Annual Earnout Periods, any such portion of the CMS Reconciliation Payment Amount or other CMS settlement amounts shall be excluded from the calculation of Annual EBITDA for such Annual Earnout Period.
Annual Earnout Amount has the meaning set forth in Section 2.5.3a).

Examples of Annual Earnout Amount in a sentence

  • If you are married and you and your spouse filed separate 2013 tax returns, you must submit tax return transcripts for both you and your spouse.

  • This particular facility is going to draw world-class researchers.

  • The Director may also exercise reasonable discretion when managing special or unique parking circumstances that are not explicitly addressed or covered by this policy.

  • Upon receipt by BP Products of the Maximum Earnout Amount, Buyer shall have no further obligations to BP Products with regard to any Annual Earnout Amount and the calculation of and obligations to provide information under this Article 6 shall cease.

  • Within 10 business days after the final determination of the Annual Earnout Amount pursuant to Section 3.3.(c) below, Cliffstar shall pay to Northland (in addition to any principal payments payable on the Promissory Note during such Earnout Year) an amount equal to the greater of (i) the Minimum Annual Earnout Amount for such Earnout Year or (ii) the Annual Earnout Amount reduced by principal payments made to Northland on the Promissory Note due during such Earnout Year.


More Definitions of Annual Earnout Amount

Annual Earnout Amount shall have the meaning set forth in Section 1.9(b) of the Agreement.
Annual Earnout Amount has the meaning set forth in Section 2.9(b).
Annual Earnout Amount has the meaning given in Section 1.3(a);
Annual Earnout Amount has the meaning set forth in the Cliffstar Purchase Agreement.
Annual Earnout Amount means (A) with respect to the Annual Earnout Periods ending December 31, 2008 and December 31, 2009, an amount equal to fifty-five percent (55%) of the lesser of (i) the amount by which Annual EBITDA for such period exceeds the EBITDA Threshold for such period and (ii) the Annual Cap and (B) with respect to the Annual Earnout Period ending December 31, 2010, an amount equal to fifty-five percent (55%) of the lesser of (i) the amount by which the sum of the Annual EBITDA for such period and the TRICARE Amount exceeds the EBITDA Threshold for such period and (ii) the Annual Cap. For the avoidance of doubt, to the extent that any portion of the CMS Reconciliation Payment Amount is paid to or by the Company, with respect to the 2006 plan year, during the Annual Earnout Periods, any such portion of the CMS Reconciliation Payment Amount or other CMS settlement amounts shall be excluded from the calculation of Annual EBITDA for such Annual Earnout Period.”
Annual Earnout Amount means, for each Earnout Year, an amount equal to thirty percent (30%) of the Pre-Tax Division Earnings for such Earnout Year.
Annual Earnout Amount has the meaning set forth in Section 6.2.2(a).