ATG Payment definition

ATG Payment means the payment to the Debtor or the Liquidating Trust by (a) the buyer of ATG’s assets or equity interests or (b) the Carsons, as applicable, of $1.6 million on the Effective Date.

Examples of ATG Payment in a sentence

  • Any such increase may be paid, at Buyer's option, by any combination of (i) an increase in the aggregate principal amount of the Notes or (ii) an increase in the ATG Payment; provided that in no case shall the ratio of the aggregate principal amount of the Notes to the Purchase Price exceed 4:1.