Buy-back Payment definition
Buy-back Payment has the meaning given in Section C paragraph 3.1.11 of the IUK Access Code;
Buy-back Payment has the meaning given in Section C paragraph 3.1.11 of the IUK Access Code; “Buy-back Period” has the meaning given in Section C paragraph 3.1.1 of the IUK Access Code;
Buy-back Payment means the payment by the Settling Insurers to the Plan Trust of a sum equal to fifty percent (50%) of their respective portion of the Insurance Settlement Amount for the buy-back of all interests of the Catholic Entities in the Settling Insurer Policies.
Examples of Buy-back Payment in a sentence
As used in this Agreement, the term “Purchase Price” will include the amount of the Buy-back Payment.
Buyer will pay to the Shareholders that portion of the Buy-back Payment in cash that equals the amount of the payment(s) made by any customer on a Buy-back Account, which payment(s) shall be made as soon as practicable after receipt of payment from the customer but in no event later than ten (10) days after such receipt.
If Bump chooses to exercise the Option within thirty (30) days of receiving the Buyback Intent pursuant to clause (ii) below, the Option Buyback Payment shall be no longer owed, or if has already been paid, it will be returned to Fn(x).
More Definitions of Buy-back Payment
Buy-back Payment shall have the meaning assigned to it in Section 12.1(d).
Buy-back Payment means the payment by the Settling Insurers to the Plan Trust of a
Buy-back Payment means [***]; provided, however that if prior to the occurrence of such Chiesi Change of Control one or more of Event Milestones 2 through 4 have been achieved, such [***] figure in Section 12.1(d)(ii) shall be increased by an amount equal to [***] of the amount of such achieved Event Milestone (for example, if Event Milestones 2 and 3 have been achieved prior to such Chiesi Change of Control, the figure in Section 12.1(d)(ii) shall be increased to [***]). Upon receipt of the termination notice from Protalix, Chiesi must within [***] issue an invoice for the applicable Buy-Back Payment. Such termination will take effect on the first Business Day following written agreement by Protalix to pay the applicable Buy-Back Payment, which must be delivered within [***] of receipt of an invoice provided by Chiesi for a Buy-Back Payment amount that is not disputed by Protalix in good faith. For the avoidance of doubt, until such dispute is resolved pursuant to Section 14.2, such termination will not take effect. For the avoidance of doubt, for so long as this Agreement and the Ex-US Agreement are both in effect, this Section 12.1(d) and Section 12.1(d) under the Ex-US Agreement shall both apply.
Buy-back Payment means [***]. Upon receipt of the termination notice from Protalix, Chiesi must within [***] issue an invoice for the applicable Buy-Back Payment. Such termination will take effect on the first Business Day following written agreement by Protalix to pay the applicable Buy-Back Payment, which must be delivered within [***] of receipt of an invoice provided by Chiesi for a Buy-Back Payment amount that is not disputed by Protalix in good faith. For the avoidance of doubt, until such dispute is resolved pursuant to Section 14.2, such termination will not take effect.