Examples of Contingent Payment Calculation in a sentence
If SCM and the Shareholders' Agent are unable to resolve any disputed item and are therefore unable to agree as to the Contingent Payment Calculation Certificate within 10 days following the expiration of the Review Period, then (i) SCM shall cause to be paid that portion, if any, of any Contingent Merger Consideration payment that is not in dispute and (ii) such dispute shall be resolved by arbitration in the same manner as provided in Section 8.2(f)(ii) with respect to Escrow Fund disputes.
At any time within 20 days following the delivery of the Contingent Payment Calculation Certificate by SCM to the Shareholders' Agent (the "Review Period"), the Shareholders' Agent may dispute any amounts reflected or not reflected in the calculation of the Contingent Merger Consideration payable with respect to such Period and the Shareholders' Agent will notify SCM of each such disputed item, and will specify the amount thereof in dispute, not later than the expiration of the Review Period.
ICL mainframe systems (both 1900 and VME PERT) continued in use through to the 1990s.
The calculation of any Contingent Merger Consideration payment for any Period (as determined in accordance with Schedule 1.14) shall be set forth in a certificate (the "Contingent Payment Calculation Certificate") setting forth in reasonable detail the calculation of the Contingent Merger Consideration, if any, payable with respect to such Period, which certificate shall be certified by the Chief Financial Officer of SCM.
Notwithstanding anything to the contrary above, the parties agree that Buyer will be obligated to pay a Contingent Payment in cash if, on the Contingent Payment Calculation Date, Buyer’s common stock is not quoted or listed, as applicable, on The Nasdaq Stock Market or The New York Stock Exchange, or Buyer has received a written notice from The Nasdaq Stock Market or The New York Stock Exchange, as applicable, that its common stock will be delisted and such notice has not been rescinded.
The Contingent Payment Calculation Certificate shall be delivered to the Shareholders' Agent (with a copy to Bingxxx Xxxx XXX as specified in Section 9.4 herein) as soon as practicable after the end of each Period but in any event within fourteen (14) days of the last day of such Period.
If SCM and the Shareholders' Agent are able to resolve all the disputed items, then the Contingent Payment Calculation Certificate agreed upon by SCM and the Shareholders' Agent will be final, binding and conclusive on the parties hereto.
SCM will give the Shareholders' Agent and its representatives reasonable access during normal business hours to the relevant books and records of the Company as required to verify the accuracy of the Contingent Payment Calculation Certificate.