Deferred Consideration Date definition
Examples of Deferred Consideration Date in a sentence
Adept shall register the Adept Common Stock to be issued hereunder under a registration statement as soon as practicable after the First or Second Deferred Consideration Date, as applicable.
For the avoidance of doubt, if Panex terminates this Deed prior to the Deferred Consideration Date, Panex shall have no obligation to pay the Deferred Consideration.
Notwithstanding the foregoing, unless specifically set forth in clause 8.7 of this agreement, the Buyers' right to recover against the Seller shall in all cases be limited to the amount of the Deferred Consideration and must be exercised by providing written notice to Seller prior to the Deferred Consideration Date.
Subject to the provisions of Section 3.1(c), each share of TEXONA Common Stock issued and outstanding immediately prior to the Effective Time (other than shares to be canceled in accordance with Section 3.1(a)) shall be converted into the right to receive (i) at the Closing, a Proportionate Share of the TRC Initial Shares, and (ii) on the Deferred Consideration Date, a Proportionate Share of the TRC Deferred Shares, subject to approval by a majority vote of TRC shareholders.
The Company promises to pay the principal in full on the First Deferred Consideration Date, provided that the Company may at any time prepay the principal or any part of it without premium or penalty at any time.
Subject to the provisions of Section 3.1(c), each share of Texona Common Stock issued and outstanding immediately prior to the Effective Time (other than shares to be canceled in accordance with Section 3.1(a)) shall be converted into the right to receive (i) at the Closing, a Proportionate Share of the TRC Initial Shares, and (ii) on the Deferred Consideration Date, a Proportionate Share of the TRC Deferred Shares, subject to the approval by a majority vote of the TRC shareholders.
APPENDIX A FORM OF FIRST CONSIDERATION NOTE PROMISSORY NOTE Due [name actual date of First Deferred Consideration Date], 1999 [ ], 1996 This Promissory Note issued pursuant to the call option agreement dated [ ] entered into between (1) Flextronics International Ltd and (2) Fico Forest Industrial Co. Limited ("CALL OPTION AGREEMENT") Terms defined in the Call Option Agreement shall unless the context otherwise require, bear the same meaning in this First Consideration Note.
The Company promises to pay the principal in full on the Second Deferred Consideration Date, provided that the Company may at any time prepay the principal or any part of it without premium or penalty at any time.