Earn-Out Event definition

Earn-Out Event has the meaning set forth in Section 2.08(a).
Earn-Out Event has the meaning set forth in Section 1.10(a).
Earn-Out Event means the achievement by the Surviving Pubco of the trading levels resulting in an issuance of additional Surviving Pubco shares to Legacy Members under Section 2.5 of the Master Transaction Agreement.

Examples of Earn-Out Event in a sentence

  • Upon the occurrence of a FirstPro Earn-Out Event, Calloway has agreed to pay the FirstPro Earn-Out Proceeds to FirstPro.

  • Seller may exercise such right within 60 days after obtaining actual knowledge that such Special Earn-Out Event has occurred (the date of such occurrence, the “Special Earn-Out Trigger Date”) by providing written notice to Buyer of such request, which notice shall also describe the reasons supporting the request (a “Special Earn-Out Notice”).

  • If a Special Earn-Out Event occurs, Seller will have the right to require, in lieu of the Contingent Consideration payable pursuant to this Annex A, a special payment in accordance with this Section 1.7 of Annex A.

  • The guidance presents four ‘ready-made’ options for calculating MRP but other options are not ruled out provided they are consistent with the statutory duty to make prudent provision.

  • Upon the occurrence of an Earn-Out Event, Calloway will agree to pay the Earn-Out Proceeds to the Partnership as calculated in the manner set out in the Purchase Agreement.


More Definitions of Earn-Out Event

Earn-Out Event means the receipt by Buyer of a firm purchase order from Seller or Seller's licensee or sublicensee to manufacture the Aczone product in a quantity equal to [**] or more of the sales forecasted (by Seller or Seller's licensee) for the twelve month period immediately following the commercial launch of the Aczone product in the United States of America, pursuant to and in accordance with the terms of the Aczone(R) Manufacturing and Supply Agreement at any time after the Effective Date and prior to [**].
Earn-Out Event. For purposes of this Agreement, (A) “Sublicense Event” shall mean, if Seller approves a Designated Xxxx other than “Material Girl,” and such Designated Xxxx is approved for exploitation under any Sublicense by the parties thereto (as such terms are defined in the License Agreement); and (B) “Fragrance Event” shall mean, if Seller approves a scent for a women’s fragrance (as listed on Schedule B to the License Agreement) and such women’s fragrance is approved for exploitation under any Sublicense by the parties thereto.
Earn-Out Event means the event where the Company Group first reports that there has been, in aggregate, no less than 200 department stores, grocery stores, pharmacies, supermarkets and other retail stores or vendors, each with a gross floor area of no less than 500 square meters, engaged in selling the Company Group’s personal care products or other consumer goods.
Earn-Out Event means the Earn-out Event I or the Earn-out Event II.
Earn-Out Event shall have the meaning set forth in Section 3.8(a).
Earn-Out Event means an event in the period between Completion and 31 December 2018 whereby the Purchaser (a) divests the Group as a whole or substantially the entire Group, as a result of which all Group Companies or those Group Companies representing substantially the entire Group cease to be Affiliates of the Purchaser or (b) sells and transfers the entire or substantially all of business of the Group as a whole to a third-party (i.e. to a party that is not an Affiliate of the Purchaser or any member of the Group);
Earn-Out Event has the meaning set forth in the Purchase Agreement.