Earn-Out Threshold definition

Earn-Out Threshold has the meaning set forth in Section 2.5(b)(i).

Earn-Out Threshold means $44,000,000.

Earn-Out Threshold means the attainment of property wide Occupancy at the Central Fairwinds property equaling or exceeding 70%, and, if applicable, thereafter the attainment of Occupancy equaling or exceeding 80%, and, if applicable, thereafter the attainment of Occupancy equaling or exceeding, 90%.

Examples of Earn-Out Threshold in a sentence

• Pursuant to the Share Sale Agreement, the Vendors are entitled to the an earn–out incentive, payable by way of fully paid ordinary shares in the Company (RMA Earn-Out Shares) where the average earnings before income tax (EBIT) of RMA over the earn out period multiplied by 4 exceeds $6 million (Earn-Out Threshold), subject to a maximum value of $6 million.

• In the event that Assetplus acquires additional OSRV vessels to service the two remaining Petrobras Time Charters, then Sellers will be entitled to receive the Additional Earn-Out Payment if Nautilus achieves the Additional EBITDA Earn-Out Threshold per vessel.

• If the Company’s After-Tax Net Earnings during the first 12 months following the Closing Date exceed the Earn-Out Threshold, then the Purchaser shall pay to the Shareholders an amount equal to 80% of such excess.

• Pursuant to the Share Sale Agreement, the Vendors are entitled to a yearly earn–out incentive, to be satisfied by way of fully paid ordinary shares in the Company (MICRA Earn-Out Shares) where the earnings before income tax (EBIT) of MICRA over the earn-out period exceeds $300,000 (Earn-Out Threshold), subject to a maximum earn out incentive of$300,000.

• The consideration for the BMB Businesses consisted of a mix of cash and equity.In accordance with the terms of the Business Sale Agreement, the Vendors are entitled to a yearly earn–out incentive, payable by way of fully paid ordinary shares in the Company (BMB Earn-Out Shares) where the earnings before income tax (EBIT) of the BMB Business during the specified earn out period exceed $1,300,000 (Earn-Out Threshold), subject to a maximum earn out incentive of $666,666.

More Definitions of Earn-Out Threshold

Earn-Out Threshold has the meaning set forth in Section 2.3(a).

Earn-Out Threshold has the meaning set forth on Annex C hereto.

Earn-Out Threshold has the meaning set forth in §2.7(d).

Earn-Out Threshold shall initially mean $5,000,000, subject to adjustment as provided below.

Earn-Out Threshold means an amount equal to Twenty Seven Million Three Hundred Seventy Five Thousand Dollars ($27,375,000).

Earn-Out Threshold means Nine Million One Hundred Thousand Dollars ($9,100,000).

Earn-Out Threshold is as defined in Section 2.7.