Earnout Amount definition

Earnout Amount has the meaning set forth in Section 2.15(a).

Earnout Amount has the meaning specified in Section 3.4(a).

Earnout Amount has the meaning set forth in Section 2.7(a).

Examples of Earnout Amount in a sentence

• The Earnout Amount set forth in such Net Revenue Statement shall become final and binding upon the Parties if (i) the Beneficiary notifies the Company in writing of its acceptance of the Net Revenue Statement or (ii) the Beneficiary has not given written notice to the Company of any objections to the Net Revenue Statement, setting forth in reasonable detail the basis for such objections (an “Objection Notice”), within 10 Business Days following the Beneficiary’s receipt thereof.

More Definitions of Earnout Amount

Earnout Amount shall have the meaning set forth in Section 3.6.

Earnout Amount has the meaning set forth in Section 1.9(a).

Earnout Amount has the meaning set forth on Exhibit A.

Earnout Amount means, with respect to any Earnout Period, an amount equal to the product of (i) the Business Profit for such Earnout Period, multiplied by (ii) 50%; provided that in no event shall the Earnout Amount be less than zero.

Earnout Amount means, with respect to any Earnout Measurement Period, the positive amount (if any) equal to (i) the product of (A) two (2) multiplied by (B) the excess (if any) of (x) the amount of Georgia EBITDA for such Earnout Measurement Period over (y) One Hundred Million Dollars ($100,000,000) minus (ii) the aggregate Earnout Amount(s) (if any) previously paid to the Seller (or previously offset against any payment obligations of Seller pursuant to, and subject to the terms and conditions of, Section 9.4(d) of the Share Purchase Agreement) with respect to all prior Earnout Measurement Periods; provided, that in no event shall the aggregate amount of all Earnout Amount(s) payable by the Purchaser hereunder (including any such amounts offset against payment obligations of Seller pursuant to, and subject to the terms and conditions of, Section 9.4(d) of the Share Purchase Agreement) exceed the Maximum Earnout Amount.

Earnout Amount means an amount in cash equal to the amount determined pursuant to one, but only one, of the following clauses (i) through (ii): (i) if Net Sales for the Earnout Period are less than $500,000,000, zero Dollars; or (ii) otherwise, an amount equal to $50,000,000.

Earnout Amount means forty-four and six tenths percent (44.6%) of the excess, if any, of the price at which Santa Fe sells the Property (with any promissory note valued at its full face amount) less closing costs of such Property sale transaction, over the Appraised Value.