Earnout Amount definition

Earnout Amount has the meaning set forth in Section 2.5.1b).

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

• For the avoidance of doubt, the Earnout Amount is payable only once and applicable only to either 2021 or 2022, as the case may be (or applicable to neither year if the Purchaser exercises the option described above).

• Because the Earnout Amount was based on the extent to which the Final Capitalized Value of the Property exceeded the Purchase Price (if at all), and a higher NOI would yield a higher Final Capitalized Value, NML’s treatment of the Contingency Fund item as a credit was favorable to Neponset.

• Because this would bring Collins’ Final Capitalized Value figure below the $75,584,764 Purchase Price, no Earnout Amount would be due to Neponset.

• The parties agree to treat any Earnout Amount as an adjustment to the Consideration for U.S. federal, state, local and non-U.S. income tax purposes.

• The Earnout Amount, if any, shall be payable in accordance with, and subject to the terms and conditions of, the Earnout Agreement.

More Definitions of Earnout Amount

Earnout Amount shall have the meaning set forth in Section 2.4.5.

Earnout Amount has the meaning set forth in Section 1.9(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 has the meaning set forth on Exhibit A.

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.

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.