Earnout Measurement Period definition

Earnout Measurement Period means each of the Initial Earnout Measurement Period, Second Earnout Measurement Period and Final Earnout Measurement Period.

Earnout Measurement Period means, with respect to a market, each of the consecutive twelve-month periods beginning on the date when the Company or Buyer, as applicable, first manufactures, sells and distributes the Drug in such market, ending on the date that the Drug loses both (a) patent protection and (b) the regulatory exclusivity described in Section 1.5; provided, that in the event that the last Earnout Measurement Period ends prior to the full twelve months of such Earnout Measurement Period, any Net Sales payable for such Earnout Measurement Period shall be calculated pursuant to Section 1.5 based on the Net Sales actually received at the time immediately prior to the end of such Earnout Measurement Period and not on an annualized basis.

Earnout Measurement Period means the twelve (12) month period beginning on the second anniversary of the first calendar day of the first calendar month beginning after the Closing Date.

Examples of Earnout Measurement Period in a sentence

• In line with local authority and government guidelines any unauthorised absence may result in a penalty fine from the local authority.

• Except as otherwise provided in Section 1.7(d), the Earnout Amount shall be equal to (a) the product of (i) EBITDA generated by the Business during the Earnout Measurement Period, (ii) multiplied by ten (10), (iii) multiplied by fifteen percent (15%) minus (b) the Inventory Reserve Shortfall Amount, but in no event less than $0.

• Within forty-five (45) days after the end of each Earnout Measurement Period, Buyer shall prepare and deliver to the Representative a report (the “Earnout Report”) setting forth Buyer’s calculation of Revenue and the resulting Earnout Shares and Earnout Funds.

• For Net Sales in excess of $100 million and up to $400 million during any Earnout Measurement Period, Sellers shall be entitled to an Earnout Amount of 3% of such Net Sales.

• If Seller fails to deliver an Earnout Objections Statement within such forty-five (45) day period, then the calculation of EBITDA during the Earnout Period or the Earnout Measurement Period, as applicable, the Inventory Reserve Shortfall Amount and the resulting Earnout Amount set forth in the Earnout Report shall become final, binding and non-appealable on all Parties and the Earnout Amount set forth therein shall be the final Earnout Amount.

More Definitions of Earnout Measurement Period

Earnout Measurement Period shall have the meaning set forth in the Merger Agreement.

Earnout Measurement Period means each twenty-four (24)-month period ending on an EBITDA Measurement Date.

Earnout Measurement Period means either of the First Earnout Measurement Period or the Second Earnout Measurement Period. “Earnout Obje ctions Statement” has the meaning set forth in S ection 1.7.

Earnout Measurement Period means August 1, 2021 through July 31, 2023.

Earnout Measurement Period means the period beginning at 12:01 a.m. (EDT) on the Closing Date and ending at 11:59 p.m. (EDT) on the day that is three hundred sixty four (364) days after the Closing Date.

Earnout Measurement Period means each of the three (3) calendar years beginning January 1, 2014 through the year ending December 31, 2016.

Earnout Measurement Period shall have the meaning set forth in Section 1.4(c)(ii). * Confidential treatment requested; certain information omitted and filed separately with the SEC.