Earnout Payment definition

Earnout Payment has the meaning set forth in Section 2.3(b).

Earnout Payment has the meaning set forth in Section 5.3.

Earnout Payment as defined in Section 2.6(a).

Examples of Earnout Payment in a sentence

• Subject to Section 1.04(g) any Earn-out Payment that Buyer is required to pay pursuant to Section 1.04(a) hereof shall be paid in full no later than 5 Business Days following the date upon which the determination of the Earn- Out Payment for the applicable Calculation Period becomes final and binding upon the parties as provided in Section 1.04(b)(ii)(including any final resolution of any dispute raised by Seller Representative in an Earn-out Calculation Objection Notice)..

• Also, later communications involving Long, Nicole, and Brenner indicate that they understood that calculation of the First Earn-out Payment was ongoing.

• The difference resulting from the full amount of the Year 2001 Earn-out Payment and the reduced Earn-out Payment actually received hereunder shall be forfeited without any claw-back or other recourse.

• Nicole argues with respect to both claims that the February 4 Earn-out Calculation became final and binding as the First Earn-out Payment on March 22, 2019, and that Defendants breached the Agreement by failing to make the First Earn-out Payment within five business days thereof.

• The Second Earn-out Payment is the sum of the 2019 Earn-out Payment and the 2020 Earn-out Payment.

More Definitions of Earnout Payment

Earnout Payment shall have the meaning set forth in Section 3.3(a).

Earnout Payment shall have the meaning set forth in Section 1.9.

Earnout Payment shall have the meaning set forth in Section 1.7(b) of this Agreement.

Earnout Payment. As defined in Section 2.3(c)(i).

Earnout Payment means any additional payment required to be made to Dx. Xxxxxxxxx Xxx pursuant to the Stock Purchase Agreement, dated as of July 31, 2002, between Nxxxxxxxx Xxx and Mxxxxxx Xxx, as sellers, and Tensar and Holdings, as buyers, pertaining to the purchase of the stock and business of Geopier Foundation, Inc. and Geotechnical Reinforcement Company, Inc. (the “Geopier Agreement”) in an amount equal to 50% of the amount by which the combined “EBITDA” (as defined in the Geopier Agreement) of Geopier Foundation Company, Inc., a Georgia corporation, and Geotechnical Reinforcement Company, Inc., a Georgia corporation, for the fiscal year 2005 exceeds $3,498,012.50.

Earnout Payment means each of (a) the First Earnout Payment, (b) the Second Earnout Payment, (c) the Third Earnout Payment or (d) the Fourth Earnout Payment, as applicable.

Earnout Payment means, in connection with any acquisition permitted hereunder, the obligation to pay a portion of the purchase price after the closing date thereof to the extent such obligation is structured as an earnout or similar contingent payment, whether such payment is based on changes in earnings, specified revenue targets or otherwise.