Earnout Payment definition

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

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Earnout Payment as defined in Section 2.6(a).

Earnout Payment has the meaning set forth in Section 5.3.

Examples of Earnout Payment in a sentence

• No interest shall accrue or be payable with respect to any such Earnout Payment, or any portion thereof.

• During the Earnout Dispute Period and until the final determination of any Earnout Disputed Items, Sellers and their Representatives will be given reasonable access to work papers and back-up materials that support Purchaser’s calculation of any Earnout Disputed Items or that are otherwise reasonably required to calculate the Earnout Payment.

• Notwithstanding the foregoing, unless any requisite Parent stockholder approval is obtained, the number of Units to be paid in the Earnout Payment pursuant to this Agreement, when combined with the Equity Consideration, shall not equal or exceed an aggregate of 20% of the number of shares of Parent Common Stock issued and outstanding as of the date of this Agreement, and any Earnout Payment in excess of such amount shall be paid in cash in U.S. dollars.

• Purchaser shall pay the 2030 Earnout Payment, if any, within ten (10) Business Days of conclusively determining the 2030 Earnout Payment in accordance with Section 2.08(d).

• As additional consideration for the Equity Interests, Sellers shall be entitled to receive additional consideration from Purchaser of up to $60,000,000 (the “Maximum Earnout Payment Amount” and any such additional consideration paid in accordance with this Section 2.08, an “Earnout Payment”).

More Definitions of Earnout Payment

Earnout Payment shall have the meaning set forth in Section 2.6(a).

Earnout Payment shall have the meaning set forth in Section 1.4(a).

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

Earnout Payment means the sum of (x) the cash amount of any Earnout Consideration actually paid to the Seller, plus (y) the Earnout Share Consideration actually issued to Seller.

Earnout Payment means, for any Earnout Period, an amount of the excess, if any, of Available Cash, over the Retained Amount.

Earnout Payment means, collectively, any payment made to Seller in respect of Section 2.7(b) below in respect of any Earnout Period.

Earnout Payment means any additional payment required to be made to D▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇ pursuant to the Stock Purchase Agreement, dated as of July 31, 2002, between N▇▇▇▇▇▇▇▇ ▇▇▇ and M▇▇▇▇▇▇ ▇▇▇, 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.