Earnout Payments definition

Earnout Payments has the meaning specified in Section 2.7.

Earnout Payments means payments made by the Lead Borrower and/or any of its Restricted Subsidiaries under a contractual arrangement entered into with a seller in connection with the Acquisition or a Permitted Acquisition as part of the consideration given to such seller for such Acquisition or Permitted Acquisition where the amounts of such payments are based upon, and are dependent upon, the business acquired pursuant to such Acquisition or Permitted Acquisition achieving meaningful revenue, earnings or other performance target levels agreed upon in good faith by the Lead Borrower and such seller.

Earnout Payments shall have the meaning set forth in Section 2.2(b)(ii)(A) hereof.

Examples of Earnout Payments in a sentence

• No other Earnout Payments shall be reduced with respect to indemnification claims by the Indemnified Party.

• Nothing contained in this Agreement shall amend or terminate any obligations of ThermoView to make any and all other Earn-out Payments, if earned, under the terms of the Stock Agreement.

• The Earnout Payments payable pursuant to this Section 1.9 do not constitute compensation for services, but rather constitute part of the consideration for the Company Capital Stock purchased by Parent in the Merger and shall be treated as such for all tax purposes.

• The contractor will have to supply one Mechanised boat with experienced manning for handling mooring ropes of vessels for berthing/unberthing.

• Changes in Unit Representation that specifies how changes in unit representation on the Faculty Senate will be implemented, including changes that occur in during a representative’s term of office.

More Definitions of Earnout Payments

Earnout Payments has the meaning set forth in Section 1.11(c).

Earnout Payments means payment obligations of the Borrower or any Restricted Subsidiary owed in connection with an Acquisition permitted hereunder which are required to be made over a period of time and that are contingent upon the Borrower or any Restricted Subsidiary meeting financial performance objectives or similar payments.

Earnout Payments means, in connection with an acquisition of the business by a Consolidated Company, any payments agreed to be made to the sellers in said acquisition as a part of the purchase price, and which payments are based upon certain performance or other standards relating to the business which has been acquired.

Earnout Payments means any payments which any Credit Party is or shall be legally obligated to make to Cecix Xxxxxx xxxsuant to the terms of Section 2(c)(iv) of that certain Employment Agreement dated as of May 18, 1999 by and among Star Bedding Products Limited, Cecix Xxxxxx xxx Sleepmaster L.L.C.

Earnout Payments means, with respect to any period, all earnout payments and other forms of consideration (other than working capital and other similar purchase price adjustments) payable in respect of any Acquisition which payments were contingent as of the date of such Acquisition (and did not constitute a Cost of Acquisition at such date) but which become due and payable without contingency during such period.

Earnout Payments means any amounts payable to Company Equityholders pursuant to Annex 1 hereto.

Earnout Payments shall have the meaning assigned to such term in Section 6.08(c).