First Anniversary Payment definition

First Anniversary Payment means the payment of 25% of the amount of the Accepted Claim payable by Coalspur on or within two weeks of the First Anniversary Distribution Date to a General Unsecured Creditor who has made an Installment Distribution Election subject to satisfaction of the First Anniversary Condition;

First Anniversary Payment means an amount equal to seventy percent (70%) of the Net Revenue earned by Federated on the Transferred Assets attributable to Tracked Clients for the Fiscal Year beginning on the day after the First Closing Date.

First Anniversary Payment shall have the meaning set forth in Section 4.1. [ * ] [ * ] [ * ] [ * ]

Examples of First Anniversary Payment in a sentence

• We are currently in a dispute with the Bridg Stockholder Representative regarding the amount of the First Anniversary Payment.

• We have agreed to pay at least 30% of the First Anniversary Payment and the Second Anniversary Payment in cash, with the remainder to be paid in cash or our common stock, at our option.

• We are following the dispute resolution process specific to the First Anniversary Payment stated in the merger agreement.

• We expect our minimum cash requirements, inclusive of contractual cash broker fees and transaction bonuses, for the First Anniversary Payment and Second Anniversary Payment to be $43.5 million and $24.9 million, respectively.

• The Shareholders hereby appoint the Principal Shareholders as their representatives and agents (the "Shareholder Representatives") for all purposes --------------------------- related to the collection, receipt and disbursement of the Initial Payment, the First Anniversary Payment, and the Second Anniversary Payment.

More Definitions of First Anniversary Payment

First Anniversary Payment shall have the meaning ascribed to such term in Section 4.3(a).

First Anniversary Payment has the meaning given in clause 7.

First Anniversary Payment has the meaning set forth in Section 203.

First Anniversary Payment is defined in Section 2.2(c).

First Anniversary Payment means an amount equal to sixty percent (60%) of the Net Revenue attributable to each Eligible Account for the Fiscal Year beginning on the day after the First Closing Date.

First Anniversary Payment an amount equal to the product of:

First Anniversary Payment means an amount equal to Thirty Five Million Dollars ($35,000,000).