First Cash Payment definition

First Cash Payment shall have the meaning specified in Section 1.1(a).
Sample 1
First Cash Payment has the meaning set forth in Section 2.3 of this Agreement.
Sample 1
First Cash Payment means US$7 million minus the Off-Set Amount.
Sample 1

Examples of First Cash Payment in a sentence

  • Upon the Closing, Parent shall hold back from the First Cash Payment payable to the Company Members pursuant to Section 5(b)(ii) $200,000.00 (the “Expense Fund Amount”) and shall wire the Expense Fund Amount to the Representative.

  • The Buyer covenants and agrees that it shall ensure and take all necessary steps to ensure that at Closing the Buyer will have sufficient funds on hand to pay the First Cash Payment in full.

  • CDRE may choose to fulfill this indemnity by deducting from the First Cash Payment, Second Cash Payment, or the Alternate Second Cash Payment, as the case may be, the sums which become due under this indemnity, and Network Imaging hereby agrees that such setoff shall be satisfactory performance to Network Imaging of the indemnity obligations of CDRE hereunder.

  • The capacity of the machines shall be suitable for manufacturing the required job: S.

  • Network Imaging shall pay to CDRE interest payments on the aggregate principal amounts of the First Cash Payment, or part thereof, and the Second Cash Payment in the amount of eight percent (8%) per annum commencing on October 1, 1996 and continuing until such time as the date of the First Cash Payment, or part thereof, and the Second Cash Payment under Section 1 herein.

  • Upon receipt of a copy of this letter signed by Petrolite Corporation we will wire transfer to your account the First Cash Payment of One Million Dollars ($1,000,000).

  • In the event of the death or disability of Grantee, the Cash Payments shall both be made, or if the First Cash Payment has already been made, the Second Cash Payment shall be made, no later than the 15th day following the date of death or disability.

  • Copies of the survey, plus QR codes in English and Spanish are available.

  • Two hundred fifty thousand U.S. Dollars ($250,000) payable on or before June 30, 2014 (the “Second Cash Payment,” together with the First Cash Payment, the “Cash Closing Consideration”); provided, that, if the Second Cash payment is not paid to Seller on or before June 30, 2014, then the amount of the Second Cash Payment shall be increased from two hundred fifty thousand U.S. Dollars ($250,000) to three hundred thousand U.S. Dollars ($300,000).

  • Taxpayers would be able to avoid head office interest expense attribution by demonstrating to the satisfaction of the Commissioner that foreign law did not attribute the interest expense to the natural branch or hybrid entity.


More Definitions of First Cash Payment

First Cash Payment means $15,000,000.
Sample 1
First Cash Payment has the meaning given to that term in the Share Purchase Agreement.
Sample 1
First Cash Payment has the meaning assigned to such term in the Acquisition Amendment;
Sample 1
First Cash Payment shall have the meaning set forth in Section 2.2.
Sample 1

Related to First Cash Payment

  • Cash Payment has the meaning set forth in Section 2.2(b).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration.

  • Company Cash means all cash and cash equivalents of the Company (including marketable securities and short-term investments), in each case determined in accordance with GAAP.

  • Petty Cash means a sum of money set aside on an imprest basis for the purpose of making change or paying small obligations.

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

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Earnout Consideration shall have the meaning specified in Section 2.03(b).

  • Earn-Out Consideration is defined in Section 2.5(c).