Further Consideration definition
Examples of Further Consideration in a sentence
In the event that an Approval is subsequently granted in respect of such Product the Purchaser will use reasonable commercial efforts to file a Registration Statement on Form F-3 (to the extent available) or Form F-1 in respect of the relevant Further Consideration Shares within 60 days of the date on which the relevant Vendor Response Notice is received and to cause such Registration Statement to become effective as soon as possible thereafter.
Transferees Obligations: the obligations and restrictions on the Transferee contained in the Original Agreement including the obligation to pay the Further Consideration.
Alternatives Analysis Identify the (1) Build Alternative(s),), (2) No-Build Alternative, and (3) Preliminary Alternatives Considered but Eliminated from Further Consideration Required Technical Reports will be identified by the State based on the SDT and the findings and results of the identified Environmental Documents.
In the event either of the two conditions set out above are not satisfied, then no amount of Further Consideration will be payable, whatsoever.
If the Purchaser is in default under this Agreement of its obligation to pay any Financial Obligation the Purchaser Guarantor shall pay the Further Consideration as if it were a party to the Agreement.
Following such sale in accordance with the provisions of this clause the Purchaser and the Company shall be relieved from all obligations under this Agreement in connection with the Company Intellectual Property sold (including, for the avoidance of doubt, to pay any Further Consideration in the event that any third party obtains any Approval in respect of such Company Intellectual Property sold).
The Buyer shall have the right, in its sole discretion, to set off any or all of such deficiency against the Further Consideration and/or any Contingent Consideration payable pursuant to this Agreement.
On completion of the Improvements and payment by the Purchaser to the Developer of the cost of Improvements the Developer shall be entitled to deduct the following therefrom before paying the Further Consideration, if any, to the Owner : • the Marketing fee; • the Project Management fee; 5% of the building cost • and/or any Owner’s Debts disbursed by it.
On 23 December 2022 (after trading hours), the Company and the Former Shareholders of the Target Company entered into the Sixth Supplemental Agreement, pursuant to which the Former Shareholders and the Target Company agreed further on the arrangement of the Consideration Shares and Further Consideration Price.
This Clause 1.2 shall cover circumstances involving resales of Further Consideration Shares after the Initial Registration Statement has ceased to be in effect.