GE Payment definition
GE Payment means the payment to be made to GEPP in the amount of $1,528,250 in satisfaction of the Permitted Lien.
Examples of GE Payment in a sentence
Subject to adjustment as provided in Section 2.2(d), the aggregate purchase price payable by Buyer to Seller for the Interests shall be $15,282,500, representing the sum of the Deposit ($1,500,000), the GE Payment ($1,528,250) and the Seller’s Closing Payment ($12,254,250) (the “Purchase Price”) in cash.
On or after the Closing Date, Buyer shall deliver the GE Payment to GEPP.
The aggregate number of shares of ATA Common Stock, OP Units or LTIP units in the Make-Whole Pool will equal the following: Where: X= the aggregate amount of any G&E Payment and any Mission Award less a $250,000 deductible.