Initial Earnout Consideration definition

Initial Earnout Consideration means an amount equal to (i) 2.75 multiplied by (ii) the amount (if any) by which the Net Revenue of the Initial Earnout Period exceeds $6,058,762.00. For clarity, the Initial Earnout Consideration can never be a negative number.
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Initial Earnout Consideration means up to Five Million Seven Hundred Fifty Thousand and 00/100 Dollars ($5,750,000.00), payable as follows: (i) Two Million Eight Hundred Seventy-Five Thousand and 00/100 Dollars ($2,875,000.00) payable in the form of cash, and (ii) (A) the number of shares of Buyer Common Stock equal to Two Million Eight Hundred Seventy-Five Thousand and 00/100 Dollars ($2,875,000.00), divided by (B) the Earnout Share Price, rounded up to the nearest whole number of shares.
Sample 1Sample 2
Initial Earnout Consideration means up to Three Hundred Fifty Thousand and 00/100 Dollars ($350,000.00), payable as follows: (i) Seventy-Five Thousand and 00/100 Dollars ($75,000.00) payable in the form of cash, and (ii) (A) the number of shares of Buyer Common Stock equal to Two Hundred Seventy-Five Thousand and 00/100 Dollars, divided by (B) the Earnout Share Price, rounded up to the nearest whole number of shares.
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Examples of Initial Earnout Consideration in a sentence

  • Such registration statement will be filed no later than 30 days following the date of payment of the Initial Earnout Consideration and will be amended within 30 days following the issuance of any Subsequent Earnout Consideration.

  • Outcomes for this study include to develop a more detailed understanding of how PA support operates in the lives of families with disabled parents.


More Definitions of Initial Earnout Consideration

Initial Earnout Consideration means an amount not to exceed One Million and 00/100 Dollars ($1,000,000.00), subject to adjustment as more specifically set forth hereinbelow, payable as follows: (i) Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) payable in the form of cash, and (ii) (A) the number of shares of Buyer Common Stock equal to Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00), divided by (B) the Initial Earnout Share Price, rounded up to the nearest whole number of shares.
Sample 1
Initial Earnout Consideration has the meaning set forth in Section 2.9(a).
Sample 1
Initial Earnout Consideration means an amount equal to Three Million Dollars ($3,000,000).
Sample 1

Related to Initial Earnout Consideration

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

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

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

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

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

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

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

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

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

  • Earnout Payments has the meaning specified in Section 2.7.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

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

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

  • Total Consideration means, with respect to any Acquisition, all cash and non-cash consideration, including the amount of Indebtedness assumed by the buyer and the amount of Indebtedness evidenced by notes issued by the buyer to the seller, the maximum amount payable in connection with any deferred purchase price obligation (including any Earn-Out Obligation) and the value of any Capital Stock of any Loan Party issued to the seller in connection with such Acquisition.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero:

  • Deferred Consideration shall have the meaning ascribed to such term in Section 4(d).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Base Consideration has the meaning set forth in Section 1.2.