Initial Top-Up Payment definition

Initial Top-Up Payment has the meaning set forth in Section 1.04(c).
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Examples of Initial Top-Up Payment in a sentence

  • The aggregate Initial Top-Up Payment may be paid by the Buyer, at its election, either in cash or by executing and delivering to the Company a promissory note having a principal amount equal to such payment, or by any combination of cash and such promissory note.

  • The aggregate Initial Top-Up Payment (calculated by multiplying the number of such Top-Up Shares by the Offer Price) shall be paid to the Company at Parent’s election, either (i) entirely in cash, by wire transfer of same-day funds or (ii) by issuing to the Company a promissory note having a principal amount equal to the aggregate purchase price pursuant to the Top-Up Option (the “Promissory Note”).

  • In the event that aggregate B▇▇▇▇▇▇▇ for 2010 and 2011 shall be at least $20,000,000, but the Initial Top-Up Payment shall not have been earned based on 2010 B▇▇▇▇▇▇▇, IMS Holdco shall be entitled to receive the Initial Top-Up Payment at the time the Second Top-Up Payment is paid.

  • In the event that aggregate B▇▇▇▇▇▇▇ for 2010, 2011 and 2012 shall be at least $30,000,000, but either the Initial Top-Up Payment or the Second Top-Up Payment shall not have previously been earned, IMS Holdco shall be entitled to receive any such unpaid Initial Top-Up Payment or Second Top-Up Payment at the time the Third Top-Up Payment is paid.

  • The aggregate Initial Top-Up Payment shall be paid by the Purchaser in cash.

Related to Initial Top-Up Payment

  • Initial Trip Payment means the first payment made to the Insured’s Travel Supplier toward the cost of the Insured’s Trip.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Class A-2 Final Scheduled Distribution Date means the Distribution Date.