Maximum Contingent Payment Amount definition

Maximum Contingent Payment Amount means an amount equal to $122,800,000.
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Maximum Contingent Payment Amount is defined in Section 1.6(a).
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Maximum Contingent Payment Amount has the meaning specified in Section 2.04(a).
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Examples of Maximum Contingent Payment Amount in a sentence

  • Within ten (10) Business Days following the Closing, the Company shall deliver to the Buyer a certificate certified by the President of the Company setting forth the calculation of the Maximum Contingent Payment Amount.

  • If the Buyer objects to the calculation of the Maximum Contingent Payment Amount, the Buyer shall deliver to the Company within ten (10) Business Days following the Buyer’s receipt of the Company’s calculation of the Maximum Contingent Payment Amount a written notice setting forth in reasonable detail such objections (a “Maximum Contingent Payment Amount Objection Notice”), together with all supporting documentation.

  • Buyer agrees that during the Contingent Payment Period (as defined in Exhibit 1.4(d)(i)) it will not take any action or refrain from taking any action in the S3 Business, a purpose of which is to prevent or reduce any Contingent Payments or Seller from earning the Maximum Contingent Payment Amount (as defined in Exhibit 1.4(d)(i)).

  • Subject to certain exceptions, the Indenture or the Securities may be amended or supplemented with the written consent of the Holders of a majority in aggregate Annual Maximum Contingent Payment Amount of the Securities then outstanding, and any existing Default or Event of Default or compliance with any provision may be waived with the consent of the Holders of a majority in aggregate principal amount of the Securities then outstanding.

  • The provisions of Section 2(d) of the Original Agreement (and any other provisions of the Original Agreement referencing the maximum Purchase Price or Maximum Contingent Payment Amount) are hereby amended so that the maximum Purchase Price and Maximum Contingent Payment Amount payable under the Purchase Option Agreement reflect the application of the Buyout Amount in lieu of any remaining payments under the Original Agreement as provided in this Amendment.

  • Securities shall be issuable only in registered form without coupons in denominations of $97.70 in Annual Maximum Contingent Payment Amount and any integral multiple thereof.

  • Within one year after the successor Trustee takes office, the Holder or Holders of a majority in Annual Maximum Contingent Payment Amount of the Securities may appoint a successor Trustee to replace the successor Trustee appointed by the Company.

  • Subject to the provisions of Section 7.2(b), within ten (10) days following the final determination of the Gross Revenue for such Measurement Period, Buyer shall pay to the Company an amount equal to Seven and One-Quarter Percent (7.25%) of the Gross Revenue for such Measurement Period; provided, however, that the maximum aggregate payments to which the Seller shall be entitled to hereunder shall not exceed the Maximum Contingent Payment Amount.

  • Subject to certain limitations, Holders of a majority in Annual Maximum Contingent Payment Amount of the Securities then outstanding may direct the Trustee in its exercise of any trust or power.

  • If an Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate Annual Maximum Contingent Payment Amount of Securities then outstanding may declare all the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture.


More Definitions of Maximum Contingent Payment Amount

Maximum Contingent Payment Amount shall be added to Annex A and shall read, “means Thirty Million Dollars (as increased by any Recapture Eligible Amount).”
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Maximum Contingent Payment Amount has the meaning set forth in Section 3.5(a) below.
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Related to Maximum Contingent Payment Amount

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).