Maximum Earnout Payment definition

Maximum Earnout Payment means the following payments, corresponding to the applicable Earnout Period: (i) for the first Earnout Period, 25% of the Earnout Consideration; (ii) for the second Earnout Period, 25% of the Earnout Consideration; and (iii) for the third Earnout Period, 50% of the Earnout Consideration.
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Maximum Earnout Payment means $750,000,000.
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Maximum Earnout Payment shall have the meaning set forth in Section 2.2(b).
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Examples of Maximum Earnout Payment in a sentence

  • The debate continues into theextent to which demand and/or supply issues are contributing to lower levels of lending to SMEs.The Business Finance Taskforce was set up in July 2010 to review this key issue of bankfinance and how the banks could help the UK to return to sustainable growth.

  • Buyer shall pay to the Shareholders the Maximum Earn-out Payment or Pro-Rata Earn- Out Payment (whichever is applicable) in cash by wire transfer of immediately available funds to the bank account for the Shareholders set forth in Section 1.03 of the Disclosure Schedule.

  • For the avoidance of doubt and by way of example, if the conditions precedent to the payment of the Maximum Earn-out Payment or Pro-Rata Earn-out Payment (whichever is applicable) are not satisfied, then Buyer would not be obligated to pay the Maximum Earn-out Payment or Pro-Rata Earn-out Payment.

  • Buyer’s obligation to pay either the Maximum Earn-out Payment or Pro-Rata Earn-out Payment (whichever is applicable) to the Shareholders is an independent obligation of Buyer and is not otherwise conditioned or contingent upon the satisfaction of any other conditions precedent except for the conditions precedent specifically related to those Payments.


More Definitions of Maximum Earnout Payment

Maximum Earnout Payment means SEVEN MILLION FIVE HUNDRED THOUSAND EURO ((euro)7,500,000).
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Maximum Earnout Payment means $5,000,000.
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Maximum Earnout Payment. As defined in Section 1.4(c).
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Maximum Earnout Payment means: (i) for the April 30, 1999 Earnout Payment Date, an amount equal to $54.0 million and (ii) for the Earnout Payments for April 30, 2000 and 2001, an amount equal to $25.5 million.
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Maximum Earnout Payment has the meaning specified in Section 3.9(a).
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Maximum Earnout Payment means ONE MILLION DOLLARS ($1,000,000).
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Maximum Earnout Payment means, with respect to each of the First Earnout Payment and the Second Earnout Payment, $9,560,000.
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