Post-Closing Incentive Consideration definition

Post-Closing Incentive Consideration means “Post-Closing Incentive Consideration” as defined in the Purchase Agreement.
Post-Closing Incentive Consideration as defined in Subsection 2.7.1.

Examples of Post-Closing Incentive Consideration in a sentence

  • None of Seller or any of its Subsidiaries is involved in the development of any products reasonably likely to lead to a reduction or termination of Post-Closing Incentive Consideration payments under the Product Agreements, nor, to the Knowledge of Seller, is any Counterparty.

  • In the event that Seller commences and prosecutes legal action as provided in the preceding sentence, Buyer shall not be [***] in such legal action and Post-Closing Incentive Consideration shall remain at [***] of the Net Sales for each Quarter to a purchaser or end user of the Products in the applicable country where Competing Product is being sold as provided in the sub part (b) of the second sentence of this Subsection until such time, if ever, as Competing Product is no longer sold in such country.

  • Post-Closing Incentive Consideration based upon Net Sales shall begin to accrue on the date of the First Commercial Sale.

Related to Post-Closing Incentive Consideration