Examples of Post-Closing Payment in a sentence
This Agreement and the Security Interest will terminate on the date on which the Post-Closing Payment Obligations have been satisfied in full pursuant to the terms and subject to the conditions of the Asset Purchase Agreement (the “Term”).
Payment to Shareholder of his portion of the Post-Closing Payment shall be made in the same manner as payments under the Additional Short-Term Note.
Except with respect to any disputes, which shall be fully and finally resolved using the procedures set forth in Section 1.5(d) above, on the Post-Closing Payment Date, Reinsurer shall cause Administrator to redeem assets from the Separate Account and forward the cash to Ceding Company or Ceding Company shall contribute cash to the Separate Account equal to the Separate Account True-Up Amount.
The Severance Stock Award, the Severance Cash Award and the Post-Closing Payment, as applicable, shall be paid within sixty (60) days of the date of the Qualifying Termination.
Each Guaranteed Post-Closing Payment shall be equal to Nine Thousand Seven Hundred Fifty-One Dollars and Fifty-Five Cents ($9,751.55).