Subsequent Closing Payment Amount definition

Subsequent Closing Payment Amount means an amount (payable in the form or forms of consideration set forth in Section 2.9 hereof) equal to three million dollars ($3,000,000), subject to adjustment pursuant to the terms of this Agreement.
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Examples of Subsequent Closing Payment Amount in a sentence

  • The NASD suggests that the proposed rule change become effective 45 days after approval by the Commission and the Commission believes that this is reasonable.IV.

  • In the event that Parent elects to pay all or any portion of the Subsequent Closing Payment Amount through the issuance of shares of Parent Common Stock, then Parent, in its sole discretion, shall be entitled to restrict any such issuance of Parent Common Stock to only those Participating Rights Holders that are “accredited investors” as defined in Rule 501 under the Securities Act, and the next 35 Participating Rights Holders based on size of holding as per Schedule 4.4 of the Company Disclosure Schedule.

  • In the event that all or any portion of the Subsequent Closing Payment Amount is paid in the form of shares of Parent Common Stock, no certificates or scrip representing fractional shares of Parent Common Stock shall be issued.

  • Subject to the provisions of Article 3 hereof, Parent shall make a payment equal to the Subsequent Closing Payment Amount upon the first business day following the six month anniversary of the Closing Date.

  • Id. Even if these assertions were true, the CO still acted reasonably in classifying Allied’s prepayment and data rights statements as exceptions to the RFQ.The Solicitation’s evaluation criteria provided that “the Government intend[ed] to make an award on the basis of initial quotations without the use of discussions.” AR 238.

Related to Subsequent Closing Payment Amount

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Expected Final Payment Date means the September 2021 Distribution Date.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Fundamental Change Purchase Price has the meaning specified in Section 3.01(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(b)(i)(A).

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Second Closing Date has the meaning set forth in Section 1.3.

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

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.