TW Payment definition
Examples of TW Payment in a sentence
AOL’s reimbursement obligations hereunder shall not be construed to limit or waive the rights of subrogation that Time Warner or any of its subsidiaries may have in respect of any TW Payment and AOL hereby acknowledges and affirms that Time Warner and its subsidiaries have not waived their rights of subrogation.
At the Closing, Ventures shall deliver, or cause to be delivered, to TCAC, a receipt in the form of EXHIBIT A-3 annexed hereto (the "TW RECEIPT"), executed by TW and acknowledging the payment and satisfaction of the TW Payment Amount against amounts owing by Paxs▇▇ ▇▇ TW under the TW MSO Agreement.
The Net Purchase Price shall be increased in the event Ventures shall fail to deliver, on or before the Closing Date, (i) the SSI Receipt, by the SSI Payment Amount, (ii) the Cox Receipt, by the Cox Payment Amount, or (iii) the TW Receipt, by the TW Payment Amount.