Upfront Cash Payment definition

Upfront Cash Payment means a payment of [**] from AYTU to TRIS on the Effective Date.
Sample 1Sample 2
Upfront Cash Payment has the meaning set forth in Section 4.1.
Sample 1
Upfront Cash Payment has the meaning set forth in Section 2.2.
Sample 1

Examples of Upfront Cash Payment in a sentence

  • Upon the first anniversary of the Effective Date, Harn Len shall pay the balance of the Upfront Cash Payment, amounting to 26% of the Upfront Cash Payment.

  • Simultaneous with the Parties’ execution of this Agreement, in addition to reimbursing TRIS via wire transfer for the [**] 2019 PDUFA Program Fee pursuant to Section 2.2, AYTU shall pay TRIS the Upfront Cash Payment via wire transfer of immediately available funds as directed by TRIS, and issue and deliver to TRIS stock certificates (or electronic delivery as may be requested by TRIS) for the Upfront Stock Consideration, which payments and issuance shall be non-refundable and non- creditable.

  • Upon OncoGenex’s timely payment of the Upfront Cash Payment to Ionis, within three (3) business days thereafter the Parties shall submit a Stipulation of Dismissal in the Lawsuit, which shall request the dismissal of the Lawsuit and specify that each party shall bear its own fees and costs.

  • Save for where Harn Len substantially fails to comply with the terms of the Management Agreement, and in the event any of the Management Agreements is terminated prior to the Cost Breakeven Point, the Plantation Company shall pay to Harn Len its portion of the balance of the amount of the Upfront Cash Payment that has not been recovered, being the difference of its Upfront Cash Payment and Harn Len’s FFB Entitlement as set out in Section 2.1.5 of this announcement.

  • At any time after Company having paid the Upfront Cash Payment and issued the Upfront Consideration Shares to Licensor according to Section 5.1, Company may terminate this Agreement in its entirety, at its sole discretion, by providing ninety (90) days written notice of termination to Licensor.

  • The consideration for the Drug Product Inventory and Drug Substance Inventory in total shall amount to [***] US Dollars (USD [***]), which amount is non-refundable and is already included in the Upfront Cash Payment set forth in Section 5.1b).

  • The Upfront Cash Payment shall be directly used by MPAG to fund MPAG Activities.

  • Note: * Cost Breakeven Point as defined in the Management Contracts means the point in time during the tenure of the Management Agreements when the Total Cost Incurred is fully recovered by the respective Plantation Companies and the Upfront Cash Payment is fully recovered by Harn Len.

  • For the avoidance of doubt, the Upfront Cash Payment payable shall be, at all material times 42% of the Cost Incurred.

  • Until Company has paid the Upfront Cash Payment and provided the Upfront Consideration Shares to Licensor according to Section 5.1, the aforementioned right to grant Sublicenses shall be limited to standard Sublicenses to Third Party service providers of Company under market standard service agreements, such as service agreements with clinical research organizations.


More Definitions of Upfront Cash Payment

Upfront Cash Payment has the meaning set forth in Section 3.1(a)(i).
Sample 1
Upfront Cash Payment means an upfront cash payment of up to $10 million, being comprised of the Pre-Closing Payments and the Balance Payments, if any.
Sample 1
Upfront Cash Payment has the meaning set forth in Section 8.1.1.
Sample 1

Related to Upfront Cash Payment

  • Cash Payment has the meaning set forth in Section 2.2(b).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Non-Cash Consideration means consideration in a form other than cash.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

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

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Earnout Payments has the meaning specified in Section 2.7.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

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

  • Deferred Net Cash Proceeds Payment Date shall have the meaning provided such term in the definition of Net Cash Proceeds.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Delta Payment means as it is described in this Agreement.

  • Earnout Consideration shall have the meaning specified in Section 2.03(b).

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