Upfront Consideration definition
Upfront Consideration has the meaning given to it in clause 3.2;
Upfront Consideration is defined in Section 2.2.
Upfront Consideration means the non-refundable, non-creditable amount of $5,000,000, $2,000,000 of which is designated as the “NDA Payment.”
Examples of Upfront Consideration in a sentence
In the event the Payment Fund shall be insufficient to pay the aggregate Upfront Consideration payable pursuant to Section 2.1(b), Section 3.4, Section 3.5(a)(i) and Section 3.5(b), Parent shall, or shall cause Merger Sub to, promptly deposit additional funds with the Paying Agent in an amount which is equal to the deficiency in the amount required to make such payment.
Parent shall cause the Paying Agent to make, and the Paying Agent shall make, delivery of the Upfront Consideration out of the Payment Fund in accordance with this Agreement.
More Definitions of Upfront Consideration
Upfront Consideration has the meaning ascribed to such term in Section 1.02.
Upfront Consideration means the Upfront Cash Consideration and the Upfront Stock Consideration.
Upfront Consideration means an amount equal to (a) $77,500,000 plus (b) the Aggregate Option Exercise Amount, minus (c) the amount, if any, by which Company Third Party Expenses exceed $2,000,000, minus (d) the aggregate amount of any and all Company Debt, minus (e) the Shareholder Representative Fund, minus (f) the amount, if any, by which the Company’s Cash and Cash Equivalents at Closing is less than $2,500,000.
Upfront Consideration means any cash or other consideration paid to GLGC under a Development Arrangement and that is received by GLGC prior to the occurrence of the first milestone event set forth in the chart in Section 5.1.1.
Upfront Consideration has the meaning set forth in Section 2.1 of the Agreement.
Upfront Consideration means an amount equal to (i) $60,000,000 minus (ii) the Closing Net Working Capital Shortfall, if any, plus (iii) the Closing Net Working Capital Surplus, if any, plus (iv) the Company Cash, minus (v) any Transaction Expenses unpaid as of the Closing, minus (vi) any Company Debt minus (vii) the Series G-1 Consideration.
Upfront Consideration means 7,117,438 Shares plus $80 million in cash; provided, however, that if the Wire Business Transaction is not consummated on or before the Target Closing Date, the Upfront Consideration shall be the Alternative Upfront Consideration.