VHS Payments definition

VHS Payments means outstanding payment obligations, if any, of Company or any of its Subsidiaries to repurchase or cancel stock options or warrants of VHS. All VHS Payments as of the date of this Agreement are set forth on Schedule A-2.
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Examples of VHS Payments in a sentence

  • The Shareholders’ Agent shall be permitted to deposit any funds held in the Agent Fund in respect of Sale Bonuses, VHS Payments or In-the-Money Company Options with the Surviving Corporation, such amounts to be disbursed by the Surviving Corporation through its normal payroll process.

  • As soon as reasonably practicable after the Closing Date, Parent shall pay or cause the Surviving Corporation to pay to the respective payees of Sale Bonuses and VHS Payments the amounts specified in the Closing Payment Schedule.

  • In addition, Company shall be permitted to take such actions as are required to ensure that, at the Effective Time, Company will own all of the issued and outstanding capital stock of VHS and there will be no options, warrants, calls, rights, securities or agreements of any character by which Company or VHS is bound, obligating Company or VHS to issue any shares of capital stock of VHS, with the costs associated therewith considered VHS Payments.

Related to VHS Payments

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph 5.2.1 below. (Payment pursuant to this Contract shall be made as earned, in whole or in part, from available County funds in an amount not to exceed the contract amount.) 5.2.1 Prior to Contract Completion, unless terminated prior to Completion, progress payments shall occur in an amount equal to:

  • Bonus Payments means that portion of the bonus payments received by the

  • Payments has the meaning set forth in Section 6.12.1.

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • Suspends payments with respect to a bank means that it has been closed by order of the supervisory authorities, that a public officer has been appointed to take it over or that it ceases or refuses to make payments in the ordinary course of business.