Subsequent Payment. As further consideration for the Option, the Optionee hereby agrees to pay to the Optionor, on January 1, 2023, the sum of Forty Thousand Dollars ($40,000) (the “Second Option Payment”), by cash or wire transfer to an account designated in writing by the Optionor. In the event the Second Option Payment is not made by January 1, 2023, then the Optionee shall have thirty (30) days from receipt of written notice from the Optionor that the Second Option Payment is due and owing. The Second Option Payment shall be nonrefundable to the Optionee except in the event the Optionor fails to consummate the Closing for any reason (other than due to a default by the Optionee or failure to obtain any Regulatory Approvals).
Subsequent Payment. Baxter shall pay to Cerus the amount of [ * ] Dollars ($[ * ] ) at the time of the next [ * ] , which shall occur not later than [ * ] . In connection with such payment, BHC represents to Cerus that no payments have been made by BHC to BCC respecting Revenue Sharing Payments (as defined in the Platelet Agreement) due to Cerus with respect to Platelet System sales in the fourth quarter of 2004 (or the first quarter of 2005), any rights to Revenue Sharing payments now reverting to Cerus. [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Subsequent Payment. Payments to Subcontractor shall be contingent upon receipt by the CAPOC of the monthly expenditure activity and programmatic reports. If the Subcontractor owes CAPOC any outstanding balances for overpayments of any contract, current or previous, the balance may be offset, based on arrangements with the Subcontractor.
Subsequent Payment. WRP will charge and collect a the remaining 50% of the Accommodation fee and of any other costs, fees, or Taxes specified on the Listing or your Booking confirmation within thirty (30) days from commencement of your Accommodation Period as specified on your Booking confirmation.
Subsequent Payment. “Subsequent Payment” shall mean a second Payment representing the balance of the CMF Award in the case where a Recipient exercises its option to receive the CMF Award in two Payments.
Subsequent Payment. Client agrees that if it should become associated with any Physician introduced to Client by Company within 12 months after the first presentation of the Physician, Company will have performed its obligation and the full fee shall be due and payable. Client Name: Mad River Community Hospital Address: X.X. Xxx 0000 Xxxxxxx: Xxxxxx, XX 00000 Email:___________________________________
Subsequent Payment. Subsequent Payment" shall have the meaning assigned to it in Section 3.2.
Subsequent Payment. 8 2.7 Legend . . . . . . . . . . . . . . . . . . . . 8
Subsequent Payment. No later than 10:00 a.m. on January 5, 1998, the Exchange Agent shall issue to each holder of record of Certificates as of the Effective Time (i) a certificate or certificates representing ninety percent (90%) of the Stock Consideration, (ii) cash payable in lieu of fractional shares and (iii) cash payable pursuant to the Promissory Notes.
Subsequent Payment. Subject to Section 10, Buyer shall pay to Seller an additional One Million Dollars ($1,000,000) (the “Subsequent Payment”), on the first anniversary of the Closing in, at Buyer’s election: (a) cash by check or wire transfer of immediately available funds to such bank account of Seller as it may designate in writing prior to the first anniversary of the Closing or (b) shares of Onyx Common Stock, determined by dividing $1,000,000 by the Fair Market Value of the Onyx Common Stock (the “Subsequent Stock Portion”), or a combination thereof.
