Consideration Payment definition

Consideration Payment has the meaning assigned to it in Section 2.2(a);
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Consideration Payment has the meaning given it in Section 6.6(a).
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Consideration Payment has the meaning given to it in Section 5.1;
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Examples of Consideration Payment in a sentence

  • The performance contemplated by Section 4., for which the Consideration Payment shall be made.

  • After the Tax Payment Confirmations and the External Payment Filing Form had been obtained and within 5 days from the date of Consideration Payment, the Target Company shall apply to the Bureau of Commerce and Industry for a change of legal representative of the Target Company to a person appointed by the Purchaser; and apply for a new business license.

  • Equity Transfer and Completion Subject to the Consideration Payment, the Target Company shall arrange for filing documents with the relevant P.R. China authority and effect the Equity Transfer in compliance with the applicable P.R. China legal requirements.

  • Consideration Payment.............................................

  • As per the terms of the JV, the Company received a Consideration Payment of $1.5m in cash, the first of up to $9.2m in staged payments from GTM.

  • The Court rejects the statutory 10% rate of interest as excessive considering the significant disparity between the statutory and market-based interest rates.54 The Court thus intends to award prejudgment interest as follows: 2009 Profit Consideration Payment: 5% interest on the payment amount due December 2, 2009, including the sum unpaid from 2008,55 for the period beginning Dec 2, 2009, and ending August 25, 2014; 52 See Varney Bus.

  • OneBeacon’s unreasonable conduct in the following years (including repeatedly failing to pay the 2008 sum) independently supports the Courts award.2010 Profit Consideration Payment: 5% interest on the payment amount due December 2, 2010, calculated as though OneBeacon had properly tendered and Plaintiffs had accepted the 2009 Profit Consideration payment, for the period beginning December 2, 2010, and ending August 25, 2014.

  • By means of the Financial Consideration Letter of Guarantee, the Eligible Institution/s must be irrevocably and unconditionally committed that they will render the said amount of the Financial Consideration available to the Candidate on the Financial Consideration Payment Date or on the Financial Consideration First Tranche Payment Date (whichever applies), in case has been declared Preferred Investor.

  • The Successful Bidder(s) shall, on the Consideration Payment Date, provide the entire sale Consideration as per the terms of the LoI issued to it/them, into the bank account, details of which is provided in the Document/LOI, the sole signatory of which shall be the Liquidator (“Liquidation Account”).

  • Neither parties to the SPA would prefer to defer the Completion Date to a later date when it is commercially viable to achieve Completion with the banking facilities available to the Purchasers enabling the Purchasers, at Completion, to confirm that the 1st Consideration Payment will be settled via CCASS on the second Business Day after the Completion Date, while settling the remaining portion (i.e. 35%) of the Sale Shares Purchase Price on a deferred basis.


More Definitions of Consideration Payment

Consideration Payment shall be the sum of US$959,000 or, in the event that the 1999 EBITDA is less than US$137,000, seven times such lesser amount.
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Consideration Payment has the meaning given thereto in clause 3.1;
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Related to Consideration Payment

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Termination Payment has the meaning set forth in Section 6.03.

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

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

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

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

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

  • Termination Payments has the meaning specified in Section 10(a).

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

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.