Contingent Cash Payment definition

Contingent Cash Payment has the meaning set forth in Section 2.07(a)(i).
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Contingent Cash Payment means the pro rata portion of the additional accrued interest of each public shareholder, if any, remaining in the Trust Account, in excess of $10.28 per ordinary share;
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Contingent Cash Payment has the meaning set forth in Section 2.4(g)(i).
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Examples of Contingent Cash Payment in a sentence

  • Within thirty days after receiving a Catch-up Statement, the Buyer shall pay the Contingent Cash Payment and shall issue the Buyer Stock representing the Contingent Stock Payment using the average closing price of a share of Buyer Stock as reported on NASDAQ for the fifteen (15) consecutive trading days ending on the day prior to the date of such issuance.

  • In respect of each Performance Period, within thirty (30) days following complete satisfaction of the Performance Period Requirements set forth below, the Buyer shall pay the Seller an amount in cash equal to the Contingent Cash Payment.

  • Within 30 days after receiving a Catch- up Statement, Parent shall pay the Contingent Cash Payment and issue the Parent Stock representing the Contingent Stock Payment for such Performance Period.

  • The Contingent Cash Payment and Contingent Equity Issuance, in each case, shall be made within thirty (30) days following the date on which the amount of the Aggregate Contingent Payment, if any, is finally determined in accordance with Section 1.12(c).

  • From the Closing Date until the earlier of the expiration of the Performance Period or the full payment of the Contingent Cash Payment, Contingent Stock Payment and the Additional Contingent Payment for each Performance Period, the Buyer shall operate Data Road as an information technology services business.

  • The Contingent Cash Payment (plus interest thereon as provided in this subsection) shall be allocated among the Sellers as provided in the Allocation Schedule.

  • In respect of each Performance Period, upon complete satisfaction of the Performance Period Requirements set forth below, Merger Sub shall pay to each Equity Holder in cash such Equity Holder’s Pro Rata Percentage of the applicable Contingent Cash Payment.

  • The sum of the Cash Portion of the Purchase Price, the Contingent Cash Payment, the Stock Portion of the Purchase Price and the Earned Payout Amount shall be referred to as the "Purchase Price." Each of (i) the Cash Portion of the Purchase Price and (ii) the Stock Portion of the Purchase Price shall be allocated among Sellers in dollar amounts set forth on the Allocation Schedule; provided, however, that the number of Buyer Shares allocable to each Seller shall be rounded down to the nearest whole number.

  • Contingent Cash Payment Each individual awarded a grant of Restricted Stock by the Committee may also be eligible to receive, at the Committee's discretion, a contingent cash payment, the value of which shall equal the grant value (as determined in the sole discretion of the Committee) of the restricted stock awarded to such individual.

  • In addition, when and as the Contingent Cash Payment is paid to the Sellers, Buyer shall also pay Sellers interest on the amount of such payment, calculated at the rate of 5.41% per annum, compounded semi-annually, for the period from the Effective Time to the date of payment.


More Definitions of Contingent Cash Payment

Contingent Cash Payment has the meaning set forth in the CPR Agreement.
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Contingent Cash Payment means the payments, if any, that may become payable to Sellers in cash pursuant to Section 2.3.1 or Section 2.3.2 hereof.
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Contingent Cash Payment has the meaning set forth in Section A(iv)(1) of Schedule A.
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Contingent Cash Payment has the meaning set forth in Section 1.02(C) above.
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Related to Contingent Cash Payment

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

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

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • 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:

  • Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.

  • Contingent Consideration shall have the meaning set forth in Section 2.5.

  • Contingent Payments has the meaning set forth in Section 2.3(d).

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

  • 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).

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

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

  • Contingent fee as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • 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.

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

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

  • Contingent Right means a right under this Schedule 5 which is not a Firm Right and which is subject to the fulfilment of all competing Exercised Firm Rights and any additional contingency specified in this Schedule 5;

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.

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

  • Earnout has the meaning set forth in Section 2.9(a).

  • 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.

  • Interim Payment has the meaning specified in Section 10.1.

  • 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.