Examples of Earn-Out in a sentence
Management has valued the consideration to be paid for Earn-Out Ounces at $Nil.
Any part of the Pre-Funded Earn-Out Amount relating to the calendar year ending on 31 December 2015 which does not become payable in accordance with the terms of the Acquisition Agreements, may be carried forward and become payable together with the Additional Purchase Price 2016 in accordance with the terms of the Acquisition Agreements.
These Earn-Out Shares are accounted for as a liability and require fair value measurement on a recurring basis.
The Issuer may (directly or indirectly through BidCo) only pay (i) the Deferred Purchase Price to the Sellers upon written confirmation to the Trustee from the Issuer that the EBITDA of the Target Group for the last twelve (12) months is at least SEK 70,000,000 and (ii) the Pre-Funded Earn-Out Amount if and when the Issuer complies with the requirements set forth in Clause 4.2 (Conditions Precedent for Disbursement of the Pre- Funded Earn-Out Amount).
Former holders of shares of Legacy Science 37 common stock were allocated Earn-Out Shares in connection with the completion of the Merger.