First Cash Payment definition

First Cash Payment shall have the meaning specified in Section 1.1(a).
Sample 1
First Cash Payment has the meaning set forth in Section 2.3 of this Agreement.
Sample 1
First Cash Payment has the meaning given to that term in the Share Purchase Agreement.
Sample 1

Examples of First Cash Payment in a sentence

  • The Buyer covenants and agrees that it shall ensure and take all necessary steps to ensure that at Closing the Buyer will have sufficient funds on hand to pay the First Cash Payment in full.

  • The levels seem to be ar- ranged according to the different ages.

  • If GIL fails to pay the First Cash Payment to Sinotop on the Completion Date, the Bidding Bond paid by GIL to Sinotop shall be forfeited by Sinotop and GIL shall pay an additional sum equivalent to the Bidding Bond as agreed liquidated damages to Sinotop.

  • In contrast, if the patient's medical practitioner simply recommends that the patient use an over-the-counter pain relief medication, without completing a prescription for the medication, the sale of the over-the-counter drug is subject to retail sales tax.

  • In addition to the foregoing, the Seller shall pay and deliver to Premier Gold Mines Limited on the Closing Date, or cause to be paid and delivered to Premier Gold Mines Limited on the Closing Date, the remainder of the First Cash Payment due and payable and the Consideration Shares due to Premier Gold Mines Limited under the Share Purchase Agreement at the closing of the Share Purchase Transaction.

  • On March 27, 2019, the Company received from Serengeti (i) $683 in cash representing the balance of the First Share Payment and the Royalty Buyback Payment and (ii) $25,000 in cash representing the First Cash Payment.

  • We may decline to accept particular Investments and instead ask the Eligible Child’s previous CTF manager to realise such Investments and transfer cash to us.

  • TOTAL PURCHASE PRICE" means First Cash Payment plus Earn Out-Amount, and is more fully described in Clause 3.1 of this Agreement.


More Definitions of First Cash Payment

First Cash Payment shall have the meaning set forth in Section 2.2.
Sample 1
First Cash Payment means $15,000,000.
Sample 1
First Cash Payment has the meaning assigned to such term in the Acquisition Amendment;
Sample 1
First Cash Payment means US$7 million minus the Off-Set Amount.
Sample 1

Related to First Cash Payment

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

  • 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:

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

  • 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).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

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

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

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

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (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, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • 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.

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Petty Cash means a sum of money set aside on an imprest basis for the purpose of making change or paying small obligations.

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

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing. If settlement of the Performance Share Units may not be made within the period specified in this Section 2(b) due to the limitation in Section 14(t)(iii)(A) of the Plan, such settlement shall be made in accordance with Section 5 of the Agreement.

  • 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.

  • 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.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

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

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