First Deferred Payment definition

First Deferred Payment has the meaning set forth in Section 2.6(a)(iii).

First Deferred Payment has the meaning set forth in Recital V of this Agreement.

First Deferred Payment means $7,500,000.

Examples of First Deferred Payment in a sentence

• If the Proposed Disposal is completed around 12 months from the signing of the Disposal Agreements, the First Deferred Payment will be made together with the Balance Consideration that is payable on completion.

• Thus, we use the average unionization rate in the state of plant location as a proxy for the unionization at the plant.

• In this regard, the Company has agreed to pay to the Sellers on the Completion Date approximately MYR 140.6 million or approximately THB 1,076.17 million, being 92.5% of the Initial Purchase Price, and the remaining 6% and 1.5% of the Initial Purchase Price will be paid on the First Deferred Payment Date and the Second Deferred Payment Date, respectively.

• First Deferred Revenue is equal to or more than First Target Revenue, the Purchaser shall pay to the Historic Earn Out Holder an aggregate amount of £179,167,such amount being the First Deferred Payment.

• On the first anniversary of the Closing Date, or the first Business Day following the first anniversary in the event it does not fall on a Business Day, the Buyer shall deliver to the Paying Agent, for the benefit of the Sellers and Optionees, the First Deferred Payment, less any amounts held back pursuant to Sections 2.04(a)(ii), (iii), 11.02 and 11.05(e); distributed in the proportions set forth in Exhibit F hereto, by wire transfer of immediately available funds to the Transaction Account.

More Definitions of First Deferred Payment

First Deferred Payment means an amount in cash equal to $2,500,000.

First Deferred Payment means the amount, if any, in cash equal to (A) the First Deferred Payment Amount divided by (B) the Converted Share Number.

First Deferred Payment has the meaning given to that term in Clause 3.1(b);

First Deferred Payment means $17,000,000 minus 13.08% of the Option Surrender Consideration.

First Deferred Payment means the amount of $250,000 payable by the issue of BLR Shares in accordance with clause 6.1(a)(i);

First Deferred Payment the sum of $100,000 constituting part of the Deferred Consideration and being payable pursuant to 3.1(b)(i) (Purchase Price);

First Deferred Payment means, subject to Sections 3.3(d)(ii) and 10.4, an amount in cash equal to $77,942,500 plus the Integration Cost Refund, if any.