Initial Cash Payment definition

Initial Cash Payment has the meaning set forth in Section 1.3.
Initial Cash Payment shall have the meaning ascribed to such term in Section 2.1 hereof.
Initial Cash Payment has the meaning set forth in Section 1.3(a) of the Agreement.

Examples of Initial Cash Payment in a sentence

  • In the event Talon Nickel has delivered a feasibility study on the Tamarack Project, upon the completion thereof, the parties have agreed to fund the Tamarack Project in accordance with their respective ownership interests, or be subject to dilution.Pursuant to the 2018 Option Agreement, Talon Nickel initially had until February 5, 2019 to make the Initial Cash Payment and the Share Payment to Kennecott.

  • Except as otherwise provided in this Liquidating Trust Agreement, Entities (including any professionals retained by the Liquidating Trustee in accordance with this Liquidating Trust Agreement) engaged in transactions with the Liquidating Trust or the Liquidating Trustee shall look only to the Assets (exclusive of the Liquidating Trust Initial Cash Payment) to satisfy any liability incurred in connection with carrying out the terms of this Liquidating Trust Agreement.

  • The SPA further provided in Section 2.3(a)(i) that, the Initial Cash Payment was to be made “by means of a confirmed wire transfer to the attorney escrow account of Bishop, Dulaney, Joyner & Abner, PA pursuant to account designations and routing instructions .

  • The total purchase price payable for the Purchased Assets shall be USD $150,000 in cash (the “Initial Cash Payment”) and an aggregate of 450,000 common shares of Parent with an aggregate deemed value of USD $225,000 (the “Consideration Shares” and together with the Initial Cash Payment, the “Purchase Price”), plus the assumption of the Assumed Liabilities.

  • Garson also negligently failed to condition the repayment of the entire$1,000,000.00 Promissory Note on the satisfaction of the terms set forth for the Initial Cash Payment, such as the repayment by the Cayden Shareholders of all of Cayden’s outstanding debts pursuant to § 2.3(b) of the SPA.


More Definitions of Initial Cash Payment

Initial Cash Payment shall have the meaning set forth in Section 3.2(a).
Initial Cash Payment or “downpayment” means that portion of the initial payment that the purchaser is obligated to pay to the seller prior to or at the time of delivery of equipment, supplies, products, or services. It does not include any amount financed by or for which financing is to be obtained by the seller, or financing that the seller assists in obtaining.
Initial Cash Payment means an amount in cash equal to two (2) times the Total Stockholders' Equity Estimate as defined in Section 2.1(e)(i). Payments shall be allocated between AWW and GWS in accordance with Schedule 2.1(d) hereto.
Initial Cash Payment has the meaning assigned to such term in Section 3.1(a).
Initial Cash Payment means the $100 million received by the Company prior to February 15, 1993.
Initial Cash Payment shall have the meaning ascribed to it in Section 1.3(b). “Initial Stock Payment” shall have the meaning ascribed to it in Section 1.3(c).
Initial Cash Payment has the meaning ascribed to it in Section 1.02 (a). “Intellectual Property” means all patents and patent rights, trademarks and trademark rights, trade names and trade name rights, service marks and service xxxx rights, service names and service name rights, brand names, inventions, trade secrets, processes, formulae, copyrights and copyright rights, trade dress, business and product names, logos, slogans, trade secrets, industrial models, processes, designs, methodologies, computer programs (including all source codes) and related documentation, technical information, manufacturing, engineering and technical drawings, know-how and all pending applications for and registrations of patents, trademarks, service marks and copyrights. “Interests” has the meaning ascribed to it in the forepart of this Agreement. “Investment Assets” means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company (other than trade receivables generated in the ordinary course of business of the Company). “IRS” means the United States Internal Revenue Service. “July 31 Balance Sheet” has the meaning ascribed to it in Section 1.02(b)(i). “Knowledge of Sellers”, “Known to Sellers” or “Sellers’ Knowledge” means the knowledge of the Principals. “Laws” means all laws, statutes, rules, regulations, ordinances and other pronouncements having the effect of law of the United States, any foreign country or any domestic or foreign state, county, city or other political subdivision or of any Governmental or Regulatory Authority.