Milestone Consideration definition

Milestone Consideration has the meaning specified in Section 2.2(a) of this Agreement.

Milestone Consideration has the meaning ascribed to such term in Section 1.03.

Milestone Consideration means, collectively, (a) the Milestone Shares and (b) the Commercial Milestone Cash Payments.

Examples of Milestone Consideration in a sentence

• Parent shall hold the set-off rights with respect to the Milestone Consideration pursuant to the terms of Section 7.08below.

• The right of a Company Stockholder to receive Milestone Consideration pursuant to this Agreement shall not be transferable without the prior written consent of Parent, which consent will not be unreasonably withheld, conditioned or delayed.

• In cases where the flow meter diagnostics software is stand-alone software requiring downloading into an existing pre-existing computer it may take some time to integrate the first meter diagnostic results.

• Parent shall have the right to set-off any Milestone Consideration issuable or payable to the Company Stockholders hereunder to provide recourse to Parent Indemnified Parties with respect to Parent Indemnified Parties’ indemnification rights under this Article VII.

• The yield on Statutory Liquidity Ratio (SLR) securities increased from 7.34% in fiscal 2012 to 7.80% in fiscal 2013 primarily due to investments in longer duration SLR securities at higher yields and maturities of low yielding securities.

More Definitions of Milestone Consideration

Milestone Consideration means an amount of up to $49,000,000 payable (if any) by the Purchaser to the Common Shareholders in accordance with Section 2.7.

Milestone Consideration shall have the meaning set forth in Section 1.15.

Milestone Consideration means all Milestone Payments required to be made by Parent to the Stockholders under Section 1.08.

Milestone Consideration means (i) in the sole discretion of Purchaser, (A) cash equal to $20,000,000 in the case of the First Milestone Event, $10,000,000 in the case of the Second Milestone Event and $10,000,000 in the case of the Third Milestone Event or (B) Milestone Consideration Shares applicable in respect of such Milestone Event or (C) a combination of (A) and (B), and (ii) the Commercial Milestone Consideration. The amount of Milestone Consideration shall be reduced by any “Category 3” transaction liabilities described in the Schedule of Closing Cash, Liabilities and Indebtedness that are payable as a result of such Milestone Event.

Milestone Consideration means the Milestone Payments (when and if earned), as set forth in Table 1 of Section 2.2(b). “Milestone Obligor” means any successor, partner, joint venture partner, licensee or assignee or any other person that hasbeen delegated responsibility for achieving any Milestone Trigger or making any Milestone Payment.

Milestone Consideration means, collectively, the Milestone Payments (to the extent required to be made pursuant to the terms of this Agreement).

Milestone Consideration means the Regulatory Consideration, the 2015 Milestone Consideration, the 2016 Milestone Consideration and the 2017 Milestone Consideration.