Transaction Payment definition

Transaction Payment means (a) any success, change of control, retention, transaction bonus or other similar payment or amount to any Person as a result of or in connection with this Agreement or the transactions contemplated hereby (including any such payments or similar amounts that may become due and payable based upon the occurrence of one or more additional circumstances, matters or events) or (b) any payments made or required to be made pursuant to or in connection with or upon termination of, and any fees, expenses or other payments owing or that will become owing in respect of, any Company Related Party Transaction during the period beginning on the Latest Balance Sheet Date and ending on the Closing Date.

Transaction Payment means (a) any success, change of control, retention, transaction bonus or other similar payment or amount to any Person as a result of or in connection with this Agreement or the transactions contemplated hereby (including any such payments or similar amounts that may become due and payable based upon the occurrence of one or more additional circumstances, matters or events) or (b) any payments made or required to be made pursuant to or in connection with or upon termination of, and any fees, expenses or other payments owing or that will become owing in respect of, any Company Related Party Transaction during the period beginning on the Latest Balance Sheet Date and ending on the Closing Date. Notwithstanding the foregoing or anything to the contrary herein, the HighCape Common Stock to be issued in respect of or that will become subject to the Rollover Awards at the Effective Time on the terms and subject to the conditions of this Agreement shall not constitute Transaction Payments.

Transaction Payment shall have the meaning set forth in Section 11(a).

Examples of Transaction Payment in a sentence

• Payment shall be credited first to Costs (as defined below), if any, then to accrued interest due and payable and any remainder applied to principal or the Corporate Transaction Payment, as applicable.

• Payment shall be credited first to Costs (as defined below), if any, then to the Corporate Transaction Payment.

• AustraliaThe core revenue of the Group comprises; Shared Services, Solution Services and Transaction Payment Acquisition.

• If Multiple Transaction Payment Netting is applicable to Transactions, it will apply to those Transactions with effect from the starting date specified in the Schedule or such Confirmation, or, if a starting date is not specified in the Schedule or such Confirmation, the starting date otherwise agreed by the parties in writing.

• The election may be made in the Schedule or any Confirmation by specifying that “Multiple Transaction Payment Netting” applies to the Transactions identified as being subject to the election (in which case clause (ii) above will not apply to such Transactions).

More Definitions of Transaction Payment

Transaction Payment means a cash payment due to a current or former employee of the Group at the Settlement in accordance with and subject to the terms of an applicable employment agreement, which amounts and the recipients shall be set forth on Schedule 30.1.11;

Transaction Payment means the sum of (x) Executive's highest Base Salary, plus (y) the amount of the highest Bonus Payment received by Executive, in any of the three (3) years immediately prior to the year in which the Change in Control occurs.

Transaction Payment means the consideration from any Liquidity Event being paid to the Corporation (if the consideration is to be received by the Corporation in an asset transaction), or by any third party to stockholders of the Corporation (if the consideration is to be received directly by such stockholders in a merger, consolidation, stock purchase or similar transaction).

Transaction Payment means the payments of the Purchase Price described in Section 1.3. hereof.

Transaction Payment shall have the meaning set forth in Section 1 l(a).

Transaction Payment means $2,400,000. · The Transaction Payment will be paid at the Acceptance Time.

Transaction Payment means a payment to be processed by DBS as part of the Services.