Additional Payment Amount Sample Clauses

Additional Payment Amount. (a) The Buyer shall pay the Seller an additional purchase price of $225,000,000 (the "Additional Payment Amount") as adjusted in the manner described below:
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Additional Payment Amount. (i) Following the Closing, the Purchaser shall determine, in its sole discretion, subject to Section 1.2(c)(iv), whether the Additional Payment Amount shall consist of cash, shares of Purchaser Common Stock or some combination thereof and shall thereafter deliver a written notice (a “Determination Notice”) to the Shareholder Representative setting forth (i) the relative allocation (in dollars) of the Additional Payment Amount between cash and Purchaser Common Stock and (ii) if applicable, the anticipated effective date of the Registration Statement (such date, as designated by the Purchaser in the Determination Notice or thereafter designated in a subsequent notice by the Purchaser, the “Target Effective Date”, which shall not be later than November 30, 2007). If Purchaser determines that any portion of the Additional Payment Amount shall consist of Purchaser Common Stock, Purchaser shall deliver the initial Determination Notice no later than ten (10) Business Days prior to the Target Effective Date. Any amount of the Additional Payment Amount that the Purchaser determines to pay in Purchaser Common Stock (as expressed in dollars on the Determination Notice) is referred to herein as the “Additional Payment Stock Value”. The aggregate number of shares of Purchaser Common Stock to be issued as a portion of the Additional Payment Amount shall equal the quotient obtained by dividing (A) the Additional Payment Stock Value by (B) the Trading Price and shall thereafter be adjusted pursuant to Section 1.2(c)(vii) (such aggregate number of shares, as adjusted, the “Stock Consideration Number”). The aggregate amount of cash to be paid as a portion of the Additional Payment Amount shall equal (i) the Additional Payment Amount minus (ii) the product of the Stock Consideration Number, if any, multiplied by the Trading Price.
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Additional Payment Amount. As additional consideration for the Interests, at the time provided in Section 1.6(d), Purchaser (or its designee so long as Purchaser remains an obligor thereof) shall pay to Sellers, based on each Seller’s Pro Rata Percentage, an amount, if any, equal to the Additional Payment Amount.
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Additional Payment Amount. 1, 16 Affiliate..........................1 Agreement..........................1
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Additional Payment Amount. On each Interest Payment Date following the Special Provision Effective Date, the Borrower shall pay in cash to each Lender holding Term A Loans or Term B Loans an additional amount equal to the excess of (x) (I) the aggregate amount of interest (in cash or “paid in kind”) payable to such Lender on account of all Term Loans held by such Lender on such Interest Payment Date (such amount in this clause (x)(I) on such Interest Payment Date, the “Applicable Aggregate Interest Amount”) divided by (II) (a) one minus (b) the Additional Cash Rate (expressed as a decimal) in effect; over (y) the Applicable Aggregate Interest Amount at such time.”
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Additional Payment Amount. Effective as of January 1, 1996, the parties ------------------------- hereby agree to delete "EXHIBIT E" to the Agreement in its entirety and to substitute the "AMENDED EXHIBIT E"' set forth as Attachment I hereto in its place.
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Related to Additional Payment Amount

  • Additional Payment (a) If, notwithstanding the provisions of Section 8(a)(ii), but subject to subsection (b), it is ultimately determined by a court or pursuant to a final determination by the Internal Revenue Service that any portion of Total Payments is subject to the tax (the "Excise Tax") imposed by Section 4999 of the Code (or any successor provision), then the Company shall pay to the Executive an additional amount (the "Gross-Up Payment") such that the net amount retained by the Executive after deduction of any Excise Tax and any interest charges or penalties in respect of the imposition of such Excise Tax (but not any federal, state or local income tax) on the Total Payments, and any federal, state and local income tax and Excise Tax upon the payment provided for by this Section 23 shall be equal to the Total Payments. For purposes of determining the amount of the Gross-Up Payment, the Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income taxation in the calendar year in which the Gross-Up Payment is to be made and state and local income taxes at the highest marginal rates of taxation in the state and locality of the Executive's domicile for income tax purposes on the date the Gross-Up Payment is made, net of the maximum reduction in federal income taxes that could be obtained from deduction of such state and local taxes.

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

  • Payment Amount Each Restricted Stock Unit represents one (1) Share of Common Stock.

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

  • Payment of Reimbursement Amount To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fees, Rule 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, Rule 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO, IDI and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.

  • Final Payment The Final Payment, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares;

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

  • Purchase Price Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

  • Initial Payment The Obligor with respect to each Receivable has made at least one scheduled payment.

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