Common use of Additional Purchase Consideration Clause in Contracts

Additional Purchase Consideration. If the NOI for any year in which an installment of Deferred Consideration is due exceeds $1,000,000, (as finally determined pursuant to this Section 2.4) then twenty-five percent (25%) of the amount over and above and in excess of $1,000,000 shall be accrued as additional consideration and be paid to the Acquiree Shareholders according to the Shareholder Percentages at the same time as the payment of the Deferred Consideration under Section 2.4(b) hereof.

Additional Purchase Consideration. If the NOI for any year in which an installment of Deferred Consideration is due exceeds $1,000,000, (as finally determined pursuant to this Section 2.4) then twenty-five percent (25%) of the amount over and above and in excess of $1,000,000 shall be accrued as additional consideration and and, within sixty (60) days of the end of such year, be paid as additional consideration to those persons designated in Schedule 2.4 hereof in the Acquiree Shareholders according to the Shareholder Percentages at the same time as the payment of the Deferred Consideration under Section 2.4(b) hereofproportions described in that Schedule.

Additional Purchase Consideration. If the NOI for any year in which an installment of Deferred Consideration is due exceeds $1,000,0001,700,000, (as finally determined pursuant to this Section 2.4) then twenty-five percent (25%) of the amount over and above and in excess of $1,000,000 shall 1,700,000 shall, within sixty (60) days of the end of such year, be accrued paid as additional consideration and be paid to those persons designated in Schedule 2.3 hereof in the Acquiree Shareholders according to the Shareholder Percentages at the same time as the payment of the Deferred Consideration under Section 2.4(b) hereofproportions described in that Schedule.