Consideration Payments. The Base Consideration, Operating and Maintenance Fee, Management Fee, payments to the Funded Maintenance Account and revised Schedule of Base Consideration shall be as follows: [INSERT AGREED-UPON AMOUNTS]
Consideration Payments. 5.1 In consideration of the rights and licenses granted to Immunicon by Kreatech hereunder, Immunicon shall pay to Kreatech a non-refundable, lump-sum payment of five hundred thousand US dollars (US$500,000), due and payable within sixty (60) days following the receipt by Immunicon of a Regulatory Approval from the US Food and Drug Administration to market the first Immunicon Product under this Agreement. Such lump-sum payment shall not be creditable to other payments due Kreatech hereunder.
Consideration Payments. 9.1. In consideration for the transfer of the Qualified Data to the Company’s Server as provided herein and the Access Rights, the Company shall pay Hadasit the fixed sum and royalties, as provided in this Section 9, and as provided in Section 2.9 above.
Consideration Payments. (a). In consideration of Xxxxxxxx’x execution and delivery of the Guaranty Agreement and upon the payment schedule set forth in Section 2(b) hereof, LNS will pay Xxxxxxxx:
Consideration Payments. Subject to any adjustment required by Section 1.13, the aggregate “Purchase Price” payable by Purchasers in consideration for the Purchased Products and Related Assets and the assumption of the Assumed Liabilities shall consist of: (a) a cash payment made at Closing equal to the sum of (i) $270,000,000 (the “Cash Amount”); plus (ii) the amount, if any, by which the Positive Estimated Aggregate Amount, if any, exceeds $3,000,000 (the “Positive Estimated Surplus”; for the avoidance of doubt, if the Positive Estimated Aggregate Amount is $3,500,000, the Positive Estimated Surplus is $500,000); minus (iii) the amount, if any, by which the Negative Estimated Aggregate Amount, if any, exceeds $3,000,000 (the “Negative Estimated Shortfall”; for the avoidance of doubt, if the Negative Estimated Aggregate Amount is $3,500,000, the Negative Estimated Shortfall is $500,000); minus (iv) the amount of any Existing Indebtedness as of the close of business on the Closing Date, as set forth in the Payout Spreadsheet; minus (v) any Transaction Expenses payable at or after the Closing Date as set forth in the Payout Spreadsheet (such sum of (i) through and including (v), the “Aggregate Closing Date Cash Payment”, which shall be payable in accordance with Section 1.7 and Section 1.13); plus (b) the Equity Consideration, which shall be payable in accordance with Section 1.8, plus (c) the Earn-Out Amount, if any, which shall be payable in accordance with Section 1.14, plus (d) the Deferred Payment Amount, which shall be payable in accordance with Section 1.15.
Consideration Payments. (a) The aggregate cash consideration to be delivered to the Sellers at the Closing for the Purchased Units shall be an amount equal to the sum of the following (the “Closing Payment”): (i) eighty million dollars ($80,000,000) (the “Initial Cash Consideration”); plus or minus (ii) the Closing Working Capital Payment; minus (iii) six million, five hundred thousand dollars ($6,500,000) (the “General Escrow Amount”) to be deposited in the General Escrow Account; minus (iv) the Working Capital Escrow Amount to be deposited in the Working Capital Escrow Account; minus (v) the aggregate amount of any Indebtedness as of the Closing Date; minus (vi) the aggregate amount of any Transaction Expenses.
Consideration Payments. Purchaser shall pay to Sellers the Initial Consideration and Contingent Consideration in the following manner:
Consideration Payments. In consideration for the Acquired Assets, BUYER will pay to SELLER a total purchase price in the aggregate amount of One Million Five Hundred Twenty Thousand Dollars ($1,520,000) (the “Purchase Price”), payable as follows: (i) Seven Hundred Twenty Thousand ($720,000) will be payable in installments directly to the Landlord for arrearages of Seller under the Lease in the manner set forth in the Assignment of and Second Amendment; (ii) One Hundred Thousand Dollars ($100,000) will be paid in cash at the Effective Time by wire transfer to an account designated by SELLER, and (iii) the balance shall be payable in seven (7) consecutive installments of One Hundred Thousand Dollars ($100,000) each in accordance with the following payment schedule, time being of the essence (the “Payment Obligation”): Date of Payment Amount of Payment Effective Time $ 100,000 January 1, 2012 $ 100,000 April 1, 2012 $ 100,000 October 1, 2012 $ 100,000 January 1, 2013 $ 100,000 April 1, 2013 $ 100,000 July 1, 2013 $ 100,000 October 1, 2013 $ 100,000
Consideration Payments. In consideration of Your timely execution, non-revocation of, and compliance with Your Restrictive Covenants and other obligations in, this Agreement, and provided that You (i) timely deliver to Jabil Your signed Resignation Notice (Attachment A) within the time frame specified in Section 2(B) and Your Jabil-issued laptop computer and mobile phone in accordance with Section 2(C), and (ii) execute and provide an Affidavit in the form attached as Attachment B to this Agreement in accordance with Section 4(A), Jabil will pay to you a gross amount of $2,000,000.00 (less applicable taxes and withholdings) (“Consideration Payments”). The Consideration Payments will be paid in eight (8) equal quarterly installments of $250,000 each, beginning with the first regularly scheduled payroll date after both the Separation Date and the Effective Date have passed or as soon as administratively feasible after such dates, in all events subject to your ongoing compliance with Your Restrictive Covenants as set forth herein. Executive’s Initials: /s/ KSW Separation, Release and Restrictive Covenants Agreement Re: Xxxxxxx Xxxxxxx Xxxxxx Page 8 of 15
Consideration Payments
